Microfinance explanation on financial and social inclusion presented by Business English students from UCSG Case study: Banco Solidario

1. Group Members:
• Benitez Omarza Lisbeth
• Fernández Moreta Madelyne
• Ordoñez Vizueta Michael
• Tierra Piedra Karol
Business English VII
Microfinance- Banco Solidario
Business Advantage VI Tutorial
Lecturer: Max Galarza, MSc
Tutory Grade: 9,5

2. Contribute to the progress and
improvement of the quality of life
of micro entrepreneurs and
workers of large segments of the
Ecuadorian population, with
financial products and services
appropriate to their needs
through a human team that
makes this mission part of their
lives.
Mission Lead the financial and
social inclusion of
large segments of the
population, building a
network of mutually
beneficial
relationships.
Vision

3. 2017 STRATEGIC
OBJECTIVES
Ensure a technical
heritage of more
than 12%
Keep the amount of
deposits from the
outside in at least
$146 million
Expand the range
of products and
services
Maintain the
structural liquidity in
at least two times
the minimum
liquidity required

4. Microfinance with
values
To believe in the people for what it
is, rather than what they have.
Has been the main value that has
guided our work since
always. Ethical behavior, solidarity,
social responsibility and to do with
enthusiasm our work, are the
pillars of our performance
In recognition of our work, but
above all, our commitment to
society
The Global Alliance for Banking
with values, accept us as
members in 2016, made up of 39
institutions worldwide and its aim
is to promote the sustainable
economic, social and helping
people.
Take care of your future, the
program leader of financial
education
Trained over 4004 people and
reached more than one million
with its awareness-raising
messages

5. Workers1390 Customer936 Media132
• Business
partners
404Teen´s
programs353Children´s
Programs75• General714
FINANCIAL EDUCATION

6. Geographical Coverage

7. Solidarity
with my
Business
Solidarity
with my
Family
Solidarity
in my
country
Financial
Education
FINANCIAL SERVICES
Credit
Credit card
Investments
Credit
Investments
Accounts

8. Solidarity with My Business
 Credit Microcredit or credit for
microentrepreneurs
Credit
Banco Solidario offers this
services so that the effort of a
lifetime continues to grow, they
offer you the Solidarity
microcredit, the loan that
solves your needs for raw
materials, merchandise,
services or others that arise in
your business, be it for trade,
production or service.
• Access to credit in a timely
manner in maximum 24 hours.
• Depending on the turnover of the
working capital or the productive
cycle of your business, credit is
offered from $ 1000 up to $
20,000 and in terms of up to 48
months.
• You can have this service
whenever you need, if you
present good payment behavior.
What benefits
do you have?

9. Solidarity with My Business
 Credit Microcredit or credit for
microentrepreneurs
Credit
• Minimum age: 21 years. Maximum
age: 70 years.
• Nationality: Ecuadorian or foreigners
with legal residence.
• Minimum age of 1 year of business.
• Original and copy of the identity
card.
• Original and copy of a basic service
payment.
• Refugees visa 12-IV. Refugee card.
What requirements do you
need?

10. Solidarity with My Business
Immediate credit
Credit For those times when you need a quick credit to solve the
cash purchase needs of raw materials or supplies of your
business, offer the "immediate credit"
What benefits do you have?
• Immediate availability of cash for cash
purchases with your suppliers of raw
materials or inputs, from $ 1000 to $
5000.
• Immediate approval of the credit, in 24
hours.
• Payment in equal installments and in
installments appropriate to your need.

11. Solidarity with My Business
Immediate credit
Credit
Requirements
• Natural persons from 25 to 65 years of age, with
established business.
• Original and copy of identity card and presentation
of the ballot for those who are obligated to pay.
• Complete and sign the documents delivered by the
bank. You do not need to be a client.
• Have a business of commerce, production or
services physically established for at least 1 year.
• * The approval is subject to credit evaluation.

12. RATE RISK
The rating agency Class
International Rating awarded
the Bank the "AA +" rating,
which recognizes Banco
Solidario as a very entity solid
financially, with good
performance history, without
weak aspects that stand out
and with a general profile of
low risk.
AA+
CLIENTS and PORTFOLIO
The number of microentrepreneur
clients At the close of 2016 it was 167
735. The gross balance of the portfolio
of microcredit was US $ 272.87
million, and the average amount per
client was US $ 2563. For another
side, closed the year with 107,356
salaried clients, with a balance gross
of consumer portfolio of US $ 262.87
million and an average amount of US
$ 1451.
MICROFINANCE-
2016 Emission of very high c
quality

13. Investors

15. REFERENCES
http://www.banco-
solidario.com/media/1652/banco_solidario_tarifario_mayo_2
016_activas.pdf