Western Union sets foot in Owino

Date: Wednesday, October 27, 2004

IT was all smiles for St. Balikuddembe Market (Owino) traders when Western Union set up shop within their vicinity on Monday.

Commercial Micro Finance’s (CMF) board chairman, Patrick Bitature, said they are still targeting small-scale businesses, who need loans, but lack collateral security.

"We want to become a leading micro-finance provider and customer-driven commercial services provider," he said.

Bitature said last year, their growth rate was between 30% and 40%.

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