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Real People, a credit only micro-finance institution has launched a Sh2.5 billion, five-year public bond, the first tranche of Sh5 billion Medium Term Notes issue, to boost the company's lending capacity as demand for its credit facilities increases.
The bond offers both three and five year fixed and floating rate notes. Chief Executive Officer for East Africa Daniel Ohonde said positive market reception has been encouraging and demonstrates increased local investor confidence in the company's long-term value proposition.
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