| Number borrowers | 10,468 |
| Loan Amount (range) | KHR 500,000 - 6,000,000 |
| Loan Term (range) | 3 - 12 |
| Other Services (text summary) | Credit Educ, Group Mtgs |
| Annual Interest & Method | 31.2%-36.0% annual, Decl Bal |
| Fees | 0.50% upfront |
| Insurance | None |
| Tax | None |
| Comp Dep | N/A |
| Range of pricing | |
| Interest Price Component | 27.1% - 36.0% |
| Fee Component | 0 - 1.8% |
| Insurance Component | 0 |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 33.0% - 37.5% |
| Transparency Index (min/max) | 74 - 106 |
| Transparency Index (average) | 88 |
| 765 |
| PHP 5,000 - 100,000 |
| 3 - 12 |
| Tech Asst Visits, Business Training |
| 30.0% annual, Flat |
| 12.00% upfront 100.00 upfront |
| 0.70%-1.30% upfront |
| 5.00% loan amt |
| 5.00% ongoing |
| N/A |
| 81.2% - 86.8% (Int+Fee) |
| 3.1% - 3.6% |
| 5.2% - 6.4% |
| 103.0% - 137.3% |
| 22 - 29 |
| 25 |
| Outstanding portfolio (KHR) | KHR 27,888,636,900 |
| Portfolio (USD) | USD 7,060,414.41 |
| Active Clients with Loans | 10,468 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | For seasonal purpose only |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | |
| 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 | x |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | Must have regular income for eligible monthly interest payment |
| Other (2) |
| # Regions for this institution | 24 |
| # Regions for this product | 24 |
| Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh Kong, KepKratié, Mondulkiri , Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey Veng, RatanakiriSiem Reap, Stung Treng, Svay Rieng, Takéo |
| Outstanding portfolio (PHP) | PHP 10,800,000 |
| Portfolio (USD) | USD 258,373.21 |
| Active Clients with Loans | 765 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | |
| Workplace visits | x |
| Business training | x |
| 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 | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | KHR |
| Minimum loan size | KHR 500,000 |
| Maximum loan size | 6,000,000 |
| Loans less than KHR 1,000,000 | 10% |
| KHR 1,000,000-3,500,000 | 60% |
| KHR 3,500,000-6,000,000 | 30% |
| KHR 6,000,000-8,000,000 | 0 |
| KHR 8,000,000-10,000,000 | 0 |
| Greater than KHR 10,000,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 12.0 months |
| Approx average | 6.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 5% |
| Between 7 and 9 months | 5% |
| Between 10 and 12 months | 90% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 100% |
| Average grace period | DK |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Currency | PHP |
| Minimum loan size | PHP 5,000 |
| Maximum loan size | 100,000 |
| Shortest loan term | 3.0 months |
| Longest loan term | 12.0 months |
| Approx average | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 2.60% |
| Highest quoted nominal interest | 3.00% |
| Reason(s) why interest rate varies | Branch, Time as Client, Client Risk |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Administration Fee |
| % of loan amount - min | 0.50% |
| % of loan amount - max | 0.50% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| 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 |
| Lowest quoted nominal interest | 30.00% |
| Highest quoted nominal interest | 30.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | Service Fee (per annum) | Notarial Fee | |
| % of loan amount - min | 12.00% | 0 | |
| % of loan amount - max | 12.00% | 0 | |
| OR, Fixed amount - min | 0 | 100 | |
| Fixed amount - max | 0 | 100 | |
| Reason for variation | N/A | ||
| Appears on Repayment Sched? | No | No |
| Ins 1 | |
|---|---|
| Description | Life Insurance |
| % of loan amount - min | 0.70% |
| % of loan amount - max | 1.30% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 5.00% - N/A |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | End Term |
| Minimum interest rate paid | 0.50% |
| Maximum interest rate paid | 0.50% |
| Interest payment frequency | Quarterly |
| Are taxes charged on this product? | Yes |
| Percentage of fees | 0 |
| All or some fees taxed | N/A |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | KHR 500,000 | KHR 1,200,000 | KHR 2,500,000 | KHR 5,000,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2013-03-05 | 2013-04-03 | 2013-04-12 | 2013-01-31 | |||
| Loan Term (Months) | 12.0 months | 4.4 months | 12.0 months | 12.0 months | |||
| Grace Period (Months) | 10.6 months | 3.4 months | 11.0 months | 10.6 months | |||
| Total Cost of Credit | KHR 177,000 | KHR 165,600 | KHR 852,400 | KHR 1,586,500 | |||
| True Price by Comp | |||||||
| Interest price component | 36.0% | 36.0% | 33.6% | 32.4% | |||
| Fee Component | 0.6% | 1.5% | 0.6% | 0.6% | |||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Full APR (int fee ins tax dep) | 36.6% | 37.5% | 34.2% | 33.0% | |||
| Transparency Index | 85 | 83 | 91 | 94 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | PHP 8,000 | PHP 15,000 | PHP 30,000 | PHP 40,000 | PHP 85,000 | ||||
| Loan Cycle (1, 2, 3, etc) | 1 | 3 | 2 | 2 | 5 | ||||
| Disbursement Date | 2011-03-29 | 2011-07-22 | 2010-12-08 | 2011-05-31 | 2011-06-28 | ||||
| Loan Term (Months) | 5.7 months | 5.5 months | 11.3 months | 3.8 months | 5.6 months | ||||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | ||||
| Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
| True Price by Comp | |||||||||
| Interest and Fee Component | 86.8% | 86.1% | 83.9% | 81.2% | 81.8% | ||||
| Insurance Component | 3.3% | 3.5% | 3.6% | 3.3% | 3.3% | ||||
| Tax Component | 5.9% | 6.0% | 6.4% | 5.5% | 5.9% | ||||
| Deposit Component | 21.6% | 22.9% | 43.4% | 13.0% | 20.8% | ||||
| Full APR (int fee ins tax dep) | 117.6% | 118.5% | 137.3% | 103.0% | 111.9% | ||||
| Transparency Index | 26 | 25 | 22 | 29 | 27 | ||||
| Original Repayment Schedule | |||||||||
| MFT Pricing Calculation |
| 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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