MFI ReportPartnerships
| Name | Relationship |
|---|---|
| DCR Colombia | Rating |
| MicroRate | Rating |
| WWB | Network Affiliation |
Related Organizations
| Name | Relationship |
|---|---|
| Smart Campaign | Endorsement |
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282.2 million203,7231,385.40.0—0
Mission:
Contribute to increase the quality of life for the lower income population, with emphasis in the entrepreneur women and their families.
With this objective, it carries out loan programs to increase the earnings and assets of the clients, which generates stability and permanence in the institution
With this objective, it carries out loan programs to increase the earnings and assets of the clients, which generates stability and permanence in the institution
Background and Main Challenges:
WWB Colombia - Cali was founded in 1982 by a group of professional and businesswomen, with the help of firms and other residents of the city of Cali, Colombia. During its 28 years of existence, it has received the support of the Women's World Banking Network, the IDB (Interamerican Development ... Read more
WWB Colombia - Cali was founded in 1982 by a group of professional and businesswomen, with the help of firms and other residents of the city of Cali, Colombia. During its 28 years of existence, it has received the support of the Women's World Banking Network, the IDB (Interamerican Development Bank), IFC (International Finance Corporation), GTZ, CGAP (Consultative Group to Assist the Poor) and of various multilateral and technical cooperation institutions.
In February 2005, WWB Colombia entered the capital markets with its first bond issue in the Colombian Stock Exchange. The amount, in two tranches, was $120.000 million (US $52 million). The rating by Duff & Phelps was AA+ (AAA is the maximum rating).
A second issue is planned for US $100 million.
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In February 2005, WWB Colombia entered the capital markets with its first bond issue in the Colombian Stock Exchange. The amount, in two tranches, was $120.000 million (US $52 million). The rating by Duff & Phelps was AA+ (AAA is the maximum rating).
A second issue is planned for US $100 million.
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Address:
Avenida 5 Norte No. 16 N-57 Valle del Cauca
Cali
Colombia
Phone:
(572) 608-3999
Fax:
(572) 668-2838
Email:
claraserra_akerman [at] bancowwb [dot] com
Website:
Main Funding Sources:
Loans
Products and Services:
Loans
Insurance
Products:
Through an individual loan methodology based on a computerized information system, WWB Colombia has responded to the needs of the institution's clients in accordance with the local environment. These micro entrepreneurs, 67% of which are women, belong mainly to the 1st, 2nd and 3rd strata of the ... Read more
Through an individual loan methodology based on a computerized information system, WWB Colombia has responded to the needs of the institution's clients in accordance with the local environment. These micro entrepreneurs, 67% of which are women, belong mainly to the 1st, 2nd and 3rd strata of the population (this are the lowest income social levels) by which WWB Colombia reaffirms its vocation to work in favor of low-income women. The activities of the clients are in production (20%), sales (55%) and services (25%) sectors. WWB Colombia offers loans starting at US $50 with loans averaging US $1.100 at terms and rates fixed according to the type of business, offering simple procedures, personalized attention and collateral requirements according to the condition of each micro entrepreneur. (82% of all loans granted by the institution are renewals, which indicate client’s loyalty to the institution.)
• Loans
• Insurance (Life and education)
WWB Colombia also provides:
• Monthly Publication WWB al Día (WWB update)
• Training and informative television programs
• Peaceful coexistence programs
• Customer Advocate
• Fonoamigo (Friendly Phone line)
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• Loans
• Insurance (Life and education)
WWB Colombia also provides:
• Monthly Publication WWB al Día (WWB update)
• Training and informative television programs
• Peaceful coexistence programs
• Customer Advocate
• Fonoamigo (Friendly Phone line)
Hide
Services Provided:
Health
Education
Other
Looking for (Investment Types):
Loans in Local Currency
Loans in US$
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 1982
FYE:
31-Dec
Current Legal Status:
NGO
Regulated:
no
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
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Clara Serra de AkermanPresidentcakerman [at] fwwbcol [dot] org(572) 661-5699 int. 102
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Felipe OlaveNational Loan Managerfolave [at] fwwbcol [dot] org+57 2 608 3999 ext. 296
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Jaime Andres Garcerant CongoteAsistente de Presidenciajgarcerant [at] fwwbcol [dot] org572 608 3914
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Miryam BonillaVicepresidente de Contraloría y Riesgosmbonilla [at] fwwbcol [dot] org(572) 608-3999 ext. 131
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Myriam BonillaFinancial Managermbonilla [at] fwwbcol [dot] org+57 2 608-3931
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Nestor Raúl PlataExecutive Directornplata [at] fwwbcol [dot] org(572) 661-5699 int. 122
