Institution # Borrowers Portfolio (US$) Products Age of Data
ACB-SA4,3351,476,2886147
Comicoka827758,4354147
COOJAD511823,2156147
COOPEDU2,0297,549,8359147
Duterimbere6,6074,365,0443147
Goshen2,0763,716,0085165
Inkingi2,6482,593,3665165
RML4,9603,473,7813147
UCU3,3911,603,5244147
Urwego37,90014,755,0006
Vision Finance14,2263,474,6466165
Wisigara2,177904,7083147
Zamuka253124,4453147
Zigama CSS53,80659,670,7532165
  2. Congente
Please note that the information you are viewing is 171 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Cooperativa de Ahorro y Credito Congente cra 33a 38-39 Barrio CentroVillavicencio, META
Data approved: 2011-03-24
Data version: 1
Age of data: 171 months

Product

microcredito productivo Product 2 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (COP)COP 368,613,005
Portfolio (USD)USD 202,534.62
Active Clients with Loans213
Approximate % Female Clients60% - 80%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Para atender el financiamiento de las necesidades de los microempresarios en cuanto al capital de Trabajo y Activos Fijos que requiere para operar.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visitsx
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyCOP
Minimum loan sizeCOP 535,600
Maximum loan size5,356,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term24.0 months
Approx average18.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest26.53%
Highest quoted nominal interest26.53%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionMIPYME
% of loan amount - min4.50%
% of loan amount - max7.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionSeguro Vida
% of loan amount - min0.60%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedCOP 5,000
Conditions on access to depositWhen Leaving
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid1.80%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

microcredito productivo samples
Sample 1Sample 2Sample 3
Loan AmountCOP 1,080,000COP 1,110,000COP 2,540,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-01-122011-01-072010-12-30
Loan Term (Months)12.0 months12.0 months18.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component34.7%34.2%31.9%
Insurance Component1.2%1.2%1.2%
Tax Component0.0%0.0%0.0%
Deposit Component1.4%1.4%0.8%
Full APR (int fee ins tax dep)37.2%36.8%33.9%
Transparency Index717278
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
microcredito productivo Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeCongenteInstitutionCO-008-V01-P02ProductCOCountry2011YearRange Number1Institution Data Version0500,0001,000,0001,500,0002,000,0002,500,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 100506Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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