Finsocial
Latin America
Region
104.4
Commitment (MNOK)
Active
Status
Finsocial is an unregulated financial institution that was started 10 years ago. Today the entity counts with 800 employees in 27 offices spread over 20+ provinces in Colombia. Finsocial began as an originator of salary discount loans strictly to public sector pensioners and teachers but since then Finsocial has increased its product offering to include product lines specifically oriented to building entrepreneurial efforts in low-income strata households through strategic alliances. The company has grown its loan portfolio consistently over time and now counts with a total loan portfolio of USDM 175.
Key information
- Sector:
- Financial Inclusion
- Commitment (MNOK):
- 104.4
- Year:
- 2022
- Region:
- Latin America
- Country:
- Colombia
- Domicile:
- Colombia
- Instrument:
- Loans
- Status:
- Active
- Mandate:
- Development
