Mission:
ADMIC's mission is to assist microentrepreneurs to increase their income through providing financial services and technical assistance, thus reducing unemployment. 
Background and Main Challenges: 
ADMIC was established in 1980 in Monterrey by a group of business visionaries with technical assistance from ACCION. Their hope was to improve their community by promoting business development. In the second half of 1998, ADMIC launched a new microcredit program in 7 of its offices, directing ... Read more
Address: 
Edificio BISA, Treviño 415 Pte. Planta Baja
Monterrey, Nuevo León
64000
Mexico
Phone: 
(528) 374-6330
Fax: 
(528) 374-6313
Email: 
admic [at] admic [dot] org
Products and Services: 
Loans
Products: 
ADMIC offers individual and solidarity groups loans. Loans vary from US$50 to US$2,000. Loan terms are from 3 to six months with a 5% monthly interest rate. ADMIC's clients represent some of the poorest people in Mexico. Many clients are artisans, seamstresses and agricultural workers and almost ... Read more
Services Provided: 
Business Development Services
Looking for (Investment Types): 
Loans in Local Currency
Loans in US$
% Operations Comprised by MF: 
91 - 100
Date established: 
Jan 1 1980
FYE: 
31-Dec
Regulated: 
no

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Partnerships

Current
Name Relationship
ACCION Network Affiliation
ACCION International CAMEL Rating
Oikocredit Funding
Former
Name Relationship
Kiva Funding

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Ana Lidia Cantú Villanueva
    Financial Manager
    analidia [dot] cantu [at] admic [dot] org
    (528) 374-6205

References