Financiera Contigo

Last Updated: 12.04.2022. Date when the basic information was updated
Financiera Contigo
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 1.5 B
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
€ 45.6 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
With a buyback obligation
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
10%
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Website:
Founded:
2010
Employees:
2500
Joined Mintos:
12.04.2022
Loan Types: The type of linked assets the lending company has issued.
Personal loan Personal loan
Countries: Countries in which the linked assets were issued by the lending or rental company.
Currencies: Currencies in which investment opportunities from the company are offered.
EUR
Annual percentage rate charged to borrowers:
25%-225%
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
0

About

Financiera Contigo (legal name CEGE Capital) is a lending company operating in Mexico that was founded in 2010 ​​and is one of the largest and most well-known microfinance companies in Mexico. Lending Company offers an array of financial products to communities that lack access to the general banking system, with a special focus on improving the lives of women entrepreneurs and their families - all while generating positive employee, shareholder and supplier relationships. When Financiera Contigo enters a community, its financial advisors conduct outreach to inform potential customers about its products and educate them on personal finance management to mitigate the risk of over-indebtedness. Upon approval, branch managers visit customers on-site and disburse loans through debit cards or money orders. Financial advisors then meet with customers each week to provide support with loan management and repayment.

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