FUNDES is a consultancy firm that specializes in the development of micro, small and medium enterprises (MSMEs), resulting in the strengthening of value chains and competitive business ecosystems.

Purpose

FUNDES mission is to leverage micro & small businesses to achieve economic and social development.

Our 40 years of experience in the field brought us to understand that micro and small businesses from the “traditional economy” can change the world. We aim to build competitive and inclusive economies and create pathways out of poverty for thousands of people in the region. To do so, we partner with large companies, development organizations and governments to build competitive and sustainable business ecosystems.

Elfid Torres

CEO, FUNDES

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We believe it is vital to state clearly to the world the set of our beliefs about Inclusive Capitalism. As such, we start with our Statement of Guiding Principles for Inclusive Capitalism. Knowing that words alone are not enough, each of us is making a series of commitments about how we will operate our institutions so that they help achieve Inclusive Capitalism. These commitments are forward-looking statements based on current goals, expectations and assumptions, which are not guarantees of future performance. For more information, please refer to our Terms of Use

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Summary

FUNDES is committed to sustainable development by reaching 500,000 micro and small businesses within its networks of changemakers in Latin America by 2025 to enhance social wellbeing while generating prosperity for their communities.

Objectives

Create sustainable development through the empowerment of small businesses in Latin America

Metrics & Targets

  • Reach 500,000 micro and small businesses within our networks of changemakers in Latin America by 2025.
  • Improve the lives of 250,000 micro and small entrepreneurs and their families, by increasing their monthly average revenue between 15 and 20% by 2025.
  • Sustainably strengthen the value chain of 30 to 40 multinational corporations with scalable, institutional, and inclusive MSME development programs and practices by 2025.

SDG Focus Area(s):

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Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.