Bolivia’s Fundación AgroCapital Given $1 million Line of Credit from Impulse Microfinance Investment Fund

Fundación AgroCapital received a $1 million credit line from Impulse Microfinance Investment Fund. The Bolivia-based Fundación AgroCapital provides short- and medium-term loans for microenterprises involved in rural production, transportation, and distribution. Founded in 1992, it had assets of $19.8 million and $16.3 million in outstanding loans at year end 2005. Return on assets stood at 1.81% while debt to equity was 92.35%. All figures are from MIX Market.

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