Fundación Génesis Empresarial
The non-profit, private financial organisation Fundación Génesis Empresarial (Génesis) has been reaching out of Guatemala’s microenterprise community for the past twenty years. In that time they have grown into one of Guatemala’s largest provider of microfinance services. Their focus on women entrepreneurs, the lower end of the market, and their ability to reach out to individuals in more rural areas through their extensive network of 54 branches covering all of Guatemala’s regions make Génesis an interesting client for Hivos-Triodos Fund and Triodos Doen. One of Génesis’ projects is a partnership between Génesis and the Ministry of Health that would allow Génesis to provide vaccination services to their clients.
KEY INDICATORS Fundación Génesis Empresarial at year-end 2012:
- number of loan clients: 169,494
- percentage female clients: 64%
- percentage rural clients: 89%
- average loan amount: EUR 424
- 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.