2. Mallig Plains
Please note that the information you are viewing is 158 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. FUBODE
Please note that the information you are viewing is 130 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Mallig Plains Rural Bank (Isabela), Inc. CentroMallig, Isabela3323
Data approved: 2011-11-15
Data version: 1
Age of data: 158 months

Institution

Fundación Boliviana Para el Desarrollo Calle Antezana No 216 entre Colombia, CercadoCochabamba, Bolivia
Data approved: 2013-08-20
Data version: 2
Age of data: 130 months
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Product Summary

Number borrowers765
Loan Amount (range)PHP 5,000 - 100,000
Loan Term (range)3 - 12
Other Services (text summary)Tech Asst Visits, Business Training
Annual Interest & Method30.0% annual, Flat
Fees12.00% upfront 100.00 upfront
Insurance0.70%-1.30% upfront
Tax5.00% loan amt
Comp Dep5.00% ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component81.2% - 86.8% (Int+Fee)
Insurance Component3.1% - 3.6%
Tax Component Range5.2% - 6.4%
Full APR (int fee ins tax dep)103.0% - 137.3%
Transparency Index (min/max)22 - 29
Transparency Index (average)25

Product Summary

218
BOB 1,500 - 8,000
6 - 24
Credit Ins
30.0%-32.0% annual, Decl Bal
None
0.24%-0.96% ongoing
None
N/A
 
19.8% - 36.7%
0 - 1.5%
0 - 0.5%
0
32.0% - 33.7%
52 - 94
91

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 10,800,000
Portfolio (USD)USD 258,373.21
Active Clients with Loans765
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Credit extended to clients for use as working capital in their microenterprises. Uses individual lending methodology.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visitsx
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
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

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 823,843
Portfolio (USD)USD 122,050.81
Active Clients with Loans218
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Modalidad de crédito direccionada a la provision de financiamiento de libre disponibilidad para microempresarios y asalariados
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
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 institution6
# Regions for this product6
Regions ActiveChuquisaca , Cochabamba , Oruro , Potosí, Santa Cruz, Tarija

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 5,000
Maximum loan size100,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyBOB
Minimum loan sizeBOB 1,500
Maximum loan size8,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,000100%
BOB 10,000-40,0000
BOB 40,000-70,0000
BOB 70,000-100,0000
BOB 100,000-125,0000
Greater than BOB 125,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term24.0 months
Approx average15.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months5%
Between 10 and 12 months30%
Between 13 and 18 months60%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 monthsx
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest30.00%
Highest quoted nominal interest30.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionService Fee (per annum)Notarial Fee
% of loan amount - min12.00%0
% of loan amount - max12.00%0
OR, Fixed amount - min0100
Fixed amount - max0100
Reason for variationN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionLife Insurance
% of loan amount - min0.70%
% of loan amount - max1.30%
OR, Fixed amount - min0
Fixed amount - max0
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?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited5.00% - N/A
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0.50%
Maximum interest rate paid0.50%
Interest payment frequencyQuarterly
Taxes
Are taxes charged on this product?Yes
Percentage of fees0
All or some fees taxedN/A
Additional Comments
Doc Stamps = (Loan amount / 2) x loan term (in years). Life insurance = Loan amount x .7 (for 6 month term); .8 for 7 month term. GRT = 5% of interest and service fees

Pricing Information

Interest
Lowest quoted nominal interest30.00%
Highest quoted nominal interest32.00%
Reason(s) why interest rate variesLoan Size, Collateral, Loan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
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
Ins 1
DescriptionEl Cliente Seguro de Vida
% of loan amount - min0.24%
% of loan amount - max0.96%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationLa comisión es 0.04% mensual cargado sólo al saldo del préstamo pendiente.
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Masipag Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountPHP 8,000PHP 15,000PHP 30,000PHP 40,000PHP 85,000
Loan Cycle (1, 2, 3, etc)13225
Disbursement Date2011-03-292011-07-222010-12-082011-05-312011-06-28
Loan Term (Months)5.7 months5.5 months11.3 months3.8 months5.6 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component86.8%86.1%83.9%81.2%81.8%
Insurance Component3.3%3.5%3.6%3.3%3.3%
Tax Component5.9%6.0%6.4%5.5%5.9%
Deposit Component21.6%22.9%43.4%13.0%20.8%
Full APR (int fee ins tax dep)117.6%118.5%137.3%103.0%111.9%
Transparency Index2625222927
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Consumo samples
Sample 1Sample 2Sample 3
Loan AmountBOB 4,000BOB 5,000BOB 8,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-11-162013-11-102013-12-09
Loan Term (Months)8.0 months12.0 months15.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditBOB 497.29BOB 953.53BOB 1,944.41
True Price by Comp     
Interest price component31.5%32.7%33.3%
Fee Component0.0%0.0%0.0%
Insurance Component0.5%0.4%0.4%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)32.0%33.1%33.7%
Transparency Index949189
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
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Key Statistics
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# 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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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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