Banco Solidario
Banco Solidario is a microfinance institution established in 1996 in Quito (Ecuador).
Amount
€ 77,220.00
Type of investment
Subsidy
Beneficiary locations
Investment field
Financial Institutions
Activity
Microfinance Institution
Banco Solidario was established in 1996, and its origins are linked to local NGO Fundación Alternativa. In 1998, Banco Solidario became part of the Acción International network of MFIs in Latin America. In October 2006, Ecuadorean bank Unibanco became its largest shareholder.
Banco Solidario’s headquarters are located in Quito, but the MFI is currently present in 12 provinces and has a total of 37 branches. In addition, and through agreements with other institutions, Banco Solidario has access to other 110 agencies.
The project
Support the development and rolling-out of a financial education module dedicated to over-indebteness, targeting Banco Solidario's clients in Ecuador.
View more of our investments in this region
Investment Companies & Funds
Fairtrade Access Fund
350,000.00
Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda
07/04/2020
Subsidy
Investment Companies & Funds
EcoEnterprises Partners III
6,208,300.00
Bolivia, Brazil, Colombia, Ecuador, Guatemala, Nicaragua, Paraguay, Peru
22/05/2019
Equity
Investment Companies & Funds
Fairtrade Access Fund
3,000,000.00
Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda
24/10/2019
Equity
