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Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner. ? Partner description: Based in Chiapas and founded in 2011, Avanza S"lido is a relatively young micro-finance institution. Their mission is to strengthen the economic independence of women and their families by providing financial products and wrap-around services that contribute to long-term community welfare. They provide individual and group loans, with a focus on women and rural populations. ? ? A unique lending approach: Avanza S"lido's winning formula is clear:" appropriate/affordable credit + social programs = sustainable impact. In the competitive micro-finance market of Southern Mexico, Kiva funding helps Avanza S"lido to offer below market interest rates and a suite of non-financial services. These wrap-around services are grouped into 3 programatic areas: women?s social and economic empowerment, health care (principally preventive and reproductive), and environment (for example, technologies/strategies to more efficiently use energy and water in businesses or households).

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Oct 17, 2024 Oct 12, 2005
Total Loans $4,575 $2,067,281,190
Amount of raised Inactive loans $0 $213,425
Number of raised Inactive loans 0 161
Amount of Paying Back Loans $4,575 $156,651,605
Number of Paying Back Loans 5 187,608
Amount of Ended Loans $0 $1,865,122,055
Number of Ended Loans 0 2,517,579
Delinquency Rate 0.00% 12.87%
Amount in Arrears $0 $12,439,958
Outstanding Portfolio $114 $96,666,009
Number of Loans Delinquent 0 65,440
Default Rate 0.00% 1.83%
Amount of Ended Loans Defaulted $0 $34,090,364
Number of Ended Loans Defaulted 0 91,342
Currency Exchange Loss Rate 0.00% 0.47%
Amount of Currency Exchange Loss $0 $12,915,654
Refund Rate 0.00% 0.54%
Amount of Refunded Loans $0 $11,266,070
Number of Refunded Loans 0 9,869

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 60.00% 78.52%
Average Loan Size $915 $393
Average Individual Loan Size $915 $585
Average Group Loan Size $0 $1,914
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $15,600 $5,593
Average Loan Size / GDP per capita (PPP) 5.87% 7.03%
Average Time to Fund a Loan 1.15 days 9.15 days
Average Dollars Raised Per Day Per Loan $793.11 $42.97
  Average Loan Term 6.6 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,230,242
  Journaling Rate 0.00% 41.91%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.55

Borrowing Cost Comparison (based on 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 74.00% PY 27.12% PY
  Profitability (return on assets) 3.77% 1% -1.71%
  Average Loan Size (% of per capita income) N/A 4.00% 0.00%

Country Fast Facts

Lending Partner Staff

Daniel Gomez Espinosa
Katia Navarro
David Salinas