2. PRODEM
Please note that the information you are viewing is 130 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. FODEMI
Please note that the information you are viewing is 170 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FFP Prodem S.A. Belisario Salinas # 520La Paz13963
Data approved: 2013-09-06
Data version: 2
Age of data: 130 months
Choose version

Institution

Fondo de Desarrollo Microempresarial FODEMI Jaime Rivadeneira 6-88 y Mariano AcostaIbarra, Imbabura10-01-225
Data approved: 2010-11-08
Data version: 1
Age of data: 170 months

Product

Relámpago Product 4 of 4 « Prev | Next »

Product

Crédito Individual Product 3 of 3 « Prev | Next »

Product Summary

Number borrowers38,960
Loan Amount (range)BOB 400 - 80,000
Loan Term (range)1 - 18
Other Services (text summary)Credit Ins
Annual Interest & Method26.0%-30.5% annual, Decl Bal
FeesNone
Insurance0.07%-1.17% upfront 0.07%-1.17% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component15.6% - 29.5%
Fee Component0
Insurance Component0.7% - 1.1%
Tax Component Range0
Full APR (int fee ins tax dep)26.9% - 30.4%
Transparency Index (min/max)52 - 98
Transparency Index (average)90

Product Summary

1,470
USD 400 - 6,000
6 - 30
Credit Educ, Credit Ins, Estos servicios no son pagados por el cliente, asume el costo la Fundación.
20.5%-22.5% annual, Decl Bal
None
None
None
10.0% upfront
 
N/A
20.4% - 22.4% (Int+Fee)
0
0
24.1% - 26.5%
77 - 85
79

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 123,167,793
Portfolio (USD)USD 18,247,080.44
Active Clients with Loans38,960
Approximate % Female Clients60% - 80%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Créditos a sola firma con garantía quirografaria para el sector comercio, servicios, producción y transporte.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution9
# Regions for this product9
Regions ActiveBeni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija

Product Details

Key Statistics
Outstanding portfolio (USD)USD 1,700,204.13
Portfolio (USD)USD 1,700,204.13
Active Clients with Loans1,470
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Crédito destinado a una persona propietaria de una Microempresa, que posee capacidad, solvencia y garantías para trabajar.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
OtherEstos servicios no son pagados por el cliente, asume el costo la Fundación.
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherExperiencia en el negocio, mínimo 6 meses.
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyBOB
Minimum loan sizeBOB 400
Maximum loan size80,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,00090%
BOB 10,000-40,00010%
BOB 40,000-70,0000
BOB 70,000-100,0000
BOB 100,000-125,0000
Greater than BOB 125,0000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term18.0 months
Approx average7.6 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months20%
Between 7 and 9 months60%
Between 10 and 12 months5%
Between 13 and 18 months15%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 400
Maximum loan size6,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term30.0 months
Approx average14.6 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest26.00%
Highest quoted nominal interest30.50%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size, Client Risk
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionSeguro de desgravamen anticipado
% of loan amount - min0.07%
% of loan amount - max1.17%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationFee is 0.065% multiplied by the number of months between the disbursement date and the first date of repayment.
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
Ins 1
DescriptionSeguro de desgravamen
% of loan amount - min0.07%
% of loan amount - max1.17%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationFee is 0.065% per month, charged on the outstanding loan principal.
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest20.50%
Highest quoted nominal interest22.50%
Reason(s) why interest rate variesLoan Size
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositFinal Pmt
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
El ahorro obligatorio es generado por un Fondo de Garantía que representa el 1% del monto solicitado, el cual es financiado por la Fundación. Y es devuelto a través de un abono a la àºltima cuota de crédito.

Full Pricing Data

Relámpago samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountBOB 400BOB 1,500BOB 5,000BOB 6,000BOB 14,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-08-292013-08-292013-09-172013-07-222013-07-18
Loan Term (Months)5.8 months5.8 months8.0 months9.0 months5.6 months
Grace Period (Months)0.2 months0.2 months-0.1 months0.4 months0.0 months
Total Cost of CreditBOB 33.45BOB 124.09BOB 515.02BOB 782.63BOB 970.18
True Price by Comp         
Interest price component29.3%29.3%26.1%29.5%26.2%
Fee Component0.0%0.0%0.0%0.0%0.0%
Insurance Component1.0%1.0%0.8%0.9%1.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)30.3%30.3%26.9%30.4%27.2%
Transparency Index8686978696
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Crédito Individual samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountUSD 440USD 1,100USD 2,090USD 3,850
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2010-05-052010-05-062010-05-262010-05-18
Loan Term (Months)8.0 months6.0 months24.0 months24.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component22.4%22.4%22.4%20.4%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component4.1%4.0%4.0%3.7%
Full APR (int fee ins tax dep)26.5%26.3%26.4%24.1%
Transparency Index77787885
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Relámpago Price Graphs


Click to view Price Analysis Tool
Crédito Individual Price Graphs


Click to view Price Analysis Tool
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
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

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to ∞