Asociación Nacional Ecuménica de Desarrollo (ECLOF Bolivia)

Gross Loan Portfolio USD, 2010: 6.9 million

Number of active borrowers 2010: 5,731

Average loan balance per borrower USD, 2010: 1,198.6

Deposits USD, 2010: 0.0

Assets USD, 2010: 11.1 million

Number of depositors 2010: 0

Mission:

Contribuir al desarrollo económico y social, de personas y organizaciones, brindando oportunidades de acceso a servicios financieros justos, adecuados y oportunos.

Background and Main Challenges:

Adecuación a la nueva norma regulatoria a ser implementada por el Gobierno. Para ANED la gestión 2009, significó el inicio de transformaciones internas de la mano de las innovaciones tecnológicas y ajustes operativos. En el marco del proceso de regulación, un nuevo reto no solamente para ANED ... Read more

Address:

Calle Rosendo Gutiérrez Nº 679, esq. Enrique Finot

La Paz

Murillo

12528

Bolivia

Phone:

(591 2) 2418716

Fax:

(591 2) 2419505, (591 2) 2422010

Email:

aned [at] ceibo [dot] entelnet [dot] bo

Website:

www.aned.org

Main Funding Sources:

Loans

Products and Services:

Loans

Insurance

Fund Transfer Services

Products:

Microwarrant, Capital de Riesgo, Leasing con semovientes

Looking for (Investment Types):

Equity

Loans in Local Currency

Capacity-Building Grants

Donations

Guarantees

Loans in US$

Loans in EUR

Date established:

Jun 13 1978

FYE:

31-Dec

Current Legal Status:

NGO

Regulated:

Social Performance Profile


+ Mission specifics
+ Target markets (ranked by importance)
+ Development goals (ranked by importance)
+ Poverty targets
+ Governance
Has trained members of its board on social performance management
Has a formal board committee that monitors social performance
+ Range of products and services
+ Financial products and services offered
+ Credit products offered
Microcredit loans for microenterprises
Microcredit for household needs/consumption
Loans for agriculture
Loans for education
Housing loans
Credito para maquinaria y equipo (Leasing Financiero), Microwarrant, Banca Comunal, Microcapital de Riesgo Compartido.
+ Savings products offered
+ Compulsory insurance products required
+ Voluntary insurance products offered
+ Other financial products and services offered
Remittances services
Pago de Renta Dignidad (), Cobranza de Servicios de Telefonia (Celular, telefonía local fija e Internet)
+ Non-financial services offered
+ Enterprise services offered
Enterprise skills development
+ Education services offered
+ Health services offered
+ Women's empowerment services offered
Leadership training for women
+ Products and services targeting the poor
Products and services specifically designed to target the poor:
+ Social responsibility to clients
+ Client protection principles in use
The loan approval process requires evaluation of borrower repayment capacity and loan affordability. Loan approval does not rely solely on guarantees (whether peer guarantees, co-signers or collateral) as a substitute for good capacity analysis.
Internal audits check household debt exposure, lending practices that violate procedures including unauthorized re-financing, multiple borrowers or co-signers per household, and other practices that could increase indebtedness.
Productivity targets and incentive systems value portfolio quality at least as highly as other factors, such as disbursement or customer growth. Growth is rewarded only if portfolio quality is high.
Prices, terms and conditions of all financial products are fully disclosed to the customer prior to sale, including interest charges, insurance premiums, minimum balances, all fees, penalties, linked products, third party fees, and whether these can change over time.
Staff is trained to communicate effectively with all customers, ensuring that they understand the product, the terms of the contract, their rights and obligations. Communications techniques address literacy limitations (e.g. reading contracts out loud, materials in local languages).
Acceptable and unacceptable debt collection practices are clearly spelled out in a code of ethics, book of staff rules or debt collection manual.
The organization's corporate culture values and rewards high standards of ethical behavior and customer service.
A mechanism to handle customer complaints is in place, has dedicated staff resources, and is actively used. (Suggestion boxes alone are generally not considered adequate.)
Customers know how their information will be used. Staff explains how data will be used and seeks permission for use.
+ Cost of services to clients
Declining balance interest method
+ Social responsibility to staff
+ Human resources
Protection at work (safety, anti-harassment)
Equality (anti-discrimination, equal pay for men and women with equivalent skill levels)
+ Basis of staff incentives related to social performance
+ Social responsibility to the environment
This institution raises clients' awareness about environmental impacts
This institution trains/educates clients regarding environmental improvements
This institution identifies enterprises with environmental risk
+ Poverty measurement tools in use
Means test

Partnerships

Current
Name	Relationship
CORDAID	Funding
ECLOF	Network Affiliation
FINRURAL	Network Affiliation
Oikocredit	Funding
Planet Rating	Rating

MFI Report