2. FUNDESMAG
Please note that the information you are viewing is 166 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FUNDACION ECOPETROL PARA EL DESARROLLO DEL MAGDALENA MEDIO carrera 27 Nº 44 -41BARRANCABERMEJA, SANTANDER
Data approved: 2011-03-15
Data version: 1
Age of data: 166 months

Product

Solidaria Product 2 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (COP)COP 463,669,627
Portfolio (USD)USD 254,763.53
Active Clients with Loans192
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Destinado a personas naturales y jurídicas de estrato I,II y III, con actividades microempresariales productivas, comerciales, Agropecuarias y de servicios, del sector urbano y rural, con monto inferior a 25 SMLV
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherCapital de Trabajo
Other (2)Compra de Activos
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other trainingx
OtherRuedas de Negocio
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried worker
Must be specific age group
OtherCodeudor con Finca Raiz
Other (2)Codeudor asalariado o independiente
# 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 200,000
Maximum loan size12,580,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term36.0 months
Approx average15.0 months
Grace Period
Grace period usage10%
Average grace period6.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.00%
Highest quoted nominal interest2.00%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?Yes
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionCOMISION DE MICROCREDITO LEY 590 DEL 2000CIFIN
% of loan amount - min4.50%0
% of loan amount - max7.50%0
OR, Fixed amount - min05,000
Fixed amount - max05,000
Reason for variationN/A
Appears on Repayment Sched?YesYes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionSeguro
% of loan amount - min6.00%
% of loan amount - max6.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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

Solidaria samples
Sample 1Sample 2Sample 3
Loan AmountCOP 1,000,000COP 3,300,000COP 4,500,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-03-112011-02-112011-03-11
Loan Term (Months)12.0 months15.0 months24.0 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%32.2%30.5%
Insurance Component0.8%0.7%0.7%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)41.0%32.9%31.2%
Transparency Index597377
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Solidaria Price Graphs


Click to view Price Analysis Tool
  2. ASA-Ghana
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

ASA-Ghana Head OfficeKaneshieAccra, Greater AccraP.O. Box MP 1834, Mamprobi
Data approved: 2013-03-09
Data version: 2
Age of data: 139 months
Choose version

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.asa-international.com/
Year established2007
Head of InstitutionMD. Aourongjeb
Regions activeGreater Accra Region, Central Region, Western Region, Ashanti Region
# Branches54

Total Portfolio (nat'l)GHS 36,218,600
Total Portfolio (USD)USD 18,962,617.80
Active clients with loans71,633
Approximate % female clients80% - 100%
Approximate % urban clients80% - 100%
Network affiliationsGHAMFIN
FundersCatalyst Microfinance Industries, ASA International

Loan Products » Summary

Business
1,556 Borrowers
USD 858,028 Portfolio
Active Product
Small Loan
70,077 Borrowers
USD 18,104,590 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Business Loan GHS 500 - 2,000 6 - 12 80% - 100% 60% - 80% Business Women, Have business, Must have a business plan Credit Educ, Group Mtgs, Credit Ins
Small Loan GHS 300 - 1,000 6 - 12 80% - 100% 80% - 100% Business Women, Have business Credit Educ, Group Mtgs, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loan 36.00% annual, Flat 1 Fee 1 Ins None 10.00% upfront 60.5% - 69.3% 73.9% - 85% 46
Small Loan 36.00% annual, Flat 1 Fee 1 Ins None 10.00% upfront 64.2% - 68.7% 81.5% - 87.5% 42
Institution Price Graph
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
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to ∞