2. KREDIT
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

KREDIT Microfinance Institution Plc. #17, Street 163ChamkarmornPhnom Penh
Data approved: 2013-04-23
Data version: 3
Age of data: 139 months
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Product

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Product Details

Key Statistics
Outstanding portfolio (USD)USD 42,321,723.05
Portfolio (USD)USD 42,321,723.05
Active Clients with Loans24,845
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
ID USD product is an option for client who invests or develops their business activities by using loan in USD.
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loanx
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 businessx
Must own a home or landx
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 institution12
# Regions for this product13
Regions ActiveBanteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampot, KandalKratié, Phnom Penh, Prey VengSiem Reap, Svay Rieng, Takéo

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 100
Maximum loan size20,000
Distribution at Disbursement (Est.)
Loans less than USD 2505%
USD 250-1,00015%
USD 1,000-1,50015%
USD 1,500-2,00015%
USD 2,000-2,50015%
Greater than USD 2,50015%
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term36.0 months
Approx average20.4 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months5%
Between 10 and 12 months20%
Between 13 and 18 months30%
Longer than 18 months40%
Grace Period
Grace period usage10%
Average grace period3.0 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeksx
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest1.65%
Highest quoted nominal interest3.00%
Reason(s) why interest rate variesLoan Size
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
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

Full Pricing Data

ID-USD samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUSD 150USD 300USD 625USD 1,300USD 1,900USD 3,100
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-01-102013-03-212013-02-082013-03-222013-03-222013-03-19
Loan Term (Months)8.0 months10.0 months19.0 months18.0 months25.0 months24.0 months
Grace Period (Months)0.3 months-0.4 months6.4 months-0.1 months0.4 months0.1 months
Total Cost of CreditUSD 17USD 40USD 207USD 306USD 499USD 719
True Price by Comp           
Interest price component29.1%30.7%30.1%29.4%24.0%21.7%
Fee Component0.0%0.0%0.6%0.3%0.2%0.1%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)29.1%30.7%30.7%29.7%24.2%21.8%
Transparency Index686565678291
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
ID-USD Price Graphs


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  2. RMB
Please note that the information you are viewing is 158 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Rizal Microbank (A Thrift Bank of RCBC) 2/F EDES 2 Building Acacia SectionJ.P. Laurel AvenueDavao City, Davao del Sur/Region XI8000
Data approved: 2011-11-15
Data version: 1
Age of data: 158 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established2010
Head of InstitutionMa. Lourdes S. Pineda
Regions active
# Branches2

Total Portfolio (nat'l)PhP 9,226,611
Total Portfolio (USD)USD 220,732.32
Active clients with loans148
Approximate % female clients60% - 80%
Approximate % urban clients80% - 100%
Network affiliations
Funders

Loan Products » Summary

Pitaka
137 Borrowers
USD 173,782.32 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Pitaka Microenterprise Loan PHP 5,000 - 150,000 2 - 6 60% - 80% 80% - 100% Business Women, Men, Have business Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Pitaka Microenterprise Loan 21.0% annual, Flat 2 Fees 1 Ins 0.50% loan amt 100.00 upfront 10.00% ongoing 58.8% - 73.1% 55.4% - 80.2% 31
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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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