Fundación Integral de Desarrollo Rural del Pacífico Central

Gross Loan Portfolio USD, 2010: 3.8 million

Number of active borrowers 2010: 3,542

Average loan balance per borrower USD, 2010: 1,074.1

Deposits USD, 2010: 0.0

Assets USD, 2010: 4.2 million

Number of depositors 2010: 0

Mission:

Satisfacer las necesidades financieras de los habitantes del área rural y semiurbana, de la sub región central sur del país, en forma eficaz y eficiente. Para mejorar su desarrollo y calidad de vida, sin deterioro del ambiente y con equidad de género

Background and Main Challenges:

Mejorar el nivel de vida de la familia campesina de la region, fortaleciendo la gestion comunal y el Modelo de crédito FIDERPAC.

Address:

Santigo, Puriscal 75 metros al sur del asilo de ancianos. Barrio Corazon de Jesus.

San José

Costa Rica

Phone:

(506) 2416-4233

Fax:

(506) 2416-6949

Email:

egonzale [at] fiderpac [dot] org

Website:

www.fiderpac.org

Main Funding Sources:

Loans

Products and Services:

Loans

Training and Consulting

Looking for (Investment Types):

Equity

Loans in Local Currency

% Operations Comprised by MF:

91 - 100

Date established:

Jan 1 1993

FYE:

31-Dec

Current Legal Status:

NGO

Regulated:

Social Performance Profile


+ Mission specifics
+ Target markets (ranked by importance)
Clients living in rural areas	1
Women	2
+ Development goals (ranked by importance)
Increased access to financial services	1
Poverty reduction	2
Development of start-up enterprises	3
Growth of existing businesses	4
+ Poverty targets
No specific poverty target
+ Governance
+ Range of products and services
+ Financial products and services offered
+ Credit products offered
Microcredit loans for microenterprises
Loans for agriculture
+ 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
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
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.
+ Cost of services to clients
Declining balance 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
+ Social responsibility to the environment
This institution raises clients' awareness about environmental impacts
+ Poverty measurement tools in use

Partnerships

Current
Name	Relationship
Oikocredit	Funding
REDCAMIF	Network Affiliation
REDCOM	Network Affiliation

MFI Report