“WE ARE AN ECUADORIAN INSTITUTION that helps reduce poverty and improve the living conditions of less favored segments of the population by meeting their needs for high quality, innovative financial services. We reward the trust of our depositors, investors, shareholders, and collaborators with ... Read more
“WE ARE AN ECUADORIAN INSTITUTION that helps reduce poverty and improve the living conditions of less favored segments of the population by meeting their needs for high quality, innovative financial services. We reward the trust of our depositors, investors, shareholders, and collaborators with financial, social, and environmental profitability that is the result of competitive management by an upright, responsible, supportive, and enthusiastic team, whom adopt these principles as part of their life mission.” Hide
Background and Main Challenges:
Banco Solidario was created with the misssion of reducing poverty and the goal to be “THE LEADER offering financial services with quality and social mission”.
Among their main challenges are:
-To continue with a quality service and to keep improving it
-To keep the value of business in long ... Read more
Banco Solidario was created with the misssion of reducing poverty and the goal to be “THE LEADER offering financial services with quality and social mission”.
Among their main challenges are:
-To continue with a quality service and to keep improving it
-To keep the value of business in long term, with a profitable service, Autosustainability and able to offer high quality financial services focused to the poorest people
-To reduce the risks of credit and to keep aceptable statistics of default and risk
-To strenghthen the managment with a social, environmental and managerial responsibility Hide
Banco Solidario's main clients are urban and rural microenterpreneurs, small businesses and individuals from low socioeconomic segments facing difficulties or restraints to access the traditional financial system.
MFI Report
