Outstanding portfolio (COP) | COP 30,852,853,411 |
Portfolio (USD) | USD 16,952,117.26 |
Active Clients with Loans | 13,388 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 40% - 60% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Eexcluisivamente para inversiones en su negocio |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | x |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
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 | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | COP |
Minimum loan size | COP 300,000 |
Maximum loan size | 51,500,000 |
Shortest loan term | 1.0 month |
Longest loan term | 36.0 months |
Approx average | 24.0 months |
Grace period usage | 0 |
Average grace period | 0 |
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 |
Lowest quoted nominal interest | 2.80% |
Highest quoted nominal interest | 2.80% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Descuento ley Mipyme. |
% of loan amount - min | 1.00% |
% of loan amount - max | 4.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Seguro de vida deudores. |
% of loan amount - min | 0.03% |
% of loan amount - max | 1.08% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | COP 1,300,000 | COP 3,500,000 | COP 7,000,000 | COP 13,000,000 | COP 27,000,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2011-03-01 | 2011-03-17 | 2011-03-31 | 2011-03-26 | 2011-03-25 | ||||
Loan Term (Months) | 18.0 months | 18.0 months | 36.0 months | 36.0 months | 36.0 months | ||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 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 | 33.7% | 33.2% | 32.3% | 31.3% | 33.5% | ||||
Insurance Component | 0.6% | 0.6% | 0.9% | 0.6% | 0.9% | ||||
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) | 34.4% | 33.7% | 33.2% | 31.9% | 34.3% | ||||
Transparency Index | 98 | 100 | 100 | 100 | 98 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
---|---|---|---|---|
AccessBank | 82,400 | 199,224,000 | 4 | 174 |
Bank of Baku | 59,500 | 123,214,000 | 4 | 174 |
DemirBank | 14,100 | 25,597,000 | 2 | 118 |
FINCA | 154,600 | 233,358,000 | 12 | 118 |
Parabank | 10,300 | 37,235,000 | 3 | 174 |
Turanbank | 2,600 | 326,000 | 5 | 174 |
Unibank | 800 | 64,000 | 1 | 174 |
Viator | 19,500 | 20,468,000 | 8 | 117 |
Key Statistics | |
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# 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 |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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