Status Update on AlSol from Kiva Staff on August 5th, 2009: AlSol ‘s partnership with Kiva was closed in August 2009 without prejudice after one year of inactivity. AlSol determined that it was better served providing loans to its entrepreneurs through funding sources other than Kiva.

Founded in 1998, AlSol is a Grameen affiliate serving over 12,000 borrowers in the rural state of Chiapas, Mexico. Since its inception, AlSol has experienced rapid growth, and is quickly taking its place as one of the premier microfinance organizations in the country's southern region.

AlSol operates with the mission of providing integrated financial and non-financial services to the poor of rural Mexico. By providing each woman that enters the program with the services, training and education they need to improve their lives, AlSol works to raise living standards and promote economic and social development across Chiapas.

AlSol can be contacted via email at Please note they are only able to respond to inquiries written in Spanish.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva May 21, 2007 Oct 12, 2005
Total Loans $429,825 $938,733,525
Amount of raised Inactive loans $0 $507,775
Number of raised Inactive loans 0 467
Amount of Paying Back Loans $0 $144,042,825
Number of Paying Back Loans 0 176,404
Amount of Ended Loans $429,825 $794,182,925
Number of Ended Loans 503 994,953
Delinquency Rate 0.00% 7.87%
Amount in Arrears $0 $7,432,587
Outstanding Portfolio $0 $94,487,939
Number of Loans Delinquent 0 19,266
Default Rate 0.00% 1.40%
Amount of Ended Loans Defaulted $0 $11,137,050
Number of Ended Loans Defaulted 0 31,506
Currency Exchange Loss Rate 0.00% 0.46%
Amount of Currency Exchange Loss $0 $4,278,396
Refund Rate 0.00% 0.63%
Amount of Refunded Loans $0 $5,887,300
Number of Refunded Loans 0 5,924

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 75.19%
Average Loan Size $514 $401
Average Individual Loan Size $750 $634
Average Group Loan Size $1,278 $1,772
Average number of borrowers per group 4.3 7.8
Average GDP per capita (PPP) in local country $15,600 $5,897
Average Loan Size / GDP per capita (PPP) 3.30% 6.80%
Average Time to Fund a Loan 1.03 days 6.93 days
Average Dollars Raised Per Day Per Loan $499.17 $57.88
  Average Loan Term 9.07 months 11.1 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 83 486,797
  Journaling Rate 15.71% 41.49%
  Average Number of Comments Per Journal 0.30 0.05
  Average Number of Recommendations Per Journal 31.70 1.20

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 74.00% PY 25.92% PY
  Profitability (return on assets) N/A 1% -0.29%
  Average Loan Size (% of per capita income) N/A 4.00% 17.68%

Country Fast Facts

Field Partner Staff

Katia Corroy Castro
Karina Corroy
Oscar Hugo Martinez Jimenez