Contactar is an established microfinance institution in southwest Colombia. This promising and strong growing non-governmental organisation has an excellent market position in the rural and agricultural market. In the rural areas of Colombia there is a high – largely unmet - demand for financial services. The loan provided by Triodos-Doen will allow Contactar to expand its activities further in these areas.
KEY INDICATORS Contactar at year-end 2012:
- number of loan clients: 57,282
- percentage female clients: 47%
- percentage rural clients: 80%
- average loan amount: EUR 685
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.