Ecuador - Banco Solidario

Banco Solidario

Banco Solidario in Ecuador distinguishes itself by the many types of finance it offers to low-income groups. The bank’s philosophy is to provide people who usually don’t have access to conventional bank with the same financial services as the higher income groups. The bank has 875 employees and 20 branch offices in the Andes and the harbour city Guyaquil. In 2005 Triodos Fair Share Fund provided two loans to Banco Solidario, of which one in syndicate with Triodos-Doen and Hivos-Triodos Fund. 

For more information on this organisation visit www.banco-solidario.com

 

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First investment of the Ampere Equity Fund
9 April 2008 - Participation in largest onshore wind farm in the Netherlands.
Triodos Bank announces strong growth, of 23%, in 2007
29 February 2008 - The bank’s net profit rose by 46% to EUR 9 million. Earnings per share rose by 13%, to EUR 3.85.
Triodos Bank launches Sustainable Trade Fund
22 February 2008 - Impulse for export of organic and Fair Trade products from developing countries to Western markets.