ProCredit Holding AG & Co. KGaA

Equity : December 2004

BIO has invested € 3 M in equity in Procredit Holding, which supports SME banks in Eastern Europe and Ecuador.

Amount

€ 3,000,000.00

Type of investment

Equity

Development impacts

  • Local economic growth
  • Financial inclusion

Beneficiary locations

Latin America and Caribbean: Ecuador

Investment field

Financial Institutions

Activity

MFI

Organisation

ProCredit Holding AG & Co. KGaA

ProCredit Holding is an investment company that supports SME banks in Eastern Europe and Ecuador. Its mission is to provide financial services to SMEs and low-income individuals which are excluded from the formal banking sector.

Development impacts

  • Local economic growth

    Procredit invests in local microfinance institutions. In addition, MFIs provide small local entrepreneurs with a stable and relatively cheap source of finance. The target sector is small and micro enterprises (maximum 10 persons employed).

  • Financial inclusion

    MFIs also offer other financial services to the local low-income population, such as the possibility of opening current accounts or term deposits, or making national and international payments. Around 180,000 clients currently use these services.

View more of our investments in this region

Local Currency Microfinance Fund II

Investment Companies & Funds

Local Currency Microfinance Fund II

  3,031,680.00

  Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru

  11/11/2013

  Equity

Local Currency Microfinance Fund II

Investment Companies & Funds

Local Currency Microfinance Fund II

  725,111.00

  Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru

  05/06/2014

  Debt

The Currency Exchange Fund n.v.

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The Currency Exchange Fund n.v.

  7,091,000.00

  Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia

  05/09/2007

  Equity

Hidronormandia

Infrastructure

Hidronormandia

  8,460,000.00

  Ecuador

  13/01/2017

  Debt

AgRIF Coöperatief U.A.

Investment Companies & Funds

AgRIF Coöperatief U.A.

  105,000.00

  Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal

  11/09/2018

  Subsidy

AgRIF Coöperatief U.A.

Investment Companies & Funds

AgRIF Coöperatief U.A.

  5,438,332.50

  Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal

  18/06/2015

  Equity

Productora Cartonera Procarsa & Surpapelcorp

Enterprises

Productora Cartonera Procarsa & Surpapelcorp

  7,121,232.00

  Ecuador

  16/10/2020

  Debt

Local Currency Microfinance Fund II

Investment Companies & Funds

Local Currency Microfinance Fund II

  113,688.00

  Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru

  25/06/2014

  Subsidy

Local Currency Microfinance Fund II

Investment Companies & Funds

Local Currency Microfinance Fund II

  143,535.00

  Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru

  28/01/2019

  Subsidy

Darby Latin American Private Debt Fund III

Investment Companies & Funds

Darby Latin American Private Debt Fund III

  8,570,582.00

  Brazil, Colombia, Dominican Republic, Ecuador, Peru

  01/08/2018

  Equity

Fairtrade Access Fund

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

Banco Solidario

Financial Institutions

Banco Solidario

  12,290.60

  Ecuador

  07/10/2019

  Subsidy

Banco Pichincha

Financial Institutions

Banco Pichincha

  13,254,016.72

  Ecuador

  09/06/2016

  Debt

EcoEnterprises Partners III

Investment Companies & Funds

EcoEnterprises Partners III

  6,208,300.00

  Bolivia, Brazil, Colombia, Ecuador, Guatemala, Nicaragua, Paraguay, Peru

  22/05/2019

  Equity

Fairtrade Access Fund

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

Hidrosierra

Infrastructure

Hidrosierra

  5,240,160.00

  Ecuador

  24/07/2019

  Debt

Banco D-Miro

Financial Institutions

Banco D-Miro

  4,372,500.00

  Ecuador

  14/10/2015

  Debt

Banco Visionfund Ecuador

Financial Institutions

Banco Visionfund Ecuador

  6,113,520.00

  Ecuador

  07/08/2019

  Debt

Banco Solidario

Financial Institutions

Banco Solidario

  8,338,200.00

  Ecuador

  27/06/2019

  Debt

Banco Solidario

Financial Institutions

Banco Solidario

  77,220.00

  Ecuador

  10/09/2012

  Subsidy

Banco Solidario

Financial Institutions

Banco Solidario

  5,987,000.00

  Ecuador

  15/05/2012

  Debt

Banco Guayaquil

Financial Institutions

Banco Guayaquil

  13,100,400.00

  Ecuador

  07/05/2019

  Debt