National Financing-Development Bank

SDG 8: Decent work and economic growth
  • Year: 2007
  • Award: World Summit Award
  • Category: Uncategorized
  • Organisation: Nacional Financiera, S.N.C.
  • Country: Mexico
  • URL:

NAFIN´s website has developed a strong set of resources to help small and medium businesses overcome the long term credit terms of the big enterprises by an online system for Factoring. It fosters the development of Mexican SMEs by providing otherwise scarce and expensive credit and reducing costs and eliminating red tape through online services. Credit worth over US $40 billion has been already provided. NAFIN uses the internet to bring factoring, financing, training, technical assistance and real time valuable business information to small and medium businesses (SMEs). Other services include: eLearning, an on line B2B SMEs marketplace and selling opportunities to the Government. Everything works transparent making this site a must for all businesses in Mexico.