Marang Financial Services - South Africa
In 2006 Hivos-Triodos Fund provided a loan to Marang Financial Services for the growth of its loan portfolio. Contrary to the purely commercial South African microfinance institutions that offer exclusively salary loans, Marang focuses predominantly on small-scale netrepreneurs in the townships. Marang strives for a further profesiiionalism and efficiency improvements in order to create a good basis for completely financial independence. By providing the loans, Hivos-Triodos Fund intends to support this ambition and to help Marang offer equal chances within the segmented society of South Africa.
