OUR PURPOSE
15 years building dreams
15 years promoting opportunities to reduce poverty and inequalities in Latin America, strengthening entrepreneurs’ development and raising the welfare of households in vulnerability.
We have served over 6 million clients, disbursing USD 18,071 million which has enabled 60% of the entrepreneurs banking with us to escape poverty
Our footprint
POVERTY
32.6
Million people
28% of the population live in monetary poverty.
UNEMPLOYMENT
9.8%
Unemployment rate
FINANCING
37%
Adults excluded from the financial system.
People who require capital to make investments so that their businesses can grow.
In this context, entrepreneurship is a way to get ahead
Finance as a growth driver for microentrepreneurs
THE CHALLENGE WE FACE
Reducing gaps by creating development opportunities
Entrepreneurship and microfinance go hand in hand, forming a virtuous circle
Access to financing, training and support means gaps can be reduced because they promote entrepreneurship.
The entrepreneur’s efforts are rewarded by the steady growth of their business and investment in their welfare, because we must also pay attention to non-financial deprivations.
Inclusion of vulnerable people.
Progress through entrepreneurship, aiming for family well-being.
With provision adapted to each home.
Using an efficient and sustainable business model.
The abilities, skills and perseverance of the entrepreneur are key to success
To achieve stable outcomes, it is essential to continue accompanying them over time, in several dimensions simultaneously
THE SOLUTION
Our value offering
Over these 15 years, our value offering has evolved into a tailored package that helps to reduce these gaps, tackling the different dimensions that condition entrepreneurs’ performance.
BUSINESS
DEVELOPMENT
FINANCIAL
HEALTH
WELFARE
MICRO credits
918,900 clients
INCLUSION credits
For migrants, displaced persons and refugees95,809 clients
GREEN credits
4,038 clients
CLIMATE insurance
19,426 clients
SAVINGS products
2,624,500 clients
TRAINING
696,450 people
DAMAGE, FUNERAL, LIFE insurance
609,337 policies
HOUSING credits
Home improvement 35,710 clients
TRAINING credits
For the children 3,306 clients
DIGITAL connectivity
Digital connectivity in remote areas of Colombia and Peru 70 banking agents
HEALTH insurance and healthcare cover
208,656 policies
*All data from current clients or insured persons as of December 2022
** In financial health, all insurance policies, including climate and health, are presented
An offering with a distribution model that is efficient, high-touch, responsive, simple, and flexible, as we adapt to the needs of our clients.
613,813
Clients using digital channels
8,028
Employees
557
Branches & express service points
2,820
Own banking agents
105,244
Transaction points
A broad vision of sustainability that ensures inclusive and sustainable growth for clients and their families. Sustainability, together with environmental, social, and governance (ESG) indicators are embedded in our model.
