COOPERATIVA DE AHORRO Y CREDITO FATIMA LTDA. - DE CONSUMO Y MIC. CREDITO CON GTIA. HIPOTECARIA - MFTransparency.org Truth In Lending Tables

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Institution

COOPERATIVA DE AHORRO Y CREDITO FATIMA LTDA. CALLE OBISPO PEÑA No 63Santa Cruz, Santa Cruz

Data approved: 2010-10-28

Data version: 1

Age of data: 174 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (USD)	USD 19,300,714
Portfolio (USD)	USD 19,300,714
Active Clients with Loans	1,565
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group	x
Village banking
Self help group
Other

Description

CREDITO DE LIBRE DISPONIBILIDAD

Loan Purpose

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

Included Services

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

Eligibility

Men	x
Women	x
Must run a business	x
Must own a home or land	x
Must be a salaried worker	x
Must be specific age group	x
Other
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	USD
Minimum loan size	USD 1,000
Maximum loan size	50,000

Loan Term and Grace Period

Shortest loan term	24.0 months
Longest loan term	96.0 months
Approx average	0

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	13.00%
Highest quoted nominal interest	15.00%
Reason(s) why interest rate varies	Loan Size, Collateral
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	SEGURO CONTRA INCENDIO
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

Ongoing Fees

	Fee 1
Description	SEGURO DE VIDA
% of loan amount - min	6.00%
% of loan amount - max	6.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	0
or, Fixed-amount deposited	USD 10

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	1.00%
Maximum interest rate paid	0
Interest payment frequency	Monthly

Taxes

Are taxes charged on this product?	Yes
Percentage of fees	0
All or some fees taxed	N/A

Additional Comments

La comision de 3 USD va a ser eliminada.

Full Pricing Data

DE CONSUMO Y MIC. CREDITO CON GTIA. HIPOTECARIA samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5	Sample 6
Loan Amount	USD 1,000	USD 2,000	USD 3,000	USD 8,000	USD 12,000	USD 17,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2010-09-21	2010-09-21	2010-09-21	2010-09-21	2010-09-21	2010-09-20
Loan Term (Months)	24.0 months	36.0 months	36.0 months	60.0 months	84.0 months	36.0 months
Grace Period (Months)	0.0 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	Not Known
True Price by Comp
Interest and Fee Component	15.9%	15.9%	15.9%	14.9%	13.9%	15.9%
Insurance Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Tax Component	6.2%	3.0%	2.0%	0.7%	0.5%	0.4%
Deposit Component	0.4%	0.2%	0.1%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	22.5%	19.1%	18.0%	15.7%	14.4%	16.3%
Transparency Index	58	68	72	83	90	80

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

DE CONSUMO Y MIC. CREDITO CON GTIA. HIPOTECARIA Price Graphs

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Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
ABT	25,400	37,378,000	2	124
AKIBA	26,900	36,852,000	4	137
BELITA	5,800	492,000	1	137
BRAC Tanzania	102,300	19,663,000	2	137
F & K Finance	0	38,000	1	160
FINCA Tanzania	78,400	31,517,000	3	120
FMFC	1,500	392,000	6	137
K-Finance Ltd	1,000	264,000	2	137
Mbinga	1,000	2,986,000	3	137
MCBL	3,600	2,837,000	6	137
MDF Tanzania	600	148,000	1	137
NMB	45,100	74,528,000	1	137
Opportunity	8,600	3,018,000	3	137
PRIDE Tanzania	104,400	33,321,000	3	137
PTF		-	N/A	137
Selfina	8,000	3,773,000	2	160
Tujijenge Tanzania	10,000	2,060,000	4	137
VF^Tanzania	34,390	7,613,000	4	131
Victoria	100	377,000	3	160
YOSEFO	17,100	2,211,000	3	160

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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