MICROWD provides loans to women at the bottom of the economic and social pyramid in Latin America.

These loans enable the generation and development of businesses of extraordinary women entrepreneurs in the communities where MICROWD works.

MICROWD is a social fintech that connects women entrepreneurs in Latin America with investors seeking profitability and social impact. The company was born more than 7 years ago with a clear objective: to fight poverty by supporting extraordinary women who, thanks to their entrepreneurial spirit, their desire to better themselves and improve their living conditions, are able to run a business that generates income for women and their families, helping to accelerate the development of the communities where they live.

Since then, MICROWD has demonstrated the success of its model: it has supported more than 9000 women in Mexico, Peru, Nicaragua, Uruguay and Costa Rica, who through their own work and effort, have generated jobs, increased their income, their savings and their quality of life.

MICROWD implements a model based on alliances, trust and the search for sustainable social models. Thanks to its peer to peer and crowdlending platform, it connects these women entrepreneurs with social investors who are looking for profitability and want to contribute to generating a positive social impact. These investors decide to trust the women and give them access to funding so that they have the opportunity to improve their businesses. In addition, MICROWD has wanted to go beyond the granting of microcredits, providing close support to women, based on respect, listening, trying to generate long-term relationships with them and accompanying them in their professional and personal development.

The round will allow us to set up a digital accelerator with three main objectives:

1. personal and financial education: practical advice focused on credit health and aligned with the credit cycle.
2. close relationship and support for entrepreneurs in the establishment and development of their business: digital mentors who accompany women throughout the life of the loan.
3. seed debt: from 250 euros per project.

With this acceleration process we will reduce the time needed to detect extraordinary entrepreneurs from 18 to 4 months.