Financiera Independencia to hold shareholders’ meeting

Microfinance Focus, Dec. 3, 2009: Financiera Independencia has called for a General Ordinary Shareholders’ Meeting to be held on December 17, 2009 in Mexico City to discuss and, if applicable, approval of a corporate restructuring following the acquisition of Financiera Finsol.
Financiera Independencia is a Mexican microfinance institution that provides microcredit loans on an unsecured basis to individuals in the low-income segments in Mexico in urban areas of both the formal and informal economy.
As of September 30, 2009, Independencia had a total outstanding loan balance of Ps.4,793.1 million, operated 198 offices in 143 cities throughout 31 of Mexico’s 32 federal entities and had a total labor force of 9,586 people.
The Company is listed on the Mexican Stock Exchange on November 1, 2007, where it trades under the symbol “FINDEP”.

© 2009, Microfinance News. All rights reserved. 2008-09

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