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 |
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