ECLOF Dominican Republic is a mid-sized microfinance institution registered as a cooperative society. From 15 outlets in the greater Santo Domingo area, ECLOF serves mainly women engaging in urban and rural businesses. Besides loans, ECLOF provides business education and financial literacy training to its clients. For its home improvement loan product which combines financing with technical training, ECLOF Dominican Republic was awarded as most innovative microfinance institution.
Head Office: Santo Domingo
USD 8.9 million outstanding portfolio
USD 217 average group loan
USD 592 average individual loan
USD 3,080 average institutional loan
Established in 1984
Head office in Santo Domingo
50% loan officers
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