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 |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.vfcrwanda.com/ |
Year established | 1999 |
Head of Institution | Shem Kakembo |
Regions active | Bugesera, Burera, Gakenke, Gasabo, Gatsibo, Gicumbi, HuyeKayonza, Kicukiro, Kirehe, Musanze, Ngoma, Ngororero, Nyabihu, Nyamagabe, Nyarugenge |
# Branches | 0 |
Total Portfolio (nat'l) | RWF 2,223,773,287 |
Total Portfolio (USD) | USD 3,474,645.76 |
Active clients with loans | 14,226 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 20% - 40% |
Network affiliations | AMIR, World Vision International, MAIN, ANAFI |
Funders | Vision Fund International, Terrafina, KIVA, Triple Jump |
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 | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Akarusho (Progress Equipment) Loan | RWF 96,000 - 700,000 | 6 - 36 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Inyongerabukungu (Grow the Economy) Loan | RWF 500,000 - 2,000,000 | 3 - 24 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Credit Ins | |||||||
Iyambere (Individual Progress) Loan | RWF 500,000 - 4,000,000 | 3 - 24 | 40% - 60% | 60% - 80% | Business | Women, Men, Have business, Must have collateral | Credit Educ, Group Mtgs, Credit Ins | |||||||
Koramuhinzi (Farmers Please Work) Loan | RWF 10,000 - 300,000 | 3 - 9 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Ubwizerane (Trust) Loan | RWF 150,000 - 250,000 | 3 - 12 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Urunana (Community Bank) Loan | RWF 30,000 - 495,000 | 3 - 8 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business | Group Mtgs, Credit Ins, Business Training |
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 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Akarusho (Progress Equipment) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins | None | N/A | 53.6% - 55.6% | 55.5% - 57.9% | 53 | ||||||||
Inyongerabukungu (Grow the Economy) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins | None | N/A | 37.4% - 59.1% | 41.2% - 63.7% | 61 | ||||||||
Iyambere (Individual Progress) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins | None | N/A | 44.2% - 58% | 46% - 61.3% | 56 | ||||||||
Koramuhinzi (Farmers Please Work) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins | None | 20.00% upfront | 37.2% - 37.4% | 51.8% - 52.1% | 57 | ||||||||
Ubwizerane (Trust) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins | None | 20.00% upfront | 60% - 62.1% | 95.8% - 100.5% | 30 | ||||||||
Urunana (Community Bank) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins | None | 20.00% upfront | 28.7% - 37.2% | 42% - 51.8% | 61 |
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 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 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 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 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 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 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 Ins | None | N/A | 33.9% - 53.2% | 34.5% - 53.9% | 48 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Akarusho (Progress Equipment) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 53.6% - 55.6% | 55.5% - 57.9% | 53 | ||||||||
Inyongerabukungu (Grow the Economy) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 37.4% - 59.1% | 41.2% - 63.7% | 61 | ||||||||
Iyambere (Individual Progress) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 44.2% - 58% | 46% - 61.3% | 56 | ||||||||
Koramuhinzi (Farmers Please Work) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.00% upfront | 37.2% - 37.4% | 51.8% - 52.1% | 57 | ||||||||
Ubwizerane (Trust) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.00% upfront | 60% - 62.1% | 95.8% - 100.5% | 30 | ||||||||
Urunana (Community Bank) Loan | 30.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.00% upfront | 28.7% - 37.2% | 42% - 51.8% | 61 |
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