Banco ADEMI
  • 231.8 million
    0.0
    159.7 million
    293.2 million
Mission:
ADEMI's mission is to create new jobs and to increase personal and family income by strengthening microenterprise in the Dominican Republic, mainly by giving loans and by providing technical assitance.
Background and Main Challenges: 
The Association for the Development of Microenterprise "ADEMI" was established by a group of Dominican businessmen in 1983 who donated the start-up capital, later receiving support in form of loans and grants from local government, USAID, IDB, GTZ , EIB and other commercial banks. It became ... Read more
Address: 
Av. Pedro Henríquez Ureña No. 78 La Esperilla
Santo Domingo
2887
Dominican Republic
Phone: 
(809) 683-0203
Fax: 
(809) 227-8584
Email: 
banco [dot] ademi [at] codetel [dot] net [dot] do
Products and Services: 
Loans
Voluntary Savings
Products: 
ADEMI based its methodology on a nontraditional model. The average loan size is under DR$ 30,000 (US$ 1,800 equivalent). The maximum amount to be lent to a microenterprise is US$ 35,000; the small and medium enterprise loans range from US$ 35,000 to US$ 300,000. For working capital the loans ... Read more
Services Provided: 
Other
% Operations Comprised by MF: 
91 - 100
Date established: 
Jan 1 1983
FYE: 
31-Dec
Regulated: 
yes

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Partnerships

Current
Name Relationship
ACCION Network Affiliation
Microfinanza Rating Rating
Oikocredit Funding
REDOMIF Network Affiliation
Triodos Fair Share Fund Funding
Triodos Microfinance Fund Funding
Former
Name Relationship
MFN Network Affiliation

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Gregorio Hernández
    Executive Director
    banco [dot] ademi [at] codetel [dot] net [dot] do
    (809) 683-0203 int. 267
  • Guillermo Rondon
    Presidente Ejecutivo
    grondon [at] bancoademi [dot] com [dot] do
    (809) 683-0203 x256
  • Lorena Jiménez
    Asistente Administrativa del Vicepresidente de Negocios
    ljimenez [at] bancoademi [dot] com [dot] do
    (809) 683-0203 int. 256
  • Manuel Arsenio Ureña
    President of the board
    (809) 683-0203 int. 267
  • Roberto Del Rosario Nuñez
    Director de Mercadeo & Desarrollo de Productos
    rrosario [at] bancoademi [dot] com [dot] do
    (809) 683-0203 ext 2630

References

Claude Anhalt