- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
APAS	320	128,000	2	165
BRAC-UGA	139,200	28,254,000	3	121
Centenary Bank	133,802	221,144,231	4	145
EBO SACCO	1,500	1,240,382	2	145
Equity Bank	13,069	57,252,004	0	145
Finance Trust	22,555	17,520,424	5	145
FINCA-UGA	56,300	27,402,000	4	119
Five Talents	5,365	368,057	2	145
Gatsby	1,346	2,440,236	2	145
Habitat Uganda	858	265,508	1	145
Hofokam	20,908	4,793,200	6	145
KACITA	156	60,318	1	145
Madfa SACCO	4,832	288,674	5	145
Opportunity	23,734	13,560,846	13	145
RUCREF	5,557	898,380	4	165
Rushere SACCO	983	574,549	2	145
SAO	204	62,768	1	145
Silver Upholders	2,111	189,189	4	145
THPU	6,528	676,391	1	145
UGAFODE	8,197	4,720,446	9	145
VF Uganda	13,072	3,221,675	5	145
Wakiso	513	276,000	1	145
Y-SAVE	208	1,686,485	1	145

Please note that the information you are viewing is 160 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Paglaum Multi Purpose Cooperative 2F PMPC Bldg., Eastern LoocPlaridel, Misamis Occidental7209

Data approved: 2011-11-15

Data version: 1

Age of data: 160 months

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Product

Barangay Official Livelihood Assistance Product 1 of 8 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (PHP)	PHP 10,280,041.88
Portfolio (USD)	USD 245,934.02
Active Clients with Loans	670
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	0% - 20%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

To provide financial assistance to all Barangay Officials under the BOLA Program for the purposes of; Business activities, livelihood projects, providential purpose, medical, educational

Loan Purpose

Any purpose	x
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance	x
Workplace visits
Business training
Other training
Other
Other (2)
No other services

Eligibility

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	Barangay Officials
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	PHP
Minimum loan size	PHP 500
Maximum loan size	15,000

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	36.0 months
Approx average	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	x
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	1.90%
Highest quoted nominal interest	1.90%
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1	Fee 2
Description	Service Fee	Notarial Fee
% of loan amount - min	4.00%	0
% of loan amount - max	4.00%	0
OR, Fixed amount - min	0	50
Fixed amount - max	0	50
Reason for variation		N/A
Appears on Repayment Sched?	No	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Credit Insurance
% of loan amount - min	1.50%
% of loan amount - max	1.50%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

	Ins 1
Description	MBA, Life and Retirement Insurance
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	20
Fixed amount - max	20
Reason for variation	N/A
Appears on Repayment Sched?	No

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	6.50%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	PHP 26
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	3.00%
Maximum interest rate paid	3.00%
Interest payment frequency	Annually

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Barangay Official Livelihood Assistance samples

	Sample 1	Sample 2	Sample 3
Loan Amount	PHP 3,671.47	PHP 8,888.90	PHP 15,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2010-09-30	2010-06-30	2010-12-16
Loan Term (Months)	10.0 months	24.0 months	10.0 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	52.7%	44.9%	48.9%
Insurance Component	15.0%	6.1%	6.1%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	12.1%	8.2%	7.0%
Full APR (int fee ins tax dep)	79.8%	59.2%	62.0%
Transparency Index	29	39	37

Original Repayment Schedule	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF

Barangay Official Livelihood Assistance Price Graphs

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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

	X Axis
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N (# of Samples)
Total Borrrowers of Samples


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By Country

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