Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.



Partner description: 

La Asociación Salvadoreña de Extensionistas Empresariales del Incae - ASEI, is a not for profit organization founded in 1990 by a group of local community leaders. ASEI provides financial and non-financial products via group and individual credits to microentrepreneurs with limited economic resources with the goal of improving their living conditions and income level. As of May 2022, ASEI operates across El Salvador with 11 branches and serves more than 24,000clients of which approximately 80% are women.


A unique lending approach:

Kiva loans will provide additional liquidity for ASEI to continue to provide affordable loans to their target clients. Additional liquidity will also help ASEI continue to provide favorable non-financial services that include financial education, entrepreneurial training and accessible quality health services.



Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Feb 28, 2023 Oct 12, 2005
Total Loans $432,995 $1,958,960,270
Amount of raised Inactive loans $0 $198,810
Number of raised Inactive loans 0 174
Amount of Paying Back Loans $52,105 $161,515,145
Number of Paying Back Loans 40 189,106
Amount of Ended Loans $380,890 $1,768,242,580
Number of Ended Loans 153 2,370,068
Delinquency Rate 6.61% 12.15%
Amount in Arrears $1,984 $12,196,492
Outstanding Portfolio $29,781 $100,379,645
Number of Loans Delinquent 11 72,762
Default Rate 0.00% 1.83%
Amount of Ended Loans Defaulted $0 $32,307,398
Number of Ended Loans Defaulted 0 84,791
Currency Exchange Loss Rate 0.00% 0.50%
Amount of Currency Exchange Loss $0 $11,998,745
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 77.44% 78.24%
Average Loan Size $554 $392
Average Individual Loan Size $1,092 $589
Average Group Loan Size $2,507 $1,891
Average number of borrowers per group 4.8 8.3
Average GDP per capita (PPP) in local country $7,500 $5,599
Average Loan Size / GDP per capita (PPP) 7.38% 7.00%
Average Time to Fund a Loan 24.46 days 8.93 days
Average Dollars Raised Per Day Per Loan $22.63 $43.86
  Average Loan Term 9.93 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,178,680
  Journaling Rate 0.00% 42.25%
  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 31.00% PY 27.02% PY
  Profitability (return on assets) 5.59% 0.7% -3.10%
  Average Loan Size (% of per capita income) N/A 34.00% 0.00%

Country Fast Facts

Lending Partner Staff

Aileen Aguiluz
René Guzmán
Fatima Beatriz Mejía de Rivas