Institution # Borrowers Portfolio (US$) Products Age of Data
ACB-SA4,3351,476,2886103
Comicoka827758,4354103
COOJAD511823,2156103
COOPEDU2,0297,549,8359103
Duterimbere6,6074,365,0443103
Goshen2,0763,716,0085120
Inkingi2,6482,593,3665120
RML4,9603,473,7813103
UCU3,3911,603,5244103
Urwego37,90014,755,0006
Vision Finance14,2263,474,6466120
Wisigara2,177904,7083103
Zamuka253124,4453103
Zigama CSS53,80659,670,7532120
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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: 131 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
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