Mexico City, Mexico, January 14, 2026: Fincomun, a microfinance institution in Mexico, announces a new collaboration with global nonprofit Accion and the Mastercard Center for Inclusive Growth (the Center) that aims to connect historically underserved micro, small and medium enterprises (MSMEs) to financial services, and improve income resilience to financial shocks.
Accion will work with Fincomun to develop embedded and digitally-enabled working capital credit for MSEs by crunching alternative data to help maximize eligibility and access. Working alongside third-party partnerships with companies such as Bimbo, Accion and Fincomun will test the effectiveness of using non-traditional data sources to further customize financial services for small business owners and assess creditworthiness.
David Romero Morfín, Director General de Fincomún, said: Driven by our mission to promote financial inclusion, Fincomun is well-positioned to address the finance gap for microentrepreneurs and low-income individuals with limited access to financing. To date, Fincomun has disbursed over 3 million loans to more than 500,000 clients, 40% of whom had never accessed a financial service before. Digital channels can make hard-to-reach microentrepreneurs visible to the financial system by looking at alternative data. With Accion’s expertise in using tech innovation to digital channels that can reach underserved entrepreneurs, and support from the Mastercard Center for Inclusive Growth, we have the opportunity to reach business owners where they live and work.”
Working capital credit products, with terms that are customized to regular business cycles, have short turnaround times for disbursement. Customer experiences that seamlessly integrate into business processes have the power to help mitigate the impact of financial shocks. They can enable small entrepreneurs to maintain stock during liquidity shortages or replenish inventory following flood damage, for example. However, access to working capital requires a financial data trail for their credit assessment and a digital experience that balances convenience and a high capacity to use those digital channels.
Miquel Jordana, Director of Digital Transformation at Accion Advisory, said: “Today, many small businesses in Mexico are unable to access working capital because they have thin credit history files, or no footprint at all. Through our partnership with Fincomun, with support from the Mastercard Center for Inclusive Growth, we’re aiming to change that, helping reduce costs and, most importantly, the time it takes to access and use financial services. At Accion we believe that innovative tech built right can drive financial inclusion for those who are currently excluded from the formal financial system. Partnerships with third parties like Bimbo provides access to a wealth of non-traditional data on small businesses across Mexico, helping deliver products tailored to their unique needs.”
While mobile technologies have expanded access to digital tools, MSMEs tend to require additional support in their adoption. Despite a large amount of data being generated, many micro-entrepreneurs remain “thin file” as financial institutions lack the partnerships or capacity to access and utilize non-traditional sources of information within the credit cycle.
Jonathan Fantini-Porter, senior vice president at the Mastercard Center for Inclusive Growth, commented: “Small businesses are the backbone of the economy but still struggle to access financing options. This collaboration with Fincomun and Accion acknowledges the need to expand access to well-designed credit for small businesses, building on the work we’ve done to reach more than 400,000 small businesses with digital tools and resources in Mexico. When we close this credit gap, we can unlock productivity, strengthen local supply chains, and enable entrepreneurs—especially women and informal workers—to invest, grow, and create quality jobs.”
MSMEs represent nearly 99% of all businesses in Mexico, contributing 52% of the country’s GDP and creating 72% of jobs. Despite their essential contributions to the economy, they operate mostly in a cash-based informal economy. Only 15% of MSMEs have access to financing, leaving them vulnerable to macroeconomic, climate, and supply chain shocks.
The impact of these products and services on MSME financial health will be measured and analysed to generate insights and learnings that can help inform wider replication. This work will build upon Accion and the Center’s success leveraging alternative data sources and digital partnerships to expand access to financial services globally.
This initiative is part of Accion’s 8-year partnership with the Mastercard Center for Inclusive Growth that supports the transformation of financial service providers, digital platforms, and fintechs, and aims to help 23 million people across 25 countries benefit from the digital economy.
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About Accion
Accion is a global nonprofit on a mission to create a fair and inclusive economy for the nearly two billion people who are failed by the global financial system. We develop and scale responsible digital financial solutions for small business owners, smallholder farmers, and women, so they can make informed decisions and improve their lives. Through targeted investment strategies, advisory solutions, and expert thought leadership, we work with local partners to develop and scale cheaper, more accessible, and customer-friendly financial solutions. Since 1961, Accion has helped build 285 financial service providers serving low-income clients in 77 countries, reaching 478 million people. More at https://www.accion.org.
About Fincomun
Fincomún Servicios Financieros is a Mexican financial institution with over 30 years of experience, recognized as the first authorized SOFIPO (Savings and Loan Cooperative) in Mexico. Its mission is to contribute to the country’s development by promoting financial inclusion, offering savings, credit, and insurance products to families, micro-enterprises, and communities with limited access to the traditional financial sector. Fincomún has nationwide coverage and is supported by a team of more than 1,200 employees and strategic alliances that allow it to serve a diverse range of segments.
About Mastercard Center for Inclusive Growth
The Mastercard Center for Inclusive Growth advances equitable and sustainable economic growth and financial inclusion around the world. The Center leverages the company’s core assets and competencies, including data insights, expertise, and technology, while administering the philanthropic Mastercard Impact Fund, to produce independent research, scale global programs, and empower a community of thinkers, leaders, and doers on the front lines of inclusive growth. For more information and to receive its latest insights, follow the Center on LinkedIn, Instagram and subscribe to its newsletter.
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Media Contact
Accion
Sally Bohrer
Manager, Public Relations
sbohrer@accion.org