Confiamos Colombia SAS
Approved to post Kiva loans from: Colombia
Confiamos is a microfinance institution oriented to helping small farmers in the south of Colombia.
Repayment Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Start Date On Kiva | Sep 11, 2023 | Oct 12, 2005 | |
---|---|---|---|
Total Loans | $376,870 | $2,092,352,395 | |
Amount of raised Inactive loans | $0 | $568,900 | |
Number of raised Inactive loans | 0 | 255 | |
Amount of Paying Back Loans | $334,930 | $157,218,035 | |
Number of Paying Back Loans | 475 | 190,454 | |
Amount of Ended Loans | $41,940 | $1,886,355,055 | |
Number of Ended Loans | 80 | 2,547,545 | |
Delinquency Rate | 2.18% | 12.88% | |
Amount in Arrears | $5,636 | $12,503,656 | |
Outstanding Portfolio | $220,009 | $97,081,758 | |
Number of Loans Delinquent | 51 | 76,916 | |
Default Rate | 0.00% | 1.83% | |
Amount of Ended Loans Defaulted | $0 | $34,470,440 | |
Number of Ended Loans Defaulted | 0 | 91,776 | |
Currency Exchange Loss Rate | 1.23% | 0.47% | |
Amount of Currency Exchange Loss | $5,422 | $13,160,969 | |
Refund Rate | 0.00% | 0.54% | |
Amount of Refunded Loans | $0 | $11,312,085 | |
Number of Refunded Loans | 0 | 9,892 |
Loan Characteristics On Kiva
This Lending Partner | All Kiva Partners | ||
Loans to Women Borrowers | 72.57% | 78.58% | |
---|---|---|---|
Average Loan Size | $679 | $394 | |
Average Individual Loan Size | $679 | $584 | |
Average Group Loan Size | $0 | $1,918 | |
Average number of borrowers per group | 0 | 8.3 | |
Average GDP per capita (PPP) in local country | $11,100 | $5,591 | |
Average Loan Size / GDP per capita (PPP) | 6.12% | 7.04% | |
Average Time to Fund a Loan | 12.94 days | 9.17 days | |
Average Dollars Raised Per Day Per Loan | $52.46 | $42.95 | |
Average Loan Term | 16.25 months | 11.5 months |
Journaling Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Total Journals | 0 | 1,245,773 | |
---|---|---|---|
Journaling Rate | 0.00% | 41.88% | |
Average Number of Comments Per Journal | 0.00 | 0.02 | |
Average Number of Recommendations Per Journal | 0.00 | 0.54 |
Borrowing Cost Comparison (based on 2023 data)
This Lending Partner | Median for MFI's in Country | All Kiva Partners | ||
Average Cost to Borrower | N/A | N/A | 27.70% PY | |
---|---|---|---|---|
Profitability (return on assets) | 3.5% | N/A | -2.47% | |
Average Loan Size (% of per capita income) | N/A | N/A | 0.00% |
Country Fast Facts
- Country:
- Colombia
- Capital:
- Bogota
- Official Language:
- Spanish
- Population:
- 46,245,297
- Avg Annual Income:
- $11,100
- Labor Force:
- agriculture: 17%, industry: 21%, services: 62%
- Population Below Poverty Line:
- 32.70%
- Literacy Rate:
- 93.60%
- Infant Mortality Rate (per 1000):
- 15.02 deaths
- Life Expectancy:
- 75.25 years
Lending Partner Staff
Jose Elias OrtizGimena Torres
Ingrid Lorena Zarama