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Format: PDF

Date: 2007-07-11


Financiera Compartamos S.A. Leverages Flexible Financing Options to Build IT System for Growth

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Overview

Financiera Compartamos S.A. is a socially progressive micro finance bank committed to developing opportunities within the lower economic segments and offering credit for working capital. The challenges were to identify a financial strategy that allows the company to have flexible investments and scalable information technology solutions; apply new IT resources to its core business for greater efficiencies in the long term; and structure system payments to plan for growth and account for future corporate expenses. The company established a relationship with Oracle Financing, giving the bank the ability to invest in information technology while still conserving its cash flow and the company leveraged Oracle Financing's flexible payment options, positioning the company for growth.