2. BOM
Please note that the information you are viewing is 130 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. PMPC
Please note that the information you are viewing is 162 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 Oportunidade de Mozambique Av. 24 de Julho, 4136, Bairro MalangaMaputo
Data approved: 2013-05-10
Data version: 2
Age of data: 130 months
Choose version

Institution

Paglaum Multi Purpose Cooperative 2F PMPC Bldg., Eastern LoocPlaridel, Misamis Occidental7209
Data approved: 2011-11-15
Data version: 1
Age of data: 162 months

Product

Credito Solidario Product 3 of 3 « Prev | Next »

Product

Barangay Official Livelihood Assistance Product 1 of 8 « Prev | Next »

Product Summary

Number borrowers2,201
Loan Amount (range)MZN 1,000 - 12,180
Loan Term (range)3 - 8
Other Services (text summary)Group Mtgs
Annual Interest & Method72.0% annual, Flat
Fees1.72% ongoing
InsuranceNone
TaxN/A fixed
Comp Dep10.0% upfront
Range of pricing 
Interest Price Component32.8% - 71.4%
Fee Component1.9% - 5.0%
Insurance Component0 - 3.8%
Tax Component Range0 - 1.3%
Full APR (int fee ins tax dep)83.2% - 91.6%
Transparency Index (min/max)65 - 92
Transparency Index (average)83

Product Summary

670
PHP 500 - 15,000
6 - 36
Credit Educ, Credit Ins
22.8% annual, Flat
4.00% upfront 50.00 upfront
1.50% upfront 20.00 ongoing
None
6.5% upfront 26.00 ongoing
 
N/A
44.9% - 52.7% (Int+Fee)
2.2% - 83.9%
0
59.2% - 79.8%
15 - 136
35

Product Details

Key Statistics
Outstanding portfolio (MZN)MZN 1,071,377
Portfolio (USD)USD 35,242.66
Active Clients with Loans2,201
Approximate % Female Clients0
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Credito para pessoas de baixa renda que individualmente n?·o poderiam ter acesso ao credito por terem neg?cios extremamente pequenos e por n?·o estarem em condi???es de oferecer garantias exigidas em creditos individuais.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution7
# Regions for this product6
Regions ActiveGaza, Sofala, Manica, Zambezia, Nampula, Tete

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 10,280,041.88
Portfolio (USD)USD 245,934.02
Active Clients with Loans670
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
To provide financial assistance to all Barangay Officials under the BOLA Program for the purposes of; Business activities, livelihood projects, providential purpose, medical, educational
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherBarangay Officials
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyMZN
Minimum loan sizeMZN 1,000
Maximum loan size12,180
Distribution at Disbursement (Est.)
Loans less than MZN 5,00040%
MZN 5,000-10,00020%
MZN 10,000-20,00040%
MZN 20,000-40,0000
MZN 40,000-60,0000
Greater than MZN 60,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term8.0 months
Approx average8.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less10%
Between 4 and 6 months50%
Between 7 and 9 months40%
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 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 500
Maximum loan size15,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term36.0 months
Approx average0
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 monthsx
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest6.00%
Highest quoted nominal interest6.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionTaxa Administrativa
% of loan amount - min1.72%
% of loan amount - max1.72%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees0
All or some fees taxedN/A

Pricing Information

Interest
Lowest quoted nominal interest1.90%
Highest quoted nominal interest1.90%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionService FeeNotarial Fee
% of loan amount - min4.00%0
% of loan amount - max4.00%0
OR, Fixed amount - min050
Fixed amount - max050
Reason for variationN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Insurance
% of loan amount - min1.50%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
Ins 1
DescriptionMBA, Life and Retirement Insurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min20
Fixed amount - max20
Reason for variationN/A
Appears on Repayment Sched?No
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited6.50%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 26
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

Credito Solidario samples
Sample 1Sample 2Sample 3
Loan AmountMZN 6,000MZN 7,000MZN 9,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2014-05-152014-05-152014-05-15
Loan Term (Months)6.0 months6.0 months8.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditMZN 1,480.10MZN 1,618.40MZN 2,633.40
True Price by Comp     
Interest price component71.4%66.5%65.6%
Fee Component5.0%5.0%3.8%
Insurance Component0.0%0.0%0.0%
Tax Component1.3%1.3%1.3%
Deposit Component13.9%12.8%12.5%
Full APR (int fee ins tax dep)91.6%85.6%83.2%
Transparency Index798487
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Barangay Official Livelihood Assistance samples
Sample 1Sample 2Sample 3
Loan AmountPHP 3,671.47PHP 8,888.90PHP 15,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2010-09-302010-06-302010-12-16
Loan Term (Months)10.0 months24.0 months10.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component52.7%44.9%48.9%
Insurance Component15.0%6.1%6.1%
Tax Component0.0%0.0%0.0%
Deposit Component12.1%8.2%7.0%
Full APR (int fee ins tax dep)79.8%59.2%62.0%
Transparency Index293937
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Credito Solidario Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeBusinessLoan PurposeBOMInstitutionMZ-005-V02-P03ProductMZCountry2013YearRange Number2Institution Data Version02,0004,0006,0008,000Loan Size (all)0%20%40%60%80%100%Full APR (int fee ins tax dep)> 20010010Number of Borrowers
Click to view Price Analysis Tool
Barangay Official Livelihood Assistance Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.CoopInstitution TypeAnyLoan PurposePMPCInstitutionPH-033-V01-P01ProductPHCountry2011YearRange Number1Institution Data Version05,00010,00015,000Loan Size (all)0%20%40%60%80%Full APR (int fee ins tax dep)> 30010010Number 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.
Click to view Price Analysis Tool
Caps / Zoom options
Key Statistics
# Samples:
# Products
# 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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By Country

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