ARREND was created in 1994 with the objective of providing vehicle and machinery leasing services to entrepreneurs in Guatemala. ARREND focuses mainly on the fields of sugar, commerce, construction and services offering leases of vehicles and specialized machinery. In 2010, ARREND expanded by opening offices in Honduras, Nicaragua and El Salvador thus marking its footprint as a regional player.
The majority of Arrend’s portfolio is directly invested in SMEs (average exposure is € 24,846).
Arrend helps domestic firm’s access to foreign technology when they have neither the financial resources nor the expertise to import capital goods. Financing Arrend encourages a better diversification of financial actors and the development of more diverse products.
Location: Guatemala, Guatemala City