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kagisano Tagged Articles
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Black Investors PLC of Britain Lends $13m to Microfinance Institution (MFI) Kagisano of South Africa
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| Black Investors PLC, a British investment company, has granted a ZAR 100 million (USD 13 million) long-term loan facility to Kagisano Financial Enterprises, a South African mass market credit provider.
The loan will be earmarked for Kagisano’s advances book, bringing its value to over ZAR 300 million (USD 39.1 million). It comes during a period of brisk growth for the company, which has been opening about three new outlets a month as it offers new products and its customer base becomes more affluent. According to CEO Eugene van Niekerk, demand for Kagisano’s products has remained strong in spite of a high interest-rate environment.
Black Investors PLC does not appear to have an Internet presence, and further information about the firm could not be ascertained. |
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Other kagisano Related Articles
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Black Investors PLC of Britain Lends $13m to Microfinance Institution (MFI) Kagisano of South Africa
| |
| Black Investors PLC, a British investment company, has granted a ZAR 100 million (USD 13 million) long-term loan facility to Kagisano Financial Enterprises, a South African mass market credit provider.
The loan will be earmarked for Kagisano’s advances book, bringing its value to over ZAR 300 million (USD 39.1 million). It comes during a period of brisk growth for the company, which has been opening about three new outlets a month as it offers new products and its customer base becomes more affluent. According to CEO Eugene van Niekerk, demand for Kagisano’s products has remained strong in spite of a high interest-rate environment.
Black Investors PLC does not appear to have an Internet presence, and further information about the firm could not be ascertained. |
|
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