(Press Release) Capital Indigo announced that its fund Indigo 1 made an investment in CrediConfía, a growing Microfinance Institution (MFI) providing credit primarily to micro-entrepreneurs and small-business owners in Mexico.

Bernardo Paasche, Managing Partner of Capital Indigo, commented: “Indigo is enthusiastic to partner with Crediconfía’s experienced management team and shareholders, including Accion. We look forward to contributing to the company’s accelerated growth over the coming years.”

Fernando Pizzuto, CrediConfia´s CEO, said: “With Indigo´s investment and support, we will be able to continue strengthening our focus on understanding and serving the needs of our customers. Our goal is to become the leading MFI in Mexico offering innovative credit solutions to micro and small businesses.”

Diego Guzmán, Accion’s Chief Regional Officer, Latin America stated: “We have developed a deep and productive collaboration with CrediConfía over the years and are optimistic that the new partnership with Capital Indigo will help expand the company’s mission of financial inclusion across Mexico.”