Institution Type | Credit Union / Cooperative |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1963 |
Head of Institution | IVAN TOBAR |
Regions active | |
# Branches | 21 |
Total Portfolio (nat'l) | USD 88,130,099 |
Total Portfolio (USD) | USD 88,130,099 |
Active clients with loans | 22,154 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 60% - 80% |
Network affiliations | |
Funders |
Institution Type | RurBank |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1974 |
Head of Institution | Engr. Arturo P. Muyco, Jr. |
Regions active | |
# Branches | 5 |
Total Portfolio (nat'l) | PhP 3,072,220 |
Total Portfolio (USD) | USD 73,498.09 |
Active clients with loans | 664 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | Bangko Sentral ng Pilipinas (BSP), Rural Bankers Association of the Philippines (RBAP), Philippine Deposit Insurance Corporation (PDIC) |
Funders | Landbank of the Philippines (LBP), National Livelihood Development Corporation (NLDC), Bangko Sentral ng Pilipinas (BSP) |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNMPE | USD 600 - 8,000 | 12 - 36 | 20% - 40% | 80% - 100% | Any Purpose | Women, Men, Salaried worker, Specific age group | Credit Ins | |||||||
MICM | USD 200 - 20,000 | 8 - 10 | 80% - 100% | 20% - 40% | Any Purpose | Women | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits | |||||||
MICON | USD 600 - 20,000 | 6 - 36 | 20% - 40% | 60% - 80% | Any Purpose | Women, Men, Have business | Credit Ins | |||||||
MICPE | USD 600 - 8,000 | 2 - 36 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fast Cash | PHP 3,000 - 28,000 | 1 - 6 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business | Group Mtgs, Credit Ins | |||||||
POWER (Program on Women Empowerment) | PHP 3,000 - 28,000 | 4 - 6 | 80% - 100% | 0% - 20% | Business | Women, Have business | Group Mtgs, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNMPE | 15.2% annual, Decl Bal | 1 Fee | 0 Ins | None | 1.5% upfront | 15.4% - 16.1% | 16.4% - 16.5% | 92 | ||||||||
MICM | 25.7% annual, Decl Bal | 1 Fee | 0 Ins | None | 3.0% upfront | 26.1% - 29.6% | 29.2% - 33.7% | 84 | ||||||||
MICON | 22.8% annual, Decl Bal | 1 Fee | 0 Ins | None | 3.00% ongoing | 21.4% - 24.4% | 23.1% - 25.5% | 92 | ||||||||
MICPE | 24.5% annual, Decl Bal | 1 Fee | 0 Ins | None | 3.0% upfront | 22.7% - 24.8% | 24.5% - 26.7% | 93 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fast Cash | 40.0%-44.0% annual, Flat | 1 Fee | 2 Ins | 0.50% loan amt | 500.00 upfront 50.00 ongoing | 83.4% - 92.4% | 100.2% - 250.2% | 31 | ||||||||
POWER (Program on Women Empowerment) | 40.0%-44.0% annual, Flat | 1 Fee | 2 Ins | 0.50% loan amt | 500.00 upfront 50.00 ongoing | 83.4% - 84.7% | 100.2% - 242.3% | 30 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNMPE | 15.2% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 1.5% upfront | 15.4% - 16.1% | 16.4% - 16.5% | 92 | ||||||||
MICM | 25.7% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 3.0% upfront | 26.1% - 29.6% | 29.2% - 33.7% | 84 | ||||||||
MICON | 22.8% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 3.00% ongoing | 21.4% - 24.4% | 23.1% - 25.5% | 92 | ||||||||
MICPE | 24.5% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 3.0% upfront | 22.7% - 24.8% | 24.5% - 26.7% | 93 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fast Cash | 40.0%-44.0% annual, Flat | 1 Fee | 2 Ins Ins | 0.50% loan amt | 500.00 upfront 50.00 ongoing | 83.4% - 92.4% | 100.2% - 250.2% | 31 | ||||||||
POWER (Program on Women Empowerment) | 40.0%-44.0% annual, Flat | 1 Fee | 2 Ins Ins | 0.50% loan amt | 500.00 upfront 50.00 ongoing | 83.4% - 84.7% | 100.2% - 242.3% | 30 |
Key Statistics | |
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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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