French Microcredit Investment Company Investor and Partner for Development Obtains 20.5% Stake in Micro-bank Uganda Women’s Trust

French investment company Investor and Partner for Development (I&P) obtained a 20.5% stake in microfinance institution (MFI) Uganda Women’s Finance Trust Limited (UFT). Established in 2002 by French entrepreneurs and incorporated in the country of Mauritius, I&P invests in MFIs and small and medium-sized enterprises (SMEs). I&P had total assets of å¥8.5 million as of mid-March 2005, by which time it also had 5 active microfinance investments totaling å¥1.66 million and 3 active SME investments in the water, agriculture technology, and pharmaceutical industries totaling å¥455,000.
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