| Outstanding portfolio (INR) | INR 4,623,213 |
| Portfolio (USD) | USD 87,230.43 |
| Active Clients with Loans | 501 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 20% - 40% |
| Individual | |
| Solidarity group | |
| Village banking | |
| Self help group | x |
| Other |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | x |
| Other | Livelihood and Social Awareness programs |
| Other (2) | |
| No other services |
| Men | |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Household income <60,000 INR | |
| Household income <120,000 INR | |
| Must live in rural area | |
| Must lives in urban area | |
| Other | |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | INR |
| Minimum loan size | INR 10,000 |
| Maximum loan size | 30,000 |
| Shortest loan term | 12.0 months |
| Longest loan term | 20.0 months |
| Approx average | 15.0 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 | 12.50% |
| Highest quoted nominal interest | 12.50% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Processing Fee |
| % of loan amount - min | 2.00% |
| % of loan amount - max | 2.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Insurance Fee |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? |
| % loan amount deposited | 10.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | INR 50 |
| Conditions on access to deposit | Final Pmt |
| Minimum interest rate paid | 6.00% |
| Maximum interest rate paid | 6.00% |
| Interest payment frequency | Annually |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | INR 10,000 | INR 20,000 | INR 30,000 | ||
| Loan Cycle (1, 2, 3, etc) | 2 | 1 | 2 | ||
| Disbursement Date | 2010-07-01 | 2010-04-12 | 2010-08-01 | ||
| Loan Term (Months) | 15.0 months | 15.0 months | 15.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | Not Known | Not Known | Not Known | ||
| True Price by Comp | |||||
| Interest and Fee Component | 25.6% | 25.6% | 25.7% | ||
| Insurance Component | 1.6% | 1.7% | 1.7% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 6.6% | 5.6% | 5.3% | ||
| Full APR (int fee ins tax dep) | 33.8% | 32.9% | 32.7% | ||
| MFIN MFI Earning (Annualised) | 25.6% | 25.6% | 25.7% | ||
| MFIN Cost to Borrower (Annualised) | 33.8% | 32.9% | 32.7% | ||
| Transparency Index | 37 | 38 | 38 | ||
| MFIN Transparency Index | N/A | N/A | N/A | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.cepesiu.org.ec/ |
| Year established | 1983 |
| Head of Institution | Cecilia Padilla |
| Regions active | |
| # Branches | 3 |
| Total Portfolio (nat'l) | USD 939,466.31 |
| Total Portfolio (USD) | USD 939,466.31 |
| Active clients with loans | 2,011 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Programa de Crédito Directo | USD 500 - 1,500 | 4 - 8 | 20% - 40% | 0% - 20% | Business | Women, Men, Have business, Asociacion debe haber firmado convenio con Cepesiu, Producto dirigido a produccion agricola de ciclo corto | Tech Asst Visits | |||||||
| Programa de Crédito Individual (PCI) | USD 500 - 3,000 | 6 - 18 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business, Buena calificacion en la Central de Riesgos, Negocios establecidos un año | Tech Asst Visits | |||||||
| Programa Grupo Solidario | USD 200 - 1,500 | 4 - 18 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business, Buena calificacion en central de riesgos., Negocio funcionando 1 año. | Tech Asst Visits | |||||||
| Sociedad Popular de Inversión SPI | USD 300 - 10,000 | 4 - 24 | 40% - 60% | 20% - 40% | Business | Women, Men, Estructuras financieras locales autogestionadas de credito, Minimo 4 meses de funcionamiento | Tech Asst Visits, Cepesiu brinda asistencia tecnica con recursos no reembolsables |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Programa de Crédito Directo | 28.6% annual, Decl Bal | 0 Fees | 0 Ins | None | 12.0% upfront | 28.9% - 29% | 32.9% | 87 | ||||||||
| Programa de Crédito Individual (PCI) | 28.6% annual, Decl Bal | 0 Fees | 0 Ins | None | 12.0% upfront | 15.2% - 19.8% | 15.2% - 25.2% | 100 | ||||||||
| Programa Grupo Solidario | 28.6% annual, Decl Bal | 0 Fees | 0 Ins | None | 12.0% upfront | 19.8% - 24.8% | 25.2% - 31.1% | 97 | ||||||||
| Sociedad Popular de Inversión SPI | 26.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 19% - 24.8% | 19% - 24.8% | 100 |
| Key Statistics | |
|---|---|
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| # 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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