Avanza Sólido 25
At Paola's shop, you can find everything you need for your daily shopping and enjoy a friendly chat. Paola knows many people in the neighbourhood. Besides serving her own customers, she also supplies other local shops. With a loan from Avanza Solido, she has been able to grow her business.
The project
Paola runs a small grocery store in a working-class neighbourhood in the city of Tuxtla Gutiérrez, Mexico. She sells products to her own customers and also supplies stock to other local shops.
How does Paola manage to do all this? Partly thanks to a loan from Avanza Solido. She used the financing to purchase more stock, expand her customer base and increase her sales and income. She can now serve more customers and supply products to other shops as well. After all, good customer service costs nothing but goes a long way.
Paola: "I have learned that good customer service plays an important role in the growth of my business."
Entrepreneurs like Paola do not always qualify for loans from traditional banks. Avanza Solido gives them access to financing through microloans. This gives entrepreneurs the opportunity to develop their ideas and seize new opportunities. This not only improves their living conditions but also contributes to better local services and stronger communities.
Your investment
- Annual interest rate 6,5%
- With an investment of €1,000, the expected total repayment is €1,081.
- Maturity: 24 months, with repayments including interest every 6 months
- Currency: Dollar. Please note that although you invest in euros, the loan is in dollars, so there is a risk of exchange rate fluctuations between dollars and euros. Visit our page on exchange rate risks for more information.
Avanza Solido
Impact
Mexico is a country marked by significant economic inequality, with wide disparities in income, access to services, and economic opportunity. These gaps are especially visible in rural areas, where communities often face greater barriers to development and financial inclusion.
Avanza Sólido addresses these issues by providing microloans and training to small entrepreneurs who are excluded from traditional banking services. By offering financial education and business management training, they help entrepreneurs stabilize their incomes and reduce poverty. Focusing on vulnerable groups, including women, youth, and indigenous communities, Avanza Sólido directly contributes to improving living standards and strengthening the economic resilience of these populations in Mexico.
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