AlphaMundi Group announces a USD 750,000 investment in Avanza Sólido

AlphaMundi Group announces a USD 750,000 investment in Avanza Sólido, Mexican Microfinance Institution focused on strengthening women's financial inclusion and economic empowerment Mexico City, Mexico – AlphaMundi Group, through its SocialAlpha Investment Fund (SAIF) has provided a USD 750K senior loan to Avanza Sólido, a gender-focused microfinance institution (MFI) based in Chiapas, Mexico, which provides loans to microentrepreneurs, mostly female clients, that usually underserved by traditional financial institutions. With SAIF’s loan, the company will expand its services in the south of Mexico and grow it’s customer base.