The Board of Directors determined the Group's main guidelines, particularly on issues related to our purpose, principles, vision, values, strategy, investments and actions on sustainability.

Thanks to the investments, the Board of Directors received more and better information for its decision-making processes.

The new formation of Grupo Compartamos included new companies: Aterna and Yastás and the expansion into Guatemala and Peru, with the firm objective of eradicating financial exclusion. This effort implied permanent growth and investment accompanied by strengthening the capacities of our corporate governance.

As a result of a more competitive environment, the expansion into new markets and marketing of new products, we created the Comercial Committee to complement the activities of the Audit, Corporate Practices, Executive, Finance and Planning Committees.

It is important to note that Compartamos Banco, Yastás and Aterna, in Mexico, Compartamos in Guatemala and Financiera Crear in Peru have their respective boards of directors, comprised of partners and independent directors with extensive experience and excellent track records.