| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.kredit.com.kh |
| Year established | 2000 |
| Head of Institution | Chan Mach |
| Regions active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampot, KandalKratié, Phnom Penh, Prey VengSiem Reap, Takéo |
| # Branches | 51 |
| Total Portfolio (nat'l) | KHR 239,343,000,000 |
| Total Portfolio (USD) | USD 60,593,164.56 |
| Active clients with loans | 62,626 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ID-AGR-KHR | KHR 100,000 - 20,000,000 | 4 - 12 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Have home or land | ||||||||
| ID-AGR-USD | USD 100 - 5,000 | 4 - 12 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Have home or land | ||||||||
| ID-KHR | KHR 200,000 - 40,000,000 | 4 - 36 | 80% - 100% | 0% - 20% | Business, Housing, Consumer | Women, Men, Have business, Have home or land | ||||||||
| ID-USD | USD 100 - 20,000 | 4 - 36 | 80% - 100% | 0% - 20% | Business, Housing, Consumer | Women, Men, Have business, Have home or land | ||||||||
| SG-AGR-KHR | KHR 100,000 - 1,200,000 | 4 - 12 | 80% - 100% | 0% - 20% | Business, Housing, Consumer | Women, Men, Have business, Have home or land | Group Mtgs | |||||||
| SG-KHR | KHR 100,000 - 1,200,000 | 4 - 12 | 80% - 100% | 0% - 20% | Business, Housing, Consumer | Women, Men, Have business, Have home or land | Group Mtgs | |||||||
| VSU-KHR | KHR 50,000 - 1,200,000 | 4 - 12 | 80% - 100% | 0% - 20% | Any Purpose | Women, Men | Credit Educ, Group Mtgs, Tech Asst Visits, Other Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ID-AGR-KHR | 27.0%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 25.6% - 36% | 25.6% - 36% | 86 | ||||||||
| ID-AGR-USD | 21.0%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 22.9% - 31.8% | 22.9% - 31.8% | 74 | ||||||||
| ID-KHR | 24.0%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 27.7% - 36.8% | 27.7% - 36.8% | 72 | ||||||||
| ID-USD | 19.8%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 21.8% - 30.7% | 21.8% - 30.7% | 73 | ||||||||
| SG-AGR-KHR | 36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 36% | 36% | 100 | ||||||||
| SG-KHR | 36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 36% | 36% | 100 | ||||||||
| VSU-KHR | 34.2% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 32% - 32.2% | 32% - 32.2% | 100 |
| Outstanding portfolio (PHP) | PHP 4,400,000 |
| Portfolio (USD) | USD 105,263.16 |
| Active Clients with Loans | 131 |
| Approximate % Female Clients | 0% - 20% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | x |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | Formation Program |
| Other (2) | Provision of Social Services (medical mission, etc.) |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | Involved in palay production |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | PHP |
| Minimum loan size | PHP 10,000 |
| Maximum loan size | 150,000 |
| Shortest loan term | 6.0 months |
| Longest loan term | 6.0 months |
| Approx average | 6.0 months |
| Grace period usage | 100% |
| Average grace period | 6.0 months |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | x |
| Irregular payments |
| Lowest quoted nominal interest | 32.00% |
| Highest quoted nominal interest | 32.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Service Charge |
| % of loan amount - min | 4.00% |
| % of loan amount - max | 4.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | |
| Appears on Repayment Sched? | No |
| Ins 1 | Ins 2 | ||
|---|---|---|---|
| Description | Crop Insurance | Credit-Life Insurance | |
| % of loan amount - min | 6.52% | 0 | |
| % of loan amount - max | 6.52% | 0 | |
| OR, Fixed amount - min | 0 | 370 | |
| Fixed amount - max | 0 | 370 | |
| Reason for variation | N/A | N/A | |
| Appears on Repayment Sched? | No | 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% |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | When Leaving |
| Minimum interest rate paid | 5.00% |
| Maximum interest rate paid | 5.00% |
| Interest payment frequency | End Term |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | PHP 20,000 | PHP 30,000 | PHP 70,000 | PHP 100,000 | PHP 115,000 | ||||
| Loan Cycle (1, 2, 3, etc) | 4 | 1 | 4 | 2 | 1 | ||||
| Disbursement Date | 2011-06-07 | 2011-07-22 | 2011-04-05 | 2011-04-26 | 2010-09-20 | ||||
| Loan Term (Months) | 6.0 months | 6.0 months | 5.0 months | 5.0 months | 5.0 months | ||||
| Grace Period (Months) | 6.0 months | 0.0 months | 5.0 months | 5.0 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 | 41.6% | 41.3% | 43.1% | 43.1% | 43.1% | ||||
| Insurance Component | 29.7% | 26.4% | 9.3% | 9.1% | 28.3% | ||||
| 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) | 71.3% | 67.8% | 52.5% | 52.2% | 71.4% | ||||
| Transparency Index | 45 | 47 | 61 | 61 | 45 | ||||
| Original Repayment Schedule | |||||||||
| MFT Pricing Calculation |
| Key Statistics | |
|---|---|
| # Samples: | |
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| # 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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