Alternativa Solidaria Chiapas (AlSol)
Mexico
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.
| 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 |
| 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 |
| 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 |
| 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% |
- Country:
- Mexico
- Capital:
- Mexico (Distrito Federal)
- Official Language:
- Spanish, various Mayan, Nahuatl, and other regional indigenous languages
- Population:
- 107,449,525
- Avg Annual Income:
- $11,249
- Labor Force:
- agriculture 18%; industry 24%; services 58%
- Population Below Poverty Line:
- 10%
- Literacy Rate:
- 92.2
- Infant Mortality Rate (per 1000):
- 20.26 deaths
- Life Expectancy:
- 75.41 years
Field Partner Staff
Katia Corroy CastroKarina Corroy
LORENA CRUZ
MONICA GONZALEZ
Oscar Hugo Martinez Jimenez
Kiva