The Unitus Equity Fund invested $1 million in Credex. The for-profit microfinance institution began in 2002 as a financial services provider for Mexico’s poor. According to a Credex press release, it has fifteen branches serving 12,000 clients, and manages a $5 million loan portfolio. The company does not report to MIX Market, the microfinance information clearinghouse.
Continue reading “Unitus Equity Fund Makes $1 Million Investment in Microfinance Institution Credex”
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