| Outstanding portfolio (PHP) | PHP 32,000,000 |
| Portfolio (USD) | USD 765,550.24 |
| Active Clients with Loans | 6,800 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 20% - 40% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | x |
| Business training | x |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | x |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | PHP |
| Minimum loan size | PHP 15,000 |
| Maximum loan size | 29,000 |
| Shortest loan term | 3.0 months |
| Longest loan term | 12.0 months |
| Approx average | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| 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 |
| 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 |
| Ins 1 | |
|---|---|
| Description | Loan Redemption Fee |
| % of loan amount - min | 2.50% |
| % of loan amount - max | 2.50% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/a |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | |
| Do borrowers control deposit in their group? |
| % loan amount deposited | 5.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | PHP 50 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 4.00% |
| Maximum interest rate paid | 5.00% |
| Interest payment frequency | Quarterly |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | PHP 15,000 | PHP 16,000 | PHP 27,000 | PHP 29,000 | |||
| Loan Cycle (1, 2, 3, etc) | 10 | 3 | 14 | 14 | |||
| Disbursement Date | 2011-07-21 | 2011-07-19 | 2011-07-07 | 2011-07-11 | |||
| Loan Term (Months) | 2.8 months | 5.4 months | 5.4 months | 6.0 months | |||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||
| Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | |||
| True Price by Comp | |||||||
| Interest and Fee Component | 61.8% | 62.5% | 63.2% | 62.5% | |||
| Insurance Component | 22.1% | 11.7% | 11.9% | 11.7% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 11.2% | 11.4% | 9.6% | 9.2% | |||
| Full APR (int fee ins tax dep) | 95.1% | 85.5% | 84.7% | 83.3% | |||
| Transparency Index | 32 | 35 | 35 | 36 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.maxima.com.kh/ |
| Year established | 2000 |
| Head of Institution | UONG Kimseng |
| Regions active | Kandal, Phnom Penh |
| # Branches | 7 |
| Total Portfolio (nat'l) | KHR 13,000,000,000 |
| Total Portfolio (USD) | USD 3,291,139.24 |
| Active clients with loans | 2,939 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Mix Market, Cambodia Microfinance Association, Credit Bureau of Cambodia |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Individual Loans | USD 50 - 1,450 | 12 - 24 | 60% - 80% | 0% - 20% | Business, Housing, Consumer, Education | Women, Men, Have business, Have home or land, Salaried worker | Credit Educ, Group Mtgs | |||||||
| SMEs Loans | USD 1,500 - 27,000 | 12 - 30 | 60% - 80% | 0% - 20% | Business, Housing, Consumer, Education | Women, Men, Have business, Have home or land, Salaried worker | Credit Educ, Group Mtgs |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Individual Loans | 22.8%-33.6% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 28.3% - 34.6% | 28.3% - 34.6% | 70 | ||||||||
| SMEs Loans | 22.8%-28.8% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 21.5% - 22.5% | 21.5% - 22.5% | 100 |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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