ECLOF Ecuador

ECLOF Ecuador is a small not-for-profit MFI. From its office in Quito, 7 staff serve clients across 8 of the 24 provinces of Ecuador. ECLOF Ecuador caters to urban and rural micro businesses and smallholder farmers, providing financial and related non-financial services. One third of clients stem from indigenous communities of Inca descent. Most agricultural clients are organized in farmer associations or agricultural cooperatives. Besides giving out loans, ECLOF trains clients on financial literacy, organic farming practices and gaining access to markets.

Head Office: Quito
Branches

Key data

USD 2.33 million outstanding portfolio
1,301 clients

USD 1,904 average group loan
USD 3,204 average individual loan
USD 1,211 average institutional loan

Established in 1978
Head office in Quito
1 branch
7 staff
80% loan officers

Loan Portfolio Composition

45%

Group

26%

Individual

29%

Institutional

Social Outreach

64%

Women

14%

Youth

41%

Rural

41%

Agricultural

Publications

Contact information

ECLOF Ecuador

Ms Yolanda Montalvo
Executive Director

Avenida Colón E6-12 Y Rabida
Edificio Ave Maria Quinto Piso
Oficina 5-A
Quito
Ecuador

Email: eclofecuador@eclof.org.ec
Phone: +593 2 2523 214
Fax: +593 2 2504 735

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