MicroCred Holdings is a subsidiary of the French organization PlaNet Finance established in 2005 to create commercial microfinance opportunities. While MicroCred does not make any of its financial data available to the non share-holding public, Microcapital.org recently reported its USD 787,740 investment in MicroCred Mexico. MicroCred Holdings reports that, outside of MicroCred Mexico, it will only invest in preexisting commercial microfinance companies in Latin America, Asia, Africa and the MENA region.
Continue reading “Whos Who in Microfinance: MicroCred Holdings”
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