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:

COOPAC Microfinanzas Prisma is a Peruvian cooperative headquartered in Lima, Peru.

The organization aims to provide their members with working capital, savings accounts, a variety of trainings and micro-insurance to sustainably impact their livelihoods.

COOPAC Microfinanzas Prisma’s main sectors of impact are agriculture, commerce, services and production, with the majority of the borrowers being rural women.

A unique lending approach:

Kiva partners with COOPAC Microfinanzas Prisma to help expand their village bank loans and launch their new agricultural and housing loans. These loans strive to reach the most underserved areas in Peru where people often don’t live in their own home and have no steady source of income.

COOPAC Microfinanzas Prisma is a spinoff of a previous NGO, Microfinanzas Prisma, that shut down operations in 2014. Kiva partnered with Microfinanzas Prisma up until it’s closure and was repaid its outstanding balance in full.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Feb 27, 2018 Oct 12, 2005
Total Loans $1,204,800 $1,388,684,700
Amount of raised Inactive loans $0 $162,775
Number of raised Inactive loans 0 64
Amount of Paying Back Loans $415,025 $148,798,550
Number of Paying Back Loans 138 195,476
Amount of Ended Loans $789,775 $1,239,723,375
Number of Ended Loans 271 1,602,787
Delinquency Rate 1.74% 12.46%
Amount in Arrears $4,375 $11,581,224
Outstanding Portfolio $206,619 $92,928,825
Number of Loans Delinquent 20 75,038
Default Rate 0.00% 1.75%
Amount of Ended Loans Defaulted $0 $21,702,685
Number of Ended Loans Defaulted 0 52,581
Currency Exchange Loss Rate 0.00% 0.38%
Amount of Currency Exchange Loss $0 $5,291,386
Refund Rate 0.66% 0.59%
Amount of Refunded Loans $7,975 $8,230,675
Number of Refunded Loans 2 8,220

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 64.32% 76.51%
Average Loan Size $445 $392
Average Individual Loan Size $868 $608
Average Group Loan Size $4,265 $1,757
Average number of borrowers per group 10.2 7.8
Average GDP per capita (PPP) in local country $12,000 $5,757
Average Loan Size / GDP per capita (PPP) 3.71% 6.81%
Average Time to Fund a Loan 11.31 days 7.14 days
Average Dollars Raised Per Day Per Loan $39.33 $54.94
  Average Loan Term 9.44 months 11.37 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 56 846,748
  Journaling Rate 17.75% 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 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 44% APR 29.00% PY 26.14% PY
  Profitability (return on assets) 5.3% 1.4% -2.30%
  Average Loan Size (% of per capita income) N/A 42.00% 12.52%

Country Fast Facts

Field Partner Staff

Diana Cabanillas
Johnny Castillo Gutierrez
Maribel Flores
Luis Enrique Garcia Bedregal