Peru-based microfinance institution (MFI) Edpyme Proempre received a loan of USD 500,000 from the private Belgian investment fund VDK MFI Loan Portfolio. Proempresa is a non-bank financial institution that targets individuals active in handicrafts, medicinal plants, agro-industry, and other small business products. As of 31 December 2005, it has 12,945 active clients, a gross loan portfolio of USD 11.6 mn and USD 14.5 mn in total assets, according to MIX market, the microfinance information clearinghouse. VDK MFI Loan Portfolio was established in 2007 to “build a well-structured portfolio of microfinance investments.” VDK reported to MIX market as having allocated USD 32.9 mn to microfinance projects in the next 12 months.
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