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Institution

Corporación Fomentamos Calle 53 No 42-52Medellín
Data approved: 2011-03-15
Data version: 1
Age of data: 110 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.fomentamos.com.co/
Year established2003
Head of InstitutionLuis Fernando Florez Rubianes
Regions active
# Branches1

Total Portfolio (nat'l)COP 805,000,000
Total Portfolio (USD)USD 442,307.69
Active clients with loans5,085
Approximate % female clients60% - 80%
Approximate % urban clients60% - 80%
Network affiliations
FundersCONFIAR COOPERATIVA FINANCIERA, COOPERATIVA BELEN AHORRO Y CREDITO, COTRAFA COOPERATIVA FINANCIERA, COOTRAMED COOPERATIVA AHORRO Y CREDITO

Loan Products » Summary

N/A
918 Borrowers
USD 102,673.87 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
CS CON RECURSOS PROPIOS COP 50,000 - 1,000,000 3 - 4 60% - 80% 60% - 80% Business Women, Men, Have business

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
CS CON RECURSOS PROPIOS 29.5% annual, Decl Bal 1 Fee 1 Ins None N/A 44% - 50.4% 56.8% - 63.2% 48
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011115
ANED5,4006,579,000374
Banco FIE231,100569,322,000674
BancoSol215,300861,418,0003074
CIDRE8,500126,578,000874
Coop Fatima6,30044,280,0007115
CRECER166,900134,626,0001374
Diaconia67,00085,734,000274
Ecofuturo59,200226,839,000574
EMPRENDER8,7002,380,0003115
Fassil FFP57,600325,081,000574
FONCRESOL3,9009,573,000374
FONDECO14,20024,274,000374
Fortaleza20,100164,530,0001374
FUBODE29,40024,444,000774
FUNBODEM8,60015,798,000974
IDEPRO10,40040,479,000274
IMPRO2,4002,885,000474
ProCredit84,300257,487,0008115
PRODEM44,90062,529,000474
ProMujer BOL115,20050,753,000374
Sartawi14,60026,842,000874
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Key Statistics
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Loan Portfolio (USD)
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% Products with compulsory deposits
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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