IDER Cesar Vallejo

Gross Loan Portfolio USD, 2010: 1.2 million

Number of active borrowers 2010: 2,257

Average loan balance per borrower USD, 2010: 528.3

Deposits USD, 2010: 0.0

Assets USD, 2010: 1.7 million

Number of depositors 2010: 0

Mission:

Somos una institucion sólida, competitiva y confiable que brinda servicios sociales y economicos con prioridad a la poblacion rural y urbana excluida del Peru. El objetivo general del Area de Microfinanzas es: Contribuir a mejorar los ingresos prioritariamente de la población rural y urbana ... Read more

Background and Main Challenges:

- Ser una ONG líder en Microfinanzas a nivel de ONG en el Perú. - Impulsar el crédito rural. - Apoyar a la bancarizacion de las zonas y distritos mas pobres del norte del Perú. - Extender la atencion con 2 nuevas agencias en los prox 3 años. - Apoyar la p

Address:

Mza. LL, Lote 19, Urb. San Isidro

Trujillo

La Libertad

Peru

Phone:

044 20-6217

Email:

ider [at] idercv [dot] org

Website:

www.idercv.org

Main Funding Sources:

Loans

Products and Services:

Loans

Services Provided:

Business Development Services

Health

Other

Looking for (Investment Types):

Loans in Local Currency

Loans in US$

% Operations Comprised by MF:

91 - 100

Date established:

Jan 1 1995

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
Clients living in rural areas	3
Pescadores artesanales	4
+ Development goals (ranked by importance)
Poverty reduction	1
Employment generation	2
Increased access to financial services	3
Desarrollo de capacidades	4
Health improvement	5
Growth of existing businesses	6
Gender equality and women's empowerment	7
Youth opportunities	8
+ Poverty targets
Poor clients
Low income clients
+ 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
+ Savings products offered
+ Compulsory insurance products required
+ Voluntary insurance products offered
+ Other financial products and services offered
+ Non-financial services offered
+ Enterprise services offered
Enterprise skills development
Business development services
Manualidades y artesanía.
+ Education services offered
Basic health/nutrition education
Child and youth education
+ Health services offered
Servicios de prevención básica de salud, campañas de salud.
+ Women's empowerment services offered
Women's rights education/gender issues training
Crédito para mujeres emprendedoras.
+ Products and services targeting the poor
Products and services specifically designed to target the poor:	Crédito de S/. 300.00 hasta S/. 500.00, con tasa mínima y pago semanal.
+ 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
Transparency on salary (a clear salary scale based upon market salaries)
Benefits (medical insurance, pension contribution)
Equality (anti-discrimination, equal pay for men and women with equivalent skill levels)
Desarrollo de competencias de los recursos humanos
+ Basis of staff incentives related to social performance
Ability to attract new clients from target market
Quality of social data collected
Portfolio quality
Cumplimiento de metas de colocaciones.
+ Social responsibility to the environment
This institution raises clients' awareness about environmental impacts
This institution trains/educates clients regarding environmental improvements
+ Poverty measurement tools in use
Grameen Progress out of Poverty Index (PPI)

Partnerships

Current
Name	Relationship
COPEME	Network Affiliation
Oikocredit	Funding

MFI Report

Select i

Social Performance Profile

Partnerships

At a glance

Contacts

MIX Market Data Updates

Share this Profile

Global Partners