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 | $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
- 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