2. IDEPRO
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
  2. FODEMI
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

Fondo de Desarrollo Microempresarial FODEMI Jaime Rivadeneira 6-88 y Mariano AcostaIbarra, Imbabura10-01-225
Data approved: 2010-11-08
Data version: 1
Age of data: 170 months

Product

Procadena Product 14 of 14 « Prev | Next »

Product

Crédito Banca Comunal Product 1 of 3 « Prev | Next »

Product Summary

Number borrowers1,900
Loan Amount (range)BOB 1,000 - 610,000
Loan Term (range)1 - 120
Other Services (text summary)Credit Ins, Tech Asst Visits
Annual Interest & Method16.5%-33.0% annual, Decl Bal
FeesNone
Insurance0.06%-6.60% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component17.7% - 30.0%
Fee Component0
Insurance Component0.6% - 1.3%
Tax Component Range0
Full APR (int fee ins tax dep)18.3% - 26.4%
Transparency Index (min/max)48 - 705
Transparency Index (average)81

Product Summary

11,146
USD 50 - 4,000
7 - 24
Credit Educ, Group Mtgs, Credit Ins, Estos servicios no son cancelados por los clientes, los costos son asumidos por la Fundación.
20.6%-22.6% annual, Decl Bal
None
None
None
10.0% upfront
 
N/A
22.3% (Int+Fee)
0
0
26.3% - 26.4%
77 - 85
78

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 78,580,575
Portfolio (USD)USD 11,641,566.67
Active Clients with Loans1,900
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
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 generationx
Mortgage/housing
Consumer loan
Agriculturex
Educationx
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visitsx
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
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution9
# Regions for this product8
Regions ActiveBeni , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija

Product Details

Key Statistics
Outstanding portfolio (USD)USD 3,804,737.29
Portfolio (USD)USD 3,804,737.29
Active Clients with Loans11,146
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity group
Village bankingx
Self help group
Other
Description
El crédito mediante Bancas Comunales, permite acceder a crédito a personas de escasos recursos y de sectores distantes, mismos que no cuentan con bienes que los garanticen en forma individal o grupal.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
OtherEstos servicios no son cancelados por los clientes, los costos son asumidos por la Fundación.
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
Othermín 7 personas y máx 25 personas de un mismo sector.
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 size610,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,00015%
BOB 10,000-40,00040%
BOB 40,000-70,00030%
BOB 70,000-100,0005%
BOB 100,000-125,0005%
Greater than BOB 125,0005%
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term120.0 months
Approx average45.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months0
Between 10 and 12 months5%
Between 13 and 18 months10%
Longer than 18 months80%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeksx
Monthlyx
Every 2 monthsx
Quarterlyx
Every 6 monthsx
Every 12 monthsx
Single end payment
Irregular paymentsx

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 50
Maximum loan size4,000
Loan Term and Grace Period
Shortest loan term7.0 months
Longest loan term24.0 months
Approx average11.2 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 interest16.45%
Highest quoted nominal interest33.00%
Reason(s) why interest rate variesLoan Size, Client Risk, Loan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?Yes
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
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 interest20.55%
Highest quoted nominal interest22.55%
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
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositFinal Pmt
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
El ahorro obligatorio es generado por un Fondo de garantía equivalente al 1% del valor del crédito solicitado por el cliente. El mismo que es financiado por la Fundación y se devuelve mediante un abono a la àºltima cuota del crédito.

Full Pricing Data

Procadena samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountBOB 3,000BOB 5,200BOB 69,400BOB 82,320BOB 137,200
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-11-082013-10-302014-02-082014-02-182013-11-08
Loan Term (Months)4.2 months13.0 months19.0 months49.0 months37.0 months
Grace Period (Months)-1.8 months5.5 months0.7 months9.1 months0.3 months
Total Cost of CreditBOB 195.60BOB 1,156.48BOB 12,284.50BOB 39,628.88BOB 46,163.24
True Price by Comp         
Interest price component17.7%25.6%18.5%17.9%18.8%
Fee Component0.0%0.0%0.0%0.0%0.0%
Insurance Component0.6%0.8%1.1%0.9%1.1%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%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 Index9062848883
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Crédito Banca Comunal samples
Sample 1Sample 2Sample 3
Loan AmountUSD 330USD 550USD 550
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2010-05-192010-05-252010-05-25
Loan Term (Months)7.0 months10.0 months10.0 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 Component22.3%22.3%22.3%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component4.0%4.1%4.1%
Full APR (int fee ins tax dep)26.3%26.4%26.4%
Transparency Index787878
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Procadena Price Graphs


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Crédito Banca Comunal 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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