Active Microfinance Institutions in Latin America and the Caribbean
- ACCION Communitaria del Peru (ACP) - This group provides financial services to microbusinesses.
Av. Republica de Chile No. 683-Jesus Maria
- ACODEP, Nicaragua - ACODEP facilitates access to financial services for owners of small businesses. It encourages voluntary savings for its clients, and it provides voluntary training and education programs in marketing, accounting, sales, and human resources.
Contiguo a Ferreteria Gallo y Villa Sur
- ACTUAR/Tolima, Colombia - ACTUAR supports lower income, self employed individuals in order to increase their earnings and improve their quality of life. They require all of their clients to save in a solidarity group fund. They also require solidarity group training.
Carrera 5 31-42
- ADMIC National, A.C., Mexico - ADMIC strengthens microbusinesses through job creation and fortification of earning power. They offer a variety of training programs.
Trevino 415 Pte., Edificio Bisa Planta Baja
Monterrey, N.L.C.P., 64000
- Agencia de Desarollo Economico Local de Morazan, El Salvador - This agency creates efficient, sustainable, and permanent financing for micro and small businesses in urban and rural Morazan. They require that all clients attend business development training. They also offer training in accounting.
Barrio Las Flores, Calle Al Cementerio
Contiguo al Centa
San Francisco Gotera, Morazan
Asociacion Benefica PRISMA, Peru - It improves the availablitity of food sources and access to an adequate quantity and quality of food in areas of extreme poverty in Peru.
Carols Gonzales 251- San Miguel
- Asociacion Cultural Sejekto de Costa Rica - This association aids in the development of the indigenous communities of Costa Rica. All of their first time borrowers are below the national poverty ligne. The association does not have an obligatory savings requirement, but it encourages savings for housing. The board of directors is composed of indigenous people.
800 Mts. N. Supermarcado la Cosedra
- Asociacion Dominicana Para le Desarollo de la Mujer, Dominican Republic - This association improves the livelihood of women and their families through credit and training. They require all clients to complete financial training before loan disbursal. Training is also available in management. All clients are women, and they are members of the board of directors.
Heriberto Pieter No. 12, Ens. Naco
- Asociacion de Mujeres Campesinas Salvadorenas, El Salvador - This association gives credit to rural women in Ahuachapan. It requires that all of their clients attend training in the use and management of credit, loans, marketing, and microbusiness management. Training is also available in human relations and self esteem.
Avenida Francisco Menendez Sur 1-2
- IDESI is a association designed to administer credit on an individual or group model. Training is available in business management, marketing, and finance. Each IDESI region has its own Board of Directors; at least one borrower sits on each board.
Las Perdices No. 122
- Asociacion Salvadorena Pro Salud Rural (ASAPROSAR), El Salvador - ASAPROSAR incorporates women into sustainable economic and social development through business. Almost all of their first time borrowers are below the national poverty line. They require thatt all clients save in a solidarity guarantee fund, and that clients attend training in human development and business management. Workshops are available for microentrepreneurs to share their real experiences with other microentrepreneurs.
Kil. 62 1/2 Carretera Panamerica
Colonia El Mora
Santa Ana, A.P. 52
- Asociacion Tu, Mujer, Dominican Republic - This association contributes to the development of microentrepreneurs. It does not have an obligatory savings requirement, but voluntary savings are encouraged. Training regarding microenterprises is also available.
Calle Pedro Benoit No. 49
Vietnam, Los Minas
- Associacao de Dirigentes de Empresas do Mercado Imobiliario (ADEMI), Dominican Republic - This association contributes to the creation and strengthening of jobs in the small and micro business sector. ADEMI does not have an obligatory savings requirement, but voluntary savings are encouraged. Training is available through public and private universities.
Ave. Pedro Livio Cedeno 49
- Banco Solidario (Banco Sol), Bolivia- This bank provides financial services to microentrepreneurs in Bolivia.
Calle Nicolas Acosta 289 Plaza San Pedro
PO Box 13176, La Paz
- Canadian Co-operative Association, Costa Rica - This Costa Rican program provides leadership and support to member organizations in maintaining and enhancing a cooperative presence in Canada, which contributes to improving the quality of life in all regions of the country and abroad. All borrowers are members of a credit union which is a member owned and democratically operated financial cooperative.
International Affairs Department
275 Bank St., Suite 400
Ottawa, Ontario K2P 2L6
- Centro ACCION Microempresarial, Colombia -
Carrera 34, No. 91-23
- Centro de Apoyo a la Microempresa, El Salvador - This center diminishes poverty in El Salvador by providing financial support, empowerment, and technical assistance to families with limited economic resources, who own small businesses or wish to start one. They require all clients to open a savings account within their communal bank.
85 Av. Nte y 15 C. Pte.
No. 4238 Col. Escalon S.S.
- Centro Dominicano de Desarollo, Dominican Republic (CDD) - This center develops and strengthens the microenterprise sector. CDD requires all clients to open a savings account. Training is available in business and technical assistance.
Central #15B Urbanizacion
Maribel de Herrera
- Centro de Fomento a Iniciativas Economicas (FIE), Bolivia - This group offers services that foster the development of small and micro businesses for people with scarce resources. FIE does not have an obligatory savings requirement.
Calle General Gonzales No. 1272
La Paz, 7524
- Centro de Participacion Popular, Uruguay - This small center has a credit program that is based on a graoup and individual lending program.
Soriano 826 of. 4
- Comite de Integracion y Reconstruccion para El Salvador (CIRES), El Salvador - CIRES is a small commitee that gives credit in the San Salvador area. They require that all clients save in a basic permanent fund.
12 C. pte. y 41 Av. Sur. No. 2137
Col Flor Blanca
San Salvador, A.P. 1824
- Consorcio de ONGs que Apoyan a la Pequena y Micro (COPEME), Peru - COPEME hopes to increase the coverage and impact of their group to serve 100,000 families by 2005. Their primary target group for first time borrowers are those people below the national poverty line.
Leon Velarde 333 Lince
- Cooperacion para el Desarollo Rural de Occidente (CDRO), Guatemala - CDRO provides an organizational structure for creating local financial systems in the community. They require that all clients attend training in village bank methodology and credit management. A voluntary savings program, and training in financial analysis and accounting practices is also available.
Paraje Tierra Blanca
Cooperativa Nacional de Ahorro y Credito (COFAC), Uruguay - COFAC attends to the needs of people of low and middle income levels. COFAC requires all clients to save in a housing fund. Various training and education programs are available.
- Coordinadore de Asociaciones de Desarollo Integral del Sur Occidente (CADISOGUA) - CADISOGUA strengthens popular organizations as a means of improving the quality of life of rural Guatemalan highlanders. They require all clients to save 12% of each loan. All borrowers must also attend training in business plan writing, credit management, and banking methodology. Training is also available in financial analysis and accounting practices.
7 Avenida 9-34, zona 1
- CorpoMicro/Asomicro, Ecuador - This group provides guarantee funds and microcredit lending. In addition to loans for self employment, working capital and fixed asset loans are also available. Training is available in accounting and cash flow.
Yanez Pinzon #511 Y Av. Orellana Edie
Coneisa 6to Piso
- Corporacion de Promocion para la Pequena Empresa (PROPRESA), Chile - PROPRESA focuses on improving the quality of life of the poorest sectors of society by strengthening their ability to create and begin new jobs. They require all clients with loans over US$1000 to attend training in business management.
- Corporacion de Proyectos Comunales de El Salvador (PROCOMES), El Salvador - PROCOMES contributes to sustainable human develpment through community organizing, training, and credit. They require all clients to open a savings account and complete training before loan disbursal. Borrowers are members of the board of directors.
Ciudad Satelite, Calle Jupiter
- Credisol, Peru - All first time borrowers of Credisol are below the national poverty line. The credit program of Credisol is based on a lending model of individual and solidarity groups.
Av. Ejercito Nro. 303
- Credito con Educacion Rural (CRECER), Bolivia - The primary goal of this group is to provide financial and educational services, primarily to women. These services focus on enhancing the food security and well-being of the family. CRECER requires that all clients save 10% of the total amount of their loan. Training in microenterprise development, village banking management, health, nutrition, and family planning is required.
Avenida 6 de Agosto No. 2460
PO Box 13748
- Diocese of Latacunga, Ecuador - This group improves the living standards of the poorest families of Cotopaxi. They require all clients to save at least 12 percent of the amount of their loan. Training in maternal-child health practices, such as monitoring growth, vaccinations, diarrheal and respiratory infections, is obligatory for all clients. All community members must attend community meetings. Any borrower may become a member of the community board through an election process. All of the borrowers are women.
Sanchez de Orellana 7063 and General Maldonado St.
Latacunga, Cotopaxi 339
- Finaciera Calpia, S.A., El Salvador - This finance group facilitates the integration of the social and economic sectors into the formal financial system, placing special emphasis on the rural and urban microenterprise sector.
37 Avenida Sur No.2
Col. Flor Blanca
- FinComun, Servicios Financieros Comunitarios, Mexico - This financial services group gives credit to the area of suburban Mexico City. Clients are encouraged to open savings accounts, and they also have access to training in microbusiness marketing and cost control.
Avenida Coyoacan, 1843
Col. del Valle, Mexico City, 03100
- FINCA Ecuador - FINCA supports the socioeconomic development of poor families through credit and technical assistance to communal banks formed by microbusiness women. They do not have an obligatory savings requirement, but each client is issued a savings account. Training and education programs are available to all clients. All FINCA borrowers are women.
10 de Agosto 5070 y N.N.U.U.
FINCA Honduras - FINCA pledges itself to improving the quality of life of people with limited economic resources. They require that borrowers attend training courses in small business administration, and that borrowers save at least 20% of each loan. Various forms of technical training are also available.
Col. Ruben Dario
Cuadra y Media Arriba de Ashonplafa
C-2316, Tegucigalpa, D.C. 2128
- FINCA Nicaragua - FINCA provides development assistance to extremely poor women. It requires all clients to save 20% of each loan. There is obligatory training in small business management. Voluntary family planning education is also available.
De la Shell Plaza el Sol 1c Sur
1c abajo casa #111 Los Robles, Managua
- FINCA Peru - FINCA's mission is to contribute to the development of women through training and savings. Almost all borrowers are women, and all first time borrowers are below the national poverty line. FINCA requires that all clients save 20% of each loan. They require a four week pre-credit training program as well as continous training for communal bank administration.
Domingo Casanova 151-Lince
- FINCA Republica Dominicana - FINCA implements and develops community banks. They require all clients to save 20% of each loan. 100% of their borrowers are women.
Benigno F. Rojas #6, Zona Universitaria
Torre San FCO
- FONDECAP, Peru - FONDECAP incorporates clients into the financial market in better competitive condition through the development of a rural and urban credit program. FONDECAP is prohibited by law from maintaining a savings program. There is optional training in financial and business development.
Av. Lima 515, Vallecito
- FONDECAP-CUSCO, Peru - This organization builds markets in rural areas that will help clients develop their capacities. FONDECAP provides voluntary literacy training.
Calle Saphy 808
- Fondo Ecuatoriano Populorum Progressio - This foundation's objective is to free marginalized groups in rural Ecuador. They require all their clients, who are only women, to attend training in community businesses formation. 100% of their first time borrowers are in the bottom 50% of those living below the national poverty line.
Mallorca 427 Y Coruna
Quito, Pichincha 17-110-5202
- Fondo de Inversiones Para el Desarollo de la Microempresa (FIME), Dominican Republic - FIME facilitates access to credit services, training, and technical assistance in order to promote sustainable economic development and improve the living conditions of microentrepreneurs, their families, and communities. FIME requires all clients to save in a communal bank, and to complete training in management development.
Ave. San Martin No.11 3er piso
- Fundacion para el Apoyo a la Microempresa (FAMA), Nicaragua - FAMA reaches the poorest people through credit and training. Voluntary technical training and literacy programs are available to all clients.
De Montoya 3 1/2 cu. Abajo
PO Box 3695, Managua
- Fundacion Augusto C. Sandino (FACS), Nicaragua - FACS helps their borrowers become the beneficiaries of development. It does not have an obligatory savings requirement, but voluntary savings are encouraged. Clients are required to attend a course in basic credit management.
Semaforos TELCOR Villa Fontana
1 cuadra al Norte, 20 vrs. al Este.
Managua, A.P. 2458 Zona 5
- Fundacion Boliviana para le Desarollo de la Mujer (FUNBODEM), Bolivia - This foundation's objective is to improve the earning capacity of women and to develop their role in society. FUNBODEM only loans to women, and they require all clients to put their savings into guranteed deposits. Training is also available in business management.
Calle Republiquetas No. 70
- Fundacion Contigo, Chile - This organization supports microentrepreneurs with loans and training sessions. They require that all clients attend training in personal development, calculation of casts, and self evaluation. Courses in basic accounting are also available.
Huafo 3704 Pedro Aguire Cerda
- Fundacion Dominicana de Desarollo - This foundation improves the living conditions of poor families through financial training and technical assistance. Methods include increasing productivity, generating and strengthening employment, and protecting the environment. They also provide regular voluntary training for all clients.
Mercedes No.4, Zona Colonial
- Fundacion Ecuatoriana de Desarollo (FED) - FED promotes the development of microbusinesses in Ecuador, by providing financial services, training, medical assistance, and marketing. They require all borrowers to complete eight hours of administrative training prior to loan disbursal.
Calle 9 de Octubre, #1212
- Fundacion EMPRENDER, Argentina - This foundation offers both credit and business development training to all of its clients.
Sobremonte 2097-1er Piso, Virreyes
Buenos Aires, 1646
- Fundacion Integral Comunitaria, Mexico - This foundation promotes development alternatives for women with few resources. Its first time borrowers are all women that are living in the bottom 50% below the poverty line. It requires each client to save at least 20% of each loan. Each borrower must attend four weekly meetings before receiving her first loan.
Baluarte No. 12; Centro Cuantla, Morelos 627
- Fundacion Mario Santo Domingo, Colombia - This foundation targets only those borrowers that are in the bottom 50% of those living below the national poverty line. 100 percent of first-time borrowers are living at this level.
Carrera 45 No.34-01, Piso 2
- Fundacion MCCH, Coordinacion Fondo Solidario, Ecuador - This foundation promotes cooperative and solidarity savings within the community. They do not have an obligatory savings requirement, but clients are encouraged to save in a solidarity fund.
Frente Estadio del Aucas
Quito, Casilla 17-19010
- Fundacion Paraguaya de Cooperacion y Desarollo (FUPACODE) - This foundation gives credit to the poor living in central Paraguay.
Manuel Blinder No. 5589 e/Tte Espinoza
Bo. Los Laureles, Asuncion
- Fundacion para la Promocion y Desarollo de la Microempresa (PRODEM), Bolivia - also known as the The Foundation for the Development of the Microenterprise Sector. PRODEM is responsible for developing microcredit operations in urban and rural areas.
Almirante Grau No.625
- Fundacion REDES, EL Salvador - This foundation focuses on improving the quality of life of their borrowers. They require clients to attend training in loan administration, basic acounting, production, administration, and marketing. Literacy training is available, and voluntary savings is encouraged.
Calle Cerro Verde y Av. Tecana #3028
San Salvador, A.P. 2971
- Fundacion Salvadorena de Apoyo Integral (FUDAD), El Salvador - FUDAD assists the sectors of the population who do not have access to formal banks. They provide voluntary training in business assessment.
Calle Nueva No. 1, Casa No. 3733
San Salvador, 1773
- Fundacion Tazumal, El Salvador - This foundation contributes to the economic empowerment of thirty percent of the women in the rural areas of El Salvador.
Col. Malafa, Edificio B
Tercer Nivel #34, Bo. Santa Anita
- Fundacion Uruguaya de Ayuda y Asistencia a la Mujer - This foundation provides credit and counseling to microbusinesses. All of their clients are women, and all first time borrowers are below the national poverty line.
Wilson Ferreira Aldunate 1320, Of. 202
- Fundacion Uruguaya de Cooperacion y Desarollo Solidarios (FUNDASOL), Uruguay - FUNDASOL strengthens the development of small businesses through credit services. Voluntary training programs are available in business creation and development.
Bulevar Artigas 1119
- Fundacion WWB, Colombia - This foundation facilitates access to credit for low income women microentrepreneurs. It offers a program to promote the social and economic development of women heads of households.
Calle 16N No4N-83
- FUNDAP, Guatemala - FUNDAP improves the standard of living of microentrepreneurs by creating employment opportunities through credit and training. They require clients to attend pre-credit training on the responsibility of credit. Training is also available on administration and quality control.
15 Avenida 1-22, Zona 1
- FUNDFEM, Chile - FUNDFEM develops jobs for female-headed households through family-owned microbusinesses in impoverished rural areas. They require all of their clients to attend a training workshop.
Balmaceda 58 Mailoco
Casilla 10 Correo
- GENESIS Empresarial, Guatemala - This group offers credit assistance, training, and management counseling to promote micro and small businesses located in urban and marginalized areas of Guatemala. All clients must attend management counseling before and after receiving a loan.
5a. Avenidida A 13-51, Zona 9
Guatemala City, 01009
- INSOTEC, Ecuador - This group provides credit, as well as, general business training and other client services.
Juan Leon Mera 920 y Wilson
Quito, Pichincha 17-07-9228
- Institute of Private Enterprise Development (IPED), Guyana - IPED promotes the development and growth of micro and small businesses. All clients must save in an emergency fund. Managerial and technical training is mandatory for all clients.
Lot 254 South Rd., Bourda
- Mercy Corps International (Honduras Program) - This group helps the poor and oppressed build secure, productive, and just communities through increased access to economic opportunity and civil society. In addition to loans for self employment, housing loans are available. Mercy Corps requires that all clients attend an orientation to the loan process and program. Training is available in business administration, accounting, marketing, legal training, and textile production.
3030 SW First Ave.
Portland, OR 97210
- Microbank - This organization is committed to provide education, training and financial facilities to poor people willing to develop legal and autonomous micro-activities in Brazil. Microbank is a non profit organization working in Rio de Janeiro, Brazil, with a view to develop and implement a micro-banking concept focused on a social perspective, combining education, training and financing.
Rua do Ouvidor, 161/508- Centro
20.040-030- Rio de Janeiro- Brazil
- Mujeres en Desarollo Dominicana (MUDE), Dominican Republic - MUDE brings social and economic development to poor rural women to better their quality of life. 100% of the borrowers are women.
Leopoldo Navarro No. 61
Edif. San Rafael, #6 Piso
- National Research and Development Foundation, West Indies - This foundation provides loans, training, and consultancy services to micro and small entrepreneurs. In addition to loans for self-employment, housing loans are available. They require that clients attend training throughout their loan term. Training is also available in accounting and entrepreneurship.
P.O. Box 3067
La Clergy Castries, St. Lucia
- Peasant Movement of Papay (MPP), Haiti - MPP Haiti is a movement organized to combat the exploitation and dominantion of peasants. In addition to loans for self-employment, agricultural and emergency loans are also available. MMP Haiti requires that all clients save in a group savings account. Training in literacy and management of small business is available also. All first time borrowers are in the bottom 50% of those living below the national poverty line.
- The People-to-People Health Foundation, Inc. (Project Hope) - This foundation provides the opportunity for women to earn income that they can use to better the health of their families. This project is only accessible to women, and it serves the areas of Honduras and Ecuador. It requires that its clients save 10% of each loan. Health education is obligatory for all clients. Business education seminars are also available.
Millwood, VA 22646
- PROCOOFES, Panama - PROCOOFES establishes a sustainable rural financial system for the benefit of the poor. It requires all clients to save 5% of their original loan. Continuous training is available for borrowers.
Edif. Maglione, Planta Alta Ave.
Central y Calle 3era
Santiago, Zona 7 87-3938
- Programa Cardijn, Uruguay - This program supports microenterprises in order to lessen unemployment and its social consequences. It also offers various kinds of institutional development support.
18 de Julio 1825 Esc. 301
- Promotora para le Desarollo Comunal Salvadoreno (PRODECOSAL), El Salvador - PRODECOSAL gives credit to the area of central and western El Salvador. They require all clients to save in their community bank, and they also require training in adult literacy before and after loan disbursal. Training in human rights and legal counseling is also available.
Calle Constitucion, Pasaje Comdelacion #5/J
- Pro Mujer, Bolivia - Pro Mujer provides credit and training to Bolivian women. Pro Mujer requires all borrowers to save 10 to 20 percent of their original loan. Business skills training is required for all clients. Voluntary training is available in female development, family health, reproductive health, basic education, and leadership in organizations.
Av. 20 de Octubre #2668
La Paz, Murillo 7338
- Servicio y Desarollo (SEDES), Peru - SEDES supports the development of microbusinesses and strengthens the role of the family within the community. SEDES requires that all clients save in a guarantee fund. Credit training is required before each firsst loan. Voluntary training is available in strengthening the family and women's organizations in the community.
- Smallholder Crop Improvement & Marketing Project, West Indies - This project widens the opportunities open to farmers in developing their small businesses.
Kingstown Post Office
Kingstown, St. Vincent
- Universidad Don Bosco-Promipe (PROMIPE), El Salvador - PROMIPE gives credit in the area of San Salvador and Soyapango.
Ciudadela Don Bosco
Calle Plan del Pino
- Widar Empreendimentos para O Fluir Saudavel do Dinheiro, Brazil - This organization provides credit and consulting to individuals without bank credit, for social and ecological purposes. In addition to loans for self employment, educational loans for students are available.
Rua Joaquim Floriano, 871
7 andar-ojto. 71
Sao Paulo, SP-CEP 04534-013
- World Relief de Honduras - This relief group's objective is to provide credit and counseling to 20,000 Honduran women microentrepreneurs by 2001. All clients in this group are women. World Relief requires all clients to place 20% of their original loan into savings. Training is required for all clients in organization, personnel management, accounting, and group financing. Training is also available in reproductive health.
Apartadp Postal #3303