Emprende Microfinanzas, S.A. (Emprende) specializes in providing financing that matches the needs of the most vulnerable entrepreneurs in Chile, adapted to encourage their economic and social development. Emprende is a social, not-for-profit enterprise, committed to reinvesting its surplus in providing greater access to credit.
A pioneer in microcredit in Chile, initially as a savings and credit cooperative and since 2009 as a member of the BBVA Microfinance Foundation, Emprende marks its 30th anniversary in 2016 with an unbroken history focusing on providing credit to micro-entrepreneurs. It was the first microfinance institution in Chile dedicated exclusively to supporting productive and commercial activities in low-income sectors.
Its mission is to contribute to the self-sustainable economic and social development of Chile’s most vulnerable micro-businesses, self-employed workers and entrepreneurs through the management of excellence in Responsible Productive Finance.
The enterprise is currently providing credit to over ten thousand entrepreneurs (more than 60% of these are women, and over half are in the informal sector) with a credit portfolio worth approx. USD 10 million. Emprende has 21 offices in 6 of the country’s regions, and 159 employees in all.
Risk & Collections Manager
Regional Committee Coordinator
HR & Communications Manager
Infrastructure & IT Resources Manager
Micro-insurance offers protection to disadvantaged micro-entrepreneurs, whose particularly vulnerable situations make them more fragile in the face of adverse or catastrophic events.