To be the financial institution that is preferred by micro and small enterprise clients in the country, because of our recognized strength and the quality of our services, attracting investors committed to a development in Bolivia that is equitable and inclusive
Background and Main Challenges:
FIE is the result of the pioneering effort of FIE (Center for the Development of Economic Initiatives), a private non profit organization, founded in 1985 to support small productive economic activities of families and groups living in poverty and with limited access to formal sources of credit ... Read more
FIE is the result of the pioneering effort of FIE (Center for the Development of Economic Initiatives), a private non profit organization, founded in 1985 to support small productive economic activities of families and groups living in poverty and with limited access to formal sources of credit and skills training. In its second year of operations, FIE S.A. remains loyal to its service vocation of support of micro and small enterprises. As always, it is convinced of this sector's special capacity to employ important numbers of local labor and its significant role in providing goods and services for the needs of this country's popular markets. Hide
FIE offers short, medium and long term loans, through personal guarantees, mortgage and loans based on a lien on personal property. It also offers money remittances of its clients between the different cities where it operates and payments of utilities's bills. Furthermore, it accepts savings ... Read more
FIE offers short, medium and long term loans, through personal guarantees, mortgage and loans based on a lien on personal property. It also offers money remittances of its clients between the different cities where it operates and payments of utilities's bills. Furthermore, it accepts savings from the public in the form of time deposits,savings accounts, programmed savings products. Finally, it accepts loans form banking and financial entities, locally and internationally. FIE's main clients are microentrepreneurs, most of them, women. Hide
Consideramos que el principal producto que es el micro crédito tiene un diseño para los pobres, no tenemos requerimientos especificos de garantía, solo aseguramos capacidad de pago para evitar que los clientes se sobreendeuden
MFI Report
