Institution

Corporación Fomentamos Calle 53 No 42-52Medellín
Data approved: 2011-03-15
Data version: 1
Age of data: 159 months

Institution

Banco Solidario S.A Av. Amazonas 3887 y CoreaQuito, Pichincha28034
Data approved: 2011-11-01
Data version: 1
Age of data: 163 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

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

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

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
CS CON RECURSOS PROPIOS COP 50,000 - 1,000,000 3 - 4 60% - 80% 60% - 80% Business Women, Men, Have business

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
CS CON RECURSOS PROPIOS 29.5% annual, Decl Bal 1 Fee 1 Ins None N/A 44% - 50.4% 56.8% - 63.2% 48

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

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 Ins None N/A 44% - 50.4% 56.8% - 63.2% 48

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 Ins None N/A 24.2% - 27% 26.2% - 30.5% 66
Institution Price Graph
Institution Price Graph
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
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

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to