Tag: Microfinance138

Impact Companies Tag: Microfinance 83

All or A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Company

Acción Investments


United States

AIMCO acquired early participations in what became the leading MFIs in Latin America and still holds these participations. In 2007, the fund recapitalized these mature investees and invested in African MFIs created in partnership with Ecobank and Acción International. AIMCO shareholders are composed of prominent microfinance players seeking financial and social returns. Bamboo sits on board.

Financial Services: Advisory Services

Company

ACCION Microfinance Bank


Nigeria

Accion Microfinance Bank Limited was incorporated in May 2006 to carry on microfinance banking business and was granted an operating license by the Central Bank of Nigeria in April 2007. Accion commenced business operations in May 2007. Their management team comprises seasoned and distinguished professionals from diverse background and is ably complemented by the expertise of our technical partners ACCION International. At Accion Microfinance Bank we have our core values business philosophy and methodology that makes us standout as a leading Microfinance Bank in Nigeria.

Financial & Insurance activites

Company

ADRA


United States of America

ADRA Peru is one of the leading non governmental relief organizations in the world. It works with long term sustainable development projects in order to provide benefits to people in poverty extreme poverty and high social risk situations. It is part of the ADRA International Network operating in approximately 120 countries.rnrnADRA works in Peru since 1965 serving and caring for those in need promoting their integral development looking for a compromise through actions of mercy without regard to their ethnic political or religious association.

Financial & Insurance activites

Company

Africap


Mauritius

Africap invests across African companies serving unbanked MSMEs. The fund is managed by African investment professionals with experience in private equity and microfinance. Bamboo sits on the board.

Financial & Insurance activites

Company

Aldea Global


Nicaragua

Aldea Global is a first tier commercialization association that operates in the northern region of Nicaragua. It was founded in 1992 by farmers from the Chorotega indigenous community to promote sustainable agricultural practices that protect the environment and improve the quality of life of member producers. Today the association supports micro and small producers by facilitating access to credit technical assistance and commercialization services. Nearly half of Aldea Global s portfolio and members are concentrated in coffee while the remaining members and capital are invested in Malanga basic grains and other crops.

Agriculture, forestry & fishing

Company

Alternativa


Peru

Association Alternativa is a nonprofit organization that was founded in 1979 to provide integrated and sustainable human development services and strengthen democratic institutions in the coastal province of Lima Peru. The organization s lending program Alternativa Microfinance uses a group lending methodology to reach principally female entrepreneurs living in poor peri urban areas.

Financial & Insurance activites

Company

Apoyo Integral


El Salvador

Apoyo Integral is the leading conventional Microfinance Institution in El Salvador. It boasts a loan portfolio of around 70M USD and 40000 clients. Its shareholders consider a social impact strategy as a positive differentiating factor in what is an increasingly competitive market in financial terms emphasizing the positive correlation between social and financial returns. Its BOD endorses annual social objectives such as extending life and health insurance to about 70% of its client base Technical Assistance for construction for 70% of loans placed to clients for housing improvement or construction purposes and financial education seminaries to be given to at least to 2.2% of its client base.

Financial & Insurance activites

Company

Apoyo Integral Guatemala


Guatemala

Apoyo Integral Guatemala (AIG) is a smallfinancial rnintermediary created as a greenfield operation in rn2010 to serve micro and small growing enterprises rnin Guatemala.

Other

Company

Apoyo Integral Mexico


Mexico

Integral Mexico (formerly Semisol) is a microfinance institution with more than 8 years of experience in Chiapas (Southern Mexico). Most of Integral Mexico s 11000 clients belong to the bottom end of the pyramid and are served with solidarity loans. Integral Mexico is expanding its individual lending product and its presence into the interior highland of Chiapas.

Financial & Insurance activites

Company

Arariwa


Peru

Arariwa is a nonprofit microfinance institution (MFI) in Peru that is dedicated to helping underserved microentrepreneurs improve their livelihoods and quality of life. To accomplish its mission Arariwa works primarily with women many of whom are indigenous by providing them with high quality financial services coupled with education.

Financial & Insurance activites

Company

ARM Life


Nigeria

ARM Life is one of the leading insurance companies in Nigeria and offers a wide range of financial services, including life insurance, pensions and retirement planning. The partnership aims to grow ARM Life into the industry leader in life insurance in Nigeria, Africa’s most populous nation.

Other Access to Basic Services

Company

ASA International (ASAI)


Mauritius

ASA INTERNATIONAL (ASAI) was established in 2007 with the mission to establish Greenfield microfinance institutions in Asia and Africa. A large number of people with low income of those countries remain excluded from financial services as the mainstream banks or financial institutions do not consider them bankable. The main motto of ASA International is to offer apt financial services to the poor and the low income segment of the developing countries.ASA International strongly believes that sustainable and profitable business model can be created through focusing on the poor in a challenging operating environments. Since the inception it has been striving to spread of a highly efficient and scalable model of microfinance in addressing poverty. Currently the entities of ASAI render microfinance service to 1.5 million poor clients of 13 countries of Asia and Africa through 1177 branch offices.

Financial & Insurance activites

Company

awamo


Uganda

Awamo GmbH is a fintech startup with operations in Frankfurt/Main (Germany) and Kampala (Uganda). We offer a comprehensive mobile and easy to use microfinance management solution for microfinance institutions (MFIs) in emerging markets.Our microfinance management software is user friendly affordable and tailor made to the specific needs of MFIs. It features reliable biometric identification/authentication is fully designed for mobile use and completely digitizes all stages of credit risk and portfolio management for MFIs. It is cloud based secure and robust and boosts an MFIs productivity.

Financial & Insurance activites

Company

Bai Tushum & Partners


Kyrgyzstan

Bai Tushum & Partners (BT&P) is one of the leading provider of MSME financial services in Kyrgyzstan with a gross loan portfolio exceeding 55M USD serving more than 36000 clients. BT&P was established as a microfinance program in September 2000 through funding and support from USAID ACDI/VOCA and Caritas Switzerland. Over the past ten years the Company transformed from a registered microcredit agency to a licensed microfinance company and more recently to a deposit taking MFI. With a strong reputation in the market to comprehensively serve the missing middle the Company strives to continue to develop its client base through a diversified product offering and more recently through the provision of savings products. The Company also strives to protect and develop populations in rural areas assisting in development and support of entrepreneurs and farmers through the provision of facilitated access to financial services for the purpose of creating and retaining jobs improving quality of life.

Financial & Insurance activites

Company

Banco FIE


Bolivia

Banco FIE is the second largest microfinance institution in Bolivia with a loan portfolio of more than 500M USD serving 180000 clients and deriving a yearly ROE of 21.5%. The bank has been recognized several times by its peers and international organization such as the Inter American Development Bank (IDB) for its operational excellence and pushing the boundaries in order to incorporate excluded layers of the population in its clientele. Banco FIE is also the Bolivian Bank with the broadest branch network (over 140). Banco FIE is also launching a mobile money platform which should provide financial services to those who currently live without them in remote areas.

Financial & Insurance activites

Company

Banco Popular


Honduras

Banco Popular was born with the purpose of supporting micro small and medium enterprises because it plays a key role in job creation poverty reduction and economic growth of Honduran families and therefore of Honduras. Banco Popular serve the needs of working capital and fixed assets of these economic sectors in an agile personalized friendly and cordial.

Financial & Insurance activites

Company

Banco WWB Colombia


Colombia

Credit institution. WWB Colombia's main interest is to ease the access to credit for disadvantaged sectors.

Financial & Insurance activites

Company

Belstar Investment and Finance Private Limited


India

Belstar Investment and Finance is a highly developmental and socially oriented NBFC MFI working closely with Hand in Hand India (HiH) in achieving its vision of alleviating poverty through job creation and integrated community development. Belstar is a Non Deposit taking NBFC acquired by the Hand in Hand group in September 2008 to provide scalable microfinance services to entrepreneurs nurtured by Hand in Hand India's Self Help Group (SHG) Programme. Belstar has successfully transitioned to a profitable and high potential MFI (Microfinance Institution) with low credit risk.

Financial & Insurance activites

Company

Bicycles Against Poverty (BAP)


United States of America

Bicycles Against Poverty is based in northern Uganda. These bicycles will serve as a tool for income generating activities community cooperation and access to social services such as healthcare. Bicycle recipients make micropayments to BAP which thereby promotes responsibility over the bicycle microcredit management skills and allows BAP to work towards financial sustainability.

Human health & social work

Company

Bille


Bille is a special purpose enterprise managed by Crinale that is executing 1200 rnaffordable and standard houses.

Other

Company

Buen Power Peru


Peru

Buen Power Peru is driven by the needs of people in Peru and around the world. They hope to empower and inspire communities across Peru with solar energy technology. Their organization was formed by people who care about the world and the needs of others. The future depends on their to change for the good of all. They believe that solar power is the right to take at this time because it is a cheap renewable energy that is easy to use and available to everyone step. Their first office and current headquarters is located in Cusco Peru.

Financial & Insurance activites

Company

CFE Panama


Panama

CFE is a quasi start up Microfinance Institution ( MFI ) in Panama created by Desjardins Developpement International (the Canadian Cooperative Movement) and Colac the Confederation of Latin American Cooperatives. CFE Panama is run with the same CFE methodology and operating support that DID is successfully rolling out in Africa and Latin America and where BlueOrchard teamed up with DID in three countries already. After less than 2 years of operations CFE has an outstanding portfolio of 11M USD and 1700 clients serving with financial services the missing middle with loans typically ranging from 2000 15000 USD a segment that banks do not attend in Panama and that is larger than the typical microenterprise segment served by the NGOs. One of the strongest differentiating factors of the CFE methodology is the Client and Employee Share Ownership Plan whereby all shareholders agree to offering up to 20% of the MFI s equity to its clients and employees.

Financial & Insurance activites

Company

CHF Development Finance International


CHF Development Finance International LLC (CHF Holding) is a holding company sponsored by the US based NGO CHF International that owns and manages those of CHF International s more mature microfinance operations that have presented the best growth potential and that are well positioned for solid future growth. Currently the CHF Holding owns and manages two MFIs in Lebanon and Romania. Over the course of 2012 2014 the Company will take ownership and manage CHF International s operations in Jordan Iraq and Palestine. Through its presence in the region and emphasizing CHF International s extensive work in the Middle East the Company can seek to grow its diversified portfolio of microfinance operations in countries such as Tunisia and Egypt and potentially have first mover advantage when the Moroccan microfinance sector become amenable for new equity entrants.

Other

Company

COMIXMUL


Honduras

COMIXMUL is a Honduran savings and credit cooperative that was founded in 1986 by a group of 12 women in need of affordable working capital to run their small scale businesses. Today COMIXMUL remains true to its roots by providing access to credit and savings products for female microentrepreneurs.

Financial & Insurance activites

Company

Compartamos Banco


Mexico

Compartamos Banco is a Mexican bank and the largest microfinance bank in Latin America serving more than 2.5 million clients. The bank was founded in 1990 and is headquartered in Mexico City. The bank is engaged in the credit and insurance sectors.

Financial & Insurance activites

Company

CONSERVA


CONSERVA is a nonprofit microfinance institution (MFI) in Mexico that is committed to providing microentrepreneurs living in poverty with access to small working capital loans alongside basic health services. With a small average loan size and a group lending methodology CONSERVA targets predominantly women living in rural urban and peri urban areas.

Financial & Insurance activites

Company

CRECER


Bolivia (Plurinational State of)

CRECER is a Bolivian microfinance institution (MFI) that has been a pioneer in leveraging the credit platform to successfully provide integrated services sustainably and at scale. The organization uses a group lending methodology to reach the most marginalized populations providing them with access to credit education and health services. The organization serves principally women in rural and semi urban areas that often lack access to information that could help them pull themselves out of poverty. In turn CRECER capitalizes on monthly village bank meetings utilizing trained credit officers to provide education and refer clients to existing health and social services.

Financial & Insurance activites

Company

Credex


Mexico

Credex is a profit oriented microfinance institution dedicated to offering financial support for the economic and social development of those unserved by the traditional banking system. Credex targets low income borrowers through individual productive loans in the poor urban and semi urban areas and village banking in the rural areas of Mexico.

Financial & Insurance activites

Company

Crediflorida


Peru

Crediflorida is a rural savings and credit cooperative in the central coffee growing region of Peru that was founded in 2003 to meet the financing needs of its member producers. In the department of Chanchamayo where Crediflorida operates the soil climate and altitudes lend themselves to the cultivation of specialty coffees however coffee producers often lack the financial resources information and collective bargaining power needed to obtain certification and market their product.

Financial & Insurance activites

Company

EB-Accion (Ghana)


Ghana

Incorporated on the 4th of September 2006 EB ACCION Savings and Loans Company Ltd. (EASL) is a collaboration between four reputable institutions ECOBANK Transnational Incorporated (ETI) Ecobank Ghana Limited ACCION Investments S.P.C and International Finance Corporation (IFC).

Other

Company

EFC Tanzania


United Republic of Tanzania

EFC Tanzania Microfinance Bank Limited is a local bank with local and international shareholders and provides banking services to individuals and businesses in Tanzania. EFC provides transaction services as well as savings and loan facilities to micro and small entrepreneurs and to individuals. The bank is registered as a microfinance bank.

Financial & Insurance activites

Company

EFC Uganda


The purpose of the Entrepreneurs Financial Centre (EFC) Uganda is to provide increased access to specialized financial services for entrepreneurs while contributing to wealth creation, improvement of living conditions and development of the Ugandan Private sector. EFC Uganda, as its peers EFC Zambia and Tanzania, emphasizes local development through a collective ownership scheme.

Other

Company

EFC Zambia


Zambia

EFC Zambia (formerly PFSL) was founded by CARE Zambia supported by DFID in 1996. Incorporated in 2001 it was registered as a charitable institution and converted to an LLC in 2006 under new microfinance regulation. CARE and DID reached a partnership agreement to raise new capital and bring professional management and technology in 2008 to develop it into a commercially viable MFI.

Financial & Insurance activites

Company

ENLACE


United States of America

ENLACE began operations in El Salvador in 1993 and is a registered non profit in El Salvador and a 501(c)3 registered nonprofit in the state of California. ENLACE in El Salvador is a thriving organization that has grown exponentially and partners with over 80 local churches helping to serve thousands of people and hundreds of communities every year. Along with building a strong organization in El Salvador ENLACE has recently expanded to Nepal and has staff located in Kathmandu and Dang. Additionally over the last twenty years ENLACE staff members have worked in many countries in the Americas and Africa providing workshops and consulting in community development.

Financial & Insurance activites

Company

Esperanza


Dominican Republic

Fundacion Esperanza was founded in 1995 by David Valle former Seattle Mariners baseball player with a mission to free children and their families from poverty through initiatives that generate income education and health. To further its mission Esperanza employs an integrated development model that focuses on structural factors that keep individuals and communities in poverty. In other words Esperanza aims to improve the economic situations of impoverished families by providing access to credit savings business training and health services.

Financial & Insurance activites

Company

Espoir


Ecuador

Espoir is a microfinance institution (MFI) that provides microenterprise credit coupled with health and education services to under served populations throughout Ecuador. The organization s target demographic is principally female entrepreneurs served via the village bank methodology.

Financial & Insurance activites

Company

Express Life Insurance Company Ltd


Express Life Insurance Company Ltd focuses on serving low income people with affordable financial tools. The transaction was the largest private foreign direct investment in the history of Ghana s insurance industry. LeapFrog s capital and expert operational support will enable Express Life to achieve industry leadership in financial inclusion.

Other

Company

FASO


Netherlands

Goodwell Investments is an impact investment firm active in investment management in Africa and India and advisory services worldwide. Goodwell provides through its investment vehicles risk capital and hands on support to micro finance initiatives in India and West Africa. For advisory services Goodwell is active worldwide in sectors that combine demonstrable social and environmental impact with financial returns.

Other

Company

FDL


Nicaragua

FDL is a Nicaraguan nonprofit microfinance institution (MFI) that is committed to integrated service provision in rural areas where access to essential services is often limited. The organization began its activities in 1992 as part of the NITLAPAN research institute and became its own independent entity in 1997. While the organization s principal mission is to provide financial services to micro small and medium entrepreneurs it has continued to work closely with NITLAPAN to design innovative non financial products and services that meet the multifaceted needs of small producers.

Financial & Insurance activites

Company

FINAE


Mexico

FINAE is a Mexican financial institution providing loans to University level students from low and middle income households. The company has contracts with Mexico s top quality private universities and has designed several student loans tailored to the needs of its clientele. Education not only enhances the earning potential and quality of life of the student (and their family) but also fosters

Education

Company

FODEMI


Ecuador

FODEMI is a nonprofit microfinance institution (MFI) in Ecuador that provides microcredit coupled with basic education including financial literacy budgeting and women s empowerment. The organization provides small affordable working capital loans to microentrepreneurs living in both semi urban and rural areas. The organization targets predominantly women living below the national poverty line that have been historically excluded from traditional financial markets. FODEMI is able to reach these women through its group lending methodology which promotes solidarity discourages delinquency and eliminates the need for borrowers to own collateral.

Financial & Insurance activites

Company

FONDECO


Bolivia (Plurinational State o

FONDECO is a Bolivian microfinance institution (MFI) that provides financial products that meet the needs of smallholder farmers and agricultural producers many of whom are women. To do so FONDECO offers credit that is tailored to the harvest cycle allowing farmers to pay according to fluctuations in their cash flows.

Financial & Insurance activites

Company

Fonkoze


United States of America

Fonkoze is a family of three institutions that provide access to a range of financial educational and health services to marginalized and underserved members of Haitian society particularly women. Global Partnerships (GP) is working with the foundation arm of Fonkoze to develop an innovative health services delivery model that will provide its clients with affordable and accessible healthcare and education. GP has also financed the purchase of a vehicle for use in an awareness raising campaign that will help connect clients with affordable and efficient lighting.

Financial & Insurance activites

Company

Freedom from Hunger


United States of America

Founded in 1946 Freedom from Hunger has six decades of experience fighting world hunger and 25 years of experience developing and implementing sustainable self help methods to empower poor women. Their programs help women to manage and increase their assets protect the health of their families and enhance food security.

Financial & Insurance activites

Company

Friendship Bridge


United States of America

Friendship Bridge is a registered 501(c)(3) nonprofit organization that empowers impoverished Guatemalan women to create a better future for themselves their children and their communities through microfinance and education. Friendship Bridge works primarily with indigenous populations in rural areas where the rate of poverty in Guatemala is the highest. While illiteracy and poverty rates are staggering in these regions the women we work with are determined to create a change.

Financial & Insurance activites

Company

GloboKasNet


US

GLOBOKAS PERU SAC. GTV is a subsidiary of GlobokasNet LLC. based in Maryland USA It was founded in Peru in 2007 to extend the presence and coverage of financial and commercial entities nationwide.

Financial & Insurance activites

Company

GramaVidiyal Microfinance


India

GramaVidiyal Microfinance (Trichy and Chennai) is the largest and fastest growing microfinance institution in Tamil Nadu providing small loans to women without access to formal credit. GramaVidiyal has been dedicated to empowering women of the poorest families socially economically and politically through networking them into community institutions and through their efficient poverty alleviation and microfinance program.

Financial & Insurance activites

Company

Grameen Financial Services


India

Grameen Financial Services Pvt. Ltd. (GFSPL) is a registered non banking financial company actively engaged in the microfinance sector (NBFC MFI). We aim at the social and financial upliftment of the rural poor and low income households particularly women by providing them financial assistance and non financial services. The financial services include microcredit and microinsurance and non financial services include training education and awareness. They are inspired by the ideal of availing equal opportunities for and inclusive development of the rural and urban poor.

Financial & Insurance activites

Company

Greenlight Planet


United States of America

Greenlight Planet is a for profit social business that develops and manufactures honest reliable solar products designed to help people living off the electric grid.Greenlight Planet is owned and operated by engineers sales force experts and operations gurus who love to solve difficult problems that change our customers lives before our eyes. Our offices across the world are cultural melting pots of technological and grass roots innovation.

Energy

Company

hiveonline


Denmark

hiveonline is making the world a fairer place for the smallest and most disadvantaged of businesses using leading edge technology to leapfrog many of the barriers they've traditionally faced.hiveonline brings small businesses seamless financial administration paperless agreements and value transfer with a reputation system that scores them on behaviour and facts. We use non financial data such as phone records for customer validation taking away the risk and expense of borrowing for the world's most disadvantaged entrepreneurs. The reputation shows they can be trusted even with low volumes of commerce and is a better predictor of future behaviour than a credit history so they can demonstrate trust to lenders and customers without the need for bank records or formal ID levelling the field for smaller businesses. We offer local insurance and pensions alongside lending and marketplaces.Our blockchain and ML based tools support community collaboration and disintermediated financial ecosystems with fiat currency pegged interest bearing cryptocurrency that feels like cash but locks wealth into communities. This helps micro and small businesses work together more expanding commerce and the opportunity for peer to peer transactions while removing the need for exploitative middle men. Our blockchain supports distributed wealth taking away the need for banks and allowing communities to save without the risks of cash. Our community managers work closely with data scientists to create simple relevant Mobile interfaces that create familiarity for our customer groups. The automation and risk reduction allow us to slash the cost of lending from MFIs. We partner with NGOs for profits and MFIs to access existing distribution networks although we have the potential to disrupt the MFIs by removing inefficiency and risk we can also support them the biggest industry we're disrupting is corruption. Sofie Blakstad (CEO) is one of the world s leading banking transformation experts and together with Rob Allen CTO and Blockchain decided the future of finance for underserved and disadvantaged customers lies outside of the banking industry hence hiveonline was born. Our team speaks 13 languages and has an average age of 38 not your typical Fintech. We bring a wealth of experience both in leading and delivering global transformation and business build and in research and technology disciplines across the NGO and corporate world.

Information, communication & technology

Company

Husk Power Systems


India

Husk Power Systems (HPS) provides locally based (decentralized) low cost mini power plants and distribution solutions to electrify rural villages. The first HPS plant was established as an experiment in August 2007 in Tamkuha Champaran Bihar. The plant lit up Tamkuha which means fog of darkness for the first time in its history. HPS was formally incorporated in 2008 and is based in Patna Bihar India. HPS uses a biomass gasification based proprietary electricity generation process where it converts biomass waste such as rice husks into gas that powers a turbine to generate electricity. HPS distributes electricity directly to rural households and small businesses.

Energy

Company

Immersion


Pakistan

Building is a key element of what we do but we do a whole lot more! We put community needs at the heart of every project. We don t just build houses we develop communities. Using years of experience we create solutions to the severe housing shortage by uniquely combining quality physical infrastructure design and housing units with social infrastructure and services resulting in a visible and tangible new way of life for our customers.We are the only socially driven private sector business developing and implementing quality affordable housing solutions for ordinary hard working Pakistanis. Our goal is to create thriving communities in which people flourish and are proud to be a part of.

Other

Company

Joma Bakery Café


Viet Nam

Joma is a little slice of North American cafe culture transplanted into Southeast Asia driven by our goal to benefit every person who steps through their doors as well as the people and communities that lay outside them. They love to bring you delicious food and a killer cup of coffee but that s not all that drives us to get out of bed in the morning although the coffee does make our mornings run much more smoothly.

Other services

Company

Kingo


Guatemala

The company got started in 2013 with the acquisition of Quetsol a successful solar energy startup that had powered 4000 homes through a direct retail sales model in Guatemala. The assets acquired combined with Kingo's global vision proprietary tracking software algorithms for code distribution the new patent pending Kingo and a disruptive commercial strategy have put the business in the position to circumvent the financial barriers that were blocking potential customers from having electricity in their homes. The company aims to serve 1 billion people in off the grid areas around the world who need a Kingo in their homes as soon as possible.

Financial & Insurance activites

Company

Madura Microfinance


India

Madura is a highly efficient customer focused microfinance institution that serves economically active rural women in Tamil Nadu.

Financial & Insurance activites

Company

Mann Deshi


India

Mann Deshi has been empowering rural women and their families since 1996. Mann Deshi Mahila Sahakari Bank (Mann Deshi Bank) is a regulated cooperative bank run by and for women. Founded in 1997 it was India s first rural financial institution to receive a cooperative license from the Reserve Bank of India. Today Mann Deshi is the largest microfinance bank in Maharashtra with over 185000 clients. Mann Deshi Bank is a pioneer in the microfinance world of India offering its clients individual and group loans savings insurance and pension plans.

Real estate, design & building

Company

Mibanco


Mibanco was created in 1998 by taking over the financial operations of the NGO Accion Comunitaria del Peru (ACP) which had been working for the Peruvian micro entrepreneurs since over 33 years. Accion Comunitaria del Peru ProFund International Accion International Banco de Credito and Banco Wiese Sudameris and the Andean Development Coporation are Mibanco's funding partners.

Financial & Insurance activites

Company

MicroGraam


India

We enable rural individuals to obtain small loans for education, farming or business from urban professionals. For certain types of businesses, entrepreneurs can obtain funds in the form of profit-sharing investments rather than loans.

Financial Services: Microfinance

Company

MYC4


Denmark

MYC4 is an internet marketplace where you and investors from around the world can lend money directly to entrepreneurs who are doing business in Africa and create growth together with them. That means when the African business makes money as a result of your loan you can also make money. MYC4 is a business a business that creates growth growth created by you.

Financial & Insurance activites

Company

Opportunity International


United States of America

Opportunity International provides microfinance loans savings insurance and training to over five million people who are working their way out of poverty in the developing world. Clients in 22 countries use these financial services to start or expand a business provide for their families create jobs for their neighbors and build a safety net for the future. Opportunity International is working to end global poverty by creating/sustaining 20 million jobs by 2020. We believe that enabling individuals to create dignified and sustainable work is the foundation for transforming their lives their children s futures and their communities.Opportunity International was founded in 1971 by two visionary leaders who were inspired to take action by their experiences with people living in extreme poverty.

Financial & Insurance activites

Company

PAHEL LIvelihoods


India

'Pahel' is a social development organization working towards better healthcare and livelihoods opportunities for rural masses. The organization also has a keen focus on providing sustainable solutions for clean and green energy for average Indian households.

Company

Pamiga


France

PAMIGA (Participatory Microfinance Group for Africa) is an initiative of CIDR and leaders in African microfinance.Its mission is to contribute to unlock the economic potential in rural Africa by promoting the growth of existing financial intermediaries that serve rural areas.

Financial & Insurance activites

Company

PFSL


Zambia

PFSL is a Deposit Taking Microfinance Institution licensed and supervised by Bank of Zambia with a share capital of 4.5M USD serving a growing base of 2200 clients with a gross loan portfolio of 6.4M USD. Additionally PFSL has taken an important step to increase local ownership participation by introducing Client and Employee Share Ownership Plans. PFSL was founded by CARE Zambia supported by DFID in 1996. DiD manages the institution according to its Entrepreneurs Financial Center (EFC) Model that is based on the premise that MSMEs are essential to drive the engine of economic durable development and growth in developing countries. Pulse Financial Services Limited s (PFSL) mission is to increase peri urban and urban MSMEs' access to specialized financial services on a permanent basis while contributing to wealth creation improvement of living conditions and development of the Zambian private sector. PFSL's vision is to become the preferred Licensed Deposit Taking Microfinance solution for entrepreneurs in Zambia.

Other

Company

RevolutionCredit


United States of America

RevolutionCredit is a unique platform which allows consumers to watch short and entertaining financial literacy videos to demonstrate and improve their financial capabilities like a Traffic School for Credit. It allows financial institutions to identify more creditworthy customers extending access to a wider range of financial services at better prices.

Company

Satin Creditcare Network


India

Satin Creditcare Network Limited (SCNL) was formed in 1990 as a Non Banking Finance Company (NBFC) with the simple concept of providing individual loans to urban shopkeepers for tiny businesses. Since then the company has expanded and evolved into one of the leading microfinance institutions in India with its current geography in North wherein it is the largest MFI operating in the region as well as Central India. SCNL provides loans to both urban poor and rural poor to meet their productive requirements in starting new business or for growing an existing business.

Financial & Insurance activites

Company

Shriram


India

Shriram CCL which distributes low cost high quality financial services including insurance savings and investment products to low income Indians. Shriram CCL is a wholly owned subsidiary of Shriram Capital the overarching holding company of the group s financial entities. LeapFrog s support is enabling Shriram CCL to grow swiftly adding value to the business while reaching protecting and enabling 10 million people.

Financial & Insurance activites

Company

SICSA


Honduras

SICSA is a debt fund created to provide financing to MFIs in Central America prioritizing second and third tier MFIs. SICSA can operate in local currency in Guatemala Honduras Costa Rica and Dominican Republic. SICSA was sponsored by the Centro American Network Redcamif and receives strong support from its directors and shareholders through participation in credit committees and housing of its offices on their premises. SICSA s focus on tier two and tier three MFIs allows the company to cater to the financial needs of the most vulnerable segments of the population. Most of SICSA s clients are niche MFIs that have some of the deepest outreach in the sector attending very specific and targeted segments.

Financial & Insurance activites

Company

SKS Microfinance


India

SKS Microfinance (Hyderabad) is India’s largest microfinance institution lending to over 5 million women and is globally recognized as a leader in the industry. SKS believes that access to basic financial services can significantly augment economic opportunities for poor families and in turn help improve their lives. SKS is committed to creating a distribution network across under served sections of society in order to provide easy access to the full portfolio of micro-finance products and services. It also looks at using this network to add value to the lives of its members by providing quality goods and services that members need at less than market rates.

Financial Services: Community Lending

Company

Suryoday Micro Finance


India

Suryoday Micro Finance Pvt Ltd is a registered Non Banking Finance Company engaged in providing loans to women from Economically Weaker Sections Below Poverty Line and the Marginal Poor who do not have access to traditional banking with an objective to reduce poverty in its area of operation.

Financial & Insurance activites

Company

Svasti Microfinance


India

Svasti is an urban microfinance operation started in October 2008 to cater to the financial needs of the low income segment of society in Mumbai. Svasti started its operations by providing loans to Women Joint Liability Groups. It currently offers customised loan savings and insurance products. It aims to become a comprehensive financial service provider to the people in the target segment.

Financial & Insurance activites

Company

Swadhaar FinServe


India

SwadhaarFinServe (Mumbai) focuses on providing services to the economically active poor in the city of Mumbai and other urban areas.rnAs a pioneer in providing individual lending loans within the Indian context Swadhaar is proving that microcredit can be efficiently delivered even in the most desperate urban conditions. Mumbai has one of the largest populations of urban poor. Success here will reach millions of clients and create a new lending methodology applicable to other mega cities. Swadhaar FinServe was set up by the promoters of Swadhaar FinAccess its associate non profit company.

Financial & Insurance activites

Company

Tecnosol


Nicaragua

Tecnosol is one of the largest solar companies in Central America with 17 branch offices in Nicaragua and subsidiaries in Honduras Panama and El Salvador. They have strong brand recognition in the region and a reputation for offering high quality solar products. rnrnFounded in 1998 they have sold roughly 60000 solar home systems since inception. The majority of Tecnosol's sales are large solar home systems (50W ) sold to off grid low income households. Their distribution and sales network includes partnerships with microfinance institutions (MFI's) and youth entrepreneurs trained as solar microresellers and maintenance staff. Tecnosol consults with clients on the most appropriate solar solution given their energy needs sends installation technicians and offers warranties on all components.

Energy

Company

Triunfo Verde


Mexico

Finca Triunfo Verde is a member owned social enterprise located in the rural coffee growing region of Chiapas Mexico where over 70 percent of the population lives below the national poverty line. For thousands of farmers living in the area coffee is the principal agricultural activity and the only source of income. In turn Triunfo Verde looks to improve the living conditions of small farmers by providing tailored credit coupled with crop focused technical assistance certification support processing and access to specialty markets. The specific region where Triunfo Verde operates is a buffer zone for a U.N. designated biosphere containing many endangered and protected species. The members of Triunfo Verde are committed to organic farming not only because it yields higher prices but also because they are committed to protecting the biosphere.

Financial & Insurance activites

Company

Ujjivan Financial Services


India

Ujjivan, one of the largest microfinance institutions in the country has brought hope and smiles to thousands of urban poor. With gross managed assets of about Rs. 39,763 Million (as of 31st March, 2015) it was awarded by HSBC-Access as the 'Best Large Microfinance Institution in India' in 2011. Ujjivan operates primarily on a joint liability group lending model, an adaptation of the famed Grameen model of microfinance. In addition, it boasts of a cutting edge, yet cost effective technology infrastructure, which continues to be ahead of time in the microfinance industry.

Financial Services: Microfinance

Company

Utkarsh Microfinance


India

Utkarsh Micro Finance Private Limited is registered with Reserve Bank of India as Non Banking Finance Company MFI (NBFC MFI). Its registered office and corporate office is in Varanasi (Uttar Pradesh). It is started to provide financial and non financial services in its area of operations to the unbanked population who have the skill but are in need of capital. Initially it had started with credit under Joint Liability structure and insurance but subsequently it started Micro Enterprises Loan and Micro Pension. It also collaborated with Samutkarsh Welfare Society a section 25 company to provide Vocational Training and Market Linkages Green Energy (solar) Initiatives Health Initiatives and Financial Awareness training. It is committed to provide more products & services to bring transformation in the lives of underprivileged.

Financial & Insurance activites

Company

Vaatsalya Healthcare


India

Vaatsalya Healthcare is an award winning social enterprise focused on building a network of hospitals in Tier II and Tier III towns in India. While 70% of India s population lives in semi urban and rural areas majority of the healthcare facilities are in Urban areas and not accessible to these families. Vaatsalya is bridging this gap by building primary and secondary care hospitals in semi urban and rural areas.

Other

Company

VidaGas


United States of America

VidaGas sells LPG to rural customers in Mozambique most notably the Ministry of Health which uses the fuel to power vaccine refrigeration units. The company operates three filling/distribution stations in Pemba Nampula and Mocuba. With the ability to power rural vaccination refrigerators VidaGas is enabling a consistent supply of vaccines in rural Mozambique.We develop test implement and scale new systems technologies and programs that improve health outcomes by extending the reach and enhancing the quality of healthcare.

Human health & social work

Company

Vision Banco


Paraguay

Vision Banco is a solid and growing financial institution serving the financial needs of the micro small and medium enterprises in Paraguay. Vision operates as a regulated bank since 2008 and is considered the 6th largest bank in Paraguay and the top 1 in the microfinance segment. Vision holds the largest financial distribution network in the country (84 branches and 10 points of service) through which it serves a clientele of 300 000 clients with an array of credit savings and transactional services. Vision is the largest employer of the Paraguayan financial system and it has a strong commitment towards the well being of its employees which is translated into a highly committed team. Vision Banco counts with financial ratings from S&P (BB global credit rating) and Feller Rate (A financial soundness) and social ratings from Microfinanza (A ).

Financial & Insurance activites

Company

Vistaar Finance


India

Vistaar designs and delivers customized loan products that address the individual needs of small businesses in terms of loan amount and tenor. Vistaar targets the dominant livelihoods in specific markets, e.g. power looms/textiles, and creates financial products to address the specific needs of that industry. One of the company’s core strengths lies in its solid, experienced, and visionary leadership: Vistaar’s founders have more than 55 years of combined experience across commercial, agriculture and rural banking, technology, and operations.

Financial Services: Microfinance

Company

Vitas


United States of America

Vitas formerly CHF Development Finance International LLC (CHF Holding) is a holding company sponsored by the US based NGO CHF International that owns and manages mature microfinance operations that have presented the best growth potential and that are well positioned for solid future growth.

Financial & Insurance activites

Company

Vortex Engineering


India

Vortex Engineering Private Limited is an innovative and leading provider of Automated Teller Machines (ATMs) and associated services for banks. With the mission of helping banks reach out and having pioneered ATMs for deployment even in the most difficult and challenging environments Vortex also offers a suite of services for ATM management.

Information, communication & technology

Company

Xac Bank


Mongolia

Xac Bank is the fourth largest bank in Mongolia with a loan portfolio of 395M USD serving 298000 borrowers and savers clients and deriving a yearly ROE of 22%. Xac Bank has demonstrated its ability to adapt to a fast growing and fast changing economic environment in Mongolia on the back of a booming mining industry and has re focused its operations away from microfinance to SME consumer lending and mortgages. In order to manage the associated risk the bank has heavily invested in systems and human capabilities in order to serve the increasing need of underserved SMEs and urban as well as rural population. Xac Bank has also built an in house mobile platform currently under upgrade in order to better serve the needs of its customers. Xac Bank is actively involved in deploying government and developmental funds to provide easier access to low cost housing and environment friendly energy to the lower layers of the Mongolian population. Finally Xac bank is constantly providing non financial services to the community under the form of financial literacy programs and business support to its lowest income customers via association with NGOs.

Financial & Insurance activites

Company

Zidisha Inc.


United States of America

Zidisha is a Y Combinator nonprofit and the first loan crowdfunding platform for people in developing countries that connects people directly without going through local bank intermediaries. We've gotten the cost of loans down from over 35% at traditional loan crowdfunding platforms such as Kiva to just 5%. We did this by replacing local loan officers with a self governing eBay style peer to peer lending community.So far we've facilitated over 15000 loans between 20000 people worldwide with a repayment rate of 85 90%. Our lending volume has doubled in the past six months.

Financial & Insurance activites

COPYRIGHT 2019 IMPACTSPACE. ALL RIGHTS RESERVED.