| Outstanding portfolio (BOB) | BOB 47,752 |
| Portfolio (USD) | USD 7,074.37 |
| Active Clients with Loans | 58 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 20% - 40% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | x |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | x |
| 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 | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 7 |
| # Regions for this product | 7 |
| Regions Active | Chuquisaca , Cochabamba , La Paz , Oruro , Potosí, Santa Cruz, Tarija |
| Currency | BOB |
| Minimum loan size | BOB 350 |
| Maximum loan size | 350,000 |
| Loans less than BOB 10,000 | 90% |
| BOB 10,000-40,000 | 10% |
| BOB 40,000-70,000 | 0 |
| BOB 70,000-100,000 | 0 |
| BOB 100,000-125,000 | 0 |
| Greater than BOB 125,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 60.0 months |
| Approx average | 31.5 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 20% |
| Between 13 and 18 months | 20% |
| Longer than 18 months | 60% |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | |
| Every 12 months | |
| Single end payment | x |
| Irregular payments | x |
| Lowest quoted nominal interest | 27.00% |
| Highest quoted nominal interest | 36.00% |
| Reason(s) why interest rate varies | Loan Size, Client Risk, Loan Purpose |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Gastos Administrativos |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 2.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | Fee varies based on loan amount. |
| Appears on Repayment Sched? | Yes |
| Ins 1 | |
|---|---|
| Description | Seguro de Desgravamen |
| % of loan amount - min | 0.24% |
| % of loan amount - max | 4.80% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | Insurance fee is 0.08% per month, charged on the total disbursed amount for loans 3,000 USD and below, and charged on the oustanding princpal balalnce only for loans above 3,000 USD. |
| Appears on Repayment Sched? | 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 |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | BOB 5,000 | BOB 10,000 | BOB 35,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2014-03-06 | 2014-03-06 | 2014-03-06 | ||
| Loan Term (Months) | 18.0 months | 31.0 months | 41.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | BOB 1,345.60 | BOB 4,853.82 | BOB 21,756.27 | ||
| True Price by Comp | |||||
| Interest price component | 29.7% | 33.9% | 33.9% | ||
| Fee Component | 2.2% | 1.5% | 1.3% | ||
| Insurance Component | 1.7% | 1.6% | 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) | 33.6% | 37.0% | 36.1% | ||
| Transparency Index | 80 | 73 | 75 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | http://WWW.COACSANMIGUEL.FIN.EC/ |
| Year established | 1995 |
| Head of Institution | SULEMA PIZARRO CANDO |
| Regions active | |
| # Branches | 3 |
| Total Portfolio (nat'l) | USD 4,602,402.64 |
| Total Portfolio (USD) | USD 4,602,402.64 |
| Active clients with loans | 1,953 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credito de Consumo | USD 250 - 8,000 | 4 - 30 | 20% - 40% | 40% - 60% | Any Purpose | Women, Men, Salaried worker | Credit Ins | |||||||
| Credito de Vivienda | USD 8,001 - 17,000 | 38 - 58 | 20% - 40% | 60% - 80% | Housing, Compra de terreno, casa, apartamentos, Construccion y mejora de casa | Women, Men, Have business, Have home or land, Salaried worker | Credit Ins | |||||||
| Micro Juanita Individual | USD 250 - 17,000 | 4 - 56 | 40% - 60% | 60% - 80% | Business | Women, Men, Have business, DEPENDE DEL MONTO PRESENTA COPIAS DE UN BIEN INMUEBLE. | Credit Ins | |||||||
| Microcreditos | USD 250 - 17,000 | 4 - 56 | 20% - 40% | 60% - 80% | Business | Women, Men, Have business, DEPENDE DEL MONTO PRESENTA COPIAS DEL BIEN INMUEBLE. | Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credito de Consumo | 15.2% annual, Decl Bal | 0 Fees | 1 Ins | None | 9.0% upfront | 15.4% | 18.7% - 19.2% | 79 | ||||||||
| Credito de Vivienda | 10.8% annual, Decl Bal | 1 Fee | 0 Ins | None | 9.0% upfront | 10.9% | 13.8% | 78 | ||||||||
| Micro Juanita Individual | 20.0%-26.9% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 20.3% | 21% | 95 | ||||||||
| Microcreditos | 20.0%-26.9% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 22.3% - 27.3% | 23.1% - 28% | 80 |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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