Source: Liquid Africa

Choice Microfinance Bank: Shareholders clear strategic investor to inject Sh70m into Choice MFB

Diaspora-backed Choice MFB shareholders have ceded major stake to an unnamed strategic investor as the loss-making micro financier seeks fresh capital to finance expansion and boost lending capacity. A notice by the lender said the unnamed investor had received shareholders' nod at the firm's special general meeting held in Rongai last Saturday. The entry of [...]

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Est. Annual Revenue
$100K-5.0M
Est. Employees
1-25
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