Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.ashi.org.ph/ |
Year established | 1991 |
Head of Institution | Mila Mercado-Bunker |
Regions active | |
# Branches | 21 |
Total Portfolio (nat'l) | PhP 238,006,978 |
Total Portfolio (USD) | USD 5,693,946.84 |
Active clients with loans | 31,322 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations | Microfinance Council of the Philippines, Social Performance Taskforce, Social Performance Network, Grameen Global Network |
Funders | TRIAS, PCFC, Peace & Equity Foundation, KIVA |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Center Loan | PHP 1,000 - 50,000 | 6 - 24 | 80% - 100% | 20% - 40% | Other, Payment of past due of willful member | Women | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Educational Loan | PHP 3,000 - 20,000 | 6 - 24 | 80% - 100% | 20% - 40% | Education | Women | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
General Loan | PHP 3,000 - 50,000 | 6 - 24 | 80% - 100% | 20% - 40% | Business | Women | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Life Insurance | |||||||
Group Fund Loan | PHP 700 - 49,000 | 2 - 6 | 80% - 100% | 20% - 40% | Other | Women | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
House Repair Loan | PHP 3,000 - 20,000 | 6 - 24 | 80% - 100% | 20% - 40% | Housing | Women | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Recovery Loan | PHP 3,000 - 3,000 | 6 | 80% - 100% | 20% - 40% | Business | Women | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Center Loan | 25.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 33.1% - 44.3% | 33.1% - 44.3% | 65 | ||||||||
Educational Loan | 25.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 47.3% - 48.4% | 47.3% - 48.4% | 52 | ||||||||
General Loan | 25.0% annual, Flat | 1 Fee | 2 Ins | None | 5.00 upfront 5.00 ongoing | 70.1% | 72.1% - 106.2% | 31 | ||||||||
Group Fund Loan | 0.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 17.3% - 19.8% | 17.3% - 40.9% | 0 | ||||||||
House Repair Loan | 25.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 47.3% - 47.6% | 47.3% - 47.6% | 53 | ||||||||
Recovery Loan | 25.0% annual, Flat | 0 Fees | 0 Ins | None | None | 47.3% - 48.4% | 47.3% - 48.4% | 52 |
Outstanding portfolio (USD) | USD 825,304 |
Portfolio (USD) | USD 825,304 |
Active Clients with Loans | 934 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Seasonal loan requirement only |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
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 | 24 |
# Regions for this product | 24 |
Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh Kong, KepKratié, Mondulkiri , Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey Veng, RatanakiriSiem Reap, Stung Treng, Svay Rieng, Takéo |
Currency | USD |
Minimum loan size | USD 100 |
Maximum loan size | 1,500 |
Loans less than USD 250 | 0 |
USD 250-1,000 | 60% |
USD 1,000-1,500 | 40% |
USD 1,500-2,000 | 0 |
USD 2,000-2,500 | 0 |
Greater than USD 2,500 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 12.0 months |
Approx average | 6.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 5% |
Between 10 and 12 months | 90% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 100% |
Average grace period | DK |
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 | 2.40% |
Highest quoted nominal interest | 2.70% |
Reason(s) why interest rate varies | Branch, Time as Client, Client Risk |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Administration Fee |
% of loan amount - min | 0.50% |
% of loan amount - max | 0.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
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 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | USD 1,000 | USD 300 | USD 600 | USD 1,200 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2013-01-22 | 2013-02-08 | 2013-03-21 | 2013-02-20 | |||
Loan Term (Months) | 12.0 months | 12.0 months | 12.0 months | 12.0 months | |||
Grace Period (Months) | 10.9 months | 10.6 months | 11.2 months | 10.8 months | |||
Total Cost of Credit | USD 313 | USD 96.50 | USD 194 | USD 361 | |||
True Price by Comp | |||||||
Interest price component | 31.2% | 32.9% | 31.4% | 30.1% | |||
Fee Component | 0.6% | 0.6% | 0.6% | 0.5% | |||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Full APR (int fee ins tax dep) | 31.8% | 33.5% | 32.0% | 30.6% | |||
Transparency Index | 91 | 86 | 90 | 94 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
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% 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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