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 | $358,045 | $2,082,675,415 | |
Amount of raised Inactive loans | $0 | $820,250 | |
Number of raised Inactive loans | 0 | 271 | |
Amount of Paying Back Loans | $316,105 | $150,707,570 | |
Number of Paying Back Loans | 453 | 180,518 | |
Amount of Ended Loans | $41,940 | $1,883,307,535 | |
Number of Ended Loans | 80 | 2,544,680 | |
Delinquency Rate | 1.56% | 12.73% | |
Amount in Arrears | $3,744 | $11,566,990 | |
Outstanding Portfolio | $210,489 | $90,860,631 | |
Number of Loans Delinquent | 26 | 40,813 | |
Default Rate | 0.00% | 1.83% | |
Amount of Ended Loans Defaulted | $0 | $34,455,658 | |
Number of Ended Loans Defaulted | 0 | 91,722 | |
Currency Exchange Loss Rate | 1.30% | 0.47% | |
Amount of Currency Exchange Loss | $5,422 | $13,160,867 | |
Refund Rate | 0.00% | 0.54% | |
Amount of Refunded Loans | $0 | $11,296,185 | |
Number of Refunded Loans | 0 | 9,885 |
Loan Characteristics On Kiva
This Lending Partner | All Kiva Partners | ||
Loans to Women Borrowers | 73.63% | 78.57% | |
---|---|---|---|
Average Loan Size | $672 | $393 | |
Average Individual Loan Size | $672 | $584 | |
Average Group Loan Size | $0 | $1,917 | |
Average number of borrowers per group | 0 | 8.3 | |
Average GDP per capita (PPP) in local country | $11,100 | $5,592 | |
Average Loan Size / GDP per capita (PPP) | 6.05% | 7.04% | |
Average Time to Fund a Loan | 12.87 days | 9.16 days | |
Average Dollars Raised Per Day Per Loan | $52.21 | $42.93 | |
Average Loan Term | 16.21 months | 11.5 months |
Journaling Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Total Journals | 0 | 1,239,969 | |
---|---|---|---|
Journaling Rate | 0.00% | 41.84% | |
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 | 27.52% PY | |
---|---|---|---|---|
Profitability (return on assets) | 3.5% | N/A | -2.59% | |
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