Cooperativa de Ahorro y Credito Ambato Ltda - Consumo - MFTransparency.org Truth In Lending Tables

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Institution

Cooperativa de Ahorro y Credito Ambato Ltda Lalama 08-51 y Juan B VelaAmbato, Tungurahua

Data approved: 2010-11-08

Data version: 1

Age of data: 169 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (USD)	USD 1,816,861
Portfolio (USD)	USD 1,816,861
Active Clients with Loans	595
Approximate % Female Clients	20% - 40%
Approximate % Urban Clients	0% - 20%

Methodology

Individual	x
Solidarity group	x
Village banking
Self help group
Other

Description

Son creditos para el mejoramiento de los socios mas en la sector rural

Loan Purpose

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

Included Services

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

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
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	USD
Minimum loan size	USD 200
Maximum loan size	20,000

Loan Term and Grace Period

Shortest loan term	2.0 months
Longest loan term	30.0 months
Approx average	15.0 months

Grace Period

Grace period usage	0
Average grace period	0

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	15.20%
Highest quoted nominal interest	18.00%
Reason(s) why interest rate varies	Loan Purpose
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?
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

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?	Yes

Deposit BEFORE or AT Disbursement

% loan amount deposited	10.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	3.00%
Maximum interest rate paid	6.00%
Interest payment frequency	Annually

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Consumo samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	USD 1,212	USD 2,525	USD 3,939	USD 8,080
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2010-08-12	2010-08-02	2010-08-20	2010-08-30
Loan Term (Months)	12.0 months	8.0 months	24.0 months	30.0 months
Grace Period (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
True Price by Comp
Interest and Fee Component	15.4%	15.4%	15.4%	13.3%
Insurance Component	0.0%	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	2.7%	2.6%	2.9%	2.4%
Full APR (int fee ins tax dep)	18.1%	18.0%	18.3%	15.7%
Transparency Index	84	84	83	97

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

Consumo Price Graphs

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
KBL	468,300	120,082,000	16	112
KF	233,600	41,416,000	4	111
NRSP	399,900	70,157,000	3	112
ASA	230,400	29,637,000	3	112
TMFB	221,200	85,449,000	7	112
FMFB	163,544	38,481,323	9	130
TRDP	100,000	13,817,000	3	112
PRSP	75,656	9,907,176	3	130
BRAC^P	57,300	11,869,000	3	112
SRSO	51,100	7,775,000	3	112
SSF	46,000	4,776,000	3	112
FINCA	82,000	43,559,000	9	112
JWS	36,000	6,545,000	2	112
RCDS	35,552	4,856,122	4	130
DAMEN	35,185	7,150,864	1	130
FFO	22,400	3,335,000	3	112
OLP	21,400	3,510,000	3	112
CSC	17,600	3,147,000	1	112
AMRDO	13,800	1,206,000	5	112
WMBL	13,800	6,105,000	3	112
Mojaz	13,400	2,415,000	2	112
SDF	11,500	1,041,000	4	112
POMFB	8,500	2,795,000	4	112
OPD	7,500	918,000	2	112
AGAHE	7,300	797,000	2	112
NRDP	6,184	1,521,972	3	130
GBTI	6,100	669,000	3	130
WASIL	4,300	1,135,000	2	112
Micro Options	4,000	768,000	5	112
VDO	3,900	489,000	3	130
SVDP	3,900	811,000	13	130
SRDO	3,500	766,000	4	112
OSDI	2,000	923,000	3	112
APMBL	1,800	1,401,000	3	112
BEDF	1,400	209,000	3	130
KCDO	800	94,000	1	130

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

	X Axis
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Total Borrrowers of Samples


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