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In Mexico, as in the rest of Latin America, the huge growth of the population has exceeded the capability of companies to offer jobs; therefore, people have tried to perform productive activities, known as micro-business, to have an income. In 1990, Compartamos was founded within this context, thus providing opportunities and offering credit as a means to make micro businesses grow and to contribute with Mexico’s development. Through its history, Compartamos has obtained results with a clear trend aimed to sustainable growth, the quality of its assets, and profitability. On June 1st, 2006, Compartamos Banco was authorized by the Mexican government to operate as a bank, “Banco Compartamos, S.A., Institución de Banca Múltiple”.

MX
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