@vitasgroup.com
Vitas GroupFinancing a Better World Vitas Group is a for-profit holding company that operates a network of microfinance companies, predominantly in the Middle East.
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Vitas Group, created by Global Communities, is a for-profit holding company that operates a network of microfinance companies primarily in the Middle East. With over 20 years of experience, Vitas Group is dedicated to providing reliable and affordable financing to micro, small, and medium enterprises. As the only investment vehicle for impact investors in the region, Vitas Group has disbursed over $3 billion to more than 1 million customers, with an annual default rate below two percent.
Vitas Group believes that all individuals should have access to financial services that help them realize their potential and become active participants in their communities. They strive to foster long-term development by offering financial products and services tailored to their clients' needs. Vitas Group operates in Romania, Palestine, Lebanon, Jordan, and Iraq, serving a total of 75,000 active clients and maintaining a current outstanding portfolio of $258 million.
With a commitment to social impact, Vitas Group utilizes a personalized door-to-door sales approach for unbankable loans, underwriting loans with minimum collateral. They actively pursue strategic partnerships and opportunities for expansion beyond the Middle East and North Africa region. Vitas Group also has a proprietary client management platform and an experienced management team, ensuring a proven track record of impact investment
Company Type
Privately Held
Company Size
1001-5000
Year Founded
2011
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