| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.fomentamos.com.co/ |
| Year established | 2003 |
| Head of Institution | Luis Fernando Florez Rubianes |
| Regions active | |
| # Branches | 1 |
| Total Portfolio (nat'l) | COP 805,000,000 |
| Total Portfolio (USD) | USD 442,307.69 |
| Active clients with loans | 5,085 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | |
| Funders | CONFIAR COOPERATIVA FINANCIERA, COOPERATIVA BELEN AHORRO Y CREDITO, COTRAFA COOPERATIVA FINANCIERA, COOTRAMED COOPERATIVA AHORRO Y CREDITO |
| Institution Type | Bank |
| Is this institution regulated? | No |
| Website address | http://www.medellin.gov.co/ |
| Year established | 2002 |
| Head of Institution | Marta Beatriz Cifuentes Aguilar |
| Regions active | |
| # Branches | 14 |
| Total Portfolio (nat'l) | COP 15,120,894,417 |
| Total Portfolio (USD) | USD 8,308,183.75 |
| Active clients with loans | 11,125 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| 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 |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Banco de los pobres (por MEDA) | COP 533,510 - 5,325,100 | 1 - 36 | 40% - 60% | 80% - 100% | Business, exclusivamente para creacion de empresas, inversionen activos fijos y/o capital de trabajo | Women, Men | Tech Asst Visits | |||||||
| CS Con Recursos B.P (Por Fomentamos) | COP 50,000 - 1,000,000 | 2 - 4 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
| 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 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Banco de los pobres (por MEDA) | 10.9% annual, Decl Bal | 0 Fees | 2 Ins | None | N/A | 10.9% - 11.3% | 15% - 18.1% | 68 | ||||||||
| CS Con Recursos B.P (Por Fomentamos) | 10.9% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 11.2% - 12% | 11.2% - 12% | 93 |
| 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 Ins | None | N/A | 44% - 50.4% | 56.8% - 63.2% | 48 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Banco de los pobres (por MEDA) | 10.9% annual, Decl Bal | 0 Fees | 2 Ins Ins | None | N/A | 10.9% - 11.3% | 15% - 18.1% | 68 | ||||||||
| CS Con Recursos B.P (Por Fomentamos) | 10.9% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | 11.2% - 12% | 11.2% - 12% | 93 |
| Key Statistics | |
|---|---|
| # Samples: | |
| # Products | |
| # Institutions | |
| # Countries | |
| # Borrowers | |
| Loan Portfolio (USD) | |
| % Products using declining balance | |
| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
