| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | http://WWW.FUNDACIONALTERNATIVA.ORG.EC/ |
| Year established | 1991 |
| Head of Institution | DRA. MONICA HERNANDEZ DE PHILLIPS |
| Regions active | |
| # Branches | 5 |
| Total Portfolio (nat'l) | USD 5,545,858.27 |
| Total Portfolio (USD) | USD 5,545,858.27 |
| Active clients with loans | 4,310 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | RED FINANCIERA RURAL |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CREDITO INDIVIDUAL | USD 500 - 10,000 | 3 - 36 | 60% - 80% | 20% - 40% | Business, Housing, Consumer, Education | Women, Men, Have business | Credit Ins, Tech Asst Visits, Business Training | |||||||
| GRUPO SOLIDARIO | USD 100 - 2,000 | 3 - 15 | 60% - 80% | 20% - 40% | Business, Housing, Consumer, Education | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CREDITO INDIVIDUAL | 10.6%-24.5% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 19% - 24.9% | 19.8% - 26.5% | 45 | ||||||||
| GRUPO SOLIDARIO | 26.9% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 27% - 27.4% | 27.4% - 35% | 87 |
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