Institution Type | Credit Union / Cooperative |
Is this institution regulated? | Yes |
Website address | http://www.confiar.coop/ |
Year established | 1972 |
Head of Institution | Oswaldo Gómez |
Regions active | |
# Branches | 37 |
Total Portfolio (nat'l) | COP 311,910,000,000 |
Total Portfolio (USD) | USD 171,379,120.90 |
Active clients with loans | 43,877 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 40% - 60% |
Network affiliations | |
Funders |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1996 |
Head of Institution | |
Regions active | |
# Branches | 11 |
Total Portfolio (nat'l) | ZMK 8,200,000,000 |
Total Portfolio (USD) | USD 1,584,541.06 |
Active clients with loans | 14,300 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations | AMIZ, AFRACA, INAFI |
Funders | UNDP, IFAD (International Fund for Agricultural Development) |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédito Especial | COP 258,000 - 5,869,000 | 1 - 60 | 0% | 0% | Any Purpose | Women, Men | ||||||||
CrediAportes | COP 258,000 - 8,569,000 | 6 - 36 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men, Debe ser Asociado de la Cooperativa. | Credit Ins | |||||||
Credifacil | COP 267,800 - 34,814,000 | 6 - 60 | 0% | 0% | Any Purpose | Women, Men | ||||||||
Microcredit Productivo | COP 268,000 - 64,272,000 | 6 - 60 | 0% | 0% | Any Purpose | Women, Men | ||||||||
Ordinario | COP 535,600 - 38,625,000 | 6 - 60 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men | Credit Ins | |||||||
Vivienda de Interés Social VIS | COP 7,000,000 - 57,845,000 | 60 - 144 | 40% - 60% | 40% - 60% | Business, Para compra o construcción de Vivienda | Women, Men | Credit Ins | |||||||
Vivienda Especial | COP 35,000,000 - 84,975,000 | 60 - 120 | 40% - 60% | 40% - 60% | Housing, Para compra o construcción de Vivienda., Activo Fijo | Women, Men | Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equipment Loan | ZMK 2,000,000 - 50,000,000 | 12 - 36 | 20% - 40% | 40% - 60% | Business, Farmining business for throughout the year | Women, Men, Must have a farm holding and source of water throughout the year | Credit Educ, Group Mtgs, Credit Ins | |||||||
Individual SME Loan | ZMK 1,000,000 - 10,000,000 | 3 - 12 | 40% - 60% | 60% - 80% | Business, Consumer | Women, Men, Have business, Salaried worker, Either run a business or be salaried | Credit Educ, Group Mtgs, Business Training | |||||||
Twende Loan | ZMK 400,000 - 7,000,000 | 3 - 12 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business, Start a business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Savings , Education on HIV/AIDS, Gender, and Environment | |||||||
Dairy Loan | ZMK 500,000 - 25,000,000 | 6 - 24 | 0% - 20% | 20% - 40% | Business | Women, Men, Have business, Be in a business or start one; belong to a dairy cooperative | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédito Especial | 7.3%-14.5% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 9.2% - 14.5% | 11.5% - 14.7% | 58 | ||||||||
CrediAportes | 11.0%-13.8% annual, Decl Bal | 1 Fee | 0 Ins | None | 52,000.00 upfront | 12.3% - 17.6% | 12.5% - 18.8% | 74 | ||||||||
Credifacil | 14.4%-15.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 14.1% - 19.6% | 14.1% - 20.9% | 82 | ||||||||
Microcredit Productivo | 16.8%-24.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 20.3% - 30.8% | 20.3% - 37.1% | 63 | ||||||||
Ordinario | 16.8%-18.0% annual, Decl Bal | 1 Fee | 1 Ins | None | 52,000.00 upfront | 17.8% - 20% | 18.2% - 21.6% | 86 | ||||||||
Vivienda de Interés Social VIS | 12.4% annual, Decl Bal | 0 Fees | 2 Ins | None | 258,000.00 upfront | 12.2% | 12.7% - 13.5% | 95 | ||||||||
Vivienda Especial | 15.0% annual, Decl Bal | 0 Fees | 1 Ins | None | 515,000.00 upfront | 14% | 14.9% | 100 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equipment Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 28.1% - 28.5% | 30.4% - 30.8% | 81 | ||||||||
Individual SME Loan | 60.0%-72.0% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 67.6% - 70% | 72.2% - 74.7% | 82 | ||||||||
Twende Loan | 60.0% annual, Decl Bal | 1 Fee | 1 Ins | None | 15,000.00 upfront 6,000.00 ongoing | 60.2% - 63.2% | 65.3% - 82.4% | 86 | ||||||||
Dairy Loan | 30.0% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 59% - 59.8% | 63.5% - 64.4% | 47 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédito Especial | 7.3%-14.5% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | 9.2% - 14.5% | 11.5% - 14.7% | 58 | ||||||||
CrediAportes | 11.0%-13.8% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 52,000.00 upfront | 12.3% - 17.6% | 12.5% - 18.8% | 74 | ||||||||
Credifacil | 14.4%-15.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 14.1% - 19.6% | 14.1% - 20.9% | 82 | ||||||||
Microcredit Productivo | 16.8%-24.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 20.3% - 30.8% | 20.3% - 37.1% | 63 | ||||||||
Ordinario | 16.8%-18.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 52,000.00 upfront | 17.8% - 20% | 18.2% - 21.6% | 86 | ||||||||
Vivienda de Interés Social VIS | 12.4% annual, Decl Bal | 0 Fees | 2 Ins Ins | None | 258,000.00 upfront | 12.2% | 12.7% - 13.5% | 95 | ||||||||
Vivienda Especial | 15.0% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | 515,000.00 upfront | 14% | 14.9% | 100 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equipment Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 28.1% - 28.5% | 30.4% - 30.8% | 81 | ||||||||
Individual SME Loan | 60.0%-72.0% annual, Decl Bal | 2 Fees | 1 Ins Ins | None | N/A | 67.6% - 70% | 72.2% - 74.7% | 82 | ||||||||
Twende Loan | 60.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 15,000.00 upfront 6,000.00 ongoing | 60.2% - 63.2% | 65.3% - 82.4% | 86 | ||||||||
Dairy Loan | 30.0% annual, Decl Bal | 2 Fees | 1 Ins Ins | None | N/A | 59% - 59.8% | 63.5% - 64.4% | 47 |
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