
Our primary role is to finance SMEs, who are exploring or already processing minerals. Many of these family-owned enterprises lack revenue so we can help them build up their liquidity and advise them on how to expand capacity. The majority of our loans range between US$5-10 million. We make sure that small miners comply with all the national and international standards when it comes to sustainability, taxation and information disclosure. FIFOMI is the only institution in Mexico to offer this kind of service to small and medium-sized miners. Our long-term goal is to encourage medium-sized mining companies in Mexico to obtain funds from the capital markets. We are already in discussions with the BMV to see how we can facilitate the entry of mining companies onto the stock exchange to raise capital - it is the most efficient form of achieving sustainable growth.
