Banco Los Andes ProCredit S.A. - Creditos para Asalariados MN - MFTransparency.org Truth In Lending Tables

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Institution

Banco Los Andes ProCredit S.A. Av. Cristo Redentor No. 3730 entre 4 y 5 anilloSanta Cruz de la Sierra, Santa Cruz

Data approved: 2010-10-28

Data version: 1

Age of data: 170 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (BOB)	BOB 8,507,616.22
Portfolio (USD)	USD 1,260,387.59
Active Clients with Loans	1,031
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Crédito destinado a personas naturales asalariadas, mayores de edad que presenten un\rdocumento de identidad vigente, que sean empleadas permanentes de una empresa o Institución (privada,\rorganismos internacionales o delegaciones diplomáticas).

Loan Purpose

Any purpose	x
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings
Credit insurance	x
Workplace visits
Business training
Other training
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land
Must be a salaried worker	x
Must be specific age group
Other	Debe ser propietario de inmueble o presentar un garante personal
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	BOB
Minimum loan size	BOB 601
Maximum loan size	70,000

Loan Term and Grace Period

Shortest loan term	1.4 months
Longest loan term	61.4 months
Approx average	27.9 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly	x
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	6.60%
Highest quoted nominal interest	36.00%
Reason(s) why interest rate varies	Time as Client, Loan Size, Loan Purpose
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?
Is rate fixed for entire loan term	No

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/A
Is deposit indicated on the repayment schedule?	N/A
Do borrowers control deposit in their group?	N/A

Deposit BEFORE or AT Disbursement

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Creditos para Asalariados MN samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5
Loan Amount	BOB 2,465.32	BOB 6,970	BOB 14,000	BOB 28,500	BOB 56,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2010-02-12	2010-01-11	2010-04-16	2010-05-07	2010-02-05
Loan Term (Months)	15.0 months	24.0 months	36.0 months	36.0 months	36.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	28.4%	28.4%	24.8%	22.4%	16.2%
Insurance Component	0.0%	0.0%	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	28.4%	28.4%	24.8%	22.4%	16.2%
Transparency Index	23	23	27	29	41

Original Repayment Schedule	PDF	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF	PDF

Creditos para Asalariados MN Price Graphs

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AGFS	200	47,000	2	156
Ahantaman RB	23,800	9,896,000	4	138
APED	13,700	1,876,000	2	138
ASA Initiative	4,400	577,000	4	138
ASA-Ghana	71,600	18,385,000	2	138
ASPI	800	88,000	6	138
Atwima Kwanwoma	3,800	1,788,000	2	138
Baobab	5,100	967,000	2	138
BestFUND	13,000	4,172,000	3	138
Bonzali Rural	10,400	1,691,000	4	156
CashPhase	83	135,000	2	138
CASUD	1,100	524,000	1	138
CEDEF	500	54,000	4	138
CFF	100	13,000	1	138
CRAN	3,600	1,019,000	2	138
DQF	1,700	63,000	2	138
EASL	9,200	11,409,000	6	138
East Mamprusi	12,500	2,268,000	4	138
ELDA	0	0	0	138
EMPRETEC Ghana	200	56,000	2	138
FASL	13,500	14,047,000	8	138
Grameen Ghana	9,500	507,000	3	138
ID-Ghana	5,600	953,000	3	138
Innovative Finance	2,700	354,000	3	138
Kraban Support	7,700	781,000	5	156
KRB	4,000	6,350,000	3	138
Lower Pra RB	34,000	6,316,000	3	156
Maata-N-Tudu	12,000	941,000	4	138
Mail Finance	300	288,000	1	138
Markaz	0	0	0	138
Markaz Al Bishara	100	17,000	1	138
MicrofinPlus Gh	1,100	251,000	2	138
Nwabiagya RB	4,000	2,265,000	3	138
OISL	62,000	27,232,000	9	138
Pro Credit	0	0	0	138
Rich Step	100	101,000	1	138
SAT	147,600	29,359,000	4	138
Sekam Trust	600	137,000	2	138
Simli Pong	8,900	463,000	3	156
SS Ghana	200	35,000	1	138
TCCU	100	32,000	3	138
The Bridge	400	32,000	3	156
Union RB	3,800	2,361,000	4	138

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

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Total Borrrowers of Samples


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