Maquita Cushunchic Ltd Cooperative de Ahorro y Credit (Maquita) is active in the south of Ecuador’s capital, Quito, and primarily offers credit and savings facilities to women. The microfinance institution works closely together with other local organisations so it can help its clients in other ways, for example by offering access to healthcare services. Hivos-Triodos Fund has provided a loan to Maquita.
KEY INDICATORS Maquita at year-end 2012:
- number of loan clients: 7,114
- percentage female clients: 47%
- percentage rural clients: 0%
- average loan amount: EUR 2,174
- number of savings clients: 14,879
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.