Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.cidre.org.bo/ |
Year established | 1990 |
Head of Institution | Alvaro Moscoso Blanco |
Regions active | Chuquisaca , Cochabamba , La Paz , Oruro , Potosí, Santa Cruz, Tarija |
# Branches | 18 |
Total Portfolio (nat'l) | BOB 854,406,455 |
Total Portfolio (USD) | USD 126,578,734.10 |
Active clients with loans | 8,530 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations | FINRURAL |
Funders | Banco Interamericano de Desarrollo (BID), Kiva, Oikocredit, Banco de Desarrollo Productivo (BDP S.A.M.) |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Credito de Consumo (BOB) | BOB 2,000 - 362,000 | 12 - 60 | 0% - 20% | 0% - 20% | Any Purpose | Women, Men | Credit Ins | |||||||
Credito de Consumo (USD) | USD 200 - 10,000 | 12 - 60 | 0% - 20% | 0% - 20% | Any Purpose | Women, Men | Credit Ins | |||||||
Credito Hipotecaria (BOB) | BOB 3,500 - 843,200 | 12 - 96 | 0% - 20% | 0% - 20% | Housing | Women, Men | Credit Ins | |||||||
Credito Hipotecaria (USD) | USD 1,200 - 68,000 | 12 - 84 | 0% - 20% | 0% - 20% | Housing | Women, Men | Credit Ins | |||||||
Microcredito para Comercio y Servicios (BOB) | BOB 3,000 - 890,000 | 6 - 60 | 20% - 40% | 20% - 40% | Business, Para actividades de comercio y servicios | Women, Men, Have business | Credit Ins | |||||||
Microcredito para Comercio y Servicios (USD) | USD 500 - 126,000 | 6 - 60 | 0% - 20% | 0% - 20% | Business | Women, Men, Have business | Credit Ins, Business Training | |||||||
Microcredito Productivo (BOB) | BOB 3,400 - 892,956 | 6 - 60 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Credit Ins | |||||||
Microcredito Productivo (USD) | USD 500 - 150,000 | 6 - 60 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business | Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Credito de Consumo (BOB) | 16.0%-27.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 17.1% - 26.7% | 17.1% - 27.3% | 71 | ||||||||
Credito de Consumo (USD) | 16.0%-25.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 24.7% | 25.3% | 63 | ||||||||
Credito Hipotecaria (BOB) | 17.0%-25.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 18.2% - 22.4% | 18.8% - 23% | 81 | ||||||||
Credito Hipotecaria (USD) | 17.0%-25.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 18.1% - 19.7% | 18.6% - 20.3% | 87 | ||||||||
Microcredito para Comercio y Servicios (BOB) | 18.0%-26.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 20.4% - 25.4% | 20.9% - 26% | 76 | ||||||||
Microcredito para Comercio y Servicios (USD) | 18.0%-27.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 18% - 26.7% | 18.6% - 27.3% | 80 | ||||||||
Microcredito Productivo (BOB) | 18.0%-27.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 18% - 26.7% | 18.6% - 27.3% | 83 | ||||||||
Microcredito Productivo (USD) | 18.0%-27.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 18.9% - 21.7% | 19.4% - 22.4% | 86 |
Outstanding portfolio (RWF) | RWF 262,495,434 |
Portfolio (USD) | USD 410,149.12 |
Active Clients with Loans | 195 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 20% - 40% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 11 |
# Regions for this product | 13 |
Regions Active | Bugesera, Gasabo, Gisagara, Huye, KamonyiKayonza, Kicukiro, Kirehe, Muhanga, Nyanza, Nyarugenge, Ruhango, Rwamagana |
Currency | RWF |
Minimum loan size | RWF 50,000 |
Maximum loan size | 7,500,000 |
Loans less than RWF 500,000 | 20% |
RWF 500,000-1,500,000 | 10% |
RWF 1,500,000-2,500,000 | 20% |
RWF 2,500,000-3,500,000 | 10% |
RWF 3,500,000-4,500,000 | 20% |
Greater than RWF 4,500,000 | 20% |
Shortest loan term | 1.0 month |
Longest loan term | 12.0 months |
Approx average | 6.0 months |
Loans 3 months or less | 20% |
Between 4 and 6 months | 30% |
Between 7 and 9 months | 30% |
Between 10 and 12 months | 20% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
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 |
Lowest quoted nominal interest | 2.00% |
Highest quoted nominal interest | 3.00% |
Reason(s) why interest rate varies | Loan Term |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Commission | Stationery | |
% of loan amount - min | 2.00% | 0 | |
% of loan amount - max | 2.00% | 0 | |
OR, Fixed amount - min | 0 | 5,000 | |
Fixed amount - max | 0 | 10,000 | |
Reason for variation | N/A | N/A | |
Appears on Repayment Sched? | No | No |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | Yes |
Do borrowers control deposit in their group? | No |
% loan amount deposited | 10.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | RWF 340,000 | RWF 582,500 | RWF 1,000,000 | RWF 1,000,000 | RWF 4,000,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2010-07-26 | 2010-09-30 | 2010-10-12 | 2010-06-11 | 2010-08-24 | ||||
Loan Term (Months) | 10.0 months | 8.0 months | 12.0 months | 10.0 months | 3.0 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 | 88.3% | 92.1% | 86.2% | 87.3% | 102.2% | ||||
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 | 16.0% | 17.0% | 15.3% | 15.8% | 17.3% | ||||
Full APR (int fee ins tax dep) | 104.3% | 109.1% | 101.5% | 103.1% | 119.5% | ||||
Transparency Index | 23 | 22 | 24 | 23 | 20 | ||||
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 ∞ |