Grupo Elektra offers appliances, consumer electronics, furniture, motorcycles, mobile phones, computers, as well as electronic money transfer business and extended warranties, among many other products. William Webster IV is chairman of the board. According to the World Bank, Banco Azteca has a positive impact on the development of numerous communities through micro financing. Try it ! On the deposit side, the bank offers a variety of savings products for its target market, with interest-bearing accounts that can be opened with one peso and do not generate commissions. (, Community Financial Services Association of America website. Where we Are", "Grupo Elektra anuncia crecimiento de 87% de utilidad de operación en segundo trimestre 2016 (Spanish)", "Carta de los directores generales (Spanish)", "Banco Azteca te ofrece los mejores productos financieros (Spanish)", "2014 Global Financial Development Report", https://www.sec.gov/Archives/edgar/data/1299704/000104746911001973/a2202472z10-k.htm, http://investing.businessweek.com/research/stocks/people/people.asp?ticker=AEA:US, http://cfsaa.com/about-cfsa/2011-cfsa-members.aspx, "Suplemento definitivo Elektra 2016 (Spanish)", "Banco Azteca comienza operaciones en 749 sucursales por todo México (Spanish)", "Grupo Elektra concluye con éxito adquisición de Advance America (Spanish)", "Grupo Elektra anuncia el inicio de operaciones de Punto Casa de Bolsa (Spanish)", https://en.wikipedia.org/w/index.php?title=Grupo_Elektra&oldid=983375446, Financial services companies established in 1950, Companies listed on the Mexican Stock Exchange, Companies listed on the Madrid Stock Exchange, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License. Salinas y Rocha founded as a furniture store. It is listed on the Bolsa Mexicana de Valores (ELEKTRA*) and on the Spanish Stock Market Latibex (XEKT). The Elektra Group is the sum of the companies that form it. [14], Advance America does not franchise any of its centers in the United States or Canada and does not provide pawn lending. These companies have been joining one after the other to eventually make up a group with the same values and identity. En el mismo podrás encontrar soluciones para todo tipo de instalaciones, incluyendo el equipamiento eléctrico completo. [11], Banco Azteca offers consumer and personal loans, credit cards, pawn lending, and group and commercial loans.[12]. [10], Grupo Elektra sells close to 1 of every 4 televisions commercialized in Mexico, 1 of every 5 refrigerators, 7 of every 10 motorcycles, and pays a substantial proportion of the electronic money transfers from the United States into Mexico.[11]. It also offers non-bank short-term loans in U.S. Descubre en Elektra una gran variedad de productos con ofertas increíbles. Te asesoramos desde el inicio del proyecto hasta el soporte técnico de la instalación. Grupo Elektra is a Mexican financial and retailing corporation established by Hugo Salinas Price. As of December 31, 2013, Advance America operated over 2,500 lending centers in 29 states and 18 centers in Canada. The Elektra Group has been growing since 1978, and has gradually been incorporating companies that share its vision. [15], Advance America provides its cash advances in small-denomination, short-term amounts. Translate the description back to Spanish (Spain), By purchasing this item, you are transacting with Google Payments and agreeing to the Google Payments. Accessed July 20, 2011. Translate the description into English (United States) using Google Translate? !. Cookies help us deliver our services. Air duct calculator designed for heating and air conditioning professionals. Monitors the Midnite Solar Classic & Tristar MPPT charge controllers. It has 1,143 points of sale throughout Mexico and Central and South America, focused to underserved social classes. Compra con Crédito Elektra aprovechando beneficios de pago y envío de tu pedido. [6] The company operates through two divisions to satisfy the needs of its customers: commercial and financial. (, "Advance America Cash Advance: CEO & Executives." The Group operates more than 7,000 points of contact in Mexico, the United States, Guatemala, Honduras, Peru, Panama and El Salvador. [14] The advances are due on the customer's next payday. [14] The company is a member of the Community Financial Services Association of America.[16]. Grupo Elektra pone a disposición de todos los usuarios su catálogo solar para instalaciones de energía solar-fotovoltaica. [9], Elektra is the most important store format of the company. As a result, these sources of work beneficiated low-income population segments that are the target market of Banco Azteca, which improved income distribution. Grupo Elektra pone a disposición de todos los usuarios su catálogo solar para instalaciones de energía solar-fotovoltaica. Advance America is a short-term non-bank loan provider in the United States[8][17] and, Punto Casa de Bolsa offers financial brokerage services to the middle class of the population. Compra con Crédito Elektra aprovechando beneficios de pago y envío de tu pedido. In retail, Grupo Elektra targets consumers at the base of the socio-economic pyramid in Latin America, offering world-class brands in electronics, household appliances, furniture, transportation, telephones, computers, electronic money transfers and extended warranties, … It offers its services to sectors that have been underserved by traditional financial institutions through Banco Azteca, Seguros Azteca, Afore Azteca, Advance America and Punto Casa de Bolsa. [10] The groups older Salinas y Rocha store format has 51 stores and its target market is made of the middle class. Mexican financial and retailing corporation, "Advance America, Cash Advance Centers, Inc. Consolidated Statements of Income." It also offers non-bank short term loans in the US. By using our services, you agree to our use of cookies. This page was last edited on 13 October 2020, at 22:00. Descubre en Elektra una gran variedad de productos con ofertas increíbles. Grupo Elektra SA de CV engages in providing financial and retail services. Advance America is a payday loan provider in the United States, founded in 1997. The company has operations in Latin America and is the largest non-bank provider of cash advance services in the United States.