Crédito Amigo is since its start in 2003 active in microfinance. The organisation is mainly active in and around the cities Santa Cruz and Cochabamba. With the loan provided by Hivos-Triodos Fund Crédito Amigo can give access to financial services to an increasing number of micro-entrepreneurs.
KEY INDICATORS Crédito Amigo at year-end 2012:
- number of loan clients: 2,457
- percentage female clients: 71%
- percentage rural clients: 56%
- average loan amount: EUR 221
- 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.