MICROCAPITAL STORY: Jamii Bora Trust, Microfinance Institution Based in Kenya, Reaches $38m in Loans; Backers Acquire City Finance Bank

The Jamii Bora Trust reached a total loan portfolio to KES 3 billion (USD 38.3 million) this week. Over 329,000 loans have made by the microfinance institution (MFI) since being established in 1999. The Founder and managing trustee of Jamii Bora, Ingrid Munro said, “we expect the total loan disbursement to hit the Sh4 billion … Continue reading MICROCAPITAL STORY: Jamii Bora Trust, Microfinance Institution Based in Kenya, Reaches $38m in Loans; Backers Acquire City Finance Bank