Another deal coming to us courtesy of the CGAP-MIX MCM Newsletter, the El Salvador based Fundación Campo received a USD 100,000 loan from responsAbility Global Microfinance Fund. Created in 1996, Fundación Campo goal is to provide financial services to the micro- and small- business sector in order to create sustainable development. According to the MIX Market, the microfinance clearing house, as of December 31st 2005, its gross loan portfolio equaled USD 2,141,731 and its total assets were USD 2,592,520. Its debt to equity ratio was 17.94%, its return on assets was 6.42% and its return on equity was 7.07%. In addition, as of December 2005, Fundación Campo had 2,962 active borrowers.
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