Number borrowers | 315 |
Loan Amount (range) | USD 5,000 - 500,000 |
Loan Term (range) | 3 - 120 |
Other Services (text summary) | Credit Ins |
Annual Interest & Method | 8.9%-26.0% annual, Decl Bal |
Fees | None |
Insurance | 0.25%-9.96% ongoing Y |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 9.9% - 28.9% |
Fee Component | 0 |
Insurance Component | 0.9% - 1.9% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 13.3% - 26.7% |
Transparency Index (min/max) | 24 - 67 |
Transparency Index (average) | 47 |
5,400 |
USD 200 - 20,000 |
8 - 10 |
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits |
25.7% annual, Decl Bal |
1.20% ongoing |
None |
None |
3.0% upfront |
N/A |
26.1% - 29.6% (Int+Fee) |
-1.3% - 3.0% |
0 |
29.2% - 33.7% |
76 - 100 |
84 |
Outstanding portfolio (USD) | USD 5,152,482 |
Portfolio (USD) | USD 5,152,482 |
Active Clients with Loans | 315 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 60% - 80% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Compra de Vivienda |
Other (2) | Construcción |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
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 | |
Other | |
Other (2) |
# Regions for this institution | 9 |
# Regions for this product | 9 |
Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija |
Outstanding portfolio (USD) | USD 638,600 |
Portfolio (USD) | USD 638,600 |
Active Clients with Loans | 5,400 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 20% - 40% |
Individual | |
Solidarity group | |
Village banking | x |
Self help group | |
Other |
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | x |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | |
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 | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | USD |
Minimum loan size | USD 5,000 |
Maximum loan size | 500,000 |
Loans less than USD 1,500 | 0 |
USD 1,500-5,000 | 0 |
USD 5,000-10,000 | 10% |
USD 10,000-15,000 | 20% |
USD 15,000-18,000 | 10% |
Greater than USD 18,000 | 10% |
Shortest loan term | 3.0 months |
Longest loan term | 120.0 months |
Approx average | 92.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 100% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | x |
Quarterly | x |
Every 6 months | x |
Every 12 months | |
Single end payment | |
Irregular payments | x |
Currency | USD |
Minimum loan size | USD 200 |
Maximum loan size | 20,000 |
Shortest loan term | 8.0 months |
Longest loan term | 10.0 months |
Approx average | 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 | 8.86% |
Highest quoted nominal interest | 26.00% |
Reason(s) why interest rate varies | Loan Size |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | Yes |
Is rate fixed for entire loan term | Yes |
Ins 1 | Ins 2 | ||
---|---|---|---|
Description | Seguro de Desgravamen | Seguro de Todo Riesgo | |
% of loan amount - min | 0.25% | 0 | |
% of loan amount - max | 9.96% | 0.80% | |
OR, Fixed amount - min | 0 | 0 | |
Fixed amount - max | 0 | 0 | |
Reason for variation | Fee is 0.083%, charged each month on the outstanding loan principal only. | Fee is 0.0067% per month, charged on the oustanding loan principal balance only. Charged only if value of collateral is insufficient. | |
Appears on Repayment Sched? | Yes | 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 |
Lowest quoted nominal interest | 25.70% |
Highest quoted nominal interest | 25.70% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Seguro de Desgravamen |
% of loan amount - min | 1.20% |
% of loan amount - max | 1.20% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | Yes |
Do borrowers control deposit in their group? | Yes |
% loan amount deposited | 3.00% |
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 | 2.00% |
Maximum interest rate paid | 3.00% |
Interest payment frequency | Monthly |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | USD 2,000 | USD 11,000 | USD 15,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2013-10-15 | 2014-04-01 | 2014-04-01 | ||
Loan Term (Months) | 61.0 months | 49.0 months | 97.0 months | ||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
Total Cost of Credit | USD 685.36 | USD 6,080.91 | USD 12,777.57 | ||
True Price by Comp | |||||
Interest price component | 11.4% | 25.7% | 19.8% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 1.9% | 1.0% | 1.1% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 13.3% | 26.7% | 20.9% | ||
Transparency Index | 67 | 33 | 42 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | USD 3,500 | USD 3,800 | USD 4,000 | USD 4,300 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2010-09-10 | 2010-08-26 | 2010-09-08 | 2010-08-31 | |||
Loan Term (Months) | 7.0 months | 8.0 months | 7.0 months | 6.0 months | |||
Grace Period (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 | |||
True Price by Comp | |||||||
Interest and Fee Component | 29.6% | 29.6% | 26.1% | 26.1% | |||
Insurance Component | -1.3% | 3.0% | 2.3% | 3.0% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 5.3% | -3.4% | 0.8% | 0.8% | |||
Full APR (int fee ins tax dep) | 33.7% | 29.2% | 29.2% | 29.9% | |||
Transparency Index | 76 | 88 | 88 | 86 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Key Statistics | |
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# 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 |
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