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:

CACMU is a savings and loan cooperative founded in 2001 in Ecuador with the goal of providing financial and non-financial services to underserved women and their families.


The savings and loan cooperative is part of a larger group made up of several organizations offering health coverage, technical assistance, and training services for environmental conservation. CACMU provides a package of services throughout the business cycle.


A unique lending approach:

CACMU reaches very rural borrowers due to the creation of a mobile branch, which allows them to access remote areas where it would be too costly to open a branch. They use the mobile branch not only for financial services but also for health events that are free to members and non-members alike.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Aug 17, 2015 Oct 12, 2005
Total Loans $346,625 $937,085,725
Amount of raised Inactive loans $0 $481,375
Number of raised Inactive loans 0 395
Amount of Paying Back Loans $209,375 $142,565,375
Number of Paying Back Loans 272 174,548
Amount of Ended Loans $137,250 $794,038,975
Number of Ended Loans 199 994,782
Delinquency Rate 2.37% 8.01%
Amount in Arrears $3,425 $7,450,579
Outstanding Portfolio $144,457 $93,041,684
Number of Loans Delinquent 10 19,358
Default Rate 0.00% 1.40%
Amount of Ended Loans Defaulted $0 $11,137,050
Number of Ended Loans Defaulted 0 31,506
Currency Exchange Loss Rate 0.00% 0.46%
Amount of Currency Exchange Loss $0 $4,278,396
Refund Rate 0.42% 0.63%
Amount of Refunded Loans $1,450 $5,887,300
Number of Refunded Loans 2 5,924

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 57.88% 75.18%
Average Loan Size $736 $401
Average Individual Loan Size $736 $634
Average Group Loan Size $0 $1,773
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $10,600 $5,898
Average Loan Size / GDP per capita (PPP) 6.94% 6.80%
Average Time to Fund a Loan 11.07 days 6.94 days
Average Dollars Raised Per Day Per Loan $66.47 $57.85
  Average Loan Term 11.21 months 11.1 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 130 486,312
  Journaling Rate 46.43% 41.50%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 0.00 1.20

Borrowing Cost Comparison (based on 2014 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 17% PY 20.00% PY 26.05% PY
  Profitability (return on assets) 1.4% 1.8% -0.31%
  Average Loan Size (% of per capita income) N/A 49.00% 17.73%

Country Fast Facts

Field Partner Staff

Juan Fernando Arias Carvajal
Anita Mercedes Catucuago Mendez
Anita Mercedes Catucuago Mendez
Mark Eisenberg