Banco de Ahorro y Crédito ADOPEM, S.A. (ADOPEM), a member of the BBVA Microfinance Foundation, is a financial institution that works for vulnerable people through financial inclusion that became a bank in 2005, although it has been providing loans for nearly three decades as an NGO. Banco Adopem provides tailored financial products and services to small entrepreneurs, 67% of whom are women, wanting to make a go of their micro-enterprise. Most of the people it serves work in the production and sale of foodstuffs, handcrafted objects, clothing and footwear, or service provision, among others. Adopem relies on the daily dedication of 1,500 employees who are committed to its entrepreneurs’ long-term prosperity. Thanks to its footprint of over 74 branch offices and 200 banking agents, it contributes to the growth of over 400,000 client in the most vulnerable sectors of the Dominican Republic.
Location: Dominican Republic
Where We Work
The magenta countries are places where we fund microcredit. Roll over the interactive map with your mouse to see fast facts in each country where we work.