ECLOF Dominican Republic

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
Branches

Key data

USD 8.9 million outstanding portfolio
19,911 clients

USD 217 average group loan
USD 592 average individual loan
USD 3,080 average institutional loan

Established in 1984
Head office in Santo Domingo
15 branches
137 staff
50% loan officers

Loan Portfolio Composition

22%

Group

70%

Individual

8%

Institutional

Social Outreach

78%

Women

21%

Youth

20%

Rural

0%

Agricultural

Publications

Contact information

ECLOF Dominican Republic

Mr William Jiménez
Executive Director

Calle Alberto Peguero 103
Ensanche Miraflores
Santo Domingo
Dominican Republic

Email: eclof@tricom.net
Website: www.eclof.org.do
Phone: +1 809 333 5273
Fax: +1 809 333 6402

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