Problem.

There are more than 25 MM people without access to credit lines in Colombia (out of a base of 33 MM).

73% of credit applications are denied by incumbent banks, leaving a large part of the population without any financing options.

Informal options such as “Gota a Gota” charge impossibly high interest rates and threaten personal security.
Solution.

Revolving credit line USD 50 – 500; up to 90 days term and 12 month contract.

Competitive and transparent pricing - 40% cheaper than our biggest competitor.

Flexible credit assessment - independents, thin files, and new-in-financial system customers.

High-speed approval - 18 secs on average .

Fast disbursement within 4 hours of approval.
Results.
+75.000
Average monthly loan disbursements
+2 Million
Disbursed loans
25%
Below average market delinquency
13
Average loans per client
80%
Municipalicities reached
in Colombia