Microwd. The Fintech for the unbanked. We design economic solutions to social problems accelerating community development. Therefore, we connect people in South and Central America to investors whose objective is to obtain not only for rentability but also for social impact..
We started in November 2015 with 80 micro loans in Nicaragua and now we are lending to almost 4000 families in Nicaragua, Peru and Mexico.
What is our added value? We listen to the needs of our beneficiaries and we adapt to their requests. We started with micro loans and now, we understood that they want to offer more opportunities to their families and be able to repay the loan although they have an eventuality. So, we launched micro insurance, social housing and saving products.
In addition, our impact is one of its own. More 156% increase of revenues, 91% improve their home, 93% of the mothers invest in their children’s education, 66% of the borrowers save 2,45 jobs created per loan.