cochabamba/voluntariado/agrocapital
PERFIL DE LA INSTITUCION
Nombre:
AgroCapital
Dirección:
Calle Nataniel Aguirre N° S-0669, Cochabamba, Bolivia
Teléfono:
+591-4-4501250, +591-4-4501159
Telefax:
+591-4-4501255
Pagina Web:
--
Correo electrónico:
agrocapital@agrocapital.org.bo
Descripción:
Agrocapital's mission is to promote the economic development of Bolivia and consequently to increase the welfare level of the Bolivian population by helping the rural productive sector through the provision of short and medium-term credit for rural production, processing, transportation, distribution as well as other complementary services targeted at small and micro-enterprises.
Agrocapital was created in 1992 through the joint efforts of the Bolivian government and USAID, with technical assistance provided by the "Agricultural Cooperative Development International" (ACDI). Originally intended to support farmers going through coca growing substitution, Agrocapital is now going far beyond this original focus. Agrocapital's objective is to become a "Fondo Financiero Privado" (FFP), supervised by the Superintendence of Banks, and is already complying with all formal reporting requirements. Agrocapital's main challenge is "to be the first rural financial institution in Bolivia firmly committed to contributing to the improvement of the society's standard of living."
Products Agrocapital deals with three rural sub-segments: the primary producers, the processors and the services providers, it essentially offers two types of loans (Investment and microlines). Investment loans are targeted at experienced micro-entrepreneurs, with successfully developing businesses, generally requiring higher loan amounts (US$ 13,800 average). Such loans have maturities ranging from 1.5 to 5 years (3.2 years average) and annual interest rates between 12.5 and 27% according to the amount of loan. "Microlines" are usually smaller loans (US$ 1700 average). They bear an annual interest rate of 21 to 42% and terms range from 60 to 730 days (356 days average).
