There are still many families in Mexico that survive on very little and lack the finances needed for medical care, education or nutritious food.
Mexican women are usually the ones responsible for supporting their families. However, many poor women have little or no education. Neither do they have land or productive assets. This leaves them particularly vulnerable in economic downturns or family emergencies.
We work in areas where poverty and the rate of illiteracy are much higher than the national average. Our products and services have been created to help poor people in Mexico escape their economic problems so they can adequately provide for the families.
We are committed to providing quality financial services for the poorest communities in Mexico.
We are enthusiastic about new initiatives and programs that include:
- Optimizing operating costs through effective decentralization;
- Implementation of an information management system;
- Establishing a risk management department;
- Creation of small and medium business divisions.
Doña Arnulfa has been creating ‘Ocoshal’ handcrafts for over ten years. Using dried pine leaves, she makes boxes, jars and fruit bowls.
Doña used a small loan to help sell these handmade crafts. This enabled her to care for her family, send her children to school and support her community.
Toby Greene was appointed CEO of VFM in September 2013.
Toby has 20+ years experience working internationally in the consumer finance and since 2002 has specialized in micro-lending in Mexico.
Born in the UK, Toby has spent the majority of his career in Spanish-speaking markets including assignments in Spain, Argentina and Uruguay.
Toby heads up an experienced leadership team in VFM, guided by a distinguished local Board.