| Number borrowers | 4,702 |
| Loan Amount (range) | PHP 3,000 - 150,000 |
| Loan Term (range) | 0.9 - 12 |
| Other Services (text summary) | Credit Ins, Tech Asst Visits |
| Annual Interest & Method | 30.0% annual, Flat |
| Fees | 3.00%-4.00% upfront 30.00-50.00 upfront |
| Insurance | 1.00% upfront |
| Tax | None |
| Comp Dep | 5.0% upfront 10.00 ongoing |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 68.6% - 96.4% (Int+Fee) |
| Insurance Component | 0 - 11.4% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 80.2% - 120.9% |
| Transparency Index (min/max) | 25 - 46 |
| Transparency Index (average) | 32 |
| 19,944 |
| KHR 200,000 - 2,000,000 |
| 3 - 18 |
| Group Mtgs |
| 32.4%-42.0% annual, Decl Bal |
| None |
| None |
| None |
| N/A |
| 21.7% - 37.1% |
| 0 - 1.6% |
| 0 |
| 0 |
| 34.9% - 35.1% |
| 68 - 99 |
| 92 |
| Outstanding portfolio (PHP) | PHP 47,613,749 |
| Portfolio (USD) | USD 1,139,084.90 |
| Active Clients with Loans | 4,702 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 20% - 40% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | x |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | x |
| Consumer loan | |
| Agriculture | x |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | x |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | x |
| Other | 18-65 years old |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (KHR) | KHR 18,256,853,500 |
| Portfolio (USD) | USD 4,621,988.23 |
| Active Clients with Loans | 19,944 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | x |
| Credit insurance | |
| 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 | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 13 |
| # Regions for this product | 13 |
| Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Speu, Kampot, KandalKratié, Oddar Meancheay, Phnom Penh, Prey VengSiem Reap, Svay Rieng, Takéo |
| Currency | PHP |
| Minimum loan size | PHP 3,000 |
| Maximum loan size | 150,000 |
| Shortest loan term | 0.9 months |
| Longest loan term | 12.0 months |
| Approx average | 4.9 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | x |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Currency | KHR |
| Minimum loan size | KHR 200,000 |
| Maximum loan size | 2,000,000 |
| Loans less than KHR 1,000,000 | 40% |
| KHR 1,000,000-3,500,000 | 60% |
| KHR 3,500,000-6,000,000 | 0 |
| KHR 6,000,000-8,000,000 | 0 |
| KHR 8,000,000-10,000,000 | 0 |
| Greater than KHR 10,000,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 18.0 months |
| Approx average | 11.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 70% |
| Between 13 and 18 months | 30% |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | x |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| 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 |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | Service Charge | Notarial Fee | |
| % of loan amount - min | 3.00% | 0 | |
| % of loan amount - max | 4.00% | 0 | |
| OR, Fixed amount - min | 0 | 30 | |
| Fixed amount - max | 0 | 50 | |
| Reason for variation | if term is 1-3months: 3%; if term is 4-6 months: 4% | P30 for loans <P10,000; P50 for loans P10,000-P150,000 | |
| Appears on Repayment Sched? | No | No |
| Ins 1 | |
|---|---|
| Description | Insurance |
| % 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 | 5.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | PHP 10 |
| Conditions on access to deposit | Final Pmt |
| Minimum interest rate paid | 1.50% |
| Maximum interest rate paid | 1.50% |
| Interest payment frequency | Quarterly |
| Are taxes charged on this product? | No |
| Lowest quoted nominal interest | 2.70% |
| Highest quoted nominal interest | 3.50% |
| Reason(s) why interest rate varies | Branch, Time as Client, Client Risk, Loan Purpose |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | PHP 3,500 | PHP 8,000 | PHP 15,000 | PHP 30,000 | PHP 60,000 | PHP 90,000 | |||||
| Loan Cycle (1, 2, 3, etc) | Not Known | 2 | 2 | Not Known | Not Known | Not Known | |||||
| Disbursement Date | 2011-07-04 | 2011-06-28 | 2011-06-28 | 2011-07-01 | 2011-06-24 | 2011-06-20 | |||||
| Loan Term (Months) | 2.1 months | 3.0 months | 3.0 months | 3.0 months | 6.1 months | 6.1 months | |||||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||||
| Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
| True Price by Comp | |||||||||||
| Interest and Fee Component | 96.4% | 78.9% | 78.9% | 78.9% | 68.6% | 68.6% | |||||
| Insurance Component | 11.4% | 8.1% | 8.1% | 8.1% | 4.3% | 4.3% | |||||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
| Deposit Component | 13.0% | 9.9% | 9.2% | 8.9% | 7.3% | 7.2% | |||||
| Full APR (int fee ins tax dep) | 120.9% | 96.9% | 96.2% | 95.9% | 80.3% | 80.2% | |||||
| Transparency Index | 25 | 31 | 31 | 31 | 37 | 37 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | KHR 200,000 | KHR 500,000 | KHR 1,200,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-02-22 | 2013-02-19 | 2013-02-19 | ||
| Loan Term (Months) | 12.0 months | 12.0 months | 18.0 months | ||
| Grace Period (Months) | -0.3 months | -0.2 months | -0.5 months | ||
| Total Cost of Credit | KHR 36,900 | KHR 93,000 | KHR 318,800 | ||
| True Price by Comp | |||||
| Interest price component | 35.1% | 35.0% | 34.9% | ||
| Fee Component | 0.0% | 0.0% | 0.0% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 35.1% | 35.0% | 34.9% | ||
| Transparency Index | 92 | 93 | 93 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
