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Asociación Cooperación para el Desarrollo Rural de Occidente (CDRO)

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The content below is not actively maintained and may be out of date. We last updated the content below in June 2010.

CDRO is a microfinance institution in Guatemala. CDRO offers loans; it does not offer voluntary saving services (i.e. savings not tied to borrowing).1

We considered CDRO in June 2010 as part of our research on microfinance institutions. For details on how we evaluate a microfinance institution, see our questions for microfinance charities.

We reviewed CDRO's Mix Market profile and CDRO's Social Performance Standards report for 2008, and communicated with Mirna Chaclán, CDRO's Marketing and Social Performance director by email. We decided not to move forward with looking into CDRO because the language barrier prevented us from speaking in detail.

Sources

  • 1.

    Number of active borrowers (2008): 2,220
    Number of depositors (2009): 144
    Number of compulsory depositors: 144
    Mix Market, "CDRO: Data, Products and Clients."

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