COOPERATIVA DE AHORRO Y CREDITO FATIMA LTDA. - Garantía Cruzada (Bs.) - 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: 171 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (BOB)	BOB 9,889,712
Portfolio (USD)	USD 1,465,142.52
Active Clients with Loans	356
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

CON GARANTIA CRUZADA PARA FUNCIONARIOS DE EMPRESAS PRIVADAS

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
Must own a home or land
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	BOB
Minimum loan size	BOB 7,000
Maximum loan size	35,000

Loan Term and Grace Period

Shortest loan term	36.0 months
Longest loan term	60.0 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	18.00%
Highest quoted nominal interest	20.00%
Reason(s) why interest rate varies	Loan Size, Client Risk
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

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	BOB 50

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	Final Pmt

Interest Paid on Deposit

Minimum interest rate paid	1.00%
Maximum interest rate paid	1.00%
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

Impuesto en vias de desaparicion.

Full Pricing Data

Garantía Cruzada (Bs.) samples

	Sample 1	Sample 2	Sample 3
Loan Amount	BOB 7,000	BOB 15,000	BOB 17,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2010-09-21	2010-09-20	2010-08-12
Loan Term (Months)	36.0 months	36.0 months	36.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	21.0%	20.7%	20.8%
Insurance Component	0.0%	0.0%	0.8%
Tax Component	6.5%	3.1%	2.7%
Deposit Component	0.3%	0.1%	0.1%
Full APR (int fee ins tax dep)	27.8%	23.9%	24.3%
Transparency Index	65	75	74

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

Garantía Cruzada (Bs.) Price Graphs

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
APAS	320	128,000	2	163
BRAC-UGA	139,200	28,254,000	3	119
Centenary Bank	133,802	221,144,231	4	144
EBO SACCO	1,500	1,240,382	2	144
Equity Bank	13,069	57,252,004	0	144
Finance Trust	22,555	17,520,424	5	144
FINCA-UGA	56,300	27,402,000	4	117
Five Talents	5,365	368,057	2	144
Gatsby	1,346	2,440,236	2	144
Habitat Uganda	858	265,508	1	144
Hofokam	20,908	4,793,200	6	144
KACITA	156	60,318	1	144
Madfa SACCO	4,832	288,674	5	144
Opportunity	23,734	13,560,846	13	144
RUCREF	5,557	898,380	4	163
Rushere SACCO	983	574,549	2	144
SAO	204	62,768	1	144
Silver Upholders	2,111	189,189	4	144
THPU	6,528	676,391	1	144
UGAFODE	8,197	4,720,446	9	144
VF Uganda	13,072	3,221,675	5	144
Wakiso	513	276,000	1	144
Y-SAVE	208	1,686,485	1	144

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

	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

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