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microcapital Tagged Articles
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Another Microfinance Institution (MFI) Closes in Uganda as Chaos Continues in the Sector
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| The Support Organisation for Micro Enterprises Development (SOMED), a microfinance firm in the Kibaale District of Uganda was shut down in December last year while police claim they are investigating allegations of extortion, embezzlement and fraud. The company had been offering low-interest loans since 2004. |
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