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 | $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
- 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