| Number borrowers | 10,443 |
| Loan Amount (range) | PHP 10,000 - 10,000 |
| Loan Term (range) | 4.1 |
| Other Services (text summary) | Group Mtgs |
| Annual Interest & Method | 36.0% annual, Flat |
| Fees | None |
| Insurance | 10.00% ongoing |
| Tax | None |
| Comp Dep | 5.0% upfront |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 36.2% (Int+Fee) |
| Insurance Component | 0 - 13.8% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 37.9% |
| Transparency Index (min/max) | 32 - 95 |
| Transparency Index (average) | 95 |
| 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 |
| Outstanding portfolio (PHP) | PHP 89,428,379.10 |
| Portfolio (USD) | USD 2,139,434.91 |
| Active Clients with Loans | 10,443 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 40% - 60% |
| 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 | Purchase of livestock |
| Other (2) |
| Credit education | |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| 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 | Must be a member of TSPI Kabuhayan Program |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (BOB) | BOB 823,843 |
| Portfolio (USD) | USD 122,050.81 |
| Active Clients with Loans | 218 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 40% - 60% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| 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 | 6 |
| # Regions for this product | 6 |
| Regions Active | Chuquisaca , Cochabamba , Oruro , Potosí, Santa Cruz, Tarija |
| Currency | PHP |
| Minimum loan size | PHP 10,000 |
| Maximum loan size | 10,000 |
| Shortest loan term | 4.1 months |
| Longest loan term | 4.1 months |
| Approx average | 4.1 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | x |
| Irregular payments |
| Currency | BOB |
| Minimum loan size | BOB 1,500 |
| Maximum loan size | 8,000 |
| Loans less than BOB 10,000 | 100% |
| BOB 10,000-40,000 | 0 |
| BOB 40,000-70,000 | 0 |
| BOB 70,000-100,000 | 0 |
| BOB 100,000-125,000 | 0 |
| Greater than BOB 125,000 | 0 |
| Shortest loan term | 6.0 months |
| Longest loan term | 24.0 months |
| Approx average | 15.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 5% |
| Between 7 and 9 months | 5% |
| Between 10 and 12 months | 30% |
| Between 13 and 18 months | 60% |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | x |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 3.00% |
| Highest quoted nominal interest | 3.00% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Ins 1 | |
|---|---|
| Description | Life Insurance |
| % of loan amount - min | 10.00% |
| % of loan amount - max | 10.00% |
| 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 | 0 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 5.00% |
| Maximum interest rate paid | 5.00% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
| Lowest quoted nominal interest | 30.00% |
| Highest quoted nominal interest | 32.00% |
| Reason(s) why interest rate varies | Loan Size, Collateral, Loan Purpose |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Ins 1 | |
|---|---|
| Description | El Cliente Seguro de Vida |
| % of loan amount - min | 0.24% |
| % of loan amount - max | 0.96% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | La comisión es 0.04% mensual cargado sólo al saldo del préstamo pendiente. |
| Appears on Repayment Sched? | Yes |
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | PHP 10,000 | PHP 10,000 | PHP 10,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2011-03-09 | 2011-03-14 | 2011-03-14 | ||
| Loan Term (Months) | 4.0 months | 4.0 months | 4.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | Not Known | Not Known | Not Known | ||
| True Price by Comp | |||||
| Interest and Fee Component | 36.2% | 36.2% | 36.2% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 1.7% | 1.7% | 1.7% | ||
| Full APR (int fee ins tax dep) | 37.9% | 37.9% | 37.9% | ||
| Transparency Index | 95 | 95 | 95 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | BOB 4,000 | BOB 5,000 | BOB 8,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-11-16 | 2013-11-10 | 2013-12-09 | ||
| Loan Term (Months) | 8.0 months | 12.0 months | 15.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | BOB 497.29 | BOB 953.53 | BOB 1,944.41 | ||
| True Price by Comp | |||||
| Interest price component | 31.5% | 32.7% | 33.3% | ||
| Fee Component | 0.0% | 0.0% | 0.0% | ||
| Insurance Component | 0.5% | 0.4% | 0.4% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 32.0% | 33.1% | 33.7% | ||
| Transparency Index | 94 | 91 | 89 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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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