Investments

Beneficiaries of the Huruma Fund investment through the Microserfin project together with a member of Gawa Capital

MICROSERFIN

Fondo Huruma

31/01/2022

Microserfin, a leading microfinance institution that is part of the BBVA Microfinance Foundation, focuses on financial inclusion of the most vulnerable microentrepreneurs in Panama. The institution is in the process of refining and digitising the agricultural lending methodology, including a significant improvement in risk management.

Picture of a Panamanian farmer on her traditional poultry farm

CFE

Fondo Huruma

31/01/2022

Centro Financiero Empresarial (CFE) is one of the most inclusive MFIs in Panama. It provides financial products to MSMEs and entrepreneurs at the base of the economic pyramid. CFE has identified agricultural financing as the key to effectively fulfilling underserved farmers’ needs.

WAYCOOL

Fondo Huruma

28/01/2022

WayCool has a wide range of products across multiple channels, serves over 1,000 customers and works with over 85,000 farmers. With this investment, the Huruma Fund strengthens the company’s commitment to creating a more sustainable supply chain.

A group of women and members of Gawa Capital smiling after a meeting

PAHAL

Fondo Huruma

24/01/2022

Pahal is a Microfinance Institution (MFI) that provides loans to low-income households with a strong outreach to women and farmers. Launched in 2011, it is currently present in seven states of central India with a network of 201 branches and high penetration potential. It was selected by the Huruma Fund for its high penetration potential.

CRECER

Fondo Huruma

25/11/2021

Crecer is a Bolivian development finance institution with more than 20 years of experience that offers financial products to improve the quality of life of women and their families. It has more than 222,000 clients throughout the country, 19% of whom are farmers.

PRO MUJER

Ángel González

25/11/2021

Pro Mujer Bolivia, as part of the Pro Mujer microfinance network, has been serving low-income, self-employed women throughout the country for more than 30 years. Through community lending products, it supports and empowers women with small loans, health services and education.

ALTERNATIVA

Ángel González

24/11/2021

Alternativa was founded in 1992 with the objective of providing formal financing solutions to unbanked communities in remote areas of northern Peru. By April 2021, Alternativa was reaching 45,256 clients in six regions of the country with high levels of poverty.

NORANDINO

Fondo Huruma

21/06/2021

Norandino is a regulated savings & credit cooperative founded in 2005 under the initiative of 24 organized farmers from the coffee segment and 3 coffee cooperatives, under the motto “For farmers, by farmers”, which it continues to adhere to today.

INSOTEC

Fondo Huruma

20/05/2021

INSOTEC is a leading microfinance NGO with nearly 40 years’ experience and family business roots, working to reach the most vulnerable population and smallholder farmers in Ecuador.

Faces, Fundación de Apoyo Comunitario y Social de Ecuador

FACES

Fondo Huruma

20/05/2021

Fundación de Apoyo Comunitario y Social del Ecuador (FACES) is one of the largest microfinance institutions (NGO) in Ecuador, with the mission to contribute to the fight against poverty and unemployment in Ecuador by supporting microentrepreneurs with financial and technical resources.