Fundación PROFIN

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Fundación para el Desarrollo Productivo y Financiero
Organisation general information
Organisation name: 
Fundación para el Desarrollo Productivo y Financiero
Founding year: 
Bolivia, Plurinational State of
Total number of staff: 
Resources dedicated to microfinance: 
Percentage of microfinance activities: 
Between 20 and 50%
Type of organisation: 
Non profit
Organisation's contact person
Contact person: 
Edwin Vargas Rodríguez
Sanchez Lima Avenue # 2600

La Paz
Bolivia, Plurinational State of
Organisation summary

Since its inception in 2006, PROFIN Foundation has worked to promote the financial inclusion and innovation in favor of the most disadvantaged segments of the Bolivian population and productive development of micro, small and medium-sized productive units in Bolivia (MSMEs), through the articulation of actors that provide financial services and technical assistance to MSMEs. In this way, PROFIN Foundation creates, adjusts, test, implements, and promotes the scalability of innovative financial mechanisms to facilitate the access of MSMEs to financial services and to improve their productive and economic capacities. 

PROFIN FOUNDATION´s Vision is "To be a national and international benchmark in the implementation of inclusive development models that generate value for MSMEs." In turn, its Mission is to "Promote the economic and productive development of MSMEs." The main objective of PROFIN is “To generate economic and productive development models that improve market conditions and the performance of Micro, Small and Medium Enterprises (MSMEs) and Family Productive Units (FPU) in urban and rural areas".

Countries of intervention: 
North America
South America
Areas of intervention: 
    Please indicate any innovations in your microfinance program planned for the coming year: 

    PROFIN wants to become a national and international reference in the implementation of inclusive development models that generate value for PFUs, MSMEs, young people, women, and the indigenous population.

    Through an innovative and integrated approach that includes the adoption of technologies that allow the vulnerable population to have access to Microcredits and Microinsurance, financial tools and financial education, reaching more sectors in Bolivia

    We are working on the implementation and a portfolio of studies and research that strengthen the environment of vulnerable people. To strengthen the Bolivian economy, it is very important to identify and put into operation successful models of financial education and financial support

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