Badoer Investment Limited founder Ricardo Badoer (left) receives the
share certificate from Hakika MFB board member Michael Kitulizo in
Arusha at the weekend. PHOTO | THE CITIZEN CORRESPONDENT
In Summary
- A Dubai-based billionaire, Mr Ricardo Badoer, has
made a major foray into Tanzania’s microfinance industry in his quest to
unleash its untapped potential.
- Mr Badoer, who is the
founder of Badoer Investments Limited, has pumped in over Sh2.2 billion
($1 million) into Arusha-based Hakika Microfinance Bank (Hakika MFB).
By The Citizen Reporter @TheCitizenTZ news@tz.nationmedia.comDubai-based billionaire Ricardo Badoer has made a major foray into Tanzania’s microfinance sector
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