Institution Type | RurBank |
Is this institution regulated? | Yes |
Website address | http://www.bangkokabayan.com/ |
Year established | 1960 |
Head of Institution | Teresa M. Ganzon |
Regions active | |
# Branches | 16 |
Total Portfolio (nat'l) | PhP 102,860,081 |
Total Portfolio (USD) | USD 2,460,767.49 |
Active clients with loans | 8,941 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 0% - 20% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Kabayan Loan | PHP 5,000 - 150,000 | 2 - 12 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business, Specific age group | Credit Ins | |||||||
Kapitan Loan | PHP 2,000 - 60,000 | 6 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Specific age group | Group Mtgs, Credit Ins, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Kabayan Loan | 24.0% annual, Flat | 2 Fees | 1 Ins | 0.50% loan amt | 2.0%-20.0% upfront 10.00% ongoing | 55% - 64.7% | 63.1% - 76.4% | 35 | ||||||||
Kapitan Loan | 30.0% annual, Flat | 1 Fee | 2 Ins | 0.50% loan amt | 160.00 upfront 12.50% ongoing | 59.1% - 60.5% | 67.9% - 72.3% | 42 |
Outstanding portfolio (PKR) | PKR 240,923,687 |
Portfolio (USD) | USD 2,365,870.61 |
Active Clients with Loans | 19,720 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 100% |
Individual | |
Solidarity group | |
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 | x |
Business training | x |
Other training | x |
Other | |
Other (2) | |
No other services |
Men | |
Women | x |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | 1 |
Regions Active | Sindh |
Currency | PKR |
Minimum loan size | PKR 10,000 |
Maximum loan size | 50,000 |
Loans less than PKR 10,000 | 20% |
PKR 10,000-25,000 | 70% |
PKR 25,000-50,000 | 10% |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 0 |
Greater than PKR 150,000 | 0 |
Shortest loan term | 12.0 months |
Longest loan term | 12.0 months |
Approx average | 12.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 100% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0.3 months |
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 | 20.00% |
Highest quoted nominal interest | 20.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
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 | 450 |
Fixed amount - max | 450 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Credit Insurance |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 150 |
Fixed amount - max | 150 |
Reason for variation | N/A |
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 |
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 |
||||||||||
PKR 10,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 2,605.48 | 26.6% | 19.8% | 5.1% | 1.7% | 0.0% | 0.0% | 75 | - | |
PKR 12,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 3,006.58 | 25.4% | 19.8% | 4.2% | 1.4% | 0.0% | 0.0% | 79 | - | |
PKR 15,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 3,608.22 | 24.3% | 19.8% | 3.4% | 1.1% | 0.0% | 0.0% | 82 | - | |
PKR 20,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 4,610.96 | 23.2% | 19.8% | 2.5% | 0.9% | 0.0% | 0.0% | 86 | - | |
PKR 30,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 6,616.44 | 22.0% | 19.8% | 1.7% | 0.5% | 0.0% | 0.0% | 91 | - | |
PKR 42,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 9,023.01 | 21.4% | 19.8% | 1.2% | 0.4% | 0.0% | 0.0% | 93 | - | |
PKR 50,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 10,627.40 | 21.2% | 19.8% | 1.0% | 0.4% | 0.0% | 0.0% | 95 | - | |
PKR 35,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 7,580.82 | 21.7% | 19.8% | 1.5% | 0.4% | 0.0% | 0.0% | 100 | - |
Key Statistics | |
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# Borrowers | |
Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
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