| Outstanding portfolio (KES) | KES 4,637,736.35 |
| Portfolio (USD) | USD 56,011.31 |
| Active Clients with Loans | 32 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 40% - 60% |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | x |
| Other | |
| Other (2) |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.fmm.org.co/ |
| Year established | 1985 |
| Head of Institution | DIEGO FERNANDO MUÑOZ PORTILLA |
| Regions active | |
| # Branches | 93 |
| Total Portfolio (nat'l) | COP 448,877,000,000 |
| Total Portfolio (USD) | USD 246,635,714.30 |
| Active clients with loans | 314,135 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | WWB, EMPRENDER |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo | COP 500,000 - 15,000,000 | 1 - 24 | 60% - 80% | 20% - 40% | Any Purpose | Women, Men, Salaried worker | ||||||||
| MICROCREDITO | COP 400,000 - 61,800,000 | 1 - 48 | 60% - 80% | 20% - 40% | Any Purpose | Women, Men, Have business, Specific age group | Credit Ins, Tech Asst Visits | |||||||
| Créditos superiores | COP 62,000,000 - 128,000,000 | 12 - 48 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business | Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo | 20.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 21.7% - 23% | 22.5% - 23.6% | 87 | ||||||||
| MICROCREDITO | 26.4%-29.5% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 29.9% - 41.6% | 30.7% - 42.3% | 74 | ||||||||
| Créditos superiores | 20.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 0% | 0% | N/A |
| Key Statistics | |
|---|---|
| # Samples: | |
| # Products | |
| # Institutions | |
| # Countries | |
| # Borrowers | |
| Loan Portfolio (USD) | |
| % Products using declining balance | |
| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
