KREDIT PLUS
Latin America
Region
82.7
Commitment (MNOK)
Active
Status
Kredit is a payroll and pension discount loan originator in Colombia. It was born in 2015, started by two former bankers, Juan Zambrano, and Ernesto de Castro (Currently, jointly 51% shareholding). In June 2020, Kredit strengthened its shareholder structure even further through the introduction of new shareholders (40% shareholding); the family group Grupo Daabon which counts with 2220 employees, and which has as its principal business lines, agriculture, industry and logistics and another single shareholder Sergio Espinosa Posada (9% shareholding).
Key information
- Sector:
- Financial Inclusion
- Commitment (MNOK):
- 82.7
- Year:
- 2023
- Region:
- Latin America
- Country:
- Colombia
- Domicile:
- Colombia
- Instrument:
- Loans
- Status:
- Active
- Mandate:
- Development
Additionality KREDIT PLUS
This investment is particularly additional on the following ambitions:
- investing in the most capital constrained markets
- investing in risky markets
- investing in sectors with high development needs
- investing in high risk markets
- Investing in high risk instruments
- targeting underserved segments
- taking an active role in investments
- improving social and environmental standards
