2. CRECER
Please note that the information you are viewing is 134 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. PS Ambato
Please note that the information you are viewing is 175 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Credito con Educacion Rural Calle Presbítero Medina Nº 2931 (Final-Pasaje Lastra)La Paz13748
Data approved: 2011-10-11
Data version: 2
Age of data: -   months 
Choose version

Institution

Pastoral Social Caritas Ambato Rocafuerte y Lalama Centro Social San Vicente de Paul (3º piso)Ambato, Tungurahua
Data approved: 2010-11-08
Data version: 1
Age of data: 175 months

Product

Banca Comunal Product 1 of 3 « Prev | Next »

Product

Banco Comunal Product 1 of 1 « Prev | Next »

Product Summary

Number borrowers107,648
Loan Amount (range)BOB 1,000 - 150,000
Loan Term (range)6 - 8
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins
Annual Interest & Method36.0% annual, Decl Bal
FeesNone
InsuranceNone
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component0 (Int+Fee)
Insurance Component0
Tax Component Range0
Full APR (int fee ins tax dep)0
Transparency Index (min/max)71 - 108
Transparency Index (average)N/A

Product Summary

5,692
USD 50 - 9,200
6 - 12
Group Mtgs, Credit Ins, Other Training, Capacitacion en valores y formacion humana, Capacitacion en salud y estilos de vida, Si existe el fallecimiento de una socia durante el ciclo, la deuda es condonada
24.0% annual, Decl Bal
None
None
None
10.0% upfront 2.00% ongoing
 
N/A
24.3% (Int+Fee)
0
0
24.3% - 31.7%
76 - 99
81

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 275,405,783
Portfolio (USD)USD 40,205,223.80
Active Clients with Loans107,648
Approximate % Female Clients80% - 100%
Approximate % Urban Clients40% - 60%
Methodology
Individual
Solidarity group
Village bankingx
Self help group
Other
Description
La tecnología financiera de CRECER se denomina "Banca Comunal", un sistema de organización y administración que combina la gestión financiera con la educación.
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculture
Educationx
Other household financex
OtherCapital de Operación-Inversión
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
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

Product Details

Key Statistics
Outstanding portfolio (USD)USD 2,771,063.27
Portfolio (USD)USD 2,771,063.27
Active Clients with Loans5,692
Approximate % Female Clients80% - 100%
Approximate % Urban Clients40% - 60%
Methodology
Individual
Solidarity group
Village bankingx
Self help group
Other
Description
Grupo organizado de personas los cuales gestionan pequeños prestamos representados por una directiva y se reunen en lugares vincualdos a las parroquias. Actividades: capacitacion, salud y evangelizacion.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other trainingx
OtherCapacitacion en valores y formacion humana, Capacitacion en salud y estilos de vida
Other (2)Si existe el fallecimiento de una socia durante el ciclo, la deuda es condonada
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
CurrencyBOB
Minimum loan sizeBOB 1,000
Maximum loan size150,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term8.0 months
Approx averagedk
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular paymentsx

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 50
Maximum loan size9,200
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average6.0 months
Grace Period
Grace period usage90%
Average grace period0.5 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeksx
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest36.00%
Highest quoted nominal interest36.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest24.00%
Highest quoted nominal interest24.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited2.00%
or, Fixed-amount deposited0
Conditions on access to deposit
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
Si existe el fallecimiento de una socia durante el ciclo, la deuda es condonada sin importar el monto adeudado. / cuando las personas han llegado a ciclos superiores al 5 o 6 el ahorro en el pago ya no es tan obligatorio aunque puede ser minimo 1% del monto original.

Full Pricing Data

Banca Comunal samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountBOB 6,900BOB 15,700BOB 30,500BOB 55,000BOB 107,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-08-072011-08-082011-08-212011-08-112011-08-21
Loan Term (Months)8.0 months7.5 months5.6 months7.5 months7.5 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 Component35.6%35.6%35.4%33.2%35.6%
Insurance Component0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)35.6%35.6%35.4%33.2%35.6%
Transparency Index100100100100100
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Banco Comunal samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountUSD 400USD 1,000USD 2,000USD 9,200
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2010-04-202010-04-202010-03-032010-07-27
Loan Term (Months)5.6 months5.6 months5.6 months9.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component24.3%24.3%24.3%24.3%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component7.4%7.4%7.1%0.0%
Full APR (int fee ins tax dep)31.7%31.7%31.4%24.3%
Transparency Index76767699
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Banca Comunal Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeMultipleLoan PurposeCRECERInstitutionBO-010-V02-P01ProductBOCountry2011YearRange Number2Institution Data Version020,00040,00060,00080,000100,000Loan Size (all)0%10%20%30%Full APR (int fee ins tax dep)> 21,00016,00010,0005,300500Number 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
Banco Comunal Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeAnyLoan PurposePS AmbatoInstitutionEC-032-V01-P01ProductECCountry2010YearRange Number1Institution Data Version02,0004,0006,0008,00010,000Loan Size (all)0%10%20%30%Full APR (int fee ins tax dep)> 1,4001,00070030040Number 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 ∞