Fondo Ecuménico de Prestamos de la República Dominicana (ECLOF)

Eclof Dominicana is a microfinance institution that offers assistance to productive entities that need to finance their commercial activities.

General Information

The Team

Management Team:

William Jiménez, Executive Director
Jaqueline Taveras, Financial Manager
Pedro Moreno, Credit Manager

Board Members:

Esperanza Lora, President
Moisés Parra, Vice President
Ada Wiskovitch, Secretary
María Luz Viloria, Treasurer
Santiago Sosa, Vocal
William Martínez, Vocal
Susana Sánchez, Vocal
Leonel Roland, Member

Contact Information

  • Telephone: 809 333-5273
  • Email: eclof@tricom.net
  • Address:

    Calle Alberto Peguero No.103, Miraflores. Sto.Dgo, Rep.Dom

  • Website: http://eclof.org.do/
  • Social Networks: Facebook | Twitter

Contact Person

  • Name: Jennifer Balera
  • Position: Assistant
  • Telephone: 809 333-5273
  • Email: eclof@tricom.net

Operation

  • Type of Organization: Non-Profit Organization
  • International Affiliations:
  • Years of Operation: 31
  • Number of Employees: 110
  • Number of Members: N/A
  • Number of Volunteers:

    From 5 – 6 interns per year

  • Sources of Funding:

    ECLOF International
    ECOCREDIT
    Clients

  • Products/Services:
  • Total Income: RD$136,389,359
  • Total Expenses: RD$96,191,776

Mission/Vision

Mission[/I]:
To contribute to the sustainable development of low-income populations, through financial services, training and education, with a focus on gender.

Vision]/u]:
To be the preferred financial entity, with diversified services, highly specialized staff who identify with the institution’s mission, contributing in a sustainable way to the integral development of our clients.

Primary Programs and Projects

United Groups:

Loans:
• Individual
• For Home Improvement,
• Season
• Institutional
• Agricultural
• For Entrepreneurship
• Equipment Purchases

Financial Education:
The goal of the Program is to offer internal and external clients the knowledge and tools necessary to create, operate and consolidate a profitable and sustainable business over time.

Expert Comments

We ask each of our experts to recommend five entities in their area(s) of expertise which have had a positive impact. Below please find comments from our experts who have recommended this entity.

  • They work in the area of economic development and microfinance. They are focused on rural communities and church groups.

More Expert Comments

  • They do an excellent job offering small loans at very competitive rates.

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  • ECLOF could continue to strengthen its financial reporting practices.

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