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FIE Gran Poder
Microfinance (Social)
FIE Gran Poder was founded in June 2001, in the midst of the Argentinean crisis, as an initiative of amongst others NGO FIE from Bolivia with the objective of transferring the extensive microfinance knowledge from Bolivia to Argentina. Since then, FIE Gran Poder has grown into one of the largest specialised microfinance institution in Argentina. Triodos-Doen has provided a loan in local currency to FIE Gran Poder, together with FMO and LocFund.
KEY INDICATORS FIE Gran Poder at year-end 2012:
- number of loan clients: 7,758
- percentage female clients: 60%
- percentage rural clients: 0%
- average loan amount: EUR 1,454
- number of savings clients: -
Microfinance
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.