| Number borrowers | 1,493 |
| Loan Amount (range) | PHP 3,000 - 150,000 |
| Loan Term (range) | 3 - 12 |
| Other Services (text summary) | Credit Ins, Business Training |
| Annual Interest & Method | 30.0%-36.0% annual, Flat |
| Fees | 200.00-0.00 upfront |
| Insurance | 9.75-495.00 upfront |
| Tax | None |
| Comp Dep | 100.00 upfront 5.00 ongoing |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 59.0% - 94.4% (Int+Fee) |
| Insurance Component | 0.6% - 5.1% |
| Tax Component Range | 0 - 5.2% |
| Full APR (int fee ins tax dep) | 61.0% - 104.9% |
| Transparency Index (min/max) | 21 - 55 |
| Transparency Index (average) | 41 |
| Outstanding portfolio (PHP) | PHP 13,840,000 |
| Portfolio (USD) | USD 331,100.48 |
| Active Clients with Loans | 1,493 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| 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 | |
| Credit insurance | x |
| Workplace visits | |
| Business training | x |
| 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 | x |
| Other | |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (BOB) | BOB 2,134,311.13 |
| Portfolio (USD) | USD 316,194.24 |
| Active Clients with Loans | 26 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 80% - 100% |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | x |
| Must be specific age group | |
| Other | Clientes con DPFs propios del Banco |
| Other (2) |
| # Regions for this institution | 9 |
| # Regions for this product | N/A |
| Regions Active |
| Currency | PHP |
| Minimum loan size | PHP 3,000 |
| Maximum loan size | 150,000 |
| Shortest loan term | 3.0 months |
| Longest loan term | 12.0 months |
| Approx average | 6.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments | x |
| Lowest quoted nominal interest | 30.00% |
| Highest quoted nominal interest | 36.00% |
| Reason(s) why interest rate varies | Time as Client, Client Risk |
| 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 | 0 |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 200 |
| Fixed amount - max | 0 |
| Reason for variation | |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Insurance |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 9.75 |
| Fixed amount - max | 495 |
| 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 100 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | PHP 5 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 2.00% |
| Maximum interest rate paid | 2.00% |
| Interest payment frequency | Annually |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | PHP 3,000 | PHP 8,000 | PHP 15,000 | PHP 30,000 | PHP 50,000 | PHP 90,000 | |||||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
| Disbursement Date | 2011-03-08 | 2011-04-28 | 2011-05-17 | 2011-07-19 | 2011-07-21 | 2011-05-15 | |||||
| Loan Term (Months) | 6.0 months | 6.0 months | 6.0 months | 12.0 months | 6.0 months | 6.0 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 | 94.4% | 80.6% | 61.1% | 59.0% | 71.4% | 59.2% | |||||
| Insurance Component | 1.1% | 2.5% | 1.7% | 0.6% | 1.4% | 1.9% | |||||
| Tax Component | 1.8% | 1.1% | 1.0% | 1.0% | 1.1% | 0.9% | |||||
| Deposit Component | 7.5% | 2.4% | 0.9% | 0.4% | 0.3% | 0.1% | |||||
| Full APR (int fee ins tax dep) | 104.9% | 86.7% | 64.8% | 61.0% | 74.3% | 62.2% | |||||
| Transparency Index | 29 | 35 | 46 | 49 | 40 | 48 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
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| 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 |
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