Visión Banco is the first specialised microfinance bank in Paraguay. The bank offers a wide range of financial services and products, including credit lines for individuals and small and micro-enterprises, credit cards, dollar-denominated and local-currency savings accounts, foreign exchange, remittance management, and current accounts. The bank plans to further expand its branch network, also in more rural areas. Triodos Sustainable Finance Foundation, Triodos Fair Share Fund and Triodos Microfinance Fund have provided a syndicated loan to Visión Banco.
KEY INDICATORS Visión Banco at year-end 2013:
- number of loan clients: 275,808
- percentage female clients: 44%
- percentage rural clients: 2%
- average loan amount: EUR 1,770
- number of savings clients: 229,082
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.