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Fundación AgroCapital, a partner of ACDI/VOCA
Approved to post Kiva loans from: Bolivia
Status update on"Fundacion"Agrocapital from"Kiva Staff on"June 1, 2011:
Fundacion Agrocapital has successfully paid back all outstanding debt owed to Kiva lenders. Kiva has therefore close the partnership without prejudice. We thank you for your support of Agrocapital borrowers on"Kiva!
Status update on Fundacion Agrocapital from Kiva Staff on June 24, 2010: Fundacion Agrocapital has decided to close its relationship with Kiva. All loans that have been recently funded on Kiva will be refunded to lenders. There are also $259,932.07 in current outstanding loans; as repayments come in from these borrowers, those funds will also be paid back to lenders. As these additional payments are received from Fundacion Agrocapital, the high delinquency ratio expressed on the Kiva website should fall to normal levels. We'd like to thank Kiva lenders for their support of Fundacion Agrocapital borrowers over the last 33 months. $3,145,300 has been raised for AgroCapital borrowers with the help of the Kiva community. Many thanks for your continued support! COMPANY PROFILE " The Agrocapital Foundation was created on January 23, 1992 with the purpose of providing Financial Services in the rural and urban areas of our country. Agrocapital uses the appropriate financial instruments and mechanisms to attain its goals. Our strategic plan as defined by our vision: "We integrate the rural sector into the national economy, as a profitable and reliable institution that provides efficient, customized and dynamic financial services". The Mission: "We are a Financial Institution engaged with the economic agents of the rural sector, providing access to competitive and integral financial services. Please take a moment to get to know AgroCapital's headquarters here: " We rely on highly qualified personnel and technology to take care of our clients needs throughout the country?. Agrocapital considers a financial organization to be a type of development tool that uses strategies to fight against poverty and generate income. It is for this reason that the rural sector of the community, having been abandoned by the formal financial system, remains our highest-priority, as they are the clients with the greatest need. Agrocapital finances the following sectors: Farming, Agro-industrial and Commercial. Other services include, microcredit products, commercial credits and communal banks; for this Agrocapital depends on the Central office located in Cochabamba ?Nataniel Aguirre no. 669" and 12 other agencies located in the main cities of Bolivia (La Paz; El Alto; Cochabamba City: ?Nataniel Aguirre casi Uruguay No. 669?; Entre Rivers and one in Ivirgarzama; Santa Cruz: Mineros, Montero, Warnes, San Pedro, Yapacan", San Juli"n, El Abasto (city) and La Ramada (city), with a total of 130 civil employees in the entire organization as of July 2007. Visit one of Fundacion AgroCapital's village banks with us: " "