Banco Ademi is market leader in the Dominican microfinance market. Since its founding in 1983 the institution has developed in a specialised microfinance bank with a wide range of financial services covering the entire country by a network of 44 branches. In line with its mission the bank aims to keep a strong focus on low-income people. One of the new products it has recently introduced is an agricultural loan for small-scale farmers. Triodos Microfinance Fund and Triodos Fair Share Fund have provided a loan to Banco Ademi to realise further growth.
KEY INDICATORS as of 31 December 2014:
- number of loan clients: 217,425
- percentage female clients: 50%
- percentage rural clients: 5%
- average loan amount: EUR 1,010
- number of savings clients: 235,625
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.