EDPYME Credivisión | MFIs in Peru

Data provided through EDPYME Credivisión

Gross Loan Portfolio USD, 2011: 10.0 million

Number of active borrowers 2011: 11,052

Average loan balance per borrower USD, 2011: 903.1

Deposits USD, 2011: 0.0

Assets USD, 2011: 11.8 million

Number of depositors 2011: 0

Mission:

Institución financiera modelo de desarrollo empresarial con valores cristianos que contribuye con sus servicios financieros al desarrollo de las familias pobres con capacidad empresarial.

Background and Main Challenges:

Llegar a las zonas rurales no atendidas por otras instituciones con costos accesibles.

Address:

Av. Jose Galvez Barnachea Nº 696 Urb. Corpac San Isidro

Lima

Peru

Phone:

(01) 224-5909

Fax:

(01) 221-5636

Email:

mail [at] credivisionperu [dot] com

Website:

www.credivisionperu.com

Main Funding Sources:

Loans

Préstamos

Products and Services:

Loans

Préstamos

Looking for (Investment Types):

Loans in Local Currency

Loans in US$

Date established:

Jan 1 2000

FYE:

31-Dec

Current Legal Status:

NBFI

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	Unknown
+ Range of products and services
+ Financial products and services offered
+ Credit products offered
SME loans
+ 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
+ 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.	Unknown
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.	Unknown
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.	Unknown
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.	Unknown
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).	Unknown
Acceptable and unacceptable debt collection practices are clearly spelled out in a code of ethics, book of staff rules or debt collection manual.	Unknown
The organization's corporate culture values and rewards high standards of ethical behavior and customer service.	Unknown
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.)	Unknown
Customers know how their information will be used. Staff explains how data will be used and seeks permission for use.	Unknown
+ Cost of services to clients
+ Social responsibility to staff
+ Human resources
+ Basis of staff incentives related to social performance
+ Social responsibility to the environment
+ Poverty measurement tools in use

Partnerships

Current
Name	Relationship
ASOMIF PERU	Network Affiliation
COPEME	Network Affiliation
Oikocredit	Funding
Planet Rating	Rating
Planet Rating - Latin America	Rating
Vision Fund	Network Affiliation

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Social Performance Profile

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