There is no Lending Partner for this loan. It is part of the Direct to Social Enterprise program. For more details on DSE, please click here. For more details on the borrower, please refer to their loan profile. 

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Nov 18, 2019 Oct 12, 2005
Total Loans $250,000 $2,205,740,615
Amount of raised Inactive loans $0 $381,050
Number of raised Inactive loans 0 105
Amount of Paying Back Loans $0 $158,361,380
Number of Paying Back Loans 0 188,325
Amount of Ended Loans $250,000 $2,046,998,185
Number of Ended Loans 2 2,696,388
Delinquency Rate 0.00% 10.50%
Amount in Arrears $0 $10,373,965
Outstanding Portfolio $0 $98,830,253
Number of Loans Delinquent 0 60,347
Default Rate 0.00% 1.81%
Amount of Ended Loans Defaulted $0 $37,126,339
Number of Ended Loans Defaulted 0 97,511
Currency Exchange Loss Rate 0.00% 0.40%
Amount of Currency Exchange Loss $0 $13,728,103
Refund Rate 0.00% 0.52%
Amount of Refunded Loans $0 $11,561,335
Number of Refunded Loans 0 9,974

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 0.00% 78.91%
Average Loan Size $125,000 $407
Average Individual Loan Size $125,000 $603
Average Group Loan Size $0 $1,962
Average number of borrowers per group 0 8.4
Average GDP per capita (PPP) in local country $11,100 $5,584
Average Loan Size / GDP per capita (PPP) 1,126.13% 7.29%
Average Time to Fund a Loan 20.42 days 9.2 days
Average Dollars Raised Per Day Per Loan $6,121.85 $44.29
  Average Loan Term 19 months 11.52 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,303,143
  Journaling Rate 0.00% 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 32.00% PY 28.52% PY
  Profitability (return on assets) -1.3% 5.1% -1.40%
  Average Loan Size (% of per capita income) N/A 23.00% 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

Leidy Cadena
Fernando Sucre