2. CCT
Please note that the information you are viewing is 158 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. HKL
Please note that the information you are viewing is 139 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: 158 months

Institution

Hattha Kaksekar Limited No 606, st 271,Sangkat Phsar Deum Thkouv, Khan ChamkamornPhnom Penh, CambodiaPO Box 855
Data approved: 2013-03-20
Data version: 3
Age of data: 139 months
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Product

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Product

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Product Summary

Number borrowers40,100
Loan Amount (range)PHP 11,000 - 50,000
Loan Term (range)6
Other Services (text summary)Credit Educ, Group Mtgs, Tech Asst Visits, Values Development, Personal Counselling and Life Skills Training, Business mentoring
Annual Interest & Method40.0% annual, Flat
Fees2.00% upfront
InsuranceNone
TaxNone
Comp Dep20.0% upfront 100.00 ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component87.6% (Int+Fee)
Insurance Component0
Tax Component Range0
Full APR (int fee ins tax dep)131.3% - 131.4%
Transparency Index (min/max)8 - 32
Transparency Index (average)30

Product Summary

26,825
USD 1,001 - 2,500
3 - 24
22.8%-33.6% annual, Decl Bal
None
None
None
N/A
 
21.4% - 34.8%
0
0
0
24.1% - 32.4%
70 - 101
82

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 221,374,459
Portfolio (USD)USD 5,296,039.69
Active Clients with Loans40,100
Approximate % Female Clients80% - 100%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
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 insurance
Workplace visitsx
Business training
Other training
OtherValues Development, Personal Counselling and Life Skills Training
Other (2)Business mentoring
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 34,112,203.10
Portfolio (USD)USD 34,112,203.10
Active Clients with Loans26,825
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Small Loan product ranges between USD $1,000 - USD $2,500 loan sizes.
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loanx
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried workerx
Must be specific age groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution24
# Regions for this product24
Regions ActiveBanteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh Kong, KepKratié, Mondulkiri , Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey Veng, RatanakiriSiem Reap, Stung Treng, Svay Rieng, Takéo

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 11,000
Maximum loan size50,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term6.0 months
Approx average6.0 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 1,001
Maximum loan size2,500
Distribution at Disbursement (Est.)
Loans less than USD 2500
USD 250-1,0000
USD 1,000-1,50030%
USD 1,500-2,00040%
USD 2,000-2,50030%
Greater than USD 2,50030%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx average13.5 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months20%
Between 7 and 9 months20%
Between 10 and 12 months20%
Between 13 and 18 months20%
Longer than 18 months20%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 monthsx
Every 12 months
Single end payment
Irregular paymentsx

Pricing Information

Interest
Lowest quoted nominal interest3.33%
Highest quoted nominal interest3.33%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Fee
% 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 100
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. Members are entitle to a Patronage Refund which is determined annually based on the financial performance of the Cooperative and declared every April of the succeeding year.

Pricing Information

Interest
Lowest quoted nominal interest1.90%
Highest quoted nominal interest2.80%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose, High credit risk level = higher interest rate
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
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?No

Full Pricing Data

Regular Business Loan 6 months samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountPHP 16,000PHP 27,000PHP 30,000PHP 30,000
Loan Cycle (1, 2, 3, etc)6131010
Disbursement Date2011-08-012011-08-022011-07-132011-06-20
Loan Term (Months)6.0 months6.0 months6.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component87.6%87.6%87.6%87.6%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component43.7%43.7%43.7%43.8%
Full APR (int fee ins tax dep)131.4%131.4%131.3%131.4%
Transparency Index30303030
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Small Loans samples
Sample 1Sample 2Sample 3
Loan AmountUSD 1,200USD 1,700USD 2,300
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-03-112013-03-122013-02-20
Loan Term (Months)15.0 months24.0 months24.0 months
Grace Period (Months)0.3 months0.0 months-0.1 months
Total Cost of CreditUSD 272.03USD 431.88USD 667.75
True Price by Comp     
Interest price component32.4%24.1%27.7%
Fee Component0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)32.4%24.1%27.7%
Transparency Index709582
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Regular Business Loan 6 months Price Graphs


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Small Loans Price Graphs


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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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