AMC, based in El Salvador, obtains a Social Performance and Impact Rating

AMC de R.L. de C.V. (AMC), a Saving and Loans Cooperative established in 2000, with the purpose of providing financial services to low-income entrepreneurs, has achieved an SPIR3 rating.

Santiago Arnaudin, Director of Social Ratings at I[SR] said: “As positive aspects, the development of an environmental policy, the measurement of the level of poverty of its clientele, and the marked orientation towards rural areas stand out. Likewise positive, is the high willingness of the management team to improve in terms of social performance and its great receptivity to external feedback. The breakdown of AMC’s social mission into social objectives and measurable indicators is emphasized as an opportunity for improvement that could affect positively the rating going forward.”

Click here to access AMC’s Social Impact and Performance Rating.