Fundación Banco Mundial de la Mujer Córdoba

Mission:

El Banco Mundial de la Mujer se constituyó para contribuir al desarrollo socioeconómico local fomentando y promoviendo la participación directa y plena de la mujer y su familia en la economía, especialmente de la mujer microempresaria de bajos ingresos que opera en el sector informal y no ha ... Read more

Background and Main Challenges:

El Banco Mundial de la Mujer considera a las empresarias y productoras de bajos ingresos como agentes dinámicos de la economía, que necesitan tener acceso a las finanzas, conocimientos y mercados y no a la caridad o subsidios. Esta visión es coincidente con la organización. El Banco Mundial ... Read more

Address:

Av. Colón 1153

Córdoba

5000

Argentina

Phone:

54 351 4258318

Fax:

54 351 4258318

Email:

sucursal [dot] cordoba [at] bancodelamujer [dot] com

Website:

www.bancodelamujer.com

Main Funding Sources:

Préstamos

Products and Services:

Préstamos

Services Provided:

Servicios de desarrollo empresarial

Looking for (Investment Types):

Capital

Préstamos en moneda local

Donaciones

Donaciones para crear capacidad

% Operations Comprised by MF:

91 - 100

Date established:

Mar 30 1992

FYE:

31-Dec

Current Legal Status:

NGO

Regulated:

Social Performance Profile


+ Mission specifics
+ Target markets (ranked by importance)
Women	1
Clients living in urban areas	2
+ Development goals (ranked by importance)
Poverty reduction	1
Employment generation	2
Increased access to financial services	3
+ Poverty targets
Poor clients
Low income clients
+ Governance
+ Range of products and services
+ Financial products and services offered
+ Credit products offered
Microcredit loans for microenterprises

+ Savings products offered
+ Compulsory insurance products required
+ Voluntary insurance products offered
+ Other financial products and services offered
+ Non-financial services offered
+ Enterprise services offered
+ Education services offered
+ Health services offered
+ Women's empowerment services offered
+ Products and services targeting the poor
Products and services specifically designed to target the poor:	Capacitacion para microemprendedores.
+ 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.
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
Flat interest method
+ Social responsibility to staff
+ Human resources
Transparency on salary (a clear salary scale based upon market salaries)
Benefits (medical insurance, pension contribution)
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
Ability to attract new clients from target market
Quality of interaction with clients based on client feedback mechanisms
Client retention/drop-out rate
Portfolio quality
+ Social responsibility to the environment
This institution includes specific clauses in its loan contracts to mitigate specific environmental risks
+ Poverty measurement tools in use
Per capita household expenditure
Per capita household income

Partnerships

Current
Name	Relationship
RADIM	Network Affiliation

MFI Report