Caribbean Microfinance Alliance

Finatrust, de Trustbank

Eduard Kidjo, Director
Institution Contact Details
Name of Institution Finatrust, de Trustbank
Postal Address Dr. Sophie Redmondstraat 93
Country Suriname
Telephone (597) 476111
Fax (597) 472244
Website Address
Skype NA
Contact Persons Mr. Eduard Kidjo, Director
Mr. Clarence Tokromo, Micro Credit Coordinator
Category Of Membership Application Microfinance Provider
General Institutional Information
Current Legal Status Corporation
Objectives Finatrust, de trustbank N.V. is a dynamic institution with experts in the areas or saving, credit, investment and asset management. Our mission is aimed at initiating a process of awareness within the financially vulnerable groups in Suriname with regard to the great variety of possibilities the banking system has to offer to achieve personal well-being and prosperity, for them in particular and for Suriname in general.
Brief History The company was founded on the 30th of August 1989. Twenty-two years ago, the daring step was taken to establish Finatrust, the Trustbank NV. This historical milestone was on the 31th of October 2011. We commemorated our anniversary in the company of our loyal clients and dedicated employees. The community was at the heart of our activities as it is their loyalty and trust that has allowed Trustbank to grow to this stage. Trustbank has won this trust by constantly aiming, from the very beginning, at the sectors of society which traditionally had little or no entry to regular banking services.
Ownership Privately owned
Microfinance Operations Loans, Advice, Savings, Support
Main Funding Sources Development funds from the Dutch government through Ministry of Finance and Planning, based on a submitted business plan and approved through a 3 % loan for a total amount of SRD 1.6 million.
Main Challenges Delinquency Management, Expanding networks relations to generate more customer outreach
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