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Mexican micro lender Compartamos has its eyes on Guatemala market

Tuesday, April 26, 2011


Mexico-based Compartamos, aims to export its success in microfinance to Guatemala in coming months.

Patricio Diez, the bank’s financial director, said that Compartamos aims to achieve growth though broadening its base elsewhere in Latin America.

Compartamos recently announced its plans to acquire a majority stake in Peru’s Crear for $63 million.

Original source (in Spanish): El Periódico