WEB:www.lorente.fin.ec
Phone: +072571135
Ecuador

Description

COAC PADRE JULIAN LORENTE, is a financial cooperative dedicated to the provision of financial services to the most vulnerable sectors of the Southern Region of Ecuador, South America. The main products granted are loans for microentrepreneurs and entrepreneurs in poverty conditions. The Cooperative also captures resources of the partners mainly in the savings and investment accounts. The Cooperative has at home collection service aimed at microentrepreneurs, who through this mechanism are offered the opportunity to generate a savings culture.

The Cooperative has reached an asset growth of 30% the active,  the highest of the last decade, reaching over 61 million dollars with a total portfolio amount (credits) of 45,5 million dollars of which 10,2 million are directed to the microcredit, being a of financial institutions with the lowest level of delinquent mortgages: 0.98% nationwide.

In addition, the following awards have been obtained at European, Latin American and national level (Ecuador)

YEAR 2018: INTERNATIONAL EUROPE AWARD FOR QUALITY (PARIS-FRANCE), GLOBAL TRADE LEADERS CLUB

2018: BUSINESS MANAGMENT AWARDS ( MEDELLIN-COLOMBIA), GLOBAL BUSINESS CORPORATION.

2017: BUSINESS MANAGMENT AWARDS ( RIO DE JANEIRO-BRASIL), GLOBAL BUSINESS CORPORATION.

FINANCIAL PERFORMANCE RATING: AAA,  RED DE INSTITUCIONES FINANCIERAS DE DESARROLLO, ECUADOR.

RISK RATING :A-, BANK WATCH RATING, ECUADOR.

MIX MARKET: CERTIFICATE OF TRANSPARENCY IN INFORMATION.

ICORED: JUNE 2018:SECOND BEST COOPERATIVE WITHIN OUR SEGMENT