ACCOVI

PARTNER: ACCOVI
WEBSITE: www.accovi.com
COUNTRY: El Salvador
ORGANIZATIONAL PROFILE: ACCOVI is a nonprofit cooperative that started operations in 1965 as a credit program with a social mission. In 2004 ACCOVI became the first cooperative to be regulated by the Superintendence of the Financial System in El Salvador, and only the second such regulated cooperative in Latin America. Over the past 40 years, ACCOVI has positioned itself as a strong financial intermediary in the central region of El Salvador with a network of eight offices. Its social mission has helped it create a special link with its clients. ACCOVI's main services include business loans for microenterprises and small businesses, consumer loans and home improvement loans.

ACCOVI's operations are concentrated in the urban areas of primary cities and secondary towns. Its geographic area of influence includes the departments of San Vicente, Cabanas, Cuscatlán, La Paz, San Salvador and La Libertad.

ORGANIZATIONAL VITALS