Ciérrele la llave al ‘gota a gota’: balance de la estrategia que implementó Bogotá para impulsar créditos seguros

TL;DR

The "Ciérrele la Llave al gota a gota" initiative aims to combat illegal lending and offer safe credit alternatives.
The program partners with four fintech companies: AAvance, Monet, Plurall, and Quipo.
Since August 2024, 22,859 individuals have registered, and 6,565 have received loans totaling $4.227 billion pesos.
71% of participants with negative or no credit history regained access to the financial system.
33% of those who previously used "gota a gota" have stopped using informal credit.
Fintech solutions are proving effective in enabling users to access traditional credit later.
Monet alone has disbursed over 50,000 credits to over 6,000 micro-businesses and informal merchants.
Monet has generated over 25,000 positive reports to credit bureaus.
Eligibility includes individuals over 18 with incomes from $1 million pesos and a bank account or digital wallet.
The program is inclusive, also offering access to Venezuelan migrants without credit history.
40% of Monet's disbursed credits, approximately over 1.5 billion pesos, have been allocated to women.

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