Aflore is a microfinance institution that combines tech and data with the trust in existing personal relationships to bring financial services to the middle class in Colombia


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Apr 4, 2022 Oct 12, 2005
Total Loans $83,150 $2,042,136,830
Amount of raised Inactive loans $0 $356,500
Number of raised Inactive loans 0 209
Amount of Paying Back Loans $64,790 $157,764,155
Number of Paying Back Loans 107 189,647
Amount of Ended Loans $18,360 $1,843,227,680
Number of Ended Loans 36 2,482,067
Delinquency Rate 84.39% 12.57%
Amount in Arrears $37,311 $12,137,711
Outstanding Portfolio $38,963 $96,544,828
Number of Loans Delinquent 107 65,899
Default Rate 0.00% 1.82%
Amount of Ended Loans Defaulted $0 $33,582,045
Number of Ended Loans Defaulted 0 88,667
Currency Exchange Loss Rate 2.81% 0.47%
Amount of Currency Exchange Loss $3,107 $12,608,670
Refund Rate 0.00% 0.54%
Amount of Refunded Loans $0 $10,935,995
Number of Refunded Loans 0 9,668

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 50.00% 78.46%
Average Loan Size $581 $393
Average Individual Loan Size $581 $586
Average Group Loan Size $0 $1,910
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $11,100 $5,594
Average Loan Size / GDP per capita (PPP) 5.24% 7.02%
Average Time to Fund a Loan 16.73 days 9.11 days
Average Dollars Raised Per Day Per Loan $34.75 $43.11
  Average Loan Term 20.05 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 12 1,216,330
  Journaling Rate 9.45% 41.89%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.55

Borrowing Cost Comparison (based on 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 32.00% PY 26.44% PY
  Profitability (return on assets) -55.22% 5.1% -1.32%
  Average Loan Size (% of per capita income) N/A 23.00% 0.00%

Country Fast Facts

Lending Partner Staff

Ana Barrera
Julian Gil
Jhon Ochoa
Catalina Panesso