2. CEV
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. AgroCapital
Please note that the information you are viewing is 171 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Community Economic Ventures, Inc. Sarabia-Co-Torralba Bldg. 2 , Espeulas St.Tagbilaran, Bohol6300
Data approved: 2011-11-15
Data version: 1
Age of data: 158 months

Institution

Fundación Agrocapital Calle Nataniel Aguirre No. S-669Cochabamba, Cercado5901
Data approved: 2010-10-28
Data version: 1
Age of data: 171 months

Product

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Product

Plan Microcrédito II (No Secuencial) Product 10 of 11 « Prev | Next »

Product Summary

Number borrowers886
Loan Amount (range)PHP 31,000 - 150,000
Loan Term (range)12 - 24
Other Services (text summary)Credit Educ, Group Mtgs
Annual Interest & Method30.0% annual, Flat
Fees2.50% upfront 20.00 ongoing
Insurance875.00-3,750.00 upfront
TaxNone
Comp Dep20.0% upfront 200.00 ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component58.9% - 68.6% (Int+Fee)
Insurance Component0.9% - 44.8%
Tax Component Range0.0% - 0
Full APR (int fee ins tax dep)69.1% - 115.5%
Transparency Index (min/max)15 - 49
Transparency Index (average)35

Product Summary

95
BOB 5,000 - 71,000
12 - 60
Credit Ins
24.5%-32.0% annual, Decl Bal
5.00% upfront 5.00% ongoing
None
None
N/A
 
N/A
30.0% - 33.3% (Int+Fee)
0 - 0.6%
0 - 0.4%
30.0% - 33.3%
0 - N/A
76

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 3,008,874
Portfolio (USD)USD 71,982.63
Active Clients with Loans886
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This type of product is created to provide CEVI existing and new clients a greater access to microfinance services. The loan product is assessed based on repayment capacity through cash flow analysis.
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 visits
Business training
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
Other
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 (BOB)BOB 1,387,040.90
Portfolio (USD)USD 205,487.54
Active Clients with Loans95
Approximate % Female Clients40% - 60%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Producto crediticio orientado a atender la demanda de Clientes nuevos y antiguos que requieren financiamiento por montos mayores a los contemplados en la escala del Plan Microcrédito I.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
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
OtherBuenos antecedentes personales y crediticios. Actividad económica y financieramente viable.
Other (2)
# 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 31,000
Maximum loan size150,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term24.0 months
Approx average0
Grace Period
Grace period usage100%
Average grace period0.5 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyBOB
Minimum loan sizeBOB 5,000
Maximum loan size71,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term60.0 months
Approx average31.3 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest2.50%
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 - min2.50%
% of loan amount - max2.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Fees
Fee 1
DescriptionClient Training Fund
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min20
Fixed amount - max20
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
Ins 1
DescriptionTASAKA
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min875
Fixed amount - max3,750
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
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 200
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
If first loan cycle, Pre-CBU amount is P2. For succeeding loan cycles, as long as no withdrawals, no minimum CBU amount required. If with withdrawal, 2% of loan amount must be maintained. Member is allowed 2 withdrawals per month, as long as CBU does not go below 2% of principal loan amount. The Client Training Fund is used as client counterpart for their capacity building.

Pricing Information

Interest
Lowest quoted nominal interest24.50%
Highest quoted nominal interest32.00%
Reason(s) why interest rate variesLoan Size, Client Risk
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min5.00%
% of loan amount - max5.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min5.00%
% of loan amount - max5.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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

Asenso Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountPHP 35,000PHP 50,000PHP 70,000PHP 150,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-05-312011-05-172011-05-242011-03-11
Loan Term (Months)12.0 months12.0 months12.0 months12.0 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 Component68.6%62.9%64.8%58.9%
Insurance Component7.9%2.5%3.7%0.9%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component39.1%3.8%13.6%27.4%
Full APR (int fee ins tax dep)115.5%69.1%82.1%87.2%
Transparency Index26433734
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Plan Microcrédito II (No Secuencial) samples
Sample 1Sample 2Sample 3
Loan AmountBOB 9,758BOB 15,000BOB 28,000
Loan Cycle (1, 2, 3, etc)214
Disbursement Date2010-05-152010-04-282010-05-21
Loan Term (Months)30.0 months18.0 months36.0 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 Component33.3%33.0%30.0%
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)33.3%33.0%30.0%
Transparency Index747482
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Asenso Loan Price Graphs


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Plan Microcrédito II (No Secuencial) 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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