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    Social Value: Stated Mission

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    arnulfo.perez.p
    Gentera is a microfinance group that operates in Mexico, Peru, and Guatemala with the mission of promoting financial inclusion. It aims to generate social, human, and economic value. It provides microcredits primarily to low-income women. While microcredits aim to help alleviate poverty, some have concerns that the business model may exploit the poor through high interest rates. Gentera works to address this concern by focusing on financial education for clients.

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    Social Value: Stated Mission

    Uploaded by

    arnulfo.perez.p
    29 views5 pages
    Gentera is a microfinance group that operates in Mexico, Peru, and Guatemala with the mission of promoting financial inclusion. It aims to generate social, human, and economic value. It provides microcredits primarily to low-income women. While microcredits aim to help alleviate poverty, some have concerns that the business model may exploit the poor through high interest rates. Gentera works to address this concern by focusing on financial education for clients.

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    microcredits

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    Gentera is a microfinance group that operates in Mexico, Peru, and Guatemala with the mission of promoting financial inclusion. It aims to generate social, human, and economic value. It provides microcredits primarily to low-income women. While microcredits aim to help alleviate poverty, some have concerns that the business model may exploit the poor through high interest rates. Gentera works to address this concern by focusing on financial education for clients.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    29 views5 pages

    Social Value: Stated Mission

    Uploaded by

    arnulfo.perez.p
    Gentera is a microfinance group that operates in Mexico, Peru, and Guatemala with the mission of promoting financial inclusion. It aims to generate social, human, and economic value. It provides microcredits primarily to low-income women. While microcredits aim to help alleviate poverty, some have concerns that the business model may exploit the poor through high interest rates. Gentera works to address this concern by focusing on financial education for clients.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    Gentera

    https://www.gentera.com.mx/wps/portal/gentera/inicio
    https://www.gentera.com.mx/wps/themes/html/Gentera/media/informeanual/GENTERA2014/docu
    mentos/annual-report-2014.pdf
    https://www.gentera.com.mx/wps/themes/html/Gentera/media/informeanual/GENTERA2014/en/qu
    ienes-somos.html
    http://www.forbes.com.mx/grupo-compartamos-se-transforma-en-gentera/
    https://www.compartamos.com/wps/portal/Compartamos/Inicio
    https://en.wikipedia.org/wiki/Compartamos_Banco
    http://eleconomista.com.mx/sistema-financiero/2013/05/15/microcreditos-impulsan-compartamos
    http://www.reporteindigo.com/indigonomics/el-negocio-de-prestarle-al-pobre
    https://www.gsb.stanford.edu/faculty-research/case-studies/social-entrepreneurship-banco-
    compartamos
    http://www.reporteindigo.com/indigonomics/el-negocio-de-prestarle-al-pobre
    http://www.poverty-action.org/study/microcredit-women-mexico

    Stated mission: 
    We are the entrepreneur group that works for financial inclusion at the bottom of the pyramid, with
    presence in Mexico, Peru and Guatemala. We aim to generate three types of value:

    Social value
    We grow to offer inclusion opportunities to the largest number of people in the
    shortest time possible, sharing these benefits with the communities where we
    operate.

    \.

    Social
    value
    2013 2014 VARIATION

    Amount disbursed (millions) 74,472 83,204 11.7%

    Number of disbursements 8'042,469 8'321,000 3.5%

    Number of clients/households benefited 2'754,860 2'874,488 4.3%

    Human value
    We trust people and their ability to grow, improve and fulfill their goals. We
    believe that financial education allows our clients to use financial services for
    their own benefit.
    \.

    Human
    Value

    2013 2014 VARIATION

    Number of employees 19,339 18,999 -1.8%

    Investment in internal training (millions)* 77.9 95.8 23.0%

    Investment in external training (millions)* 11.9 11.8 -0.8%

    Internal training hours* 962,820 1'177,752 22.3%

    External training hours* 9,886 9,731 -1.6%

    Employees’ scholarships* 192 145 -24.5%

    * Scope: México –Service areas (CEAS), Compartamos Banco, Aterna and Yastás-. Includes technic training (workshops, courses, seminars,
    conferences) and scholarships to conclude studies (bachelor degrees, certification programs, masters).
     

    Economic value
    We build innovative, effective and profitable commercial models from which all
    can benefit themselves.

    \.

    Economic
    value

    2013 2014 VARIATION

    Total loan portfolio (millions) 20,706 23,951 15.7%

    Net results 2,271 3,162 39.2%

    Operational efficiency 27.0% 27.6% 0.6pp


    Direct jobs 19,339 18,999 -1.8%

    Indirect jobs11 2'763,675 2'883,686 4.3%

    Number of clients at the end of the period multiplied by 1.0032 people hired by micro-enterprises, according to the 2010 National
    1

    Microfinance Survey conducted by INEGI.

    Solution (product/service) they provide: 


    Microcredits

    Target: 

    Low income women that do not qualify for standard loans

    The reason of your choice: 

    There is a lot of expectations about the potential of microcredits to eliminate extreme


    poverty yet there are concerns that the scheme has been abused and converted in a high
    yield low risk business: I want to explore whether the actual impact is positive.

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