Accial Capital

Impact Story

FinMaq: Financing Productive Assets for Colombian SMEs

Accial Capital's investment in FinMaq supports small and medium-sized businesses in Colombia by financing equipment purchases and leases. FinMaq serves companies in construction, manufacturing, agriculture, and logistics. As of May 2026, Accial’s partnership with FinMaq has funded 581 small businesses, 35% of which are women-owned.

A recent impact survey found that 82% of clients reported increased business earnings as a result of equipment financed by FinMaq. Among clients who experienced an increase in business income, 39% reported that their earnings increased by more than 25%. This business growth is also generating employment: 38% of clients increased their number of paid employees because of FinMaq, with the median client adding 2 new jobs. By helping businesses grow, FinMaq is improving the lives of business owners, with seventy percent of clients reporting an improvement in their quality of life. One FinMaq client shared: "They gave me a hand when I needed it most. Getting that bulldozer opened a lot of doors for me. I no longer have to rent equipment, and that has lowered my costs a lot. With it, I have closed several large contracts and I am generating employment in the area."

Oxilaminas y Perfiles, a Bogotá-based company in the construction and automotive industries, became a FinMaq client after facing barriers to credit at traditional banks. With financing from FinMaq, the company acquired bending machines, cutting tables, and a compressor. This allowed them to access larger clients, grow their workforce, and increase revenues.

Impact Story

Alif: Sharia-Compliant Installment Financing for Consumers in Uzbekistan

Accial Capital's investment in Alif supports access to essential goods for consumers in Uzbekistan through Sharia-compliant installment financing and digital payment solutions. Alif's flagship product allows customers to purchase household appliances, digital devices, and everyday essentials through a mobile app with monthly installment plans. Accial’s debt facility with Alif has financed over 74,000 clients through May 2026, 54% of whom are women.

Accial conducted an end-client survey on Alif’s client with an impact measurement firm, gathering feedback from 172 Alif clients via Telegram chatbot. The results show that 92% of clients reported an improvement in their quality of life, with 56% reporting significant improvement. 86% said they worry less about their finances because of Alif, with 55% reporting significantly reduced financial worry. These results are well above the benchmark of comparable microfinance institutions in Asia, demonstrating Alif’s strong impact on financial wellbeing.

One client, a retired woman with a monthly pension of around $260, became an Alif client in 2023. She used her installment plan to purchase a sewing machine, allowing her to return to tailoring and save money on clothing costs for her family. Alif's Sharia compliance was a deciding factor for her. As one client put it: "The halal installment option aligns with my values, so I am able to purchase items I cannot otherwise afford in a lawful way. This gives me peace of mind and a sense of blessing in what I buy."

Impact Story

Vexi: Building Credit History for Underbanked Consumers in Mexico

Accial Capital's investment in Vexi supports expansion of financial access for underbanked individuals in Mexico by providing first-time access to a credit card. Many Vexi clients have no prior credit history, which limits their access to the formal financial system. In fact, 35% of clients did not have access to a credit card before Vexi, and 60% say they signed up for Vexi with the goal of building their credit history.

Accial conducted a survey with 195 Vexi clients across Mexico using a WhatsApp chatbot. The results showed that Vexi’s credit cards help clients to better manage their expenses, build a credit history, and improve financial resilience.  72% of clients reported an improved ability to manage their finances because of Vexi and 61% report that it is easier to handle an emergency expense because of Vexi. The survey results also demonstrated that in this case, consumer credit is funding productive use cases, as 31% of clients use their Vexi card to cover business expenses, with three-quarters of those business owners experiencing an increase in business earnings because of access to credit from Vexi.

One client used their Vexi card to build a credit record and eventually access a loan to purchase 3D printing machines for their micro-business. Another financed their studies through Vexi. As one client shared: "Vexi opened doors for me since it trusted me by approving a credit card without any history, which really helped me build a good credit record. Since starting this journey, I've been learning how to better manage my finances. Vexi remains one of the cards that has given me the most benefits compared to the others I have."

The information presented is provided by our portfolio partners for general informational purposes only. We have not independently verified for accuracy or completeness. The testimonials presented reflect the personal experiences and opinions of portfolio partners and their investees, and do not guarantee the same results for others.