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grupo autofacil
Information by Research TrustFinance
Founded in 2008 in El Salvador as part of Grupo Poma's automotive division, Grupo Autofácil provides an alternative vehicle acquisition system known as "Autofinanciamiento." This model allows customers to pay fixed monthly installments into a collective fund, with vehicles being allocated to group members periodically through lotteries or bidding, thereby avoiding interest charges typical of traditional bank loans. The company's mission is to provide an accessible and planned path to vehicle ownership, particularly for individuals who may not qualify for conventional credit. It has since expanded its operations to Honduras, Guatemala, Nicaragua, Panama, and Costa Rica.
El Salvador
Industry
Financial