The thesis behind Finnoba.
Why productive credit in LATAM is the investment opportunity that leaves the most capital on the table.
The problem in numbers
LATAM's financial system excludes the informal producer by design and forces a large share of the real economy to operate at usurious rates. The opportunity is structural.
Statistics to be published with verifiable source (IDB, World Bank, BCRP, Findexable).
Why traditional models fail
Bank scoring models exclude informal producers by design. The card history doesn't exist; the cash flow does.
Traditional microcredit charges usurious rates (5–10% monthly) that the entrepreneur does pay but that strangle growth and increase systemic risk.
Global platforms don't understand LATAM context and require collateral the target doesn't have. They import assumptions that don't apply.
Why Finnoba can
Origination based on real cash flow and reputation in validated communities. We see what a bank doesn't look at.
Small tickets ($300–800) that reduce individual risk and allow high diversification per investor.
Lean operation with proprietary technology that keeps costs low and enables fair rates on both sides of the table.
Current state
Finnoba operates since 2026 with v0.1 active. The first operations are deployed, cash flows are in collection and monthly reports are delivered to the initial investor. The next cycle opens expanded capacity to external investors.