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ASEI - Associación Salvadoreña de Exensionistas Empresariales
San Salvador, El Salvador
esei.icpes@ejje.com
# of clients: 5,421
% women: 85%
Outstanding Loans: US$ 646,043
Staff: 23
Founded: 1991
Director: Ricardo Arturo Segovia
Microcredit Programs: Founded to promote the development of small business, 80% of ASEI's clientele receives financing through community banks. An average community bank consists of 15 - 20 entrepreneurs who are collectively responsible for each other's loans. These entrepreneurs receive initial loans of about $115, as well as the assistance of ASEI's microenterprise specialists in credit management, accounting, and business administration. ASEI also provides loans and technical assistance on an individual basis to clients with more established businesses and credit history. These loans are larger than those granted through the community banking program.
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