Certified B Corporation

Mexico City, Mexico

Certified Since

May 2012


Service with Minor Environmental Footprint

Operates In


Founded by a group of Mexican entrepreneurs headed by Francisco Vizcaya, FINAE is a social impact financial institution specialized in student loans in order to support Mexican students who do not have enough financial resources to pay for their undergraduate tuitions. FINAE provides the students a product that allows them to study in a qualified University at an affordable monthly payment. Once they start working, they are able to payback without having a high impact in their expected income. Founded in October 2006, FINAE grants its first student loans in November 2007. The idea of offering student loans emerged as a solution to the actual situation of public universities: every year, about 350,000 youngsters in age to attend college are not able to do it because public universities are overcrowded and they lack of resources to pay for a private university. There are 10 million students between 19 and 23 years old, of which only 3 million goes to college, that is to say, there are more than 7 million college-age youngsters who do not study, which is equivalent to almost the entire population of Switzerland, or the entire population of Chicago.

Overall B Impact Score

Based on the B Impact assessment, FINAE SAPI DE CV SOFOM ENR earned an overall score of 103.4. The median score for ordinary businesses who complete the assessment is currently 50.9.
103.4 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 12.4

The Governance Impact Area evaluates a company's overall mission, engagement around its social and environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement1.0
+ Mission Locked2.5

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.

Workers 16.1

The Workers Impact Area evaluates a company's contributions to its employees' financial security, health and safety, wellness, career development, as well as overall engagement and satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Compensation & Wages3.4
Worker Benefits4.3
Training & Education2.9
Worker Ownership0.7
Management & Worker Communication1.7
Human Rights & Labor Policy0.9
Occupational Health & Safety2.0

Community 23.5

The Community Impact Area evaluates a company's engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity, and inclusion; economic impact; civic engagement; charitable giving; and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Job Creation5.0
Diversity & Inclusion5.3
Civic Engagement & Giving1.6
Local Involvement4.4
Suppliers, Distributors & Product6.0

Environment 6.6

The Environment Impact Area evaluates a company's overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company's operations and, when applicable, its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Land, Office, Plant3.8

Customers 44.8

The Customers Impact Area evaluates a company's stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts and media products, serving underserved customers or clients, and services that improve the social impact of other businesses or organizations.

+ Portfolio Reporting3
+ Serving In Need Populations25.4
+ Targeted for Investment4.8
+ Leadership & Outreach3.4
+ Investment Criteria3.5
+ Portfolio Management4.6

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.

Previous Overall B Impact Scores

2015 Overall B Impact Score103.4
2013 Overall B Impact Score114.5
2013 Overall B Impact Score128

Best for the World

Each year, B Lab releases lists honoring the top-performing Certified B Corporations overall as well as within each Impact Area.

Best For The World: Customers2019
Best For The World: Overall2019
Best For The World: Customers2018
Best For The World: Customers2017
Best For The World: Customers2016
Best For The World: Overall2015
Best For The World: Community2014
Best For The World: Overall2014
Best For The World: Community2013

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