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Mexico

PROVIDING HOPE THROUGH INTEGRATED MICROFINANCE 

WE WANT TO SEE OUR CLIENTS’ BUSINESSES SUCCEED. THAT’S WHY WE PROVIDE MORE THAN JUST SMALL LOANS. WE OFFER A WIDE PORTFOLIO OF PRODUCTS AND SERVICES SUCH AS BUSINESS MANAGEMENT TRAINING, TRADING EVENTS AND MICRO-BUSINESS PROGRAMMES AIMED AT COMMUNITIES THAT LACK ECONOMIC OPPORTUNITIES. OUR GOAL IS TO CREATE SUSTAINABLE COMMUNITIES THROUGH A RANGE OF INTEGRATED MICROFINANCIAL SERVICES.

For over 15 years we have offered business development services through 20 branches in the poorest regions in Mexico. Most of our branches are located in rural areas, and we mainly support women borrowers. In addition to loaning money, we provide financial education, support for marketing of customer products, consultancy and technical training. Our services are designed to develop businesses, reduce poverty and improve the living conditions for families and their communities.

We work alongside World Vision Mexico to implement our strong principles of Christian ministry within development, emergency aid and advocacy.

Working in Mexico

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.

 

Awards and Ratings

  • Banamex Prize for urban and rural micro-enterprise development in three different categories, November 2011 
  • Focus on Poverty and Community Empowerment Badge, Kiva,  January 2012 
  • Integration of Educational Services to Microfinance, Freedom for Hunger,  November 2009 
  • Transparency Certificate 5 Diamonds, Mix Market since 2008

 

Future Innovation

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. 

 

Client Success Story

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.

 

Management Details

MFI Structure

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.


    

 

 

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