Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.credife.com/ |
Year established | 1999 |
Head of Institution | Paul Alejandro Arias |
Regions active | |
# Branches | 117 |
Total Portfolio (nat'l) | USD 397,135,164 |
Total Portfolio (USD) | USD 397,135,164 |
Active clients with loans | 106,185 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 40% - 60% |
Network affiliations | Accion Internacional, Red Financiera Rural |
Funders | Banco Pichincha C.A |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumo | USD 300 - 10,000 | 2 - 24 | 40% - 60% | 60% - 80% | Any Purpose | Women, Men, Have business | Credit Ins | |||||||
Credito Mejoramiento de Vivienda | USD 1,000 - 20,000 | 3 - 60 | 40% - 60% | 60% - 80% | Housing | Women, Men, Have home or land, Al menos 6 meses de relacion de crédito con la institución | Credit Ins | |||||||
Credito para Activo Fijo | USD 500 - 20,000 | 3 - 36 | 40% - 60% | 60% - 80% | Housing, Compra de terrenos destinados al negocio, Compra/arreglo locales comerciales | Women, Men, Have business, Al menos 24 meses de experiencia en su actividad | Credit Ins, Tech Asst Visits | |||||||
Credito para Capital de Trabajo | USD 300 - 20,000 | 2 - 24 | 40% - 60% | 60% - 80% | Business, Housing | Women, Men, Have business, Llevar sus negocios en condiciones de informalidad pero con un local fijo, Nacional o extranjero residente al menos dos años | Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumo | 24.5%-26.9% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 22.9% - 26.8% | 23.5% - 27.5% | 98 | ||||||||
Credito Mejoramiento de Vivienda | 10.9%-26.9% annual, Decl Bal | 0 Fees | 2 Ins | None | N/A | 10.8% - 27.3% | 11.4% - 27.9% | 67 | ||||||||
Credito para Activo Fijo | 22.5%-26.9% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 22.4% - 26.8% | 23.1% - 27.4% | 92 | ||||||||
Credito para Capital de Trabajo | 22.5%-26.9% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 22.4% - 26.8% | 23.1% - 27.4% | 92 |
Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
---|---|---|---|---|
ACSI | 682,200 | 103,172,000 | 5 | 146 |
ADCSI | 176,100 | 30,846,000 | 2 | 147 |
BG | 47,000 | 4,048,000 | 4 | 146 |
DECSI | 361,000 | 96,304,000 | 7 | 146 |
Dire | 4,900 | 828,000 | 4 | 146 |
DMCPSC | 1,200 | 69,000 | 1 | 146 |
Eshet | 18,800 | 2,392,000 | 3 | 146 |
Harbu | 22,400 | 1,757,000 | 2 | 146 |
Meklit | 12,200 | 1,395,000 | 4 | 146 |
Metemamen | 10,500 | 650,000 | 6 | 146 |
OCSSCO | 502,700 | 69,565,000 | 3 | 146 |
OMO | 323,600 | 31,385,000 | 4 | 146 |
PEACE | 17,200 | 2,462,000 | 3 | 146 |
SFPI | 33,600 | 2,750,000 | 3 | 146 |
Sidama | 53,400 | 1,162,000 | 6 | 146 |
Wasasa | 49,300 | 5,798,000 | 4 | 146 |
Wisdom MFI | 45,300 | 5,500,000 | 6 | 143 |
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