Gentera considers trimming capital as microsavings develop

Gentera considers trimming capital as microsavings develop

Bonds Loans

Mexican financial holding company Gentera could lower its capital base as it advances plans to establish itself as a retail deposit-taker, its chairman and co-founder has told LatinFinance. Gentera, which owns Compartamos in Mexico and other micro-finance institutions in Latin America, has established a pilot program for small retail deposits under the Yastas brand, a complement to its microlending and microinsurance programs. If that is rolled out on a larger scale, Gentera may lower its capita

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