Mutualista Pichincha

Established in 1961, Mutualista Pichincha is currently the largest savings and loan institution in Ecuador and the second largest mortgage issuer in the Ecuadorian financial system. The “Housing, Savings and Loan” Mutual Associations in Ecuador are private financial institutions, with a social purpose and nonprofit nature, whose main activity is to collect savings from clients and use them for house financing, building and promotion of housing projects, as well as providing other forms of family well-being products and services for its members. Mutualista Pichincha also leads the Ecuadorian mortgage loan securitization market.