Number borrowers | 280 |
Loan Amount (range) | PHP 2,000 - 6,000 |
Loan Term (range) | 6 |
Other Services (text summary) | Credit Ins |
Annual Interest & Method | 24.0% annual, Flat |
Fees | 200.00-0.00 upfront |
Insurance | 39.00 upfront |
Tax | 30.00 fixed |
Comp Dep | 100.00 upfront 3.00% ongoing |
Range of pricing | |
Interest Price Component | N/A |
Fee Component | 78.4% - 80.9% (Int+Fee) |
Insurance Component | 0.6% - 5.1% |
Tax Component Range | 0 - 5.2% |
Full APR (int fee ins tax dep) | 105.4% - 114.1% |
Transparency Index (min/max) | 21 - 55 |
Transparency Index (average) | 21 |
404 |
USD 150 - 5,000 |
3 - 48 |
21.6%-30.0% annual, Decl Bal |
0.20-2.90 upfront |
None |
None |
N/A |
21.7% - 37.1% |
0 - 1.6% |
0 |
0 |
21.8% - 31.7% |
68 - 99 |
87 |
Outstanding portfolio (PHP) | PHP 967,000 |
Portfolio (USD) | USD 23,133.97 |
Active Clients with Loans | 280 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 60% - 80% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | x |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
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 | x |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Outstanding portfolio (USD) | USD 577,938 |
Portfolio (USD) | USD 577,938 |
Active Clients with Loans | 404 |
Approximate % Female Clients | 80% - 100% |
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 | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
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 | 13 |
# Regions for this product | 6 |
Regions Active | Battambang, Kampong Cham, Kandal, Phnom Penh, Svay Rieng, Takéo |
Currency | PHP |
Minimum loan size | PHP 2,000 |
Maximum loan size | 6,000 |
Shortest loan term | 6.0 months |
Longest loan term | 6.0 months |
Approx average | 6.0 months |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | x |
Every 2 weeks | |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | USD |
Minimum loan size | USD 150 |
Maximum loan size | 5,000 |
Loans less than USD 250 | 5% |
USD 250-1,000 | 30% |
USD 1,000-1,500 | 20% |
USD 1,500-2,000 | 20% |
USD 2,000-2,500 | 5% |
Greater than USD 2,500 | 5% |
Shortest loan term | 3.0 months |
Longest loan term | 48.0 months |
Approx average | 29.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 10% |
Between 10 and 12 months | 10% |
Between 13 and 18 months | 80% |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
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 | 2.00% |
Highest quoted nominal interest | 2.00% |
Reason(s) why interest rate varies | HO Deposit |
Interest rate period | Monthly |
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 | 39 |
Fixed amount - max | 39 |
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 | 3.00% |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | Access During |
Minimum interest rate paid | 1.00% |
Maximum interest rate paid | 3.00% |
Interest payment frequency | Annually |
Are taxes charged on this product? | Yes |
Percentage of fees | 0 |
All or some fees taxed | N/A |
Lowest quoted nominal interest | 1.80% |
Highest quoted nominal interest | 2.50% |
Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Client Risk, Collateral, 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 |
Fee 1 | |
---|---|
Description | Credit Bureau Cambodia - CBC fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 0.20 |
Fixed amount - max | 2.90 |
Reason for variation | Charge 800KHR/0.19USD for loan size <2,000,000 KHR/482USD. Charge 12,000 KHR/2.9USD for > 2,000,000 KHR |
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 | |||
---|---|---|---|---|---|
Loan Amount | PHP 3,000 | PHP 3,000 | PHP 6,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2011-02-22 | 2011-02-22 | 2010-12-03 | ||
Loan Term (Months) | 6.0 months | 6.0 months | 6.0 months | ||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
Total Cost of Credit | Not Known | Not Known | Not Known | ||
True Price by Comp | |||||
Interest and Fee Component | 80.9% | 80.9% | 78.4% | ||
Insurance Component | 5.1% | 5.1% | 4.9% | ||
Tax Component | 5.2% | 5.2% | 5.0% | ||
Deposit Component | 22.9% | 22.9% | 17.1% | ||
Full APR (int fee ins tax dep) | 114.1% | 114.1% | 105.4% | ||
Transparency Index | 21 | 21 | 23 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | USD 300 | USD 600 | USD 1,700 | USD 2,500 | USD 3,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2013-01-22 | 2013-02-19 | 2013-01-31 | 2013-02-19 | 2013-02-27 | ||||
Loan Term (Months) | 15.0 months | 24.0 months | 36.0 months | 37.0 months | 36.0 months | ||||
Grace Period (Months) | -0.2 months | -0.3 months | -0.5 months | 0.0 months | -0.4 months | ||||
Total Cost of Credit | USD 64.69 | USD 183.22 | USD 642.53 | USD 939.76 | USD 1,086.42 | ||||
True Price by Comp | |||||||||
Interest price component | 30.1% | 27.1% | 22.9% | 21.7% | 21.7% | ||||
Fee Component | 1.6% | 0.5% | 0.1% | 0.1% | 0.1% | ||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Full APR (int fee ins tax dep) | 31.7% | 27.6% | 23.0% | 21.8% | 21.8% | ||||
Transparency Index | 68 | 78 | 94 | 99 | 99 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
Key Statistics | |
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# 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 |
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