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
Institution
Data approved: 2011-11-15
Data version: 1
Age of data: 158 months
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 1986 |
Head of Institution | Angelo B. Solarte - OIC |
Regions active | |
# Branches | 99 |
Total Portfolio (nat'l) | PhP 1,052,841,254 |
Total Portfolio (USD) | USD 25,187,589.81 |
Active clients with loans | 212,959 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations | Opportunity International Network, Alliance for Philippine Partners in Enterprise Development (APPEND), Microfinance Council of the Philippines, Inc. (MCPI), Visayas Association of Microfinance Institutions |
Funders | OIKOCredit, Symbiotics SA, People's Credit and Finance Corporation (PCFC), National Livelihood Development Corporation (NLDC) |
6,341 Borrowers
USD 4,053,449.86 Portfolio
Active Product
206,618 Borrowers
USD 21,134,139.95 Portfolio
Active Product
Loan Products » Conditions
Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
OKEY |
|
PHP 10,000 - 50,000 |
|
3 - 6 |
|
60% - 80% |
|
40% - 60% |
|
Business, Other |
|
Women, Men, Have business |
|
Credit Ins, Business Training, Other Training |
PKK |
|
PHP 3,000 - 15,000 |
|
6 |
|
80% - 100% |
|
20% - 40% |
|
Business, Other |
|
Women, Have business |
|
Group Mtgs, Credit Ins, Business Training |
Loan Products » Pricing Information
Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
OKEY |
|
30.0% annual, Flat |
|
2 Fees |
|
1 Ins |
|
0.25% loan amt |
|
10.00% ongoing |
|
49.2% - 61.2% |
|
63% - 79% |
|
42 |
PKK |
|
41.6% annual, Flat |
|
1 Fee |
|
1 Ins |
|
0.25% loan amt |
|
150.00 upfront 1,500.00 ongoing |
|
71% - 87.1% |
|
97% - 157.2% |
|
36 |
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
Data approved: 2013-09-23
Data version: 2
Age of data: 130 months
This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months.
MFTransparency presents basic data rather than full data for low volume products
Key Statistics
Outstanding portfolio (BOB) | BOB 768,609 |
Portfolio (USD) | USD 113,868 |
Active Clients with Loans | 42 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 60% - 80% |
Description
Es un crédito para la compra de vehículo para fines multiples
Loan Purpose
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Activo Fijo |
Other (2) | |
Eligibility
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) | |
Portfolio Size by Product
Geographic Coverage
# Regions for this institution | 6 |
# Regions for this product | N/A |
Regions Active | |