Posts Tagged ‘Mexican micofinance’

Microfinance Focus, Oct 29, 2010: World Bank’s financial arm, International Finance Corporation has proposed an investment in Crédito Real, S.A. de C.V. (CR) a finance company which is fast moving into microfinance in Mexico. The proposed project is a Credit Line for up to MXN 130 million (USD 10 million equivalent) for IFC’s account. The proceeds from the credit line will be used to increase, ... Full story

Microfinance Focus, Sep 22, 2010: Financiera Independencia, a Mexican microfinance lender of personal loans to lower income individuals and working capital loans through group lending microfinance, has approved the payment of a cash dividend, to be charged to the balance of the net tax profit account of the Company, in the amount of Ps.0.21 Mexican currency. The decision was taken on the Ordinary Shareholders Meeting ... Full story

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 ... Full story