Washington D.C., June 24th, 2021- Grupo CAPEM joins the SME Finance Forum as the newest member of our global membership network. Our members are SME Financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
“When we started in 2012, we were in an exploratory phase for the first few years. Since 2016, we’ve been implementing our mission to build a global membership to support better SME financing, and since then, we’ve established a network with over 220 active member institutions, which operate in over 190 countries sharing the common purpose of helping under-served enterprises. We are delighted to welcome Grupo CAPEM to further grow our mission.” said Matthew Gamser, CEO of the SME Finance Forum.
Grupo CAPEM endeavors to facilitate Mexican SMEs’ growth by offering smart financial solutions, including simple credit, leasing, and factoring. Apart from providing loans to local SMEs, Grupo CAPEM also conducts consulting services, evaluating and redesigning their clients’ operational practices to help them realize the potential value. Additionally, to ensure the long-term development of local SMEs, the company contributes to developing administrative and funding strategies for their clients.
“We are committed to promoting the Mexico’s economic development by fostering the growth of local SMEs. We believe that by accessing customized data analysis through the SME Finance Forum, we can make strategic alliances with peer institutions, benefit more Mexican SMEs, and boost the local economy in the long run,” said Rodrigo Correa, CEO of Grupo CAPEM.
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative.
To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list
About Grupo CAPEM
Grupo CAPEM is a financial institution providing loans to SMEs in Mexico. Its purpose is to impact the GDP of Mexico by giving loans to the local SMEs. To promote SMEs’ growth, CAPEM designs the ideal credit for its clients and supports them with technical assistance in management, taxes, finance, and accounting. Nowadays, Grupo CAPEM operates in fifteen states in Mexico with a portfolio of $35 million US dollars. Read more about CAPEM’s initiatives at https://grupocapem.com/