Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.aned.org/ |
Year established | 1978 |
Head of Institution | Martha Patricia Machicado Duran |
Regions active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija |
# Branches | 38 |
Total Portfolio (nat'l) | BOB 45,322,243 |
Total Portfolio (USD) | USD 6,714,406.37 |
Active clients with loans | 5,652 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 20% - 40% |
Network affiliations | FINRURAL |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Bancos Comunales | BOB 500 - 8,000 | 6 - 24 | 80% - 100% | 20% - 40% | Business, Agriculture, Housing, Consumer, Education | Women, Men, Have business | Credit Educ, Credit Ins | |||||||
Credito Individual - BOB | BOB 1,000 - 70,000 | 4 - 69 | 40% - 60% | 20% - 40% | Business, Agriculture, Housing, Consumer, Education, Capital de Operación - Inversión | Women, Men, Have business, Para las Unidades Fami-Empresarial | Credit Ins | |||||||
Credito Individual - USD | USD 200 - 12,000 | 6 - 96 | 20% - 40% | 20% - 40% | Business, Agriculture, Housing, Consumer, Education, Capital de Operación - Inversión | Women, Men, Have business | Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Bancos Comunales | 26.0%-38.0% annual, Decl Bal | 0 Fees | 2 Ins | None | N/A | 26.1% - 37.9% | 27.1% - 38.9% | 78 | ||||||||
Credito Individual - BOB | 12.0%-36.0% annual, Decl Bal | 0 Fees | 2 Ins | None | N/A | 16.1% - 36% | 17.2% - 37% | 45 | ||||||||
Credito Individual - USD | 12.0%-36.0% annual, Decl Bal | 0 Fees | 2 Ins | None | N/A | 18.1% - 36% | 19.1% - 37% | 48 |
Outstanding portfolio (GHS) | GHS 82,480 |
Portfolio (USD) | USD 41,868.02 |
Active Clients with Loans | 1,120 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 60% - 80% |
Individual | x |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | x |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | x |
Business training | x |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | 1 |
Regions Active | Western Region |
Currency | GHS |
Minimum loan size | GHS 100 |
Maximum loan size | 2,000 |
Loans less than GHS 1,000 | 50% |
GHS 1,000-5,000 | 50% |
GHS 5,000-7,500 | 0 |
GHS 7,500-10,000 | 0 |
GHS 10,000-13,000 | 0 |
Greater than GHS 13,000 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 6.0 months |
Approx average | 4.5 months |
Loans 3 months or less | 20% |
Between 4 and 6 months | 80% |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | x |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 2.00% |
Highest quoted nominal interest | 3.00% |
Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | Yes |
Is rate fixed for entire loan term | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | GHS 315 | GHS 750 | GHS 1,500 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2013-01-21 | 2012-12-06 | 2013-03-19 | ||
Loan Term (Months) | 6.0 months | 6.0 months | 6.0 months | ||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
Total Cost of Credit | GHS 66.60 | GHS 159 | GHS 315 | ||
True Price by Comp | |||||
Interest price component | 68.1% | 67.1% | 66.5% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 68.1% | 67.1% | 66.5% | ||
Transparency Index | 35 | 36 | 36 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Key Statistics | |
---|---|
# Samples: | |
# Products | |
# Institutions | |
# Countries | |
# Borrowers | |
Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
---|---|---|---|---|---|---|---|
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
N (# of Samples) | ||||||
Total Borrrowers of Samples | ||||||
Avg | ||||||
Min | ||||||
Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |