Conserva
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:
Conserva is a Mexican microfinance institution that grants microcredits to women, mainly in the southern states of Mexico. Conserva began operations in the year 2000 in the state of Chiapas, a location that continues as its main operating area. It was started with the idea of improving women´s quality of life through education and financing opportunities. Conserva has group-lending, individual lending and home improvement loans as well as life insurance. Conserva also has social programs focused on women's preventive health, financial education and environmental training.
Repayment Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Start Date On Kiva | Mar 7, 2023 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $5,373,485 | $2,046,857,240 | |
| Amount of raised Inactive loans | $3,225 | $329,125 | |
| Number of raised Inactive loans | 1 | 224 | |
| Amount of Paying Back Loans | $1,021,525 | $154,628,025 | |
| Number of Paying Back Loans | 299 | 186,271 | |
| Amount of Ended Loans | $4,348,735 | $1,851,013,910 | |
| Number of Ended Loans | 1,092 | 2,491,542 | |
| Delinquency Rate | 5.19% | 12.11% | |
| Amount in Arrears | $29,325 | $11,277,316 | |
| Outstanding Portfolio | $341,469 | $93,149,537 | |
| Number of Loans Delinquent | 25 | 54,545 | |
| Default Rate | 0.00% | 1.82% | |
| Amount of Ended Loans Defaulted | $0 | $33,742,451 | |
| Number of Ended Loans Defaulted | 0 | 88,997 | |
| Currency Exchange Loss Rate | 0.85% | 0.47% | |
| Amount of Currency Exchange Loss | $68,098 | $12,725,634 | |
| Refund Rate | 0.00% | 0.53% | |
| Amount of Refunded Loans | $0 | $10,938,345 | |
| Number of Refunded Loans | 0 | 9,670 |
Loan Characteristics On Kiva
| This Lending Partner | All Kiva Partners | ||
| Loans to Women Borrowers | 99.05% | 78.48% | |
|---|---|---|---|
| Average Loan Size | $607 | $393 | |
| Average Individual Loan Size | $2,013 | $586 | |
| Average Group Loan Size | $3,871 | $1,910 | |
| Average number of borrowers per group | 6.4 | 8.3 | |
| Average GDP per capita (PPP) in local country | $15,600 | $5,593 | |
| Average Loan Size / GDP per capita (PPP) | 3.89% | 7.02% | |
| Average Time to Fund a Loan | 11.08 days | 9.12 days | |
| Average Dollars Raised Per Day Per Loan | $54.77 | $43.09 | |
| Average Loan Term | 4.13 months | 11.5 months |
Journaling Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Total Journals | 354 | 1,221,186 | |
|---|---|---|---|
| Journaling Rate | 30.97% | 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 | 26.44% PY | |
|---|---|---|---|---|
| Profitability (return on assets) | 1.74% | 1% | -1.28% | |
| Average Loan Size (% of per capita income) | N/A | 4.00% | 0.00% |
Country Fast Facts
- Country:
- Mexico
- Capital:
- Mexico City
- Official Language:
- Spanish 92.7%, other indigenous languages 5.7%
- Population:
- 120,286,655
- Avg Annual Income:
- $15,600
- Labor Force:
- agriculture: 13.4%, industry: 24.1%, services: 61.9%
- Population Below Poverty Line:
- 52.30%
- Literacy Rate:
- 93.50%
- Infant Mortality Rate (per 1000):
- 12.58 deaths
- Life Expectancy:
- 75.43 years
Lending Partner Staff
Pablo Antonio Colli VenturaMiguel de Jesus Sanchez Lara