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:

Alivio Capital is a Mexican for-profit organization that provides accessible financing for low-income families to cover medical expenses. Low-income families are often forced to sell family assets or resort to informal lenders in order to pay for unexpected medical bills. By providing these families with accessible financing, Alivio enables patients to, over time, pay their hospital bills and doctor’s fees, as well as to buy any medical equipment needed for their recovery. 
A unique lending approach:

Alivio Capital loans range from  $300 to $800 with an annual interest rate of 28%. This rate is half of what some other formal lenders offer and one third of that of other informal lenders.  Alivio funds can only be used to pay for hospital bills, cover doctor’s fees, and purchase vital medical equipment. Each client is evaluated based on ad-hoc credit scoring criteria. 
Alivio Capital began operations in Mexico four years ago, and has since been growing at a steady pace. 

With Kiva’s support, Alivio Capital hopes to expand their customer base to include the most vulnerable low-income populations that other formal institutions are not willing to lend to.  

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Aug 9, 2014 Oct 12, 2005
Total Loans $2,282,825 $1,388,904,475
Amount of raised Inactive loans $4,225 $168,075
Number of raised Inactive loans 10 71
Amount of Paying Back Loans $610,700 $149,011,425
Number of Paying Back Loans 902 195,825
Amount of Ended Loans $1,667,900 $1,239,724,975
Number of Ended Loans 2,517 1,602,792
Delinquency Rate 14.73% 12.43%
Amount in Arrears $55,085 $11,576,973
Outstanding Portfolio $274,011 $93,139,046
Number of Loans Delinquent 373 75,023
Default Rate 4.40% 1.75%
Amount of Ended Loans Defaulted $73,324 $21,702,685
Number of Ended Loans Defaulted 167 52,581
Currency Exchange Loss Rate 0.37% 0.38%
Amount of Currency Exchange Loss $8,400 $5,291,386
Refund Rate 0.00% 0.59%
Amount of Refunded Loans $0 $8,230,675
Number of Refunded Loans 0 8,220

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 50.65% 76.51%
Average Loan Size $666 $392
Average Individual Loan Size $666 $608
Average Group Loan Size $0 $1,757
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $15,600 $5,757
Average Loan Size / GDP per capita (PPP) 4.27% 6.81%
Average Time to Fund a Loan 13.41 days 7.14 days
Average Dollars Raised Per Day Per Loan $49.63 $54.94
  Average Loan Term 15.07 months 11.37 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 74 846,808
  Journaling Rate 2.32% 43.40%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.76

Borrowing Cost Comparison (based on 2016 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 39% 74.00% PY 26.14% PY
  Profitability (return on assets) 0.01% 1% -2.30%
  Average Loan Size (% of per capita income) N/A 4.00% 12.52%

Country Fast Facts

Field Partner Staff

Lourdes Flandes
Arturo Galvan
Ramiro Ibarra
Patricio Villareal