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WWB Colombia offers loans starting at US $ 50. However, the average loan size is US $ 1.100. Loans are provided through simple procedures and personalized attention. Terms and rates are fixed according to the type of microbusiness, and collateral requirements according to the condition of each micro
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The group uses an individual loan methodology based on a computerized information system. The institution’s client-base is 67% women, mainly from the 1st, 2nd and 3rd strata of the population (the lowest income strata). The clients’ main business activities revolve around production (20%), sales
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WWB Colombia was the first entity to grant a micro loan in the country. Today it is one of three main microcredit players in
Colombia. It was the first to affiliate to the
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In
February 2005, WWB Colombia issued its first bond on the Colombian Stock Exchange. The amount, in two tranches, was $ 120.000 million (US $ 52 million). The rating by
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As of
December 31, 2008, WWB Colombia had 230.000 current loans. The number of jobs generated by microenterprises funded by WWB Colombia amounted to 280.000.
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entrepreneur. 82% of all loans granted by the institution are renewals. WWB Colombia also offers insurance (life and education).
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As of March 2009, WWB Colombia had approximately 1.000 employees and a network of 59 branches. Its headquarters were in
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WWB Colombia - Cali was founded in 1980 by a group of professional and businesswomen in Cali, Colombia.
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It received financial and technical support from various institutions, including the
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WWB Colombia Annual Report 2007 - in
Spanish (6,9 MB)
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WWB Colombia Annual Report 2007 - in
English (198 KB)
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271:Women's organisations based in Colombia
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