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wecapital
Information by Research TrustFinance
WECapital is a social impact company founded in Mexico with the mission to reduce the financial gap for women. It operates as a SOFOM (Sociedad Financiera de Objeto Múltiple), a type of non-bank financial institution in Mexico, that provides credit and financial services primarily to women who are often excluded from the traditional banking system. The company utilizes a group lending model, where women form solidarity groups to co-sign for loans, fostering community and shared responsibility. WECapital's goal is to empower women entrepreneurs, promote their economic development, and generate positive social change through accessible financial products.
Netherlands
Industry
Financial