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Institution

Banco Solidario S.A Av. Amazonas 3887 y CoreaQuito, Pichincha28034
Data approved: 2011-11-01
Data version: 1
Age of data: 108 months

Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.banco-solidario.com/
Year established1996
Head of InstitutionMICHEL BURBANO VALENZUELA
Regions active
# Branches37

Total Portfolio (nat'l)USD 289,095,675
Total Portfolio (USD)USD 289,095,675
Active clients with loans134,799
Approximate % female clients60% - 80%
Approximate % urban clients60% - 80%
Network affiliationsAccion Internacional, Red Financiera Rural
FundersBanco Universal S.A Unibanco, Accion, SPC, Northstar Investments Holdings Corporation, Indemnity Advisors Inc

Loan Products » Summary

79,773 Borrowers
USD 221,716,874 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Microempresa USD 1,000 - 20,000 6 - 49.7 40% - 60% 60% - 80% Any Purpose Women, Men, Have business Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Microempresa 19.0%-27.0% annual, Decl Bal 0 Fees 1 Ins None N/A 24.2% - 27% 26.2% - 30.5% 66
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
ABT25,40037,378,000259
AKIBA26,90036,852,000472
BELITA5,800492,000172
BRAC Tanzania102,30019,663,000272
F & K Finance038,000194
FINCA Tanzania78,40031,517,000355
FMFC1,500392,000672
K-Finance Ltd1,000264,000272
Mbinga1,0002,986,000372
MCBL3,6002,837,000672
MDF Tanzania600148,000172
NMB45,10074,528,000172
Opportunity8,6003,018,000372
PRIDE Tanzania104,40033,321,000372
PTF-N/A72
Selfina8,0003,773,000294
Tujijenge Tanzania10,0002,060,000472
VF^Tanzania34,3907,613,000466
Victoria100377,000394
YOSEFO17,1002,211,000394
Caps / Zoom options
Key Statistics
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# Borrowers
Loan Portfolio (USD)
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% Products with one or more insurances
% Products with compulsory deposits
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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