Outstanding portfolio (PHP) | PHP 17,900,000 |
Portfolio (USD) | USD 428,229.67 |
Active Clients with Loans | 5,000 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | x |
Village banking | x |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | x |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | |
Women | x |
Must run a business | x |
Must own a home or land | |
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 1,000 |
Maximum loan size | 150,000 |
Shortest loan term | 3.0 months |
Longest loan term | 36.0 months |
Approx average | 9.0 months |
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 |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Service Charge | Development Cost | |
% of loan amount - min | 3.00% | 5.00% | |
% of loan amount - max | 3.00% | 5.00% | |
OR, Fixed amount - min | 0 | 0 | |
Fixed amount - max | 0 | 0 | |
Reason for variation | amortized over the loan term | amortized over the loan term | |
Appears on Repayment Sched? | Yes | Yes |
Required for | Some |
Criteria | Only for clients who avail of loan over P30,000 with 10% maintaining balance based on the loan amount. |
Is deposit indicated on the repayment schedule? | Yes |
Do borrowers control deposit in their group? |
% loan amount deposited | 10.00% - N/A |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | Access During |
Minimum interest rate paid | 2.50% |
Maximum interest rate paid | 2.50% |
Interest payment frequency | Weekly |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | PHP 4,000 | PHP 15,000 | PHP 20,000 | PHP 20,000 | PHP 20,000 | PHP 25,000 | |||||
Loan Cycle (1, 2, 3, etc) | 1 | 1 | Not Known | 1 | 1 | 5 | |||||
Disbursement Date | 2011-08-25 | 2011-08-25 | 2011-08-25 | 2011-09-02 | 2011-09-02 | 2011-08-25 | |||||
Loan Term (Months) | 6.0 months | 12.0 months | 12.0 months | 12.0 months | 12.0 months | 12.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 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 | Not Known | Not Known | |||||
True Price by Comp | |||||||||||
Interest and Fee Component | 85.6% | 68.0% | 67.2% | 71.0% | 71.0% | 68.0% | |||||
Insurance Component | 0.0% | 4.8% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.4% | 2.5% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 85.9% | 75.3% | 67.2% | 71.0% | 71.0% | 68.0% | |||||
Transparency Index | 35 | 40 | 45 | 42 | 42 | 44 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
---|---|---|---|---|
AgroCapital | 21,900 | 16,894,000 | 11 | 169 |
ANED | 5,400 | 6,579,000 | 3 | 127 |
Banco FIE | 231,100 | 569,322,000 | 6 | 127 |
BancoSol | 215,300 | 861,418,000 | 30 | 127 |
CIDRE | 8,500 | 126,578,000 | 8 | 127 |
Coop Fatima | 6,300 | 44,280,000 | 7 | 169 |
CRECER | 166,900 | 134,626,000 | 13 | 127 |
Diaconia | 67,000 | 85,734,000 | 2 | 127 |
Ecofuturo | 59,200 | 226,839,000 | 5 | 127 |
EMPRENDER | 8,700 | 2,380,000 | 3 | 169 |
Fassil FFP | 57,600 | 325,081,000 | 5 | 127 |
FONCRESOL | 3,900 | 9,573,000 | 3 | 127 |
FONDECO | 14,200 | 24,274,000 | 3 | 127 |
Fortaleza | 20,100 | 164,530,000 | 13 | 127 |
FUBODE | 29,400 | 24,444,000 | 7 | 127 |
FUNBODEM | 8,600 | 15,798,000 | 9 | 127 |
IDEPRO | 10,400 | 40,479,000 | 2 | 127 |
IMPRO | 2,400 | 2,885,000 | 4 | 127 |
ProCredit | 84,300 | 257,487,000 | 8 | 169 |
PRODEM | 44,900 | 62,529,000 | 4 | 127 |
ProMujer BOL | 115,200 | 50,753,000 | 3 | 127 |
Sartawi | 14,600 | 26,842,000 | 8 | 127 |
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 |
---|---|---|---|---|---|---|---|
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
N (# of Samples) | ||||||
Total Borrrowers of Samples | ||||||
Avg | ||||||
Min | ||||||
Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |