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Banco PyME Ecofuturo
From Wikipedia, the free encyclopedia
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Banco Pyme Ecofuturo S.A. is a Bolivian financial institution that originated from Ecofuturo S.A. Private Financial Fund, founded in 1999.[3] Ecofuturo was established through the collaboration of four Non-Governmental Organizations (NGOs) dedicated to supporting the development of micro and small enterprises in Bolivia.[4]
 | This article may contain excessive or inappropriate references to self-published sources. (May 2025) |
 | This article relies largely or entirely on a single source. (November 2024) |
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History
1999 – Beginning
Ecofuturo S.A. began its operations during a challenging period for the Bolivian economy, from 1999 to 2002, amid a national macroeconomic crisis. Despite initial financial difficulties, the institution achieved financial stability and sustainable growth in the following years.
2008 – primary shareholder
In 2008, shareholder IDEPRO transferred all its shares to Fundación para Alternativas de Desarrollo (FADES), making FADES the primary shareholder of Ecofuturo.
2014 – Transformation to Banco Pyme Ecofuturo
In 2014, Bolivia's Financial Services Authority (ASFI) issued a resolution mandating the transformation of Ecofuturo S.A. into Banco Pyme Ecofuturo S.A., a transition that allowed the institution to expand its services. This transformation enabled Banco Pyme Ecofuturo to offer a broader array of financial products, including trusts, foreign trade services, guarantee bonds, and credit cards.
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Operations
As of 2024, Banco PyME Ecofuturo offers its services through 136 Financial Care Points, in eight of Bolivias nine departments.[5][2] Its financial services offered include:
- Credit cards
- Saving accounts
- Microfinance
- Productive sector loans
External links
References
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