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Institution
Data approved: 2011-11-15
Data version: 1
Age of data: 162 months
Description
This loan product can be used by the client for business expansion, start-up business, educational and home improvement such as toilet construction, electrical installation, house repair, etc. to improve client's standard of living.
Any purpose Income generation x Mortgage/housing x Consumer loan Agriculture Education x Other household finance Other Other (2)
Credit education Group meetings Credit insurance Workplace visits Business training Other training Other Other (2) No other services x
Men Women x Must run a business x Must own a home or land Must be a salaried worker 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 PHP Minimum loan size PHP 1,000 Maximum loan size 150,000
Shortest loan term 3.0 months Longest loan term 36.0 months Approx average 9.0 months
Daily Weekly x Every 2 weeks Every 4 weeks Monthly Every 2 months Quarterly Every 6 months Every 12 months Single end payment Irregular payments
Pricing Information
Interest
Lowest quoted nominal interest 2.50% Highest quoted nominal interest 2.50% Interest rate period Monthly Interest Rate Calculation Method Flat Subsidized by funder request? Is rate fixed for entire loan term Yes
Upfront Fees This product has no upfront fees Ongoing Fees Fee 1 Fee 2 Description Service Charge Development Cost % of loan amount - min 3.00% 5.00% % of loan amount - max 3.00% 5.00% OR, Fixed amount - min 0 0 Fixed amount - max 0 0 Reason for variation amortized over the loan term amortized over the loan term Appears on Repayment Sched? Yes Yes
Upfront Insurance Fees This product has no upfront insurance fees Ongoing Insurance Fees This product has no ongoing insurance fees
Required for Some Criteria Only for clients who avail of loan over P30,000 with 10% maintaining balance based on the loan amount . Is deposit indicated on the repayment schedule? Yes Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited 10.00% - N/A 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 2.50% Maximum interest rate paid 2.50% Interest payment frequency Weekly
Taxes
Are taxes charged on this product? No
Additional Comments
The client can withdraw from their compulsory savings but no less than the required maintaining balance based on the
loan amount .
Special Loan Price Graphs
0 100 Pricing Transparency Index Regulated Inst. Not Regulated Inst. NGO Institution Type Business Loan Purpose NWTF Institution PH-031-V01-P04 Product PH Country 2011 Year Range Number 1 Institution Data Version 0 5,000 10,000 15,000 20,000 25,000 Loan Size (all) 0% 20% 40% 60% 80% Full APR (int fee ins tax dep) > 1,000 700 500 200 20 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.
