General Manager: Pablo Obregón
Active Borrowers: 11,363
Active Portfolio: $15,587,000
Average First Loan: $1,157
Portfolio at Risk > 30 Days: 23.92%
Savers: n/a
Savings Balance: n/a
Statistics as of December 2009

Mission: Fundación Mario Santo Domingo (FMSD) is a private, nonprofit organization dedicated to developing programs for the poorest sections of the population.

History: Mario Santo Domingo, a successful entrepreneur in the city of Barranquilla, established his foundation in 1960. Originally named La Fundación Barranquilla, the foundation supported educational institutions and other organizations dedicated to philanthropic work. A change came in 1989, when the board of directors voted to change the name to Fundación Mario Santo Domingo, and refocus efforts. Currently, the foundation's goals include improving living conditions for destitute families, retraining workers, constructing homes for the poor, and supporting microenterprise development with loans and business training.

ACCION's Role: ACCION has licensed FMSD to offer ACCION Dialogue on Business, its fifty module training program for microentrepreneurs. FMSD is the principle provider of this program in Colombia. ACCION also played an integral role in the development of FMSD’s current credit methodology: solidarity group lending. This model has become the base for FMSD’s microfinance program, thus, the majority of FMSD borrowers are members of solidarity groups.

In 2005, ACCION and FMSD jointly established Centro de Formación Empresarial (CFE), an official microenterprise training center in Bogotá. This center is now offering a full spectrum of training services to the Colombian microenterprise community using ACCION Dialogue on Business. 

Where They Work: FMSD works in the coastal cities of Colombia. Regional Headquarters are located in Barranquilla.