| Outstanding portfolio (USD) | USD 4,174.08 |
| Portfolio (USD) | USD 4,174.08 |
| Active Clients with Loans | 10 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | x |
| Other household finance | |
| Other | |
| Other (2) |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | x |
| Other | |
| Other (2) |
| # Regions for this institution | 20 |
| # Regions for this product | N/A |
| Regions Active |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.finamerica.com.co/ |
| Year established | 1997 |
| Head of Institution | Gregorio Alberto Mejia Solano |
| Regions active | |
| # Branches | 43 |
| Total Portfolio (nat'l) | COP 183,819,000,000 |
| Total Portfolio (USD) | USD 100,999,450.50 |
| Active clients with loans | 45,380 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | ACCION INTERNACIONAL |
| Funders | Caja de compensacion Familiar Colsubsdio, Caja de compensacion Familiar Cafam, Caja de compensacion Familiar Comfandi, Caja de compensacion Familiar Confenalco |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo Libre Destino | COP 300,000 - 65,000,000 | 12 - 59 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men, Have business, Salaried worker | Other Training, Fidelizacion | |||||||
| Crédito preferencial ( Credipremium) | COP 772,500 - 83,430,000 | 6 - 59 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men, Have business | Other Training, Programa Afinidad ( tarjeta club finamigos) | |||||||
| Credito Individual Nuevo y Renovado | COP 772,000 - 83,430,000 | 1 - 59 | 40% - 60% | 80% - 100% | Business, Capital de Trabajo | Women, Men, Have business | Credit Educ, Credit Ins, Programa Afinidad | |||||||
| Credito Pymes | COP 12,440,000 - 300,000,000 | 6 - 59 | 20% - 40% | 80% - 100% | Business, Compra de mercancías, insumos, adquisición de maqu | Women, Men, Have business, Personas Naturales y Jurídicas con activos entre $248 y $2.480 millones pertenecientes a los sectore | Programa Afinidad (tarjeta club finamigos) | |||||||
| Grupo Solidario Confianza | COP 200,000 - 2,000,000 | 3 - 12 | 40% - 60% | 20% - 40% | Business, Consumer, Capital de Trabajo | Women, Men, Agrupacion de personas que tengan en comun, proyectos agropecuarios, agroindustriales, comerciales. | Credit Educ, Other Training, Charlas de grupo , cobranza de creditos , charlas de ahorro. | |||||||
| Mi credito YA | COP 400,000 - 2,400,000 | 6 - 12 | 40% - 60% | 80% - 100% | Business, Capital de Trabajo | Women, Men, Have business, Personas sin experiencia crediticia | Credit Ins, Other Training, programa de Fidelizacion clientes Club Finamigos | |||||||
| Micro confianza | COP 200,000 - 700,000 | 3 - 6 | 40% - 60% | 80% - 100% | Business, Capital de Trabajo | Women, Men, Have business, antigàŒedad del negocio de 18 meses y activos fijos inferiores a 500 SMLV | Credit Ins, Other Training, programa de Fidelizacion clientes Club Finamigos |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo Libre Destino | 14.4%-28.7% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 23.9% - 24.8% | 24.7% - 25.5% | 57 | ||||||||
| Crédito preferencial ( Credipremium) | 10.2%-28.7% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 14.6% - 28% | 15.4% - 28.8% | 45 | ||||||||
| Credito Individual Nuevo y Renovado | 8.0%-29.6% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 41.2% - 44.3% | 42% - 45.1% | 18 | ||||||||
| Credito Pymes | 20.9%-21.6% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 13.7% - 23.1% | 14.5% - 23.8% | 100 | ||||||||
| Grupo Solidario Confianza | 18.7%-29.6% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 33.6% - 52.5% | 34.2% - 53.3% | 42 | ||||||||
| Mi credito YA | 22.4%-29.9% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 50.6% - 52.9% | 51.3% - 53.7% | 43 | ||||||||
| Micro confianza | 21.6%-29.6% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 33.9% - 53.2% | 34.5% - 53.9% | 48 |
| Key Statistics | |
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| % Products with one or more insurances | |
| % Products with compulsory deposits |
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