2. CCT
Please note that the information you are viewing is 162 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. ProCredit
Please note that the information you are viewing is 175 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

CCT Credit Cooperative 5/F Joshua Center1428 Taft Avenue, ErmitaManila, NCR1000
Data approved: 2011-11-15
Data version: 1
Age of data: 162 months

Institution

Banco Los Andes ProCredit S.A. Av. Cristo Redentor No. 3730 entre 4 y 5 anilloSanta Cruz de la Sierra, Santa Cruz
Data approved: 2010-10-28
Data version: 1
Age of data: 175 months

Product

Regular Business Loan 4 months Product 3 of 4 « Prev | Next »

Product

Crédito Empresarial ME Product 3 of 8 « Prev | Next »

Product Summary

Number borrowers30,060
Loan Amount (range)PHP 4,000 - 50,000
Loan Term (range)3.5
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Values Development, Personal Counselling and Life Skills Training, Health Care
Annual Interest & Method37.6% annual, Flat
Fees2.00% upfront
InsuranceNone
TaxNone
Comp Dep20.0% upfront 50.00 ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component92.2% (Int+Fee)
Insurance Component0
Tax Component Range0
Full APR (int fee ins tax dep)139.9%
Transparency Index (min/max)8 - 32
Transparency Index (average)27

Product Summary

21,780
USD 100 - 1,050,000
4.9 - 60.9
Credit Ins, Business Training
5.0%-36.0% annual, Decl Bal
None
None
15.00% Principal
N/A
 
N/A
16.2% - 31.1% (Int+Fee)
0
0.0% - 0.9%
16.3% - 31.2%
16 - 83
22

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 164,394,434
Portfolio (USD)USD 3,932,881.20
Active Clients with Loans30,060
Approximate % Female Clients80% - 100%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Additional Capital for existing business
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other training
OtherValues Development, Personal Counselling and Life Skills Training
Other (2)Health Care
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried worker
Must be specific age group
OtherMust be community resident for at least 5 years
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (USD)USD 111,530,358
Portfolio (USD)USD 111,530,358
Active Clients with Loans21,780
Approximate % Female Clients40% - 60%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Serán sujetos de crédito las personas naturales o jurídicas de los segmentos muy pequeña, pequeña o\rmediana empresa, pertenecientes a los sectores comercio, producción, servicios o agropecuaria.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherNo ser parte del dirctorio ni ser ejecutivo del Banco
Other (2)Debe tener por lo menos 1 año de experiencia en el negocio que lleva adelante
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 4,000
Maximum loan size50,000
Loan Term and Grace Period
Shortest loan term3.5 months
Longest loan term3.5 months
Approx average3.5 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 100
Maximum loan size1,050,000
Loan Term and Grace Period
Shortest loan term4.9 months
Longest loan term60.9 months
Approx average39.0 months
Grace Period
Grace period usage10%
Average grace periodDK
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end paymentx
Irregular paymentsx

Pricing Information

Interest
Lowest quoted nominal interest3.13%
Highest quoted nominal interest3.13%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 50
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No
Additional Comments
Withdrawals are allowed beyond 2% retention rate. For periodic savings, P5 for loans below P1, and P1 for loans above P1. Borrowers are entitled to a Patronage Refund on interest paid based on the Cooperative 's financial standing for the fiscal year. This is declared every April of the following year.

Pricing Information

Interest
Lowest quoted nominal interest5.04%
Highest quoted nominal interest36.00%
Reason(s) why interest rate variesTime as Client, Loan Size, Client Risk
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termNo
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees0
All or some fees taxedN/A

Full Pricing Data

Regular Business Loan 4 months samples
Sample 1Sample 2Sample 3
Loan AmountPHP 8,000PHP 14,000PHP 50,000
Loan Cycle (1, 2, 3, etc)5610
Disbursement Date2011-07-262011-07-262011-07-25
Loan Term (Months)4.0 months4.0 months4.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component92.2%92.2%92.2%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component47.7%47.7%47.7%
Full APR (int fee ins tax dep)139.9%139.9%139.9%
Transparency Index272727
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Crédito Empresarial ME samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUSD 450USD 1,035.05USD 2,050USD 4,000USD 8,150USD 12,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2010-06-162010-06-182010-06-222010-06-192010-06-232010-06-19
Loan Term (Months)12.0 months15.0 months36.0 months36.0 months45.0 months80.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component20.5%26.1%23.7%20.3%16.2%31.1%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.3%0.2%0.1%0.1%0.1%0.1%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)20.8%26.3%23.8%20.4%16.3%31.2%
Transparency Index241921253116
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Regular Business Loan 4 months Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.CoopInstitution TypeBusinessLoan PurposeCCTInstitutionPH-013-V01-P03ProductPHCountry2011YearRange Number1Institution Data Version010,00020,00030,00040,00050,000Loan Size (all)0%50%100%150%Full APR (int fee ins tax dep)> 9,0006,7004,5002,200200Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Crédito Empresarial ME Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.OtherInstitution TypeAnyLoan PurposeProCreditInstitutionBO-004-V01-P03ProductBOCountry2010YearRange Number1Institution Data Version02,0004,0006,0008,00010,00012,000Loan Size (all)0%10%20%30%Full APR (int fee ins tax dep)> 4,3003,2002,1001,000100Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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