Sembrar Sartawi was born of the merger of the Sembrar and Sartawi foundations, with the mission of financing the agricultural sector in Bolivia. The MFI offers two lending methodologies: individual micro-credit and communal banking, enabling it to reach groups of people with very low incomes in both urban and rural areas.
Bolivia is a democratic republic with a poverty rate of 39% of the population, despite its wealth of metals such as tin, silver and lithium. The political environment is very worn. The current president, a member of the Movimiento al Socialismo (MAS), is facing recurrent protests over social issues. What’s more, the country is currently going through a major banking and financial crisis, the consequences of which are being felt by the microfinance sector, which risks worsening the situation of the populations served by this partner.
Sembrar Sartawi’s customer base is predominantly female, and a large part of the portfolio is dedicated to financing the agricultural sector. Sembrar Sartawi pays particular attention to its customers. Its agricultural credit products are tailored to the specific needs of the value chains concerned, and the average loan amounts are among the smallest in the sector, demonstrating a high level of social responsibility.