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 $1,958,818,855
Amount of raised Inactive loans $0 $250,565
Number of raised Inactive loans 0 237
Amount of Paying Back Loans $64,790 $161,326,725
Number of Paying Back Loans 107 188,875
Amount of Ended Loans $18,360 $1,768,237,830
Number of Ended Loans 36 2,370,066
Delinquency Rate 63.36% 12.18%
Amount in Arrears $28,013 $12,199,756
Outstanding Portfolio $41,683 $100,189,739
Number of Loans Delinquent 107 72,764
Default Rate 0.00% 1.83%
Amount of Ended Loans Defaulted $0 $32,304,134
Number of Ended Loans Defaulted 0 84,789
Currency Exchange Loss Rate 1.23% 0.50%
Amount of Currency Exchange Loss $1,796 $11,980,628
Refund Rate 0.00% 0.54%
Amount of Refunded Loans $0 $10,526,300
Number of Refunded Loans 0 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 50.00% 78.23%
Average Loan Size $581 $392
Average Individual Loan Size $581 $589
Average Group Loan Size $0 $1,891
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $11,100 $5,599
Average Loan Size / GDP per capita (PPP) 5.24% 7.00%
Average Time to Fund a Loan 16.73 days 8.93 days
Average Dollars Raised Per Day Per Loan $34.75 $43.86
  Average Loan Term 20.05 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 12 1,178,627
  Journaling Rate 12.50% 42.26%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

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 27.02% PY
  Profitability (return on assets) -55.22% 5.1% -3.10%
  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