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 $267,945 $2,048,758,690
Amount of raised Inactive loans $0 $348,325
Number of raised Inactive loans 0 296
Amount of Paying Back Loans $250,470 $153,933,040
Number of Paying Back Loans 377 183,991
Amount of Ended Loans $17,475 $1,852,324,370
Number of Ended Loans 37 2,496,556
Delinquency Rate 1.16% 11.72%
Amount in Arrears $2,326 $10,838,102
Outstanding Portfolio $178,777 $92,466,642
Number of Loans Delinquent 17 38,146
Default Rate 0.00% 1.82%
Amount of Ended Loans Defaulted $0 $33,752,032
Number of Ended Loans Defaulted 0 89,003
Currency Exchange Loss Rate 1.02% 0.47%
Amount of Currency Exchange Loss $3,087 $12,742,203
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 76.06% 78.48%
Average Loan Size $647 $393
Average Individual Loan Size $647 $586
Average Group Loan Size $0 $1,910
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) 5.83% 7.02%
Average Time to Fund a Loan 12.74 days 9.12 days
Average Dollars Raised Per Day Per Loan $50.79 $43.08
  Average Loan Term 16.18 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,222,149
  Journaling Rate 0.00% 41.92%
  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 26.44% PY
  Profitability (return on assets) 3.5% N/A -1.32%
  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