Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 1987 |
Head of Institution | Dr. Vicente R. Geducos, CPA |
Regions active | |
# Branches | 9 |
Total Portfolio (nat'l) | PhP 77,295,975.67 |
Total Portfolio (USD) | USD 1,849,186.02 |
Active clients with loans | 18,350 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | Opportunity International Network, Alliance for Philippine Partners in Enterprise Development (APPEND), Mindanao Microfinance Council (MMC), Philippine Partnership for the Development of Human Resources in Rural Areas (PhilDHRRA) |
Funders | OIKOCredit, People's Credit and Finance Corporation (PCFC), PinoyMe Foundation, Small Business Corporation (SBC) |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.gopportunity.net/ |
Year established | 2006 |
Head of Institution | Mr. James. A. Reiff |
Regions active | |
# Branches | 13 |
Total Portfolio (nat'l) | INR 280,000,000 |
Total Portfolio (USD) | USD 5,283,018.87 |
Active clients with loans | 65,000 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 40% - 60% |
Network affiliations |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | PHP 3,000 - 30,000 | 3 - 10 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Community Development Program | |||||||
Individual Loan | PHP 10,000 - 40,000 | 3 - 10 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Community Development Program |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | INR 12,000 - 20,000 | 12 - 24 | 80% - 100% | 0% - 20% | Business, Only for purchase of farm animals | Women | Group Mtgs, Other Training, Training from veterinarian, Health / Social Issue Training | |||||||
Rural Trust Bank | INR 3,000 - 15,000 | 6 - 12 | 80% - 100% | 0% - 20% | Business | Women, Have business | Group Mtgs, Tech Asst Visits, Business Training, Other Training, Health / Social Issue Training | |||||||
Student Loan | INR 3,000 - 5,000 | 12 | 80% - 100% | 60% - 80% | Business, Education | Women, Must have children of a qualified age in school, Must have completed one loan cycle with the MFI | Other Training, Scholarships are available, some reserved for top scorers and others reserved for female students | |||||||
Urban Trust Bank | INR 3,000 - 25,000 | 6 - 12 | 80% - 100% | 80% - 100% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Health / Social Issue Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | 36.0% annual, Flat | 1 Fee | 1 Ins | None | 5.0% upfront 40.00 ongoing | 80.6% - 93.1% | 94.6% - 216.6% | 27 | ||||||||
Individual Loan | 36.0% annual, Flat | 1 Fee | 1 Ins | None | 5.0% upfront | 84.5% - 85.9% | 99.6% - 108.9% | 34 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | 0% | 25.5% - 25.7% | 25.5% - 25.7% | N/A | ||||||||||
Rural Trust Bank | 0% | 30.4% - 39.3% | 30.4% - 39.3% | N/A | ||||||||||
Student Loan | 0% | 28.3% - 28.6% | 28.3% - 28.6% | N/A | ||||||||||
Urban Trust Bank | 0% | 29.2% - 42.3% | 29.2% - 42.3% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | 12.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 25.5% - 25.7% | 25.5% - 25.7% | 47 | ||||||||
Rural Trust Bank | 12.0%-15.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 30.4% - 39.3% | 30.4% - 39.3% | 34 | ||||||||
Student Loan | 15.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 28.3% - 28.6% | 28.3% - 28.6% | 52 | ||||||||
Urban Trust Bank | 12.0%-15.5% annual, Flat | 1 Fee | 1 Ins | None | N/A | 29.2% - 42.3% | 29.2% - 42.3% | 33 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | 36.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 5.0% upfront 40.00 ongoing | 80.6% - 93.1% | 94.6% - 216.6% | 27 | ||||||||
Individual Loan | 36.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 5.0% upfront | 84.5% - 85.9% | 99.6% - 108.9% | 34 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | 0% | 25.5% - 25.7% | 25.5% - 25.7% | N/A | ||||||||||
Rural Trust Bank | 0% | 30.4% - 39.3% | 30.4% - 39.3% | N/A | ||||||||||
Student Loan | 0% | 28.3% - 28.6% | 28.3% - 28.6% | N/A | ||||||||||
Urban Trust Bank | 0% | 29.2% - 42.3% | 29.2% - 42.3% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | 12.0% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 25.5% - 25.7% | 25.5% - 25.7% | 47 | ||||||||
Rural Trust Bank | 12.0%-15.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 30.4% - 39.3% | 30.4% - 39.3% | 34 | ||||||||
Student Loan | 15.0% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 28.3% - 28.6% | 28.3% - 28.6% | 52 | ||||||||
Urban Trust Bank | 12.0%-15.5% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 29.2% - 42.3% | 29.2% - 42.3% | 33 |
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