From the outset, the SHARE association has been a dynamic organization that constantly changes and adapts to the prevailing situations in the country in order to fulfill the most crucial needs of social and economic development in Guatemala. This work has been carried out with a perspective that offers appropriate investment returns pursuant to the risk acquired, and a greater social impact in comparison to standard investments in the financial industry. The 2017 – 2021 Strategic Plan proposed the creation of an organization in charge of the financial actions developed by the SHARE association, so, SHARE R.L., a comprehensive cooperative savings association, was created with the purpose of expanding its services and reaching more people in order to delve into the market and work towards greater financial inclusion.
SHARE believes in people potential and the contribution that we can make to the country as citizens through the success of individual ventures and the improvement of the living conditions of its clients and their families. For this, it offers comprehensive, responsible, and timely loans to more than 22,000 women and 13,000 men in Guatemala.
Its clients are mainly farmers and small-business owners that have access to microfinance products created specifically for their investment needs. The organization has a 1.73% PAR 30 for this line of investment, exceeding the average in industry. It also contributes with significant efforts to support rural economic growth by reaching 77% of its portfolio (26,000 clients) that reside in rural areas of 9 departments of the country and that are cared for through our 28 branches.
SHARE continues working to Support the Education of Children and Youth, improving access to primary, secondary and diversified education and
strengthening the national system thanks to its experience with Education
Over the years, SHARE has had significant allies that have contributed towards carrying out this important task. The North American supermarket chain TARGET stands out among these institutions.