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 | $11,963,600 | $2,239,757,060 | |
| Amount of raised Inactive loans | $0 | $674,550 | |
| Number of raised Inactive loans | 0 | 157 | |
| Amount of Paying Back Loans | $2,029,680 | $154,799,735 | |
| Number of Paying Back Loans | 565 | 180,031 | |
| Amount of Ended Loans | $9,933,920 | $2,084,282,775 | |
| Number of Ended Loans | 2,631 | 2,743,718 | |
| Delinquency Rate | 4.86% | 11.66% | |
| Amount in Arrears | $50,893 | $11,060,841 | |
| Outstanding Portfolio | $716,862 | $94,847,910 | |
| Number of Loans Delinquent | 65 | 71,972 | |
| Default Rate | 0.00% | 1.78% | |
| Amount of Ended Loans Defaulted | $0 | $37,137,719 | |
| Number of Ended Loans Defaulted | 0 | 97,699 | |
| Currency Exchange Loss Rate | 0.00% | 0.38% | |
| Amount of Currency Exchange Loss | $77,294 | $13,858,921 | |
| Refund Rate | 0.00% | 0.52% | |
| Amount of Refunded Loans | $0 | $11,590,415 | |
| Number of Refunded Loans | 0 | 9,989 |
Loan Characteristics On Kiva
| This Lending Partner | All Kiva Partners | ||
| Loans to Women Borrowers | 97.03% | 78.99% | |
|---|---|---|---|
| Average Loan Size | $616 | $409 | |
| Average Individual Loan Size | $2,013 | $604 | |
| Average Group Loan Size | $3,748 | $1,975 | |
| Average number of borrowers per group | 6.1 | 8.4 | |
| Average GDP per capita (PPP) in local country | $13,967 | $4,376 | |
| Average Loan Size / GDP per capita (PPP) | 4.41% | 9.34% | |
| Average Time to Fund a Loan | 13.97 days | 9.21 days | |
| Average Dollars Raised Per Day Per Loan | $44.08 | $44.41 | |
| Average Loan Term | 4.17 months | 11.52 months |
Journaling Performance on Kiva
| This Lending Partner | All Kiva Partners | ||
| Total Journals | 1,320 | 1,319,468 | |
|---|---|---|---|
| Journaling Rate | 46.91% | 41.65% | |
| Average Number of Comments Per Journal | 0.00 | 0.02 | |
| Average Number of Recommendations Per Journal | 0.00 | 0.51 |
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 | 28.97% PY | |
|---|---|---|---|---|
| Profitability (return on assets) | 3.24% | 1% | -1.29% | |
| 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