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- EIN 20-3154063
- (415) 230-4330
- 5758 Geary Blvd 261 San Francisco CA 94121-2112 USA
- www.mcesocap.org
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Nonprofit Overview
Causes: Microfinance, Small Business Development
Mission: To reduce poverty by mobilizing private sector investment capital to finance micro-businesses, small and medium sized enterprises, and similar organizations to improve human lives throughout the developing world.
Programs: During 2016, mce social capital issued $23 million in new loans to 27 microfinance institutions. At the end of 2016, mce's total outstanding portfolio of loans was $46. 2 million held by 53 microfinance institutions (mfi) and small and medium-sized enterprises (sme's). This capital will be used to support the development of micro-businesses of poor entrepreneurs in 33 countries around the world. Since disbursing its first loan in 2006, mce has financed loans for over 400,000 micro-borrowers, impacting the lives of over 1. 9 million individuals in more than 30 countries. Mce focuses its lending activites on women borrowers living in rural areas.