2. CEV
Please note that the information you are viewing is 160 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: 160 months

Product

BABE Loan Product 2 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 640,000
Portfolio (USD)USD 15,311
Active Clients with Loans100
Approximate % Female Clients60% - 80%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
The loan is for agricultural micro-entrepreneurs and farmers from ABK-assisted areas of World Vision Devt. Foundation providing financial assistance for Hog Fattening, Sow and Boar, Feeds and Supplements.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
OtherHog-raising
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

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 10,000
Maximum loan size10,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term5.0 months
Approx average4.0 months
Grace Period
Grace period usage100%
Average grace period1.0 month
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
DescriptionLoan Fee
% of loan amount - min4.00%
% of loan amount - max4.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionTASAKA
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min340
Fixed amount - max340
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 frequencyAnnually
Taxes
Are taxes charged on this product?No
Additional Comments
A pre-CBU of Php 2 is required on the first loan cycle and a minimum of Php 5 CBU is required. Maintaining balance is 2% of the loan amount. For World Vision Development Foundation-Area Development Project (ADP) served clients, of the Php 5, Php 3 would be the CBU and Php 2 for educational fund.

Full Pricing Data

BABE Loan samples
Sample 1Sample 2Sample 3
Loan AmountPHP 10,740PHP 10,740PHP 10,740
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-06-062011-06-062011-06-06
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 Component44.7%44.7%44.7%
Insurance Component12.2%12.2%12.2%
Tax Component0.0%0.0%0.0%
Deposit Component14.1%14.1%14.1%
Full APR (int fee ins tax dep)71.1%71.1%71.1%
Transparency Index424242
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
BABE Loan Price Graphs


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  2. Credible
Please note that the information you are viewing is 173 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Credible Microfinance Pvt Ltd DanipaliBudharajaSambalpur, Orissa768004
Data approved: 2010-10-25
Data version: 1
Age of data: 173 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.crediblemicrofinance.com/
Year established2008
Head of InstitutionMr. Khirod Chandra Malick
Regions active
# Branches21

Total Portfolio (nat'l)INR 88,485,639
Total Portfolio (USD)USD 1,669,540.36
Active clients with loans10,093
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliations

Loan Products » Summary

Agri-allied
3,492 Borrowers
USD 577,660.96 Portfolio
Active Product
IGL
6,601 Borrowers
USD 1,091,879.40 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agri-allied INR 2,500 - 20,000 8 - 15 80% - 100% 0% - 20% Business, Housing Women Group Mtgs
Income Generation Activities INR 5,000 - 30,000 8 - 18 80% - 100% 40% - 60% Business, Housing Women, Have business Credit Educ, Group Mtgs

Loan Products » MFIN India Additional Information

Product Name APR (int) MFIN MFI Earning (Annualised) MFIN Cost to Borrower (Annualised) COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM MFIN Transparency Index
Agri-allied 0% 24.2% - 25.1% 24.2% - 25.1% N/A
Income Generation Activities 0% 23.6% - 24.2% 23.6% - 24.2% N/A
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Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agri-allied 20.0% annual, Decl Bal 2 Fees 0 Ins None N/A 24.2% - 25.1% 24.2% - 25.1% 80
Income Generation Activities 20.0% annual, Decl Bal 2 Fees 0 Ins None N/A 23.6% - 24.2% 23.6% - 24.2% 83
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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
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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