MICROCAPITAL BRIEF: Juhudi Kilimo, Rural MFI in Kenya, Sells 39% Equity Stake to Nordic Microfinance Initiative for $3.1m

Nordic Microfinance Initiative (NMI), a Norway-based public-private partnership that supports microfinance institutions (MFIs) in developing countries, recently paid USD 3.1 million to acquire a 39.4 percent stake in Juhudi Kilimo, a Kenyan microlender offering