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Institution
Data approved: 2011-02-09
Data version: 1
Age of data: 171 months
Description
DESTINADOS PARA COMPRA DE TERRENO, VIVIENDA, CONSTRUCCIÓN, REMODELACIÓN Y MEJORAS DE VIVIENDA PROPIA, AMPARADOS CON GARANTIA HIPOTECARIA Y OTORGADOS AL USUARIO FINAL DEL INMUEBLE.
Any purpose Income generation Mortgage/housing x Consumer loan Agriculture Education Other household finance Other Compra de terreno, casa, apartamentos Other (2) Construccion y mejora de casa
Credit education Group meetings Credit insurance x Workplace visits 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 x Must be a salaried worker x Must be specific age group Other Other (2)
Portfolio Size by Product
Geographic Coverage
# Regions for this institution N/A # Regions for this product N/A Regions Active
Loan Conditions
Currency USD Minimum loan size USD 8,001 Maximum loan size 17,000
Shortest loan term 38.0 months Longest loan term 58.0 months Approx average 48.0 months
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 10.78% Highest quoted nominal interest 10.78% 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 Fee 1 Description SEGURO DE DESGRAVAMEN DOS CABEZAS SOBRE EL MONTO DEL CREDITO DISTRIBUIDO EN CADA CUOTA % of loan amount - min 6.00% % of loan amount - max 6.00% OR, Fixed amount - min 0 Fixed amount - max 0 Reason for variation N/A Appears on Repayment Sched? Yes
Upfront Insurance Fees This product has no upfront insurance fees Ongoing Insurance Fees This product has no ongoing insurance fees
Required for All Criteria N/A Is deposit indicated on the repayment schedule? Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited 9.00% or, Fixed-amount deposited 0
Deposits DURING period payments
% loan amount deposited 0 or, Fixed-amount deposited 0 Conditions on access to deposit End Term
Interest Paid on Deposit
Minimum interest rate paid 0.50% Maximum interest rate paid 2.50% Interest payment frequency Annually
Taxes
Are taxes charged on this product? No
Additional Comments
LA GARANTIA ES HIPOTECARIA.
Credito de Vivienda Price Graphs
0 100 Pricing Transparency Index Regulated Inst. Not Regulated Inst. Coop Institution Type Housing Loan Purpose Coop San Miguel Institution EC-033-V01-P02 Product EC Country 2011 Year Range Number 1 Institution Data Version 0 5,000 10,000 15,000 Loan Size (all) 0% 5% 10% 15% Full APR (int fee ins tax dep) > 10 7 1 Number of Borrowers* * Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
