Savinco Social Finance is a social enterprise with presence in Spain, Ecuador and Peru, where we are developing two projects: "Saving to Learn" and "Savinco Rural". “Saving to Learn” (ApA -Ahorrar para Aprender) was born with the objective to support the most vulnerable communities to reduce their economic dependencies. However, how can these communities lift themselves out of poverty? Through savings and proper management of their personal finances. Over the course of 7 years, we have demonstrated that even those with fewest resources can save long-term and improve their quality of life with practice-based financial education. To achieve our objective, we create saving groups of 15 to 40 people linked through trust. We teach these groups how to save, finance their costs with their savings and to make collective decisions. Today, we have almost 18,000 members who have saved more than $6 million, allowing us to lend almost $50 million - savings are continuously being lent, thus also generating profits to the saving groups. With ApA we have achieved financial independence for our saving groups. However, it is essential that we also teach them how to invest their money properly to add value to their businesses and community. "Savinco Rural" was born this year with the objective to create a marketplace that unites merchants with customers, hoteliers with tourists and sellers with buyers. A place where partners can boost their business, promote their products, increase their sales, and receive training to improve their business. It is also the channel through which small entrepreneurs can access large companies. For more information, visit our webpage (see English version)!