Servicios Microfinancieros S.A. is a new entity created in Argentina. The new institution is set to consolidate its leadership as a specialized provider for entrepreneurs with limited means, with customized microfinance products and services enabling them to undertake productive activities. Servicios Microfinancieros S.A. launches with 1.100 customers and a presence in two regions, Mendoza and Mar de Plata.

Organization

Shareholders

The BBVA Microfinance Foundation holds 96.68% of the total shareholder capital.

Management Team

Manuel Méndez del Río Piovich (President)
Mónica Pescarmona de Baldini
Gotardo Pedemonte

 

  • Some basic data of the Network at March 2010

  • Customers
    1.100
  • Branches
    650.000 (USD)
  • Volume of outstanding credit
    590 (USD)
  • Employees
    21
  • Average loan amount
    2