Since its founding, Association SHARE has been a dynamic organization in constant change and adaptation to the prevailing situations in the country and to meet the most critical needs of social and economic development in Guatemala. This work is done with a perspective that offers appropriate returns on investment according to the risk acquired, with a greater social impact compared to investments conventions of the financial industry. The 2017 – 2021 Strategic Plan proposes the creation of an organization that is in charge of the financial actions developed by the SHARE Association, and for this purpose a savings and credit cooperative, SHARE RL, was created, which proposes expanding the services, taking them to more people to deepen the market and work for greater financial inclusion.
SHARE believes in the potential of people and the contribution that as citizens we can make to the country, through the success of individual ventures and the improvement in the living conditions of its clients and their families. To this end, 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 businesses who have access to microfinance products created especially for their investment needs. The organization has a 1.73% PAR 30 for this line of investment, exceeding the industry average. It also contributes with important efforts to support rural economic growth, reaching 77% of its portfolio (26 thousand clients) residing in rural areas of 9 departments of the country and that are served through our 28 agencies.
SHARE continues its work in Support for 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 appreciable allies that have contributed to carrying out this task. Within these institutions we can highlight the North American supermarket chain TARGET.