2. ProCredit CO
Please note that the information you are viewing is 171 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Fusion
Please note that the information you are viewing is 143 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Banco ProCredit Colombia S.A. Av Calle 39 No 13 A 16Bogotá, Cundinamarca
Data approved: 2011-08-01
Data version: 1
Age of data: 171 months

Institution

Fusion Microfinance Pvt. Ltd. 303-304, 3rd Floor, Building No.2Community Center, Phase-1, NarainaNew Delhi, New Delhi110052
Data approved: 2011-08-08
Data version: 1
Age of data: -   months 
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Product Summary

Number borrowers5,657
Loan Amount (range)COP 5,000,000 - 61,800,000
Loan Term (range)1 - 36
Other Services (text summary)Credit Ins
Annual Interest & Method29.5% annual, Decl Bal
Fees5.22%-8.75% ongoing
Insuranceongoing Y
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component24.5% - 40.3% (Int+Fee)
Insurance Component0 - 0.5%
Tax Component Range0
Full APR (int fee ins tax dep)24.5% - 40.7%
Transparency Index (min/max)0 - N/A
Transparency Index (average)92

Product Summary

119
INR 20,000 - 20,000
11
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits
31.7% annual, Decl Bal
2.00% upfront
None
None
N/A
 
N/A
36.6% (Int+Fee)
1.8% - 2.4%
0 - 0.3%
39.0%
81 - 89
81

Product Details

Key Statistics
Outstanding portfolio (COP)COP 33,528,903,983
Portfolio (USD)USD 18,422,474.72
Active Clients with Loans5,657
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
OtherTambién se otorgan prestamos a personas jurídicas, donde generalmente firman como garantía personal el representante legal y los socios
Description
Crèdito dirigido a aquellos clientes que son propietarios de una unidad de negocio o una empresa con mà¬nimo 1 año de antigàŒedad. El destino del crèdito es la financiacià²n de capital de trabajo o compra de activo fijo.
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculture
Educationx
Other household financex
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
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 groupx
OtherPersona Jurídica
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (INR)INR 831,753
Portfolio (USD)USD 18,483
Active Clients with Loans119
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Product to act as a spring board for women entrepreneur to take off her business to different level
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculture
Educationx
Other household financex
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business training
Other training
OtherVocational Training e.g. Tailoring, Aggarbatti making, bangle making etc this service is outsourced
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Household income <60,000 INR
Household income <120,000 INR
Must live in rural area
Must lives in urban area
Other
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
CurrencyCOP
Minimum loan sizeCOP 5,000,000
Maximum loan size61,800,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term36.0 months
Approx average24.0 months
Grace Period
Grace period usage10%
Average grace period3.0 months
Repayment Frequency
Dailyx
Weeklyx
Every 2 weeksx
Every 4 weeksx
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end paymentx
Irregular paymentsx

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 20,000
Maximum loan size20,000
Loan Term and Grace Period
Shortest loan term11.0 months
Longest loan term11.0 months
Approx average0
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.46%
Highest quoted nominal interest2.46%
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
Fee 1
DescriptionComisio Ley Mipyme
% of loan amount - min5.22%
% of loan amount - max8.75%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1Ins 2
DescriptionSeguro DañosSeguro de Deudor - % sobre saldo.
% of loan amount - min04.00%
% of loan amount - max0.46%4.00%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationN/AN/A
Appears on Repayment Sched?YesYes
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
Additional Comments
FNG - Fondo Nacional de Garantías. Solamente para algunos préstamos de este producto. Esta comisión se cobra sobre el saldo a capital del crédito al cierre de cada mes.

Pricing Information

Interest
Lowest quoted nominal interest31.74%
Highest quoted nominal interest31.74%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionLoan Processing Fees
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Premium
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
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

Crédito para muy pequeña Empresa samples
Sample 1Sample 2Sample 3
Loan AmountCOP 10,500,000COP 60,000,000COP 60,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-03-112011-04-072011-04-28
Loan Term (Months)36.0 months24.0 months60.0 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 Component40.3%34.0%24.5%
Insurance Component0.4%0.4%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)40.7%34.4%24.5%
Transparency Index7286100
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Samridhi samples
Sample 1
Loan AmountINR 20,000
Loan Cycle (1, 2, 3, etc)Not Known
Disbursement Date2010-05-26
Loan Term (Months)10.7 months
Grace Period (Months)0
Total Cost of CreditNot Known
True Price by Comp 
Interest and Fee Component36.6%
Insurance Component2.4%
Tax Component0
Deposit Component0
Full APR (int fee ins tax dep)39.0%
MFIN MFI Earning (Annualised)36.6%
MFIN Cost to Borrower (Annualised)39.0%
Transparency Index81
MFIN Transparency IndexN/A
  
Original Repayment SchedulePDF
MFT Pricing CalculationPDF
* The APR stated here is an MFTransparency term, definition and formula
Crédito para muy pequeña Empresa Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeMultipleLoan PurposeProCredit COInstitutionCO-004-V01-P02ProductCOCountry2011YearRange Number1Institution Data Version010,000,00020,000,00030,000,00040,000,00050,000,00060,000,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 1,10080050020030Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Samridhi Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.Private \'For-Profit\'Institution TypeMultipleLoan PurposeFusionInstitutionIN-026-V01-P07ProductINCountry2011YearRange Number1Institution Data Version05,00010,00015,00020,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 60303Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Caps / Zoom options
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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