Another deal coming to us courtesy of the CGAP-MIX MCM Newsletter, the Guatemala based Microfinance institution Asociación de Desarrollo Integral Rural (ASDIR) receives a USD 400,000 loan from Oikocredit. Established in 1999, ASIR’s goal is to provide financial services to the people of Guatemala. According to the MIX Market, the microfinance clearing house, as of December 31st 2005, its gross loan portfolio equaled USD 1,745,085 and its total assets were USD 2,030,743. Its debt to equity ratio was 349.39%, its return on assets was 1.48% and its return on equity was 7.43%. In addition, as of December 2005 ASDIR had 822 active borrowers.
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