Apoyo Integral
El Salvador
Original Partner Description
INTEGRAL was founded in May 2002 in response to the growing demand for loans in the marketplace and the need for an organization to meet this demand. Two partners, Fundación Dueñas and the IDB/MIF managed by ACCION International, also joined this noteworthy initiative.
INTEGRAL opened its doors with a clear mission: To be a company specializing in microfinance that understands and meets the needs of its clients by offering them financial products and services that are affordable, flexible, and timely in order to encourage development throughout El Salvador.
As of December 2010, after only 8.5 years of operation, INTEGRAL has 25 agencies around the country and a portfolio of US$76.3 million, thus benefitting more than 100,000 Salvadorans who today have a better quality of life. INTEGRAL mainly offers financial products aimed at covering the needs of its clients: working capital, purchasing fixed assets, buying and remodeling homes, debt consolidation; and for clients in the agricultural industry, it also offers products suitable for furthering improvement and expansion plans.
INTEGRAL, in addition to offering products that help support the growth rate of its clients’ business activities in an increasingly competitive world, has expanded its line of services and now offers different products for micro businesses:
- Seasonal loans
- Instant credit
- Revolving credit
- Micro insurance
INTEGRAL’s incredible journey has earned it remarkable recognition such as the 2005 Transparency Award (Premio a la Transparencia 2005) given to it by the companies MIXMARKET and REDCAMIF at the Third Central American Conference on Microfinance, and the 2006 Excellency Award (Premio a la Excelencia 2006) given to it by the Multi-Sector Investment Bank’s Micro and Small Enterprise Development Trust (BMI-FIDEMYPE in Spanish) for having experienced the most growth among institutions in 2005.
About our Clients
Since the beginning, INTEGRAL’s principal niche in the market has been businessmen and women who have already established their business but need financial support in order to strengthen or increase their inventive and business capacity. INTEGRAL is aimed at the business, production, and service sectors. In 2010, women received 60% of the 50,224 loans granted.
The majority of its clients have been successful, and some of their stories can be found on the website.
Agreement with FUSAI
In order to improve its financial support so that it adequately meets the underlying needs of home improvement and construction, INTEGRAL partnered with the Salvadoran Foundation for Integral Support (FUSAI ), which, in general, seeks to offer technical advice alternatives for proper use of funding for set purposes, addressing aspects such as circulation, ventilation, lighting, and, to a lesser degree, recommendations for optimizing the budget. Furthermore, the partnership seeks to ensure the progress and completion of construction work.
| This Field Partner | All Kiva Partners | ||
| Start Date On Kiva | Dec 18, 2007 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $2,485,975 | $280,866,475 | |
| Amount of Raised Inactive Loans | $0 | $8,475 | |
| Number Of Raised Inactive Loans | 0 | 16 | |
| Amount of Paying Back Loans | $655,150 | $76,717,975 | |
| Number Of Paying Back Loans | 826 | 92,492 | |
| Amount of Ended Loans | $1,830,825 | $204,140,025 | |
| Number Of Ended Loans | 2,296 | 280,128 | |
| Delinquency Rate | 4.55% | 2.44% | |
| Amount In Arrears | $19,995 | $1,253,784 | |
| Outstanding Portfolio | $439,000 | $51,303,862 | |
| Number of Loans Delinquent | 255 | 11,530 | |
| Default Rate | 0.00% | 1.12% | |
| Amount of Ended Loans Defaulted | $0 | $2,280,201 | |
| Amount of Ended Loans | $1,830,825 | $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 | 0.57% | 1.25% | |
| Amount of Refunded Loans | $14,200 | $3,520,925 | |
| Number Of Refunded Loans | 17 | 4,156 |
| This Field Partner | All Kiva Partners | ||
| Loans To Women Entrepreneurs | 76.99% | 74.89% | |
|---|---|---|---|
| Average Loan Size | $796 | $389 | |
| Average Individual Loan Size | $796 | $618 | |
| Average Group Loan Size | $0 | $1,631 | |
| Average Number Of Entrepreneurs Per Group | 0 | 8 | |
| Average GDP Per Capita (PPP) in Local Country | $4,900 | $3,403 | |
| Average Loan Size / GDP Per Capita (PPP) | 16.25% | 11.42% | |
| Average Time To Fund A Loan | 6.9 days | 3.96 days | |
| Average Dollars Raised Per Day Per Loan | $115.45 | $98.13 | |
| Average Loan Term | 16.35 months | 9.26 months |
| This Field Partner | All Kiva Partners | ||
| Total Journals | 52 | 131,523 | |
|---|---|---|---|
| Journaling Rate | 2.36% | 39.37% | |
| Average Number Of Comments Per Journal | 0.42 | 0.16 | |
| Average Number Of Recommendations Per Journal | 10.25 | 4.21 |
| This Field Partner | Median for MFI Peers in Country | All Kiva Partners | ||
| Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) | 29.00% | 29.00% | 36.11% | |
|---|---|---|---|---|
| Average Partner Return On Assets (Average Profitability) | 0.1% | 1% | -1.45% | |
| Average Loan Size (% of Per Capita Income) | 59.82% | 29.50% | 43.69% |
- Country:
- El Salvador
- Capital:
- San Salvador
- Official Language:
- Spanish, Nahua
- Population:
- 6,948,073
- Avg Annual Income:
- $4,900
- Labor Force:
- agriculture: 17.1% industry: 17.1% services: 65.8%
- Population Below Poverty Line:
- 35.2%
- Literacy Rate:
- 80.2%
- Infant Mortality Rate (per 1000):
- 22.88 deaths/1,000 live births deaths
- Life Expectancy:
- 71.78 years years
Field Partner Staff
Felix AcevedoLuis Castillo
Reina de Cabrera
Magaly de Castillo
Cristina de Herrera
Silvia de Melendez
Julio Guerrero
Luis Gutierrez
Karina Henriquez
Karina Hernandez
William Jacobo
Francisco Mancia
Karla Alejandra Perez Castaneda
Orlan Pineda
Sabrina Rivas
Jaime Rosas
Alexandra Salazar
Mauricio Salazar
Emma Trujillo
Imelda Zaldivar
Kiva