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 alsolchiapas@yahoo.com.mx. Please note they are only able to respond to inquiries written in Spanish.


Kiva HelpRepayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva May 21, 2007 Oct 12, 2005
Total Loans $429,825 $280,866,475
Amount of Raised Inactive Loans $0 $8,475
Number Of Raised Inactive Loans 0 16
Amount of Paying Back Loans $0 $76,717,975
Number Of Paying Back Loans 0 92,492
Amount of Ended Loans $429,825 $204,140,025
Number Of Ended Loans 503 280,128
Delinquency Rate 0.00% 2.44%
Amount In Arrears $0 $1,253,784
Outstanding Portfolio $0 $51,303,862
Number of Loans Delinquent 0 11,530
Default Rate 0.00% 1.12%
Amount of Ended Loans Defaulted $0 $2,280,201
Amount of Ended Loans $429,825 $204,140,025
Number Of Ended Loans Defaulted 0 6,779
Currency Exchange Loss Rate 0.00% 0.00%
Amount of Currency Exchange Loss $0 $12,824
Refund Rate 0.00% 1.25%
Amount of Refunded Loans $0 $3,520,925
Number Of Refunded Loans 0 4,156

Kiva HelpLoan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans To Women Entrepreneurs 100.00% 74.89%
Average Loan Size $514 $389
Average Individual Loan Size $750 $618
Average Group Loan Size $1,278 $1,631
Average Number Of Entrepreneurs Per Group 4.3 8
Average GDP Per Capita (PPP) in Local Country $11,249 $3,403
Average Loan Size / GDP Per Capita (PPP) 4.57% 11.42%
Average Time To Fund A Loan 1.03 days 3.96 days
Average Dollars Raised Per Day Per Loan $499.17 $98.13
  Average Loan Term 9.07 months 9.26 months

Kiva HelpJournaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 83 131,523
  Journaling Rate 15.71% 39.37%
  Average Number Of Comments Per Journal 0.30 0.16
  Average Number Of Recommendations Per Journal 31.70 4.21

Kiva HelpBorrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) N/A N/A 36.11%
  Average Partner Return On Assets (Average Profitability) N/A N/A -1.45%
  Average Loan Size (% of Per Capita Income) N/A 4.20% 43.69%

Kiva HelpCountry Fast Facts

Field Partner Staff

Katia Corroy Castro
Karina Corroy
LORENA CRUZ
MONICA GONZALEZ
Oscar Hugo Martinez Jimenez