Kasagana-Ka Development Center, Inc. - K-Edukasyon - MFTransparency.org Truth In Lending Tables

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Institution

Kasagana-Ka Development Center, Inc. 5 Don Francisco Street., Don Enrique HeightsCommonwealth Ave., Bgy. Holy SpiritQuezon City, NCR1127

Data approved: 2011-11-15

Data version: 1

Age of data: 162 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (PHP)	PHP 3,967,152
Portfolio (USD)	USD 94,907.94
Active Clients with Loans	2,039
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other	Borrower needs 2 co-makers as guarantors

Description

This product aims to help a member cover his/her child's or relative's education-related expenses, such as tuition fee and school supplies

Loan Purpose

Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education	x
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings	x
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land	x
Must be a salaried worker
Must be specific age group
Other	Has an existing K-Negosyo loan
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	PHP
Minimum loan size	PHP 3,000
Maximum loan size	15,000

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	6.0 months
Approx average	3.0 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly	x
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 interest	2.50%
Highest quoted nominal interest	2.50%
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Additional Comments

Scholarships provided to deserving children of members.

Full Pricing Data

K-Edukasyon samples

	Sample 1	Sample 2	Sample 3
Loan Amount	PHP 3,000	PHP 5,000	PHP 15,000
Loan Cycle (1, 2, 3, etc)	3	4	9
Disbursement Date	2011-03-17	2011-03-24	2011-03-17
Loan Term (Months)	3.5 months	5.8 months	3.5 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	57.2%	58.3%	57.2%
Insurance Component	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	57.2%	58.3%	57.2%
Transparency Index	52	51	52

Original Repayment Schedule	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF

K-Edukasyon Price Graphs

Loan Size/

Loan Term/

Custom

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
ACLEDA	235,200	215,086,000	6	171
AMK	288,200	63,784,000	16	143
AMRET	299,500	149,542,000	8	143
Chamroeun	48,100	7,480,000	4	123
Farmer Finance	200	407,000	1	143
First Finance	500	5,819,000	1	143
HKL	73,400	93,842,000	3	143
KREDIT	61,800	59,319,000	9	143
Maxima	2,900	3,179,000	3	143
PRASAC	138,500	251,931,000	9	143
Seilanithih	15,200	7,516,000	5	143
SPN	35,100	29,828,000	6	143
TPC	120,000	45,931,000	13	143
VF Cambodia	148,600	48,984,000	18	143

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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Total Borrrowers of Samples


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