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 $80,750 $1,958,174,645
Amount of raised Inactive loans $0 $177,800
Number of raised Inactive loans 0 139
Amount of Paying Back Loans $80,225 $160,798,330
Number of Paying Back Loans 120 188,174
Amount of Ended Loans $525 $1,768,209,155
Number of Ended Loans 1 2,369,978
Delinquency Rate 0.15% 12.26%
Amount in Arrears $115 $12,218,664
Outstanding Portfolio $39,377 $99,638,880
Number of Loans Delinquent 3 72,852
Default Rate 0.00% 1.83%
Amount of Ended Loans Defaulted $0 $32,286,917
Number of Ended Loans Defaulted 0 84,711
Currency Exchange Loss Rate 0.00% 0.50%
Amount of Currency Exchange Loss $0 $11,931,838
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 89.47% 78.22%
Average Loan Size $667 $392
Average Individual Loan Size $667 $589
Average Group Loan Size $0 $1,891
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $11,100 $5,599
Average Loan Size / GDP per capita (PPP) 6.01% 7.00%
Average Time to Fund a Loan 8.97 days 8.93 days
Average Dollars Raised Per Day Per Loan $74.38 $43.87
  Average Loan Term 17.35 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,178,265
  Journaling Rate 0.00% 42.27%
  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 2023 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A N/A 27.02% PY
  Profitability (return on assets) 5.4% N/A -3.10%
  Average Loan Size (% of per capita income) N/A N/A 0.00%

Country Fast Facts

Lending Partner Staff

Jose Elias Ortiz
Gimena Torres
Ingrid Lorena Zarama