Mutuo Financiera is a Mexican fintech company that leverages technological tools to offer an innovative approach to productive loans. We facilitate access to the financial sector to small and medium-sized enterprises to enable their business growth.
Mutuo, through its financing solutions, promotes the use of cleaner and cost-efficient energies, such as Compressed Natural Gas (CNG), a type of fuel that has demonstrated a 20-30% reduction in carbon monoxide and an 80% reduction in nitrous oxide emissions, thus reducing global warming.
Mutuo has created an innovative process of loan collection that reduces credit risk in a significant manner. We use part of the spread between the natural gas price and gasoline as a loan payment each time the client pumps fuel. This provides us with daily payment information and data from our clients to have more effective and data-driven underwriting and collection mechanisms.