IDEPRO DESARROLLO EMPRESARIAL - Procadena - 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

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

IDEPRO DESARROLLO EMPRESARIAL Calle Campos No 132, esquina Av. AcreLa Paz, La Paz14236

Data approved: 2013-10-04

Data version: 2

Age of data: 130 months

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Institution

Cooperativa de Ahorro y Credito 4 de Octubre Ltda Avda. Atahualpa s/n via a BañosAvda. Cordovez y Juan LarreaRiobamba, Chimborazo06-01-1471

Data approved: 2011-11-01

Data version: 1

Age of data: 170 months

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Product

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Product Summary

Number borrowers	1,900
Loan Amount (range)	BOB 1,000 - 610,000
Loan Term (range)	1 - 120
Other Services (text summary)	Credit Ins, Tech Asst Visits
Annual Interest & Method	16.5%-33.0% annual, Decl Bal
Fees	None
Insurance	0.06%-6.60% ongoing
Tax	None
Comp Dep	N/A
Range of pricing
Interest Price Component	17.7% - 30.0%
Fee Component	0
Insurance Component	0.6% - 1.3%
Tax Component Range	0
Full APR (int fee ins tax dep)	18.3% - 26.4%
Transparency Index (min/max)	48 - 705
Transparency Index (average)	81

Product Summary

2,001
USD 100 - 20,000
1 - 48
Credit Ins
18.0% annual, Decl Bal
None
2.00% ongoing
None
5.00 ongoing





0

N/A

2,001

USD 100 - 20,000

1 - 48

Credit Ins

18.0% annual, Decl Bal

None

2.00% ongoing

None

5.00 ongoing

N/A

Product Details

Key Statistics

Outstanding portfolio (BOB)	BOB 78,580,575
Portfolio (USD)	USD 11,641,566.67
Active Clients with Loans	1,900
Approximate % Female Clients	20% - 40%
Approximate % Urban Clients	0% - 20%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Créditos otorgados en espacios territoriales y segmentos estratégicos, a personas naturales, juridicas, que sean emprendedores, pequeños productoes mypes en ámbito rural o urbano.

Loan Purpose

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

Included Services

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

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	9
# Regions for this product	8
Regions Active	Beni , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija

Product Details

Key Statistics

Outstanding portfolio (USD)	USD 5,683,091
Portfolio (USD)	USD 5,683,091
Active Clients with Loans	2,001
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	60% - 80%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Destinado al financiamiento de actividades en pequeña escala, de producción, comercialización o servicios. Grupo meta a personas naturales.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
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	x
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	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	BOB
Minimum loan size	BOB 1,000
Maximum loan size	610,000

Distribution at Disbursement (Est.)

Loans less than BOB 10,000	15%
BOB 10,000-40,000	40%
BOB 40,000-70,000	30%
BOB 70,000-100,000	5%
BOB 100,000-125,000	5%
Greater than BOB 125,000	5%

Loan Term and Grace Period

Shortest loan term	1.0 month
Longest loan term	120.0 months
Approx average	45.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	5%
Between 7 and 9 months	0
Between 10 and 12 months	5%
Between 13 and 18 months	10%
Longer than 18 months	80%

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly	x
Every 2 weeks	x
Every 4 weeks	x
Monthly	x
Every 2 months	x
Quarterly	x
Every 6 months	x
Every 12 months	x
Single end payment
Irregular payments	x

Loan Conditions

Loan Amount

Currency	USD
Minimum loan size	USD 100
Maximum loan size	20,000

Distribution at Disbursement (Est.)

Loans less than USD 1,500	30%
USD 1,500-5,000	50%
USD 5,000-10,000	15%
USD 10,000-15,000	5%
USD 15,000-18,000	0
Greater than USD 18,000	0

Loan Term and Grace Period

Shortest loan term	1.0 month
Longest loan term	48.0 months
Approx average	24.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	20%
Between 7 and 9 months	5%
Between 10 and 12 months	15%
Between 13 and 18 months	20%
Longer than 18 months	40%

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	x
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	16.45%
Highest quoted nominal interest	33.00%
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?	Yes
Is rate fixed for entire loan term	Yes

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 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?

Pricing Information

Interest

Lowest quoted nominal interest	18.00%
Highest quoted nominal interest	18.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

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	2.00%
% of loan amount - max	2.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	No
Do borrowers control deposit in their group?	No

Deposit BEFORE or AT Disbursement

% loan amount deposited	0
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	USD 5
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	5.00%
Maximum interest rate paid	8.00%
Interest payment frequency	Monthly

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Procadena samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5
Loan Amount	BOB 3,000	BOB 5,200	BOB 69,400	BOB 82,320	BOB 137,200
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2013-11-08	2013-10-30	2014-02-08	2014-02-18	2013-11-08
Loan Term (Months)	4.2 months	13.0 months	19.0 months	49.0 months	37.0 months
Grace Period (Months)	-1.8 months	5.5 months	0.7 months	9.1 months	0.3 months
Total Cost of Credit	BOB 195.60	BOB 1,156.48	BOB 12,284.50	BOB 39,628.88	BOB 46,163.24
True Price by Comp
Interest price component	17.7%	25.6%	18.5%	17.9%	18.8%
Fee Component	0.0%	0.0%	0.0%	0.0%	0.0%
Insurance Component	0.6%	0.8%	1.1%	0.9%	1.1%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	18.3%	26.4%	19.6%	18.8%	19.9%
Transparency Index	90	62	84	88	83

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

Full Pricing Data

Microcredito samples

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Procadena Price Graphs

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Microcredito Price Graphs

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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
	to
	to ∞

Institution

Institution

Product

Product

Product Summary

Product Summary

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

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

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

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

Procadena samples

Full Pricing Data

Microcredito samples

Procadena Price Graphs

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Total Borrowers of Samples

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