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(WOMAN WORLD FOUNDATION). INSTITUTIONAL PROFILE. BACKGROUND. We are a foundation without spirit of gain, affiliated to Women´s World Banking and the National Plan of Development for the Micro-business.
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(WOMAN WORLD FOUNDATION) INSTITUTIONAL PROFILE
BACKGROUND • We are a foundation without spirit of gain, affiliated to Women´s World Banking and the National Plan of Development for the Micro-business. • We improve the economic conditions and the life´s quality of the sectors less favored, through the opportune and fast access credit granting, with most minimum requirements, creating culture of payment, culture of commitment and culture of progress. • During our 19 years of experience, we have offered credits to persons of strata 1, 2 and 3, with a participation of the industrious women of scarce resources of the two thirds of the granted credits to bolth genres.
BACKGROUND • Our main headquarters is found in Popayán and we count on 11 branches in different cities of the Colombian territory. We are in Popayán (2), Santander de Quilichao, Pasto: (2), Ibagué, Neiva, Barranquilla, Soledad (Atlantic), Cartagena, Villavicencio. INSTITUTIONAL MISSION In the Woman World Foundation we improve the life´s quality of the industrious woman of scarce resources and her family, by means of the opportune and easy access to credit and other services. The activities develop nationally with personalized technology, seeking generation of employment and increasing of assets and incomes for the clients and for the foundation, the growth and development of its human talent and its soundness and continuance in the time.
OUR VISION (YEAR 2.010) We will be a financial organization leader in the micro-managerial and social field of global character with products and novel services that fill the needs of our clients. OUR VALUES Honesty, Loyalty, Love, Justice and Outcome.
OUR PRODUCTS • Micro-bussines Credit. • Preferential credit. • Educational credit • Credit for Restructuring of Dwelling. • Credit for Maintenance of Public Transport. • Credit on Golden Jewels. • Rural credit.
COMPLEMENTARY SERVICES The Program of Commercial Links, in association with other institutions, fortifies the marketing by means of training, advising, participation in fairs, business´ rounds and technological days.
RECOGNITIONS • By our achievements we have received the following commendations: • Mention of Recognition Carlos Lleras Restrepo to the better financial intermediary for year NGO modality Micro-businesses 1999. • Reward to the Excellence in MFI offered by the Interamerican Bank of Development IDB year 2000. • Recognition to the Business Merit of “Proyección del Cauca”– News Papers and T.V. Year 2001 • Reward Foundation Ford 2.004, to the Innovation in Rural Credit.
SOCIAL BALANCE • In the last 5 years, we have offered 227.536 credits, that have contributed to improvement of the life conditions of the independent workers of the informal sector of the economy, preferentially women. • We have fortified the auto-employment of 77000 micro-emtrepeneurs, that have enlarged their incomes, increased the assets of their micro-businesses and consequently have improved its standard of living. On the other hand, it is estimated that other 40.000 persons have been benefited by means of the indirect employment. • We have offered credit to persons that traditionally have had no access to the formal banking.
Efficiency and Productivity Indicators Total Cost/Loan Portfolio Reserves/ average portfolio and financial cost/ average portfolio Average Time between Credit Request and Resolution Borrowers per Staff Member
Loans Portfolio Total Loans Disbursed (US) Current Loan Portfolio (US) Current Loans Loans Granted