Another deal coming to us courtesy of the CGAP-MIX MCM Newsletter, Sociedad Cooperativa de Ahorro y Crédito AMC de R.L., better known as AMC de R.L, received a USD 100,000 loan from the responsAbility Global Microfinance Fund. Created in 2001, this El Salvador based institution’s 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 6,573,232 and its total assets were USD 8,560,858. Its debt to equity ratio was 242.76% , its return on assets was 2.41% and its return on equity was 8.40%. In addition, as of December 2005, AMC de R.L. had 8,783 active borrowers.
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