CI Capital’s micro-financing arm raises EGP 884 mn in second securitization issuance
The three-tranche issuance had tenors ranging from 6-18 months
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The three-tranche issuance had tenors ranging from 6-18 months
The transaction marks Tasaheel’s third bond issuance as part of the program, which kicked off in January
There are currently 25 licensed microfinance firms and 30 licensed consumer finance firms in the country
We spoke with several key players in the consumer finance sector during this year’s Enterprise Finance Forum
The issuance is part of a wider EGP 5 bn, three-year securitization program
The acquisition comes just ahead of our fourth IMF loan program review in late September
Muhammad Yunus won the Nobel Peace Prize in 2006 for his work in microfinance
The company last week stepped into the Turkish market
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