| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.tspi.org/ |
| Year established | 1981 |
| Head of Institution | Eduardo A. Mendoza |
| Regions active | |
| # Branches | 183 |
| Total Portfolio (nat'l) | PhP 1,468,869,386 |
| Total Portfolio (USD) | USD 35,140,415.93 |
| Active clients with loans | 287,169 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | Alliance of Philippine Partners in Enterprise Development (APPEND), Microfinance Council of the Philippines, Inc. (MCPI) |
| Funders | Opportunity International Australia |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Educational Loan Assistance Program | PHP 1 - 10,000 | 3 - 6 | 80% - 100% | 40% - 60% | Education | Women, Men, TKP clients with school-age children | Group Mtgs | |||||||
| Housing and Sanitation Loan Program | PHP 15,000 - 100,000 | 18 - 60 | 80% - 100% | 80% - 100% | Housing, Sanitation | Women, Men, Have business, Must have proof of right to construct house | Credit Ins | |||||||
| Livestock Loan | PHP 10,000 - 10,000 | 4.1 | 80% - 100% | 40% - 60% | Business, Purchase of livestock | Women, Men, Must be a member of TSPI Kabuhayan Program | Group Mtgs | |||||||
| PhilHealth Loan | PHP 300 - 1,200 | 6 | 80% - 100% | 40% - 60% | Other, Health Insurance | Women, Men, Have business, TKP Group member | Business Training | |||||||
| TSPI Kabuhayan Program | PHP 4,000 - 50,000 | 6 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
| TSPI Maunlad Program | PHP 30,000 - 150,000 | 6 - 24 | 80% - 100% | 80% - 100% | Business | Women, Men, Have business, Must have colateral or a co-borrower | Credit Ins, Business Training | |||||||
| TSPI Palayan Program | PHP 20,000 - 35,000 | 3 - 5 | 0% - 20% | 0% - 20% | Business, Agriculture, Rice Farmers | Women, Men, Land tenants with at least 5 years of farming experience, Has access to irrigation | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Educational Loan Assistance Program | 12.0% annual, Flat | 0 Fees | 1 Ins | None | N/A | 24.6% - 24.7% | 24.6% - 24.7% | 49 | ||||||||
| Housing and Sanitation Loan Program | 14.4%-18.0% annual, Flat | 1 Fee | 2 Ins | None | N/A | 35.3% - 40.6% | 36.7% - 45.6% | 37 | ||||||||
| Livestock Loan | 36.0% annual, Flat | 0 Fees | 1 Ins | None | 5.0% upfront | 36.2% | 37.9% | 95 | ||||||||
| PhilHealth Loan | 12.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 23.7% | 23.7% | 51 | ||||||||
| TSPI Kabuhayan Program | 36.0% annual, Flat | 1 Fee | 1 Ins | None | 5.0% upfront 40.00 ongoing | 68.6% - 68.7% | 87% - 93.7% | 39 | ||||||||
| TSPI Maunlad Program | 28.8%-36.0% annual, Flat | 1 Fee | 2 Ins | None | 10.0% upfront 100.00 ongoing | 47.2% - 69.4% | 65.1% - 89.7% | 35 | ||||||||
| TSPI Palayan Program | 36.0% annual, Flat | 0 Fees | 2 Ins | None | 5.0% upfront 200.00 ongoing | 26.6% - 32.1% | 42.7% - 48.5% | 80 |
| Outstanding portfolio (KHR) | KHR 5,417,460,800 |
| Portfolio (USD) | USD 1,371,509.06 |
| Active Clients with Loans | 15,241 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | |
| Village banking | x |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | x |
| 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 | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | x |
| Must be a salaried worker | x |
| Must be specific age group | x |
| Other | |
| Other (2) |
| # Regions for this institution | 20 |
| # Regions for this product | 20 |
| Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh KongKratié, Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey VengSiem Reap, Svay Rieng, Takéo |
| Currency | KHR |
| Minimum loan size | KHR 80,000 |
| Maximum loan size | 1,400,000 |
| Loans less than KHR 1,000,000 | 80% |
| KHR 1,000,000-3,500,000 | 20% |
| KHR 3,500,000-6,000,000 | 0 |
| KHR 6,000,000-8,000,000 | 0 |
| KHR 8,000,000-10,000,000 | 0 |
| Greater than KHR 10,000,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 12.0 months |
| Approx average | 10.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 20% |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 70% |
| Between 13 and 18 months | 0 |
| 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 | x |
| Quarterly | x |
| Every 6 months | x |
| Every 12 months | |
| Single end payment | x |
| Irregular payments |
| Lowest quoted nominal interest | 2.95% |
| Highest quoted nominal interest | 3.00% |
| Reason(s) why interest rate varies | Branch, Client Risk |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | 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 | KHR 300,000 | KHR 600,000 | KHR 1,200,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-02-20 | 2013-03-07 | 2013-03-19 | ||
| Loan Term (Months) | 12.0 months | 11.0 months | 12.0 months | ||
| Grace Period (Months) | -0.3 months | 0.2 months | -0.5 months | ||
| Total Cost of Credit | KHR 55,900 | KHR 110,700 | KHR 216,800 | ||
| True Price by Comp | |||||
| Interest price component | 35.9% | 35.3% | 35.3% | ||
| Fee Component | 0.0% | 0.0% | 0.0% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 35.9% | 35.3% | 35.3% | ||
| Transparency Index | 99 | 100 | 100 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Key Statistics | |
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| % 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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