Banco Rio - Supporting small entrepreneurs in Paraguay
Banco Rio
Supporting small entrepreneurs in Paraguay
Paraguay
The SME financial institution Financiera Rio S.A.E.C.A. (Rio), founded in 2010, focuses on small and medium enterprises (SMEs) operating in the commercial sector. The institution became an Oikocredit partner in 2018.
Rio is one of the leading financial institutions in Paraguay with an extensive network of branches across the country. It is becoming more actively involved in new sectors, such as agriculture, cattle rearing and associated businesses.
The institution has a diversified portfolio of almost 7,500 micro and SME clients (2018) with the client base expected to grow in the coming years. Rio has committed itself to achieving its expansion ambitions by strengthening its social performance and building a positive long-term relationship with Oikocredit.
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