| Institution Type | Bank |
| Is this institution regulated? | Yes |
| Website address | http://www.banco-solidario.com/ |
| Year established | 1996 |
| Head of Institution | MICHEL BURBANO VALENZUELA |
| Regions active | |
| # Branches | 37 |
| Total Portfolio (nat'l) | USD 289,095,675 |
| Total Portfolio (USD) | USD 289,095,675 |
| Active clients with loans | 134,799 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | Accion Internacional, Red Financiera Rural |
| Funders | Banco Universal S.A Unibanco, Accion, SPC, Northstar Investments Holdings Corporation, Indemnity Advisors Inc |
| 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 |
| 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 | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| ACSI | 682,200 | 103,172,000 | 5 | 144 |
| ADCSI | 176,100 | 30,846,000 | 2 | 145 |
| BG | 47,000 | 4,048,000 | 4 | 144 |
| DECSI | 361,000 | 96,304,000 | 7 | 144 |
| Dire | 4,900 | 828,000 | 4 | 144 |
| DMCPSC | 1,200 | 69,000 | 1 | 144 |
| Eshet | 18,800 | 2,392,000 | 3 | 144 |
| Harbu | 22,400 | 1,757,000 | 2 | 144 |
| Meklit | 12,200 | 1,395,000 | 4 | 144 |
| Metemamen | 10,500 | 650,000 | 6 | 144 |
| OCSSCO | 502,700 | 69,565,000 | 3 | 144 |
| OMO | 323,600 | 31,385,000 | 4 | 144 |
| PEACE | 17,200 | 2,462,000 | 3 | 144 |
| SFPI | 33,600 | 2,750,000 | 3 | 144 |
| Sidama | 53,400 | 1,162,000 | 6 | 144 |
| Wasasa | 49,300 | 5,798,000 | 4 | 144 |
| Wisdom MFI | 45,300 | 5,500,000 | 6 | 141 |
| Key Statistics | |
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| % Products with compulsory deposits |
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