2. AgroCapital
Please note that the information you are viewing is 171 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. COAC LaBenefica
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

Fundación Agrocapital Calle Nataniel Aguirre No. S-669Cochabamba, Cercado5901
Data approved: 2010-10-28
Data version: 1
Age of data: 171 months

Institution

Cooperativa de Ahorro y Credito la Benefica La Concordia Santo DomingoEl Carmen, Manabi
Data approved: 2010-11-08
Data version: 1
Age of data: 170 months

Product

Plan Microcrédito I (Microcrédito Secuencial) Product 8 of 11 « Prev | Next »

Product

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Product Summary

Number borrowers738
Loan Amount (range)BOB 1,000 - 44,000
Loan Term (range)4 - 60
Other Services (text summary)Credit Ins
Annual Interest & Method25.0%-32.0% annual, Decl Bal
Fees5.00% upfront 5.00% ongoing
InsuranceNone
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component32.0% - 34.4% (Int+Fee)
Insurance Component0 - 0.6%
Tax Component Range0 - 0.4%
Full APR (int fee ins tax dep)32.0% - 34.4%
Transparency Index (min/max)0 - N/A
Transparency Index (average)75

Product Summary

1,478
USD 100 - 30,000
6 - 36
14.4% annual, Decl Bal
0.40% upfront
None
None
5.00 ongoing
 
N/A
14.0% - 14.6% (Int+Fee)
0 - 1.1%
0
15.3% - 16.1%
0 - N/A
91

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 3,269,437
Portfolio (USD)USD 484,361.04
Active Clients with Loans738
Approximate % Female Clients40% - 60%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Loan for small experienced business owners.
Loan Purpose
Any purpose
Income generationx
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 businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherGood credit history
Other (2)Owning profitable or sustainable business
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (USD)USD 3,555,876
Portfolio (USD)USD 3,555,876
Active Clients with Loans1,478
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Credito de $100 hasta $30,000 a plazo de hasta 36 meses.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried workerx
Must be specific age group
Other
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 1,000
Maximum loan size44,000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term60.0 months
Approx average19.0 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

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 100
Maximum loan size30,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term36.0 months
Approx average24.0 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 interest25.00%
Highest quoted nominal interest32.00%
Reason(s) why interest rate variesLoan Size, Client Risk
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min5.00%
% of loan amount - max5.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min5.00%
% of loan amount - max5.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/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 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 interest14.42%
Highest quoted nominal interest14.42%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min0.40%
% of loan amount - max0.40%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
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?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedUSD 5
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid2.00%
Maximum interest rate paid2.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No

Full Pricing Data

Plan Microcrédito I (Microcrédito Secuencial) samples
Sample 1Sample 2Sample 3
Loan AmountBOB 6,970BOB 14,000BOB 24,500
Loan Cycle (1, 2, 3, etc)135
Disbursement Date2010-04-292010-02-102010-02-02
Loan Term (Months)12.0 months24.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component34.4%33.0%32.0%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)34.4%33.0%32.0%
Transparency Index737678
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Consumo samples
Sample 1Sample 2Sample 3
Loan AmountUSD 1,000USD 8,000USD 12,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2010-08-052010-09-032010-07-28
Loan Term (Months)10.0 months33.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component14.6%14.6%14.0%
Insurance Component0.9%1.0%1.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.5%0.5%0.3%
Full APR (int fee ins tax dep)16.1%16.1%15.3%
Transparency Index909094
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Plan Microcrédito I (Microcrédito Secuencial) Price Graphs


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% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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