Oikocredit granted a five year loan for 500 million Ugandan Shillings (UGX), or $279,350, to the Emesco Development Foundation in Uganda. Oikocredit is one of the larger microfinance investment funds with 467 projects and assets totaling US$304 million at the end of 2005. According to the MIX Market, $126 million of this is allocated to Microfinance Investments.
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