Oikocredit, MicroVest Capital Management and Triodos Investment Management jointly sold their equity stakes in Banco Solidario, providing a full exit for the social impact investors. Banco Solidario was founded in Ecuador in 1996 and provides loans to SMEs among other financial products and services.
(Press Release) Three social impact investors — Oikocredit, MicroVest Capital Management and Triodos Investment Management — have jointly sold their equity stakes in Ecuadorian bank Banco Solidario.
Banco Solidario purchased the stakes. The three investors will continue to support the bank with loans.
Banco Solidario was founded in 1996 with a social mission. The bank offers a range of financial products and services, including loans to SMEs and savings.