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 2.53 million outstanding portfolio
1,251 clients

USD 2,374 average group loan
USD 4,786 average individual loan
USD 1,403 average institutional loan

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

Loan Portfolio Composition

61%

Group

8%

Individual

31%

Institutional

Social Outreach

62%

Women

14%

Youth

31%

Rural

31%

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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