Confiamos Colombia SAS
Approved to post Kiva loans from: Colombia
Confiamos is a microfinance institution oriented to helping small farmers in the south of Colombia.
Repayment Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Start Date On Kiva | Sep 11, 2023 | Oct 12, 2005 | |
---|---|---|---|
Total Loans | $150,470 | $1,999,972,715 | |
Amount of raised Inactive loans | $0 | $557,650 | |
Number of raised Inactive loans | 0 | 203 | |
Amount of Paying Back Loans | $145,620 | $153,956,230 | |
Number of Paying Back Loans | 236 | 181,893 | |
Amount of Ended Loans | $4,850 | $1,810,017,340 | |
Number of Ended Loans | 11 | 2,432,231 | |
Delinquency Rate | 0.31% | 11.50% | |
Amount in Arrears | $395 | $10,715,938 | |
Outstanding Portfolio | $95,197 | $93,157,824 | |
Number of Loans Delinquent | 6 | 46,269 | |
Default Rate | 0.00% | 1.84% | |
Amount of Ended Loans Defaulted | $0 | $33,278,852 | |
Number of Ended Loans Defaulted | 0 | 87,208 | |
Currency Exchange Loss Rate | 0.10% | 0.48% | |
Amount of Currency Exchange Loss | $490 | $12,335,694 | |
Refund Rate | 0.00% | 0.54% | |
Amount of Refunded Loans | $0 | $10,873,075 | |
Number of Refunded Loans | 0 | 9,630 |
Loan Characteristics On Kiva
This Lending Partner | All Kiva Partners | ||
Loans to Women Borrowers | 81.23% | 78.34% | |
---|---|---|---|
Average Loan Size | $609 | $392 | |
Average Individual Loan Size | $609 | $587 | |
Average Group Loan Size | $0 | $1,903 | |
Average number of borrowers per group | 0 | 8.3 | |
Average GDP per capita (PPP) in local country | $11,100 | $5,595 | |
Average Loan Size / GDP per capita (PPP) | 5.49% | 7.01% | |
Average Time to Fund a Loan | 10.25 days | 9.02 days | |
Average Dollars Raised Per Day Per Loan | $59.42 | $43.51 | |
Average Loan Term | 15.74 months | 11.48 months |
Journaling Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Total Journals | 0 | 1,199,432 | |
---|---|---|---|
Journaling Rate | 0.00% | 42.11% | |
Average Number of Comments Per Journal | 0.00 | 0.02 | |
Average Number of Recommendations Per Journal | 0.00 | 0.56 |
Borrowing Cost Comparison (based on 2023 data)
This Lending Partner | Median for MFI's in Country | All Kiva Partners | ||
Average Cost to Borrower | N/A | N/A | 26.87% PY | |
---|---|---|---|---|
Profitability (return on assets) | 3.5% | N/A | -2.44% | |
Average Loan Size (% of per capita income) | N/A | N/A | 0.00% |
Country Fast Facts
- Country:
- Colombia
- Capital:
- Bogota
- Official Language:
- Spanish
- Population:
- 46,245,297
- Avg Annual Income:
- $11,100
- Labor Force:
- agriculture: 17%, industry: 21%, services: 62%
- Population Below Poverty Line:
- 32.70%
- Literacy Rate:
- 93.60%
- Infant Mortality Rate (per 1000):
- 15.02 deaths
- Life Expectancy:
- 75.25 years
Lending Partner Staff
Jose Elias OrtizGimena Torres
Ingrid Lorena Zarama