2. Fortaleza
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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Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.grupofortaleza.com.bo/
Year established2002
Head of InstitutionNelson Hinojosa Jimenez
Regions activeChuquisaca , Cochabamba , La Paz , Oruro , Santa Cruz, Tarija
# Branches7

Total Portfolio (nat'l)BOB 1,120,213,180
Total Portfolio (USD)USD 165,957,508.10
Active clients with loans21,147
Approximate % female clients20% - 40%
Approximate % urban clients60% - 80%
Network affiliationsASOFIN
Funders

Loan Products » Summary

Anticrédito
95 Borrowers
USD 499,392.15 Portfolio
Active Product
Dinero Hoy
2,823 Borrowers
USD 6,100,231.85 Portfolio
Active Product
Linea
2,718 Borrowers
USD 14,907,731.41 Portfolio
Active Product
Tasa 0
2,690 Borrowers
USD 16,320,515.11 Portfolio
Active Product
Expreso
196 Borrowers
USD 2,015,204.89 Portfolio
Active Product
Hipotecario
530 Borrowers
USD 11,239,311.26 Portfolio
Active Product
Vehículo
151 Borrowers
USD 2,703,121.78 Portfolio
Active Product
Consumo
2,546 Borrowers
USD 14,443,357.93 Portfolio
Active Product
Operaciones
3,990 Borrowers
USD 32,908,317.33 Portfolio
Active Product
Inversión
4,344 Borrowers
USD 63,268,850.07 Portfolio
Active Product
Auto Hoy
42 Borrowers
USD 113,868 Portfolio
Low Volume Product
Fortaleza
1 Borrowers
USD 798.07 Portfolio
Low Volume Product
Mejoras
5 Borrowers
USD 10,081.63 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Anticrédito Hoy BOB 15,000 - 140,000 25 - 62 40% - 60% 60% - 80% Business, Activo Fijo Women, Men, Have business, Salaried worker Credit Ins
Dinero Hoy BOB 15,000 - 30,000 6 - 50 40% - 60% 60% - 80% Any Purpose Women, Men, Have business, Salaried worker Credit Ins
Linea de Credito Optima BOB 14,000 - 140,000 27 - 118 20% - 40% 60% - 80% Any Purpose Women, Men, Have business, Salaried worker Credit Ins
Crédito Tasa 0 BOB 1,440 - 35,000 24 - 61 40% - 60% 60% - 80% Business Women, Men, Have business Credit Ins
Crédito Capital Expreso BOB 70,000 - 350,000 5 - 69 40% - 60% 60% - 80% Business Women, Men, Have business Credit Ins
Crédito Hipotecario de Vivienda BOB 70,000 - 14,000,000 24 - 305 0% - 20% 60% - 80% Vivienda Women, Men, Have business, Salaried worker Credit Ins
Crédito Vehículo Nuevo BOB 40,000 - 700,000 49 - 98 20% - 40% 60% - 80% Uso particular compra vehiculo nuevo Women, Men, Salaried worker Credit Ins
Crédito de Consumo BOB 16,000 - 600,000 1 - 152 20% - 40% 60% - 80% Any Purpose Women, Men, Salaried worker Credit Ins
Crédito para Capital de Operaciones BOB 16,000 - 350,000 3 - 119 40% - 60% 60% - 80% Business Women, Men, Have business Credit Ins
Crédito para Capital de Inversión BOB 16,000 - 350,000 3 - 244 20% - 40% 60% - 80% Business Women, Men, Have business Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Anticrédito Hoy 20.0% annual, Decl Bal 0 Fees 1 Ins None N/A 20.1% 21% 96
Dinero Hoy 22.0% annual, Decl Bal 0 Fees 1 Ins None N/A 22.1% 22.9% 96
Linea de Credito Optima 21.6% annual, Decl Bal 0 Fees 1 Ins None N/A 21.7% 22.5% 96
Crédito Tasa 0 19.0% annual, Decl Bal 0 Fees 1 Ins None N/A 19.1% 20% 95
Crédito Capital Expreso 15.5% annual, Decl Bal 0 Fees 1 Ins None N/A 15.2% - 17.9% 16% - 20% 59
Crédito Hipotecario de Vivienda 11.0%-18.5% annual, Decl Bal 0 Fees 1 Ins None N/A 15.3% - 18.6% 16.4% - 19.5% 43
Crédito Vehículo Nuevo 12.0% annual, Decl Bal 0 Fees 1 Ins None N/A 12.1% 13% 62
Crédito de Consumo 17.0%-27.5% annual, Decl Bal 0 Fees 1 Ins None N/A 17.1% - 27.6% 18% - 28.4% 100
Crédito para Capital de Operaciones 18.0%-27.5% annual, Decl Bal 0 Fees 1 Ins None N/A 18.6% - 27.6% 19.5% - 28.4% 100
Crédito para Capital de Inversión 18.0%-27.5% annual, Decl Bal 0 Fees 1 Ins None N/A 18.1% - 27.6% 19% - 27.8% 100
Institution Price Graph
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  2. Credi Fe
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

Credi Fe Desarrollo Microempresarial S.A Francisco Robles 411 y 6 de DiciembreQuito, Pichincha28034
Data approved: 2011-11-01
Data version: 1
Age of data: 170 months

Product

Credito Mejoramiento de Vivienda Product 3 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 4,964,256
Portfolio (USD)USD 4,964,256
Active Clients with Loans865
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Este crédito se concede para facilitar al microempresario el arreglo de su vivienda con una cobertura de hasta el 70% del proyecto
Loan Purpose
Any purpose
Income generation
Mortgage/housingx
Consumer loan
Agriculture
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 business
Must own a home or landx
Must be a salaried worker
Must be specific age group
OtherAl menos 6 meses de relacion de crédito con la institución
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
CurrencyUSD
Minimum loan sizeUSD 1,000
Maximum loan size20,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term60.0 months
Approx average32.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest10.90%
Highest quoted nominal interest26.90%
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
Ins 1Ins 2
DescriptionSeguro de DesgravamenSeguro Incendio
% of loan amount - min6.00%2.00%
% of loan amount - max6.00%2.00%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationPago mensual por seguro de desgravamen con cobertura del principal adeudadopara algunos prestamos de este producto.
Appears on Repayment Sched?YesYes
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

Full Pricing Data

Credito Mejoramiento de Vivienda samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUSD 1,200USD 2,000USD 4,000USD 8,000USD 13,850USD 15,600
Loan Cycle (1, 2, 3, etc)2Not KnownNot KnownNot Known57
Disbursement Date2009-11-092010-06-232010-06-152010-06-242010-03-242010-04-30
Loan Term (Months)15.0 months15.0 months24.0 months36.0 months60.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component27.3%26.8%24.5%10.8%10.8%11.4%
Insurance Component0.6%0.6%0.6%0.8%0.6%0.7%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)27.9%27.4%25.1%11.6%11.4%12.1%
Transparency Index394043949690
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Credito Mejoramiento de Vivienda Price Graphs


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# Countries
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% Products with one or more insurances
% Products with compulsory deposits
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