Institution

Kabalikat para sa Maunlad na Buhay, Inc. 12 San Francisco St.KaruhatanValenzuela City1441
Data approved: 2011-11-15
Data version: 1
Age of data: 158 months

Institution

Seilanithih Limted No. 35, St. 360Sangkat Boeung Keng Kang IKhan Chamkarmorn, Phnom Penh
Data approved: 2013-04-02
Data version: 3
Age of data: 139 months

Product

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Product

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Product Summary

Number borrowers245,017
Loan Amount (range)PHP 4,000 - 20,000
Loan Term (range)6
Other Services (text summary)Group Mtgs
Annual Interest & Method40.0% annual, Flat
Fees1.50% upfront
Insurance196.00-206.00 upfront
TaxNone
Comp Dep5.0% upfront 40.00 ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component85.7% - 93.8% (Int+Fee)
Insurance Component6.3% - 14.5%
Tax Component Range0
Full APR (int fee ins tax dep)107.7% - 135.2%
Transparency Index (min/max)30 - 37
Transparency Index (average)33

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 631,134,086
Portfolio (USD)USD 15,098,901.58
Active Clients with Loans245,017
Approximate % Female Clients80% - 100%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity group
Village banking
Self help group
OtherSolidarity group between 30 to 40 individuals.
Description
Group loan is an additional financial provision to all women microentrepreneurial poor. Minimum of 30, maximum of 40. Initial loan of Php4000 and maximum of Php20000 with an interest 3.33% per month.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Men
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

This institution provided data on this product on 2010-09-22 and the product was no longer active when they submitted data on 2013-04-02.

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 4,000
Maximum loan size20,000
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

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
DescriptionProcessing Fee
% of loan amount - min1.50%
% of loan amount - max1.50%
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
Ins 1
DescriptionMicroinsurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min196
Fixed amount - max206
Reason for variationN/A
Appears on Repayment Sched?No
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?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited5.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 40
Conditions on access to depositWhen Leaving
Interest Paid on Deposit
Minimum interest rate paid2.00%
Maximum interest rate paid2.00%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?No

Full Pricing Data

Group Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountPHP 7,000PHP 7,000PHP 13,000PHP 16,000
Loan Cycle (1, 2, 3, etc)6Not Known66
Disbursement Date2011-08-052011-09-012011-08-052011-09-01
Loan Term (Months)5.6 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 Component85.7%93.8%85.7%93.8%
Insurance Component13.1%14.5%7.0%6.3%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component22.5%26.9%15.0%15.9%
Full APR (int fee ins tax dep)121.3%135.2%107.7%116.0%
Transparency Index33303734
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Group Loan 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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