Microfinance institution Crédito Amigo, founded in 2003, is mainly active in and around the cities Santa Cruz and Cochabamba. With the loan provided by Hivos-Triodos Fund Crédito Amigo can expand its services to a larger number of micro-entrepreneurs.
KEY INDICATORS Crédito Amigo at year-end 2013:
- number of loan clients: 753
- percentage female clients: 62%
- percentage rural clients: 0%
- average loan amount: EUR 243
- number of savings clients: -
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.