Institution # Borrowers Portfolio (US$) Products Age of Data
AB Bank300307,0002167
AMZ4,900651,0002167
CETZAM6,7002,210,0004167
Eclof Zambia200111,0004167
Empowerment1,500447,0005167
FINCA Zambia43,70016,420,0004125
Harmos9,8001,398,0003167
Kungoma4318,0002167
MBT13,9001,563,0005167
Meanwood2,0001,766,0005167
PFSL1,3003,506,0003167
Zambia CRC301,0001167
  2. 1st Valley Bank
Please note that the information you are viewing is 162 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

1st Valley Bank, Inc. A Rural Bank Vamenta Blvd. corner Lirio St.CarmenCagayan de Oro City, Misamis Oriental8000
Data approved: 2011-11-23
Data version: 1
Age of data: 162 months

Product

Barangay and LGU Livelihood Loan Product 1 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 352,707,483
Portfolio (USD)USD 8,437,978.06
Active Clients with Loans12,175
Approximate % Female Clients20% - 40%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help groupx
Other
Description
Granted to barangay officials and LGU employees and officials for livelihood purposes.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried workerx
Must be specific age groupx
Other18-70 years old
Other (2)Barangay & LGU Officials
# 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
CurrencyPHP
Minimum loan sizePHP 10,000
Maximum loan size250,000
Loan Term and Grace Period
Shortest loan term12.0 months
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 interest18.00%
Highest quoted nominal interest20.00%
Reason(s) why interest rate variesIf bills discounted =18%pa. If time loan =20% pa.
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionService ChargeNotarial Fee
% of loan amount - min4.00%0
% of loan amount - max4.00%0
OR, Fixed amount - min050
Fixed amount - max050
Reason for variationN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance
% of loan amount - min1.50%
% of loan amount - max2.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
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 depositedPHP 500
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositFinal Pmt
Interest Paid on Deposit
Minimum interest rate paid1.50%
Maximum interest rate paid1.50%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

Barangay and LGU Livelihood Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountPHP 15,000PHP 30,000PHP 60,000PHP 90,000PHP 120,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-07-012011-06-272011-06-212011-06-252011-06-27
Loan Term (Months)24.0 months24.0 months24.0 months24.0 months24.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component39.7%39.3%39.2%39.1%39.1%
Insurance Component3.0%3.0%3.0%3.6%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component2.4%1.1%0.6%0.4%0.3%
Full APR (int fee ins tax dep)45.1%43.5%42.8%43.1%39.4%
Transparency Index4041424246
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Barangay and LGU Livelihood Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.RurBankInstitution TypeMultipleLoan Purpose1st Valley BankInstitutionPH-001-V01-P01ProductPHCountry2011YearRange Number1Institution Data Version020,00040,00060,00080,000100,000120,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 2,4001,8001,20060060Number 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.
Click to view Price Analysis Tool
Caps / Zoom options
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
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to ∞