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 $299,320 $2,059,747,905
Amount of raised Inactive loans $0 $315,425
Number of raised Inactive loans 0 367
Amount of Paying Back Loans $272,405 $151,590,125
Number of Paying Back Loans 402 179,148
Amount of Ended Loans $26,915 $1,862,548,250
Number of Ended Loans 52 2,515,843
Delinquency Rate 1.12% 11.65%
Amount in Arrears $2,405 $10,665,177
Outstanding Portfolio $201,143 $91,519,984
Number of Loans Delinquent 18 35,255
Default Rate 0.00% 1.83%
Amount of Ended Loans Defaulted $0 $34,066,956
Number of Ended Loans Defaulted 0 91,292
Currency Exchange Loss Rate 1.40% 0.47%
Amount of Currency Exchange Loss $4,529 $12,915,654
Refund Rate 0.00% 0.55%
Amount of Refunded Loans $0 $11,263,070
Number of Refunded Loans 0 9,868

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 74.63% 78.51%
Average Loan Size $659 $393
Average Individual Loan Size $659 $585
Average Group Loan Size $0 $1,913
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) 5.94% 7.03%
Average Time to Fund a Loan 13.08 days 9.13 days
Average Dollars Raised Per Day Per Loan $50.41 $43.03
  Average Loan Term 16.22 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,228,233
  Journaling Rate 0.00% 41.93%
  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 2023 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A N/A 27.12% PY
  Profitability (return on assets) 3.5% N/A -1.71%
  Average Loan Size (% of per capita income) N/A N/A 0.00%

Country Fast Facts

Lending Partner Staff

Jose Elias Ortiz
Gimena Torres
Ingrid Lorena Zarama