Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner description:

CrediCampo is a microfinance institution (MFI) that spun out of the non-profit foundation Fundacion Campo.  Its mission is to serve as a financial catalyst for El Salvadoran families and communities.  CrediCampo is specialized in rural markets and applies an active participation philosophy, oriented toward client satisfaction and focused on sustainability.

Local to El Salvador, Fundacion Campo had 18 years of experience working with microcredit management and establishing partnerships to support the development of communities and rural families. CrediCampo was created as a separate entity to scale and strengthen Fundacion Campo’s former microcredit division as the demand grew for specialists in rural economic development solutions from the community. 

Values
Trust: Trust in our clients and partners and work earnestly to gain trust in a reciprocal manner
Compromise: CrediCampo is motivated by actions that stimulate development and mutual wellbeing for our clients and our organization
Integrity: To show that transparency for our actions is central to our business and its results
Responsibility: Comply with our moral and contractual obligations with punctuality and vitality
Solidarity: Permanently focused on our internal and external stakeholders

CrediCampo offers an array of products to its clients, ranging from differentiated loan products, remittances and savings depositories.  The institution also helps clients with wraparound services from Fundacion Campo, now a separate entity, for social programs and community development projects.  They are proud to be 100% El Salvadoran in their mission, strategy and vision. 

Status Update - January 13, 2014

Fundación Campo has made the decision to split into two separate entities: Fundación Campo (which provides wraparound services) and CrediCampo (which provides loans). As a result, we have updated their name on Kiva to reflect this change, referring to them going forward as CrediCampo


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Sep 7, 2011 Oct 12, 2005
Total Loans $21,920,900 $1,364,076,750
Amount of raised Inactive loans $0 $413,100
Number of raised Inactive loans 0 48
Amount of Paying Back Loans $3,816,425 $143,936,925
Number of Paying Back Loans 6,046 189,296
Amount of Ended Loans $18,104,475 $1,219,726,725
Number of Ended Loans 28,128 1,573,479
Delinquency Rate 1.74% 9.71%
Amount in Arrears $47,534 $8,763,444
Outstanding Portfolio $2,484,130 $90,222,782
Number of Loans Delinquent 325 38,321
Default Rate 1.50% 1.76%
Amount of Ended Loans Defaulted $272,105 $21,514,390
Number of Ended Loans Defaulted 632 52,145
Currency Exchange Loss Rate 0.00% 0.38%
Amount of Currency Exchange Loss $0 $5,220,835
Refund Rate 0.30% 0.59%
Amount of Refunded Loans $65,650 $8,098,775
Number of Refunded Loans 85 8,060

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 54.26% 76.44%
Average Loan Size $642 $393
Average Individual Loan Size $642 $609
Average Group Loan Size $0 $1,760
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $7,500 $5,767
Average Loan Size / GDP per capita (PPP) 8.56% 6.81%
Average Time to Fund a Loan 12.77 days 7.1 days
Average Dollars Raised Per Day Per Loan $50.24 $55.34
  Average Loan Term 14.78 months 11.36 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 34,433 807,893
  Journaling Rate 98.78% 43.04%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.79

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 29% PY 31.00% PY 25.46% PY
  Profitability (return on assets) 4.21% 0.7% -2.49%
  Average Loan Size (% of per capita income) 37.60% 34.00% 13.08%

Country Fast Facts

Field Partner Staff

Ileana Almendares
Erick Amaya
Claudia Argueta
Gilma Benitez
Vilma Castillo
Iris Chavez
Laura Diaz
Yaquelin Flores
Silvia Garcia
Felipe Hernández Ulloa
Yessica Martinez
Esther Membreño
Rocio Ortiz
Beatriz Reyes
Danelia Velasquez
Andrea Zarate
Edith Zavala