Banco ProCredit Colombia S.A. - Cupo transaccional - MFTransparency.org Truth In Lending Tables

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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

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Product

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Product Details

Key Statistics

Outstanding portfolio (COP)	COP 259,103,614
Portfolio (USD)	USD 142,364.62
Active Clients with Loans	72
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other	Persona Jurà¬dica\r

Description

Crèdito otorgado a clientes vinculados de muy pequeña, pequeña y mediana empresa. El objetivo es la financiacià²n permanente de capital de trabajo. El plazo es a 90 dà¬as.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other	Capital de Trabajo
Other (2)

Included Services

Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services	x

Eligibility

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	Persona Jurà¬dica
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	COP
Minimum loan size	COP 1,000,000
Maximum loan size	150,000,000

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	3.0 months
Approx average	3.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	100%
Between 4 and 6 months	0
Between 7 and 9 months	0
Between 10 and 12 months	0
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	10%
Average grace period	2.0 months

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly	x
Every 2 months
Quarterly	x
Every 6 months
Every 12 months
Single end payment	x
Irregular payments	x

Pricing Information

Interest

Lowest quoted nominal interest	1.69%
Highest quoted nominal interest	2.46%
Reason(s) why interest rate varies	La tasa varà¬a dependiendo si el clientes de muy pequeña, pequeña o mediana empresa
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

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

	Ins 1
Description	Seguro de Deuda
% of loan amount - min	4.00%
% of loan amount - max	4.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

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

Are taxes charged on this product?

Additional Comments

Fondo Nacional de Garantía (FNG) - para algunos préstamos de este producto. Esta comisión se cobra sobre el saldo a capital del crédito al cierre de cada mes. (para algunos préstamos de este producto)

Full Pricing Data

Cupo transaccional samples

	Sample 1	Sample 2	Sample 3
Loan Amount	COP 1,280,000	COP 8,000,000	COP 20,000,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2011-03-07	2011-02-16	2011-04-14
Loan Term (Months)	3.0 months	3.0 months	3.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	34.0%	34.0%	36.9%
Insurance Component	0.4%	0.4%	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)	34.5%	34.4%	36.9%
Transparency Index	59	59	55

Original Repayment Schedule	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF

Cupo transaccional Price Graphs

Loan Size/Full APR

Loan Term/Full APR

Custom

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AgroCapital	21,900	16,894,000	11	176
ANED	5,400	6,579,000	3	134
Banco FIE	231,100	569,322,000	6	134
BancoSol	215,300	861,418,000	30	134
CIDRE	8,500	126,578,000	8	134
Coop Fatima	6,300	44,280,000	7	176
CRECER	166,900	134,626,000	13	134
Diaconia	67,000	85,734,000	2	134
Ecofuturo	59,200	226,839,000	5	134
EMPRENDER	8,700	2,380,000	3	176
Fassil FFP	57,600	325,081,000	5	134
FONCRESOL	3,900	9,573,000	3	134
FONDECO	14,200	24,274,000	3	134
Fortaleza	20,100	164,530,000	13	134
FUBODE	29,400	24,444,000	7	134
FUNBODEM	8,600	15,798,000	9	134
IDEPRO	10,400	40,479,000	2	134
IMPRO	2,400	2,885,000	4	134
ProCredit	84,300	257,487,000	8	176
PRODEM	44,900	62,529,000	4	134
ProMujer BOL	115,200	50,753,000	3	134
Sartawi	14,600	26,842,000	8	134

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

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Total Borrrowers of Samples


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