2. ASA Initiative
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 Initiative FNGO Head OfficeCape Coast, CentralP.O. Box 396
Data approved: 2013-02-20
Data version: 2
Age of data: 139 months
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Product

Six Months Individual Loan Product 2 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 360,271.35
Portfolio (USD)USD 182,878.86
Active Clients with Loans698
Approximate % Female Clients40% - 60%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Individual loan designed for micro-entrepreneurs whose businesses generate daily to monthly cashflows. Simple assets provided as collateral.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household financex
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visitsx
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveCentral Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 600
Maximum loan size10,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,00020%
GHS 1,000-5,00050%
GHS 5,000-7,50020%
GHS 7,500-10,00010%
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term6.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months100%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest44.00%
Highest quoted nominal interest44.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan Processing FeeApplication Form Fee
% of loan amount - min3.00%0
% of loan amount - max3.00%0
OR, Fixed amount - min02
Fixed amount - max02
Reason for variationN/AN/A
Appears on Repayment Sched?YesNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
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
Additional Comments
The one fee not appearing on the loan documentation - application form fee - is communicated to clients through a training module before they make their credit decision.

Full Pricing Data

Six Months Individual Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountGHS 800GHS 1,500GHS 2,000GHS 5,000GHS 8,000
Loan Cycle (1, 2, 3, etc)24382
Disbursement Date2012-12-102012-10-312012-12-172012-11-132012-11-28
Loan Term (Months)6.0 months6.0 months6.0 months6.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditGHS 210GHS 392GHS 522GHS 1,302GHS 2,082
True Price by Comp         
Interest price component70.9%70.9%70.9%70.9%70.9%
Fee Component12.2%11.7%11.6%11.4%11.3%
Insurance Component3.8%3.8%3.8%3.8%3.8%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)86.9%86.4%86.3%86.1%86.0%
Transparency Index5151515151
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Six Months Individual Loan Price Graphs


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  2. ProCredit
Please note that the information you are viewing is 172 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Banco Los Andes ProCredit S.A. Av. Cristo Redentor No. 3730 entre 4 y 5 anilloSanta Cruz de la Sierra, Santa Cruz
Data approved: 2010-10-28
Data version: 1
Age of data: 172 months

Institution Details

Institution TypeOther
Is this institution regulated?Yes
Website addresshttp://www.losandesprocredit.com.bo/
Year established1995
Head of InstitutionPablo Alberto González López
Regions active
# Branches62

Total Portfolio (nat'l)BOB 2,650,421,275
Total Portfolio (USD)USD 392,655,003.70
Active clients with loans83,776
Approximate % female clients40% - 60%
Approximate % urban clients80% - 100%
Network affiliationsASOFIN, ASOBAN
FundersProCredit Holding AG, Helen Alexander, Gabriel Schor, Mariano Larena

Loan Products » Summary

valor (BOB)
1,104 Borrowers
USD 1,258,593.78 Portfolio
Active Product
Valor ME
374 Borrowers
USD 846,867 Portfolio
Active Product
Emp. ME(USD)
21,780 Borrowers
USD 111,530,358 Portfolio
Active Product
Emp. ME(BOB)
44,495 Borrowers
USD 99,292,463.59 Portfolio
Active Product
Asa. ME(USD)
443 Borrowers
USD 645,031.22 Portfolio
Active Product
Asa. MN(BOB)
1,031 Borrowers
USD 1,260,387.59 Portfolio
Active Product
Viv. ME(USD)
4,573 Borrowers
USD 19,967,105.90 Portfolio
Active Product
Viv. MN(BOB)
10,574 Borrowers
USD 22,686,193.02 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Crédito con garantía de títulos valor BOB 250 - 135,000 0.9 - 60 40% - 60% 80% - 100% Any Purpose Women, Men Credit Ins
Crédito con garantía de títulos valor ME USD 100 - 125,000 1.3 - 45.3 40% - 60% 80% - 100% Any Purpose Women, Men Credit Ins
Crédito Empresarial ME USD 100 - 1,050,000 4.9 - 60.9 40% - 60% 0% - 20% Any Purpose Women, Men, Have business, No ser parte del dirctorio ni ser ejecutivo del Banco, Debe tener por lo menos 1 año de experiencia en el negocio que lleva adelante Credit Ins, Business Training
Crédito Empresarial MN BOB 480 - 3,485,000 1 - 303.4 40% - 60% 80% - 100% Any Purpose Women, Men, Have business, No ser parte del dirctorio ni ser ejecutivo del Ba, Debe tener por lo menos 1 año de experiencia en el Credit Ins, Business Training
Creditos para Asalariados ME USD 200 - 15,000 4 - 121 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker, Debe ser propietario de inmueble o presentar un garante personal Credit Ins
Creditos para Asalariados MN BOB 601 - 70,000 1.4 - 61.4 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker, Debe ser propietario de inmueble o presentar un garante personal Credit Ins
Creditos para Vivienda ME USD 242 - 20,000 2 - 143 40% - 60% 80% - 100% Housing, Para Compra y construccion de vivienda, Para compra de terreno Women, Men, Have business, Salaried worker Credit Ins
Creditos para Vivienda MN BOB 800 - 140,000 4 - 145 40% - 60% 80% - 100% Housing, Compra o construción de Vivienda, Compra de Terreno Women, Men, Have business Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Crédito con garantía de títulos valor 4.3%-25.0% annual, Decl Bal 0 Fees 0 Ins None N/A 7.2% - 15.1% 7.2% - 15.1% 42
Crédito con garantía de títulos valor ME 5.0%-22.0% annual, Decl Bal 0 Fees 0 Ins 15.00% Principal N/A 7.1% - 14.8% 7.9% - 14.7% 53
Crédito Empresarial ME 5.0%-36.0% annual, Decl Bal 0 Fees 0 Ins 15.00% Principal N/A 16.2% - 31.1% 16.3% - 31.2% 22
Crédito Empresarial MN 8.5%-38.6% annual, Decl Bal 0 Fees 0 Ins None N/A 15.3% - 27.5% 15.3% - 27.5% 41
Creditos para Asalariados ME 6.4%-33.0% annual, Decl Bal 0 Fees 0 Ins 15.00% Principal N/A 7.5% - 22.4% 7.6% - 22.6% 48
Creditos para Asalariados MN 6.6%-36.0% annual, Decl Bal 0 Fees 0 Ins None N/A 16.2% - 28.4% 16.2% - 28.4% 28
Creditos para Vivienda ME 7.4%-36.0% annual, Decl Bal 0 Fees 0 Ins 15.00% Principal N/A 15.8% - 23.6% 16% - 24% 39
Creditos para Vivienda MN 7.0%-36.0% annual, Decl Bal 0 Fees 0 Ins None N/A 17.2% - 30.5% 17.2% - 30.5% 31
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Key Statistics
# Samples:
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# 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
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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