Number borrowers | 540 |
Loan Amount (range) | PHP 3,000 - 28,000 |
Loan Term (range) | 1 - 6 |
Other Services (text summary) | Group Mtgs, Credit Ins |
Annual Interest & Method | 40.0%-44.0% annual, Flat |
Fees | 1.00% upfront |
Insurance | 1.00% upfront 10.00 ongoing |
Tax | 0.50% loan amt |
Comp Dep | 500.00 upfront 50.00 ongoing |
Range of pricing | |
Interest Price Component | N/A |
Fee Component | 83.4% - 92.4% (Int+Fee) |
Insurance Component | 7.8% - 34.3% |
Tax Component Range | 2.3% - 2.4% |
Full APR (int fee ins tax dep) | 100.2% - 250.2% |
Transparency Index (min/max) | 16 - 40 |
Transparency Index (average) | 31 |
11,779 |
KHR 1,200,000 - 4,000,000 |
3 - 18 |
Tech Asst Visits, Business Training, Other Training, Social training ( health, nutrition, domestic violence, waste management) |
39.0% annual, Decl Bal |
4,000.00-80,000.00 upfront |
None |
None |
N/A |
38.4% - 42.4% |
3.1% - 15.4% |
0 |
0 |
41.5% - 43.8% |
73 - 94 |
92 |
Outstanding portfolio (PHP) | PHP 2,774,974 |
Portfolio (USD) | USD 66,386.94 |
Active Clients with Loans | 540 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
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 | 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 | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Outstanding portfolio (KHR) | KHR 4,188,761,100 |
Portfolio (USD) | USD 1,060,445.85 |
Active Clients with Loans | 11,779 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 20% - 40% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | x |
Business training | x |
Other training | x |
Other | Social training ( health, nutrition, domestic violence, waste management) |
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 | 15 |
# Regions for this product | 15 |
Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, KepKratié, Phnom Penh, Pursat, Prey VengSiem Reap, Takéo |
Currency | PHP |
Minimum loan size | PHP 3,000 |
Maximum loan size | 28,000 |
Shortest loan term | 1.0 month |
Longest loan term | 6.0 months |
Approx average | 3.0 months |
Grace period usage | 0 |
Average grace period | 0 |
Daily | x |
Weekly | x |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | KHR |
Minimum loan size | KHR 1,200,000 |
Maximum loan size | 4,000,000 |
Loans less than KHR 1,000,000 | 0 |
KHR 1,000,000-3,500,000 | 100% |
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 | 5% |
Between 10 and 12 months | 5% |
Between 13 and 18 months | 90% |
Longer than 18 months | 0 |
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 | 40.00% |
Highest quoted nominal interest | 44.00% |
Reason(s) why interest rate varies | N/A |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Service Charge |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | |
Appears on Repayment Sched? | No |
Ins 1 | |
---|---|
Description | Credit Life 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 |
Ins 1 | |
---|---|
Description | Mutual Fund |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 10 |
Fixed amount - max | 10 |
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 | 0 |
or, Fixed-amount deposited | PHP 500 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | PHP 50 |
Conditions on access to deposit | Access During |
Minimum interest rate paid | 2.00% |
Maximum interest rate paid | 2.00% |
Interest payment frequency | Quarterly |
Are taxes charged on this product? | Yes |
Percentage of fees | 0 |
All or some fees taxed | N/A |
Lowest quoted nominal interest | 3.25% |
Highest quoted nominal interest | 3.25% |
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 | Processing Fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 4,000 |
Fixed amount - max | 80,000 |
Reason for variation | Loans <400,000 Pay KHR 4000. Loans > 400,000 = 2% of the loan. |
Appears on Repayment Sched? | 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 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | PHP 3,000 | PHP 8,000 | PHP 15,000 | PHP 27,000 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2011-05-15 | 2011-07-28 | 2011-06-27 | 2011-07-14 | |||
Loan Term (Months) | 5.6 months | 5.6 months | 5.6 months | 5.6 months | |||
Grace Period (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 | |||
True Price by Comp | |||||||
Interest and Fee Component | 92.4% | 84.6% | 83.4% | 83.4% | |||
Insurance Component | 34.0% | 15.8% | 10.6% | 7.9% | |||
Tax Component | 2.4% | 2.3% | 2.3% | 2.3% | |||
Deposit Component | 121.4% | 27.6% | 12.6% | 6.5% | |||
Full APR (int fee ins tax dep) | 250.2% | 130.3% | 109.0% | 100.2% | |||
Transparency Index | 16 | 31 | 37 | 40 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Loan Amount |
Type of Sample |
Disbursement Date |
Loan Term (Months) |
Grace Period (Months) |
Total Cost of Credit |
Full APR (int fee ins tax dep) |
True Price by Component |
Transparency Index |
Original Repayment Schedule |
MFT Pricing Calculation |
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest price component |
Fee Component |
Insurance Component |
Tax Component |
Deposit Component |
||||||||||
KHR 1,020,000 | Generated | 2015-01-01 | 8.9 months | N/A | KHR 181,820.82 | 43.8% | 38.4% | 5.4% | 0.0% | 0.0% | 0.0% | 89 | - | |
KHR 1,200,000 | Generated | 2015-01-01 | 11.9 months | N/A | KHR 272,424.66 | 42.7% | 38.4% | 4.3% | 0.0% | 0.0% | 0.0% | 91 | - | |
KHR 1,380,000 | Generated | 2015-01-01 | 17.9 months | N/A | KHR 448,002.19 | 41.5% | 38.4% | 3.1% | 0.0% | 0.0% | 0.0% | 94 | - | |
KHR 1,800,000 | Generated | 2015-01-01 | 17.9 months | N/A | KHR 584,350.68 | 41.5% | 38.4% | 3.1% | 0.0% | 0.0% | 0.0% | 94 | - | |
KHR 2,100,000 | Generated | 2015-01-01 | 17.9 months | N/A | KHR 681,742.47 | 41.5% | 38.4% | 3.1% | 0.0% | 0.0% | 0.0% | 94 | - | |
KHR 2,900,000 | Generated | 2015-01-01 | 17.9 months | N/A | KHR 941,453.88 | 41.5% | 38.4% | 3.1% | 0.0% | 0.0% | 0.0% | 94 | - | |
KHR 3,500,000 | Generated | 2015-01-01 | 17.9 months | N/A | KHR 1,136,237.44 | 41.5% | 38.4% | 3.1% | 0.0% | 0.0% | 0.0% | 94 | - |
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 ∞ |