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US firm acquires majority stake in SMEP Microfinance

Published: November 3, 2023

The acquisition will see NCCK’s majority stake diluted from 71 per cent to 34.8 per cent.

Source: the-star.co.ke

Related Topics:

United StatesNational TreasuryHope International IncHope Advancement IncMicrofinance BankNational Council Of Churches KenyaCompetition Authority Of KenyaCentral BankHope AdvancementMicrofinance ActCompetition AuthorityNational CouncilHope InternationalCentral Bank Of KenyaMajority StakeHope Advancement IncSmep MicrofinanceState Of Delaware9 The StarThe Star Business9 The Star NewspaperHe StarTar NewspaperHe Star KenyaEnya News

US entity buys majority stake in SMEP Microfinance for Sh586 million

Published: February 21, 2023

US faith-based nonprofit organisation, Hope International, to acquire 51 percent stake in the microfinance.

Source: businessdailyafrica.com

Related Topics:

Peter GreerNelson KuriaNational Council Of Churches KenyaMicrofinance BankCentral BankHope InternationalNational CouncilMicrofinance ActSmep Microfinance