Socremo

Socremo (Sociedade de Crédito de Moçambique), officially known as Socremo, Microbanco, S.A, is a specialized microfinance bank in Mozambique. The bank focuses primarily on providing financial services to micro, small, and medium enterprises (MSMEs), particularly those in the informal sector who have traditionally been excluded from conventional banking services.

Socremo operates as a commercial bank with a microfinance specialization, serving low-income populations and entrepreneurs across multiple provinces in Mozambique. The bank is backed by international development finance institutions and has become one of the leading microfinance institutions in the country.