| Outstanding portfolio (PHP) | PHP 140,366,390 |
| Portfolio (USD) | USD 3,358,047.61 |
| Active Clients with Loans | 21,517 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 20% - 40% |
| Individual | |
| Solidarity group | |
| Village banking | x |
| Self help group | |
| Other | Modified Grameen |
| 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 | x |
| Workplace visits | |
| Business training | x |
| Other training | x |
| Other | Advocacy & scholarship program; Social Services |
| Other (2) | Spiritual & Formation Activities, Enterprise Development & Services, Calamity Relief Assistance |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| 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 | 2.0 months |
| Longest loan term | 10.0 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 | 2.00% |
| Highest quoted nominal interest | 2.00% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Service Fee |
| % of loan amount - min | 3.00% |
| % of loan amount - max | 3.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Loan Redemption Fee (MMF) |
| % of loan amount - min | 2.00% |
| % of loan amount - max | 3.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Life Insurance |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 20 |
| Fixed amount - max | 20 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| 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 10 |
| Conditions on access to deposit | When Leaving |
| Minimum interest rate paid | 4.00% |
| Maximum interest rate paid | 4.00% |
| Interest payment frequency | Quarterly |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | PHP 3,000 | PHP 7,000 | PHP 15,000 | PHP 30,000 | PHP 60,000 | PHP 100,000 | |||||
| Loan Cycle (1, 2, 3, etc) | 1 | 2 | Not Known | Not Known | Not Known | Not Known | |||||
| Disbursement Date | 2011-06-22 | 2011-06-30 | 2011-06-30 | 2011-06-23 | 2011-05-19 | 2011-06-23 | |||||
| Loan Term (Months) | 3.7 months | 5.6 months | 9.0 months | 8.0 months | 7.0 months | 10.0 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 | 67.6% | 63.3% | 57.4% | 60.2% | 61.9% | 57.7% | |||||
| Insurance Component | 75.9% | 37.1% | 18.7% | 17.5% | 15.8% | 10.9% | |||||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
| Deposit Component | 20.1% | 12.1% | 8.7% | 8.3% | 7.9% | 6.8% | |||||
| Full APR (int fee ins tax dep) | 163.5% | 112.5% | 84.8% | 86.1% | 85.6% | 75.4% | |||||
| Transparency Index | 15 | 21 | 28 | 28 | 28 | 32 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.seilanithih.com.kh/ |
| Year established | 1996 |
| Head of Institution | Mr. Sanjay Gandhi |
| Regions active | Banteay Meanchey, Battambang, Kampong Cham, Kandal, Phnom Penh, PursatSiem Reap |
| # Branches | 25 |
| Total Portfolio (nat'l) | KHR 26,884,090,059 |
| Total Portfolio (USD) | USD 6,806,098.75 |
| Active clients with loans | 11,502 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 0 |
| Network affiliations | CMA |
| Funders | CMI, CARD |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan (KHR) | KHR 400,000 - 2,400,000 | 1 - 24 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Have home or land | Credit Ins | |||||||
| Group Loan (THB) | THB 4,000 - 24,000 | 1 - 12 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business, Have home or land, Specific age group | Credit Ins | |||||||
| Individual Loan (THB) | THB 4,000 - 200,000 | 1 - 12 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business, Have home or land, Specific age group | Credit Ins | |||||||
| Individual Loan (KHR) | KHR 400,000 - 20,000,000 | 1 - 12 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business, Have home or land, Specific age group | ||||||||
| Individual Loan (USD) | USD 100 - 10,000 | 1 - 24 | 40% - 60% | 20% - 40% | Business | Women, Men, Have business, Have home or land, Specific age group |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan (KHR) | 36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 3.0% upfront | 36% | 37.1% | 97 | ||||||||
| Group Loan (THB) | 36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 3.0% upfront | 32.9% - 36% | 34.8% - 37.1% | 100 | ||||||||
| Individual Loan (THB) | 27.0%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 3.0% upfront | 27.1% - 36% | 28.7% - 37.1% | 88 | ||||||||
| Individual Loan (KHR) | 30.0%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 3.0% upfront | 30% - 36% | 31% - 37.1% | 85 | ||||||||
| Individual Loan (USD) | 27.0%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 3.0% upfront | 27.1% - 33.4% | 28.6% - 35.2% | 95 |
| Key Statistics | |
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| 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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