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(opens in a new tab)República Microfinanzas
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Other LenderMicrofinance Bank
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Go to Website (opens in a new tab)About República Microfinanzas
República Microfinanzas S.A. (RMF) is a state-owned microfinance institution in Uruguay, wholly owned by Banco de la República Oriental del Uruguay. Headquartered in Montevideo, it specializes in providing responsible financing to microenterprises, small businesses, self-employed professionals, informal entrepreneurs, farmers, and small producers who may have limited access to traditional bank financing. República Microfinanzas is supervised by the Central Bank of Uruguay but is not authorized to accept deposits.
Amount
-
Tenor
-
Min. approval time
24 hrs
Countries
Created on
June 2026
Last updated
June 2026
Requirements
The basic requirements to apply for a loan on República Microfinanzas include:
- • Must be at least 18 years old.
- • Must not be older than 75 years at the end of the loan term.
- • Must be a Uruguayan citizen or have at least 2 years of legal residence in Uruguay.
- • Must have a valid Uruguayan Identity Card (Cédula de Identidad).
- • Must have no outstanding defaults in the Clearing de Informes or the Uruguayan financial system.
- • Must provide proof of residential address.
- • Must provide proof of business activity, where applicable.
- • Informal businesses must generally have at least 6 months of operation (or 3 months if operating from a commercial premises).
- • Formal businesses may need to provide BPS and DGI certificates, tax documentation, or financial statements depending on the business type.
How to Apply
To apply for a loan with República Microfinanzas , visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
