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Banco Compartamos Snapshot
1 OfficeLocations
In the world of microfinance, Banco Compartamos is a macro player. The company is Latin America's largest microfinance institution (MFI), offering very small loans to individuals or groups of primarily female entrepreneurs seeking to establish or build their small businesses. Most of its clients are women who do things like make rosaries, bake cakes, or sell fruit to earn money. Founded as a not-for-profit group in 1990, Banco Compartamos has since grown to have more than 300 offices around the country and has served more than 1.3 million clients. The company went public in 2007, making it the first MFI to do so. It now plans to expand into other Latin American nations.
