SOCREMO5

SOCREMO - Banco de Microfinanças de Moçambique

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Mission:
To provide - in a transparent, professional and sustainable way - financial services to low and middle income groups, with special focus on micro and small entrepeneurs.
Background and Main Challenges: 
Background:
Upgrading and transformation from a government run (Ministry of Labour) training and credit program into a comercial microfinance institution.
Challenge:
To built up considerable institutional strength
Address: 
Av. 24 de Julho 426
Maputo
Mozambique
Phone: 
++258 - 49 95 43
Fax: 
++258 - 49 90 29
Email: 
info [at] socremo [dot] com
Main Funding Sources: 
Grants
Loans
Shareholder Capital
Products and Services: 
Loans
Voluntary Savings
Products: 
Micro-Loans, Consumer-Loans, Current Accounts, Saving Accounts, Time Deposits
Looking for (Investment Types): 
Loans in Local Currency
Capacity Building Grants
Equity investments
% Operations Comprised by MF: 
91-100
Date established: 
Jan 1 1998
FYE: 
31-Dec
Regulated: 
yes

Partnerships

Former
Name Relationship
AccessHolding Funding
Current
Name Relationship
AMOMIF Network Affiliation
Dignity Fund, L.P. Funding
Triodos-Doen Foundation Funding

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Rui Seybert
    rui [dot] seybert [at] socremo [dot] com