Portfolio Organizations

MCE has issued over $150 million in loans to over 100 organizations generating economic opportunities in more than 45 countries since 2006. Learn more below!

Featured Companies
Sunfunder

Sunfunder

image descriptionTanzania

Sunfunder, a solar finance company based in San Francisco and Tanzania, unlocks capital for solar energy in emerging markets and improves the lives of those living without reliable access to electricity. As a result of their work, over 2.5 million people now have clean and reliable energy access, replacing kerosene and diesel.
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Vision Fund Lanka

Vision Fund Lanka

image descriptionSri Lanka

Vision Fund Lanka (VF Lanka) focuses primarily on providing microfinance loans to people living in rural areas of Sri Lanka, especially women, through a group lending methodology. Since its conversion to an LLC in 2012, VF Lanka has made it a priority to strengthen management capabilities, reduce operating costs, improve efficiency, and source funding at market rates.
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Fonkoze

Fonkoze

image descriptionHaiti

The mission of Fonkoze is to build the economic foundations for democracy by providing poor women in rural areas with access to financial services and business education.
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StarShea Ghana

StarShea Ghana

image descriptionGhana

In September 2014, MCE made a working capital loan to StarShea Ltd., a social business that connects women who produce Shea nuts in the northern region of Ghana with financial support, business training, and access to international markets. StarShea works with the Star Shea Network (SSN) to support over 10,000 women in Ghana who rely on Shea for their livelihood (out of 600,000 across Ghana).
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Komaza

Komaza

image descriptionKenya

Komaza is a US-based forestry social enterprise operating in the Ganze District of Kenya’s Coast Province that aims to create sustainable economic opportunities for farmers living in Africa’s semi-arid regions.
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Venture South

Venture South

image descriptionPhilippines

Ngosyon Pinoy Finance Corporation (NPFC), also known as Venture South, is a Small and Medium Finance Institution (SMFI) that lends primarily to Small and Medium Sized Enterprises (SMEs). Venture South is financing the “missing middle" and generating jobs for the unemployed and underemployed excluded from the formal labor market.
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Pro Mujer Peru

Pro Mujer Peru

image descriptionPeru

Pro Mujer Peru is a microfinance institution helping women access financial services, healthcare, and education.
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Transcapital

Transcapital

image descriptionMongolia

Transcapital is a small microfinance institution operating in the poor suburbs (the “ger” districts) on the outskirts of Ulaanbaatar, the capital of Mongolia.
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EDESA

EDESA

image descriptionCosta Rica

Empresa para el Desarrollo (EDESA) is a non-bank financial institution that delivers financial services to innovative Community Credit Organizations (CCOs) in rural areas.
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Salone Microfinance Trust

Salone Microfinance Trust

image descriptionSierra Leone

Salone Microfinance Trust (SMT) is a non-profit organization, founded by ChildFund International in Sierra Leone, whose mission is to “reduce poverty among the economically active poor by providing sustainable access to financial services."
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FinDev

Azerbaijan
  • MFI
  • Rural
  • Other
Offering individual business, consumer, and agricultural loans.

FinDev (Finance for Development LLC) is a non-bank financial institution that was started in 1997 by Oxfam Great Britain with one office in the central region of Azerbaijan. FinDev has a strong reputation in Azerbaijan and was one of the first Azeri MFIs to get a credit rating. FinDev originally offered a group loan product and, in 2006, it also launched individual business, consumer, and agricultural loans. As of 2014, FinDev operates three branches, serving over 3,700 clients with a $2.32 million loan portfolio. FinDev ranks #10 in number of clients and #11 in portfolio size. Visit FinDev’s website.

 

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Manuela Ramos CrediMujer

Peru
  • MFI
  • Women
Focusing on women's empowerment and gender equality.

Manuela Ramos CrediMujer is the microfinance program of Movimiento Manuela Ramos (“MMR”), a Peruvian non-profit focused on women’s empowerment and gender equality. As of 2014, the MFI serves over 20,000 women with a portfolio exceeding $7 million. MMR, focuses on four major development areas, including a woman’s right to a life without violence, reproductive rights, political participation, and economic rights. CrediMujer prides itself on employing women: the entire staff is women (with the exception of two) and all loan officers are women. Visit Manuela Ramos CrediMujer’s website.

CLIENT SPOTLIGHT

Señora Mirinda, the oldest member of her village bank, is working toward her goal of paving the rest of her house and adding a roof to the kitchen area. She purchased the phone using a loan from CrediMUJER and charges a fee to anyone who wants to use it. No one else in her town has a phone line, so her services are in high demand.

 

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Fundación Alternativa

Ecuador
  • MFI
  • Women
  • Rural
Providing financial access to rural and peri-urban areas.

Alternativa is a strong, medium-sized microfinance institution (MFI) in Ecuador, providing financial inclusion to the rural and peri-urban areas of Ecuador, a market still underdeveloped and generally not addressed by the larger MFIs. Its strategic goals for 2014 include opening four new offices in peri-urban areas and designing a specific product and set of policies around a specialized agriculture product. This will deepen Alternativa’s ability to provide needed products in rural areas. In addition, Alternativa continues with health brigades and business trainings despite a recent change in legislation that prohibits them from charging for such services.  Visit Fundación Alternativa’s website.

MCE and Freedom from Hunger, a development organization specializing in health programs, are aiming to help MFIs in Ecuador deliver integrated debt financing and technical health assistance to 20,000 of their clients, many of whom live well below the country’s poverty line. MCE is piloting this initiative with Alternativa starting fall 2014.

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FINCA Kosovo

Kosovo
  • MFI
  • Rural
Providing microfinance loans for business, agriculture, home improvement, and life improvement.

FINCA Kosovo aims to be the leading provider of microfinance services throughout Kosovo – including loans and other financial services allowed by local laws for MFIs, with a strong focus on its core clientele of low-income populations. FINCA Kosovo was founded by FINCA (Foundation for International Community Assistance) International, an international NGO that brings strong financial backing, excellence in corporate governance, as well as a commitment to the social mission of improving living standards in marginalized communities through effective financial services. After sixteen years of operations in Kosovo, FINCA today offers four core loan products: business, agriculture, home improvement, and life improvement loans, reaching most provinces of Kosovo. Visit FINCA Kosovo’s website.

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Crystal

Georgia
  • MFI
  • Other
Serving Internally Displaced Persons through business improvement loans and training.

Crystal is a non-bank financial institution serving Internally Displaced Persons (IDPs) from the Abkhazia region of Georgia. As of 2014, Crystal operates from five regional branches and 11 service centers. Crystal’s head office is in western Georgia, which was the most affected region during 2008’s Russo-Georgian conflict and home to the majority of Georgia’s IDPs. The portfolio is focused on micro-businesses, with 75% by portfolio volume in working capital or business improvement loans, 17% in agriculture, 4% in housing loans, with the remainder of loans in small businesses and education. As of 2014, Crystal is the third largest MFI in Georgia and currently holds over 6% of portfolio market share. Visit Crystal’s website.

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Microfin Uruguay

Uruguay
  • MFI
  • Women
  • Rural
Providing financial services to micro and small enterprises.

Founded in 2007 by two Uruguayan businessmen, Microfin is one of the first institutions to provide financial services to micro and small enterprises (MSME) in Uruguay. In an economy where MSMEs employ over 60% of the active population, Microfin fills a structural gap by offering short, medium or long-term financing to those enterprises, otherwise largely underserved by the formal financial system.  Visit Microfin’s website.

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