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Institution
Data approved: 2013-04-26
Data version: 4
Age of data: 139 months
Key Statistics
| Outstanding portfolio (KHR) | KHR 1,828,024,878 |
| Portfolio (USD) | USD 462,791.11 |
| Active Clients with Loans | 3,096 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
Methodology
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other | |
Description
Easy Loan (KHR) product requires the administrative fee payment at the disbursment.
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) | |
Included Services
| Credit education | x |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | x |
| Other | |
| Other (2) | |
| No other services | |
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 | x |
| Other | |
| Other (2) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 24 |
| # Regions for this product | 4 |
| Regions Active | Phnom Penh, Sihanoukville, Prey VengSiem Reap |
Loan Conditions
Loan Amount
| Currency | KHR |
| Minimum loan size | KHR 10,000 |
| Maximum loan size | 1,000,000 |
Distribution at Disbursement (Est.)
| Loans less than KHR 1,000,000 | 100% |
| KHR 1,000,000-3,500,000 | 0 |
| 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 |
Loan Term and Grace Period
| Shortest loan term | 1.0 month |
| Longest loan term | 12.0 months |
| Approx average | 10.0 months |
Distribution at Disbursement (Est.)
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 5% |
| Between 7 and 9 months | 5% |
| Between 10 and 12 months | 90% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
Grace Period
| Grace period usage | 0 |
| Average grace period | 0 |
Repayment Frequency
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments | |
Pricing Information
Interest
| Lowest quoted nominal interest | 2.50% |
| Highest quoted nominal interest | 3.00% |
| Reason(s) why interest rate varies | Branch, Time as Client, 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 |
Upfront Fees
| Fee 1 |
|---|
| Description | Administration Fee |
| % of loan amount - min | 0.50% |
| % of loan amount - max | 0.50% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
Ongoing Fees
This product has no ongoing feesUpfront Insurance Fees
This product has no upfront insurance feesOngoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
Deposit BEFORE or AT Disbursement
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
Deposits DURING period payments
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
Interest Paid on Deposit
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
Taxes
| Are taxes charged on this product? | No |
Additional Comments
This product is targeted at the underserved urban poor and was designed in the belief that the poorest clients require better access to credit
Full Pricing Data
Easy Loan (KHR) samples
| Sample 1 | | Sample 2 | | Sample 3 | | Sample 4 |
|---|
| Loan Amount | KHR 200,000 | | KHR 300,000 | | KHR 500,000 | | KHR 600,000 |
| Loan Cycle (1, 2, 3, etc) | Not Known | | Not Known | | Not Known | | Not Known |
| Disbursement Date | 2013-02-27 | | 2013-02-14 | | 2013-02-13 | | 2013-02-15 |
| Loan Term (Months) | 12.0 months | | 6.0 months | | 10.0 months | | 12.0 months |
| Grace Period (Months) | -0.3 months | | -0.1 months | | 0.1 months | | -0.2 months |
| Total Cost of Credit | KHR 38,900 | | KHR 27,400 | | KHR 87,400 | | KHR 100,100 |
| True Price by Comp | | | | | | | |
| Interest price component | 36.0% | | 30.2% | | 36.0% | | 30.1% |
| Fee Component | 1.1% | | 1.8% | | 1.2% | | 1.0% |
| Insurance Component | 0.0% | | 0.0% | | 0.0% | | 0.0% |
| Tax Component | 0.0% | | 0.0% | | 0.0% | | 0.0% |
| Deposit Component | 0.0% | | 0.0% | | 0.0% | | 0.0% |
| Full APR (int fee ins tax dep) | 37.1% | | 32.0% | | 37.2% | | 31.1% |
| Transparency Index | 81 | | 94 | | 81 | | 96 |
| | | | | | | | |
| Original Repayment Schedule | PDF | | PDF | | PDF | | PDF |
| MFT Pricing Calculation | PDF | | PDF | | PDF | | PDF |
Easy Loan (KHR) Price Graphs
