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Projet BANCO PICHINCHA
In Ecuador, Banco Pichincha has developed a range of loans for the most vulnerable populations, who are often located in rural areas. This microfinance activity improves financial inclusion in the country.
Client presentation
Banco Pichincha was founded in 1906 and is today the largest bank in Ecuador and a leading national player in the microfinance sector – which accounts for 12% of its portfolio. The institution has developed a range of loans for the most vulnerable populations and rural areas. Thanks to a network of 193 branches, Banco Pichincha has a strong nationwide presence and high-quality support services.
Project description

Proparco’s financing will support Banco Pichincha’s microfinance activities. It is Proparco’s first operation in the country.

Project impact
This operation will contribute to improving financial inclusion for populations in Ecuador. It will contribute to the development of income-generating activities and to strengthening the local economic base. It will have a positive impact on the incomes of clients and their families.
18/12/2012
Date of signature of the project
Ecuador
Location
Financing tool
16 237 720 Euros
Amount of funding
Loan of USD 20m
Financing details
BANCO PICHINCHA
Client
Employée

a third LOAN IN 2018

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Projet BANCO PICHINCHA

A second loan to support the action of Banco Pichincha

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