• This agreement will benefit residents of PDET municipalities such as Puerto Rico, Puerto Concordia, Vista Hermosa, and Puerto Lleras, in the southern region of the Meta department, who are working to protect 42,000 hectares of forest.

• Bancamía’s role in this agreement focuses on promoting financial well-being for communities in this part of Meta by implementing financial inclusion and health processes.

• Through the “Creciendo Juntos” (Growing Together) initiative, Bancamía will carry out training sessions to help families build their capacity to make sound financial decisions and move forward in the path toward financial inclusion.

Bogotá D.C., May 22, 2025. To link environmental conservation with economic development and financial inclusion, Bancamía, a member of the BBVA Microfinance Foundation, and the company ALLCOT have signed a collaboration agreement to support more than 900 families from PDET municipalities in the south of the Meta department through financial, economic, and environmental education.

This initiative will be carried out within the framework of the REDD+ Sur del Meta project, led by ALLCOT, which aims to halt deforestation in the region through productive projects, improving the quality of life for local communities, and conserving 42,000 hectares of forest with the potential to capture 259,937 tons of CO₂.

Bancamía’s role in this agreement, aligned with its sustainability strategy “El latido que nos sostiene” (“The heartbeat that sustains us”), focuses on promoting well-being for clients and communities in this part of Meta by implementing financial inclusion and health processes aligned with environmentally friendly alternatives that help residents adapt to and mitigate climate change.

This vision also seeks to contribute to social development, the protection of natural resources, and sustainable economic growth across Colombia. In addition, through the “Creciendo Juntos” initiative, Bancamía will conduct training sessions under this agreement to help families build financial awareness, plan their income, avoid over-indebtedness, and access financial products such as loans, savings, investment, and insurance that strengthen their productive activities and support their future.

Thanks to this agreement, the participating families will not only have access to tools to improve their financial management but will also strengthen their knowledge on sustainability, responsible use of natural resources, and the generation of sustainable income. This will allow them to turn their earnings into real opportunities for productive development, reducing economic dependency and promoting autonomy in decision-making.

In a second phase, the alliance will focus on facilitating access to productive credit, so families who completed financial education processes can implement agricultural and livestock activities in their productive units, increasing household income, investing in their businesses, and developing skills for responsible resource management, ecosystem conservation, and climate change mitigation.

“We know that financial knowledge is a powerful tool to transform lives. That’s why we work to ensure that people have clarity on managing their resources, build long-term well-being, and find in financial inclusion a path toward sustainable development. This alliance with ALLCOT allows us to expand that impact to communities also committed to forest protection and climate action,”
said Diana González, Vice President for Productive Client Development at Bancamía.

The agreement between Bancamía and ALLCOT, she added,

“becomes a benchmark for how collaborative work between the financial sector and environmental stakeholders can lead to deep, territory-based impact.”

For his part, Alexis L. Leroy, CEO and founder of ALLCOT, stated:

“This agreement proves that climate action is not only compatible with local economic development—it can be a driving force behind it. At ALLCOT, we firmly believe that protecting forests requires empowering the communities that safeguard them. This alliance with Bancamía, supported by CGAP, allows us to turn that vision into action, generating environmental, social, and financial value from the heart of the territory.”

About ALLCOT
ALLCOT is an international organization with a presence in Colombia, Spain, and Mexico. It leads environmental projects that promote corporate sustainability and greenhouse gas (GHG) emissions reduction, under strict international standards and with a zero-tolerance ethical commitment to bribery.