Banco Fortaleza Sociedad Anónima - Anticrédito Hoy - MFTransparency.org Truth In Lending Tables

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

Institution

Banco Fortaleza Sociedad Anónima Av. Arce No, 2799 esq. CorderoLa Paz, Bolivia

Data approved: 2013-09-23

Data version: 2

Age of data: 130 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (BOB)	BOB 3,370,897
Portfolio (USD)	USD 499,392.15
Active Clients with Loans	95
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	60% - 80%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Es un crédito para acceder a financiamiento para anticrédito

Loan Purpose

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

Included Services

Credit education
Group meetings
Credit insurance	x
Workplace visits
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
Must be a salaried worker	x
Must be specific age group
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	6
# Regions for this product	6
Regions Active	Chuquisaca , Cochabamba , La Paz , Oruro , Santa Cruz, Tarija

Loan Conditions

Loan Amount

Currency	BOB
Minimum loan size	BOB 15,000
Maximum loan size	140,000

Distribution at Disbursement (Est.)

Loans less than BOB 10,000	0
BOB 10,000-40,000	40%
BOB 40,000-70,000	50%
BOB 70,000-100,000	5%
BOB 100,000-125,000	0
Greater than BOB 125,000	0

Loan Term and Grace Period

Shortest loan term	25.0 months
Longest loan term	62.0 months
Approx average	55.0 months

Distribution at Disbursement (Est.)

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

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	1.67%
Highest quoted nominal interest	1.67%
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	No

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

	Ins 1
Description	Seguro de desgravamen
% of loan amount - min	2.48%
% of loan amount - max	2.48%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	La comisión es 0.07% mensual que aplica al saldo del principal del préstamo pendiente.
Appears on Repayment Sched?	Yes

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Anticrédito Hoy samples

	Sample 1	Sample 2	Sample 3
Loan Amount	BOB 15,000	BOB 35,000	BOB 100,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2013-09-18	2013-09-18	2013-09-18
Loan Term (Months)	60.0 months	60.0 months	60.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	BOB 9,215.80	BOB 21,503.71	BOB 61,439.71
True Price by Comp
Interest price component	20.1%	20.1%	20.1%
Fee Component	0.0%	0.0%	0.0%
Insurance Component	0.9%	0.9%	0.9%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	21.0%	21.0%	21.0%
Transparency Index	96	96	96

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

Anticrédito Hoy Price Graphs

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Please note that the information you are viewing is 168 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Nirmaan Bharati Samajik and Arthik Vikas Sangathan B-991 Sector- A, Mandir MargMahanagarLucknow, Uttar Pradesh226006

Data approved: 2011-01-23

Data version: 1

Age of data: 168 months

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Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	http://www.nirmaanbharati.org/
Year established	2006
Head of Institution	Moses Prashant Rao
Regions active
# Branches	7

Total Portfolio (nat'l)	INR 149,519,664
Total Portfolio (USD)	USD 2,821,125.74
Active clients with loans	28,193
Approximate % female clients	80% - 100%
Approximate % urban clients	80% - 100%
Network affiliations	Sa-dhan

Loan Products » Summary

28,193 Borrowers

USD 2,821,125.74 Portfolio

Active Product

Loan Products » Conditions

Product Name		Loan Size Range		Loan Term (months)		% Female		% Urban		Loan Purpose		Eligibility		Other Services
5k30w		INR 5,000 - 10,000		12		80% - 100%		80% - 100%		Business, Consumer		Women		Group Mtgs

Loan Products » MFIN India Additional Information

Product Name		APR (int)		MFIN MFI Earning (Annualised)		MFIN Cost to Borrower (Annualised)		COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD		COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES		COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM		MFIN Transparency Index
5k30w		0		34.6% - 34.8%		34.6% - 34.8%								N/A

*Please click here for more information

Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
5k30w		15.0% annual, Flat		1 Fee		0		None		N/A		34.6% - 34.8%		34.6% - 34.8%		43

Institution Price Graph

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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

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

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Anticrédito Hoy samples

Anticrédito Hoy Price Graphs

Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Institution Price Graph

Total Borrowers of Samples

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