Finclusion Mexico

About Finclusion Mexico

Grupo Finclusión de México, operating as a SOFOM, E.N.R. (Sociedad Financiera de Objeto Múltiple, Entidad No Regulada), is a microfinance institution established in 2012. The company was founded with the objective of consolidating the microfinance sector in Mexico to enhance the sustainability and quality of financial services for the country's micro-entrepreneurs. Its business model centers on providing financial inclusion for individuals and small enterprises with limited access to traditional economic development opportunities. Finclusión offers both group and individual loans tailored to micro and small businesses.

A significant milestone in the company's history was the acquisition of Apoyo Integral México, a Sofom, in March 2014. This strategic move substantially increased Finclusión's total portfolio and client base, expanding its reach to 35 offices across 12 states in Mexico. At the time of the acquisition, Finclusión was noted for its rapid organic growth, having doubled in size in 2013. The company has received backing from shareholders such as Creation Investments and PMD Capital Management, both of which are institutions focused on the microfinance sector globally and in Mexico.

The institution operates within the broader context of Mexico's evolving fintech and financial inclusion landscape. While the country has seen a boom in fintech companies, significant portions of the population remain outside the formal financial system, presenting a substantial market for institutions like Finclusión. The firm's target clients are often part of the unbanked or underbanked segments of the population, who require access to capital to support their business activities. Revenue is generated through the interest and fees associated with the credit products it offers. The company aims to provide these services based on a corporate culture of performance, accountability, and commitment.