Procredito Mexico was founded in 2006 in Mexico and operates mostly in the central region of Mexico with a presence in 7 out of the 32 states. ProCredito is a non-regulated MFI whose purpose is to support small and medium-size enterprises (SMEs) with loan products for machinery and equipment, working capital, transportation, and investment. Its mission is to provide companies with the funding they need to grow and improve their competitiveness.


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Oct 5, 2022 Oct 12, 2005
Total Loans $208,275 $2,042,136,830
Amount of raised Inactive loans $0 $356,500
Number of raised Inactive loans 0 209
Amount of Paying Back Loans $103,925 $157,764,155
Number of Paying Back Loans 6 189,647
Amount of Ended Loans $104,350 $1,843,227,680
Number of Ended Loans 6 2,482,067
Delinquency Rate 33.73% 12.57%
Amount in Arrears $24,235 $12,137,711
Outstanding Portfolio $24,245 $96,544,828
Number of Loans Delinquent 2 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 0.00% 0.47%
Amount of Currency Exchange Loss $258 $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 25.00% 78.46%
Average Loan Size $17,356 $393
Average Individual Loan Size $17,356 $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 $15,600 $5,594
Average Loan Size / GDP per capita (PPP) 111.26% 7.02%
Average Time to Fund a Loan 25.59 days 9.11 days
Average Dollars Raised Per Day Per Loan $678.32 $43.11
  Average Loan Term 16.25 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,216,330
  Journaling Rate 0.00% 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 74.00% PY 26.44% PY
  Profitability (return on assets) 1.25% 1% -1.32%
  Average Loan Size (% of per capita income) N/A 4.00% 0.00%

Country Fast Facts

Lending Partner Staff

Janette Oseguera
Georgina Roman
Ilse Ruiz