Portfolio Organizations

MCE has issued over $109 million in loans to over 70 organizations generating economic opportunities in 35 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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Chamroeun

Cambodia
  • MFI
  • Women
  • Rural
  • Education
Focusing on Cambodia’s most underserved.

Chamroeun is a small-size MFI in Cambodia established in 2006 as a project of the French NGO Entrepreneurs du Monde (EdM) to provide financial (loans, savings) and non-financial (micro-insurance) services to poor and vulnerable families living in Phnom Penh, Cambodia’s capital city. Since its inception, the organization focused on serving the “poorest of the poor,” targeting financially underserved people living in slum areas where most other existing MFIs wouldn’t operate. The social mission is at the heart of Chamroeun’s operations. Over the years, Chamroeun has expanded its operations in main provincial towns (Siem Reap, Battambang, etc.) and, as of 2013, covers 14 out of 24 provinces through 42 offices, still focusing on the low-endmarket in urban and peri-urban areas. At the end of 2013, it was addressing the needs of nearly 53,000 borrowers, with the objective of reaching 100,000 borrowers by 2017.  Visit Chamroeun’s website.

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Fondesurco

Peru
  • MFI
  • Women
  • Rural
Providing financial services, savings, and financing for green products to low-income, rural communities.

Cooperativa Fondesurco (Fondesurco) is a medium-sized MFI operating in the rural areas of the Arequipa region of Peru. In many of its locations, Fondesurco has been the pioneer financial institution and, to this date, three of Fondesurco’s 21 branches remain the only financial institution in the municipality. Fondesurco’s branches are located in regions where at least 25% of the population lives below the national poverty line. Fondesurco provides credit services, savings, and financing for green products, such as solar water heaters and low energy-consumption cook stoves. Visit Fondesurco’s website.

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Nor Horizon

Armenia
  • MFI
  • Rural
  • Other
Promoting social and economic development in the country's underserved regions.

Nor Horizon is a non-bank financial institution owned by Horizon Fund (an Armenian NGO founded by Oxfam GB). With strong grassroots origins, Nor Horizon offers individual loans in under served regions (including those bordering Azerbaijan). In 2008, the Millennium Development Corporation selected Nor Horizon as an implementation partner on an agricultural project providing machinery and hot houses to farmers. In 2010, Nor Horizon partnered with Habitat for Humanity in rural areas of Armenia, notably the ones affected by the earthquake (1988), to provide housing finance. Visit Nor Horizon’s website.

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CAJU Industrie

Cote d’Ivoire
  • MFI/SGB
  • Women
  • Rural
Operating a cashew nut processing business.

CAJU INDUSTRIE SA (CAJU) is a cashew nut processing business based in Kolia, a small village in the northwest of Cote d’Ivoire. CAJU’s core strategy is to source Raw Cashew Nuts (RCN) directly from neighboring farmers, then process them according to international standards and export Processed Cashew Kernels (PCK). Founded in 2011 by a local woman entrepreneur who decided to invest and start a business in her native region of northern Cote d’Ivoire with the idea of creating jobs and economic opportunities for the people of her native village, many of whom live in poverty. By operating a processing factory in a very rural area where no formal jobs are available, CAJU provides additional incomes to local households. Most of the factory workers are women, who are also cultivating food crops for family subsistence.

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Mol Bulak

Kyrgyzstan
  • MFI/SGB
  • Women
  • Rural
Providing financial services and basic financial literacy training to the poor in rural areas.

Mol Bulak is a non-bank financial institution that focuses on the poorer, more rural areas of northern Kyrgyzstan. Mol Bulak offers one basic group loan product and also provides basic financial literacy and cash management training. As of 2014, Mol Bulak operates seven branches with a loan portfolio approaching $2 million and serves more than 3,690 clients, 84% of whom are women. Visit Mol Bulak’s website.

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COMIXMUL

Honduras
  • MFI/SGB
  • Women
  • Rural
  • Health
  • Education
Promoting gender equality by empowering women

COMIXMUL is a Savings and Loan Corporative established in 1986 in Honduras. As of 2014, It is currently the largest Hoduran financial institution providing services exclusively to women. COMIXMUL offers savings and credit opportunities to low-income women to start small businesses, improve their homes and support their families. Over the years, COMMIXMUL has expanded its offerings to include non-financial services by establishing a separate non for profit organization. FUDEIMFA. Through this partnership, COMIXMUL provides its members with education on topics such as business management and gender equality. Visit the COMIXMUL website.

 

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