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140 months old and may not represent the prices currently charged.
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Institution
Data approved: 2013-06-20
Data version: 3
Age of data: 140 months
Key Statistics
| Outstanding portfolio (USD) | USD 2,448,478 |
| Portfolio (USD) | USD 2,448,478 |
| Active Clients with Loans | 1,527 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 0% - 20% |
Methodology
| Individual | x |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other | |
Description
The loan term is 12 or 30 months with loan sizes ranging from $1,500 to $27,000, monthly installments and grace period of 3 months for a 12 months loan. The borrower must have a profitable business or actual plans to start a new business.
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | x |
| Consumer loan | x |
| Agriculture | |
| Education | x |
| Other household finance | |
| Other | |
| Other (2) | |
Included Services
| Credit education | x |
| Group meetings | x |
| Credit insurance | |
| 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) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 2 |
| # Regions for this product | 2 |
| Regions Active | Kandal, Phnom Penh |
Loan Conditions
Loan Amount
| Currency | USD |
| Minimum loan size | USD 1,500 |
| Maximum loan size | 27,000 |
Distribution at Disbursement (Est.)
| Loans less than USD 250 | 0 |
| USD 250-1,000 | 0 |
| USD 1,000-1,500 | 0 |
| USD 1,500-2,000 | 40% |
| USD 2,000-2,500 | 20% |
| Greater than USD 2,500 | 20% |
Loan Term and Grace Period
| Shortest loan term | 12.0 months |
| Longest loan term | 30.0 months |
| Approx average | dk |
Distribution at Disbursement (Est.)
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 10% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 90% |
Grace Period
| Grace period usage | 10% |
| Average grace period | 3.0 months |
Repayment Frequency
| 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 | |
Pricing Information
Interest
| Lowest quoted nominal interest | 1.90% |
| Highest quoted nominal interest | 2.40% |
| Reason(s) why interest rate varies | Branch, Loan Size, Client Risk |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | No |
Upfront Fees
This product has no upfront feesOngoing Fees
This product has no ongoing feesUpfront Insurance Fees
This product has no upfront insurance feesOngoing 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 |
Additional Comments
The grace period will be allowed for 12 month loan only. Some clients choose grace period and some do not. If the client choose grace period it can happen at any month(s) during the loan period,up to 3 months total of grace.
Full Pricing Data
SMEs Loans samples
| Sample 1 | | Sample 2 | | Sample 3 |
|---|
| Loan Amount | USD 1,800 | | USD 2,000 | | USD 2,500 |
| Loan Cycle (1, 2, 3, etc) | Not Known | | Not Known | | Not Known |
| Disbursement Date | 2013-03-29 | | 2013-02-20 | | 2012-10-26 |
| Loan Term (Months) | 13.0 months | | 24.0 months | | 24.0 months |
| Grace Period (Months) | 0.5 months | | -0.3 months | | -0.1 months |
| Total Cost of Credit | USD 300.96 | | USD 461.86 | | USD 619.08 |
| True Price by Comp | | | | | |
| Interest price component | 22.5% | | 21.5% | | 22.3% |
| Fee Component | 0.0% | | 0.0% | | 0.0% |
| Insurance Component | 0.0% | | 0.0% | | 0.0% |
| Tax Component | 0.0% | | 0.0% | | 0.0% |
| Deposit Component | 0.0% | | 0.0% | | 0.0% |
| Full APR (int fee ins tax dep) | 22.5% | | 21.5% | | 22.3% |
| Transparency Index | 100 | | 100 | | 100 |
| | | | | | |
| Original Repayment Schedule | PDF | | PDF | | PDF |
| MFT Pricing Calculation | PDF | | PDF | | PDF |
