Departments
Microcredits
What is the program about?
The Microcredit Center supports the development of micro and small entrepreneurs in the Dominican Republic by offering training services targeted to their needs, credit and technical assistance, as well as promoting the development of new business initiatives through vocational technical training. It is our mission to promote the development of income-generating activities as a way to improve the living conditions of Dominicans. These actions are aimed at those Dominicans who do not have access to formal banking.
Achievements
Pioneers in granting loans to very low-income young people and women with zero opportunities to enter the credit market, in order to improve their development and integration into a productive society.
The projects managed by the Center are of a continuous nature, the most relevant of which include the following:
The Center's Actions
They reach the poorest provinces and neighborhoods of the Dominican Republic. The work system is created according to the needs of our family, that is, our clients. 70% of the portfolios are occupied by women and young people of our country and 30% by microenterprises.
Participating population
The Center has been in operation since 1992 and to date has benefited more than 18,000 microentrepreneurs in the cities of Santo Domingo, Haina, San Cristobal, Guerra, Barahona, Puerto Plata and Cotui.
