Conserva
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:
Conserva is a Mexican microfinance institution that grants microcredits to women, mainly in the southern states of Mexico. Conserva began operations in the year 2000 in the state of Chiapas, a location that continues as its main operating area. It was started with the idea of improving women´s quality of life through education and financing opportunities. Conserva has group-lending, individual lending and home improvement loans as well as life insurance. Conserva also has social programs focused on women's preventive health, financial education and environmental training.
Repayment Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Start Date On Kiva | Mar 7, 2023 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $11,382,125 | $2,220,989,770 | |
| Amount of raised Inactive loans | $0 | $416,325 | |
| Number of raised Inactive loans | 0 | 144 | |
| Amount of Paying Back Loans | $1,897,750 | $152,190,555 | |
| Number of Paying Back Loans | 533 | 176,536 | |
| Amount of Ended Loans | $9,484,375 | $2,068,382,890 | |
| Number of Ended Loans | 2,512 | 2,725,882 | |
| Delinquency Rate | 4.45% | 10.42% | |
| Amount in Arrears | $47,538 | $9,589,963 | |
| Outstanding Portfolio | $673,743 | $92,052,533 | |
| Number of Loans Delinquent | 56 | 38,853 | |
| Default Rate | 0.00% | 1.80% | |
| Amount of Ended Loans Defaulted | $0 | $37,182,929 | |
| Number of Ended Loans Defaulted | 0 | 97,657 | |
| Currency Exchange Loss Rate | 0.00% | 0.39% | |
| Amount of Currency Exchange Loss | $77,277 | $13,796,785 | |
| Refund Rate | 0.00% | 0.52% | |
| Amount of Refunded Loans | $0 | $11,580,885 | |
| Number of Refunded Loans | 0 | 9,981 |
Loan Characteristics On Kiva
| This Lending Partner | All Kiva Partners | ||
| Loans to Women Borrowers | 97.17% | 78.94% | |
|---|---|---|---|
| Average Loan Size | $615 | $408 | |
| Average Individual Loan Size | $2,013 | $604 | |
| Average Group Loan Size | $3,743 | $1,968 | |
| Average number of borrowers per group | 6.1 | 8.4 | |
| Average GDP per capita (PPP) in local country | $13,967 | $4,378 | |
| Average Loan Size / GDP per capita (PPP) | 4.40% | 9.32% | |
| Average Time to Fund a Loan | 14.02 days | 9.21 days | |
| Average Dollars Raised Per Day Per Loan | $43.87 | $44.32 | |
| Average Loan Term | 4.17 months | 11.52 months |
Journaling Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Total Journals | 1,228 | 1,310,683 | |
|---|---|---|---|
| Journaling Rate | 46.75% | 41.69% | |
| Average Number of Comments Per Journal | 0.00 | 0.02 | |
| Average Number of Recommendations Per Journal | 0.00 | 0.52 |
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 | 28.52% PY | |
|---|---|---|---|---|
| Profitability (return on assets) | 3.24% | 1% | -1.51% | |
| Average Loan Size (% of per capita income) | N/A | 4.00% | 0.00% |
Country Fast Facts
- Country:
- Mexico
- Capital:
- Mexico City
- Official Language:
- Spanish 92.7%, other indigenous languages 5.7%
- Population:
- 120,286,655
- Avg Annual Income:
- $13,967
- Labor Force:
- agriculture: 13.4%, industry: 24.1%, services: 61.9%
- Population Below Poverty Line:
- 52.30%
- Literacy Rate:
- 93.50%
- Infant Mortality Rate (per 1000):
- 12.58 deaths
- Life Expectancy:
- 75.43 years
Lending Partner Staff
Pablo Antonio Colli VenturaMiguel de Jesus Sanchez Lara