| Institution Type | RurBank |
| Is this institution regulated? | Yes |
| Website address | http://www.firstmacrobank.com/ |
| Year established | 1960 |
| Head of Institution | Reggie Ocampo |
| Regions active | |
| # Branches | 8 |
| Total Portfolio (nat'l) | PhP 28,000,000 |
| Total Portfolio (USD) | USD 669,856.46 |
| Active clients with loans | 3,000 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | Rural Bankers Association of the Philippines, People's Credit and Finance Corporation |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sikap | PHP 5,000 - 15,000 | 5.8 | 80% - 100% | 40% - 60% | Business | Women, Must have net income of > P2000 per month | Credit Educ, Group Mtgs, Tech Asst Visits, Life insurance | |||||||
| Unlad | PHP 5,000 - 150,000 | 1 - 6 | 80% - 100% | 60% - 80% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sikap | 30.0% annual, Flat | 1 Fee | 1 Ins | 5.00% loan amt | 5.0% upfront 20.00 ongoing | 68.4% - 70.6% | 113.4% - 134.3% | 24 | ||||||||
| Unlad | 24.0%-36.0% annual, Flat | 2 Fees | 1 Ins | 0.50% loan amt | 10.00% ongoing | 77.5% - 85.5% | 92.7% - 102.3% | 25 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| ACLEDA | 235,200 | 215,086,000 | 6 | 170 |
| AMK | 288,200 | 63,784,000 | 16 | 142 |
| AMRET | 299,500 | 149,542,000 | 8 | 142 |
| Chamroeun | 48,100 | 7,480,000 | 4 | 122 |
| Farmer Finance | 200 | 407,000 | 1 | 142 |
| First Finance | 500 | 5,819,000 | 1 | 142 |
| HKL | 73,400 | 93,842,000 | 3 | 142 |
| KREDIT | 61,800 | 59,319,000 | 9 | 142 |
| Maxima | 2,900 | 3,179,000 | 3 | 142 |
| PRASAC | 138,500 | 251,931,000 | 9 | 142 |
| Seilanithih | 15,200 | 7,516,000 | 5 | 142 |
| SPN | 35,100 | 29,828,000 | 6 | 142 |
| TPC | 120,000 | 45,931,000 | 13 | 142 |
| VF Cambodia | 148,600 | 48,984,000 | 18 | 142 |
| Key Statistics | |
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| % Products with one or more insurances | |
| % Products with compulsory deposits |
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