2. EMPRENDER
Please note that the information you are viewing is 176 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. MILAMDEC
Please note that the information you are viewing is 163 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

EMPRENDER c. Presbítero Medina. Pje. Tal Tal Nº 570. SopocachiLa Paz, La Paz
Data approved: 2010-10-28
Data version: 1
Age of data: 176 months

Institution

Aakay ang MILAMDEC Microfinance Foundation, Inc #27 Dahlia StreetIlaya CarmenCagayan de Oro City, Misamis Oriental/Region X9000
Data approved: 2011-11-15
Data version: 1
Age of data: 163 months

Product

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Product

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Product Summary

Number borrowers1,869
Loan Amount (range)BOB 500 - 20,000
Loan Term (range)2 - 36
Other Services (text summary)Credit Ins, Tech Asst Visits, Business Training
Annual Interest & Method24.0%-36.0% annual, Decl Bal
Feesongoing ongoing
InsuranceNone
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component55.2% - 58.9% (Int+Fee)
Insurance Component0
Tax Component Range0 - 0.8%
Full APR (int fee ins tax dep)55.2% - 58.9%
Transparency Index (min/max)0 - N/A
Transparency Index (average)41

Product Summary

28,869
PHP 3,000 - 130,000
6
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
20.0% annual, Flat
2.00% upfront 1.00% upfront
150.00 upfront
None
30.0% upfront 50.00 ongoing
 
N/A
78.4% - 101.5% (Int+Fee)
1.2% - 24.4%
0
82.0% - 163.7%
12 - 24
18

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 4,807,190
Portfolio (USD)USD 712,176.30
Active Clients with Loans1,869
Approximate % Female Clients60% - 80%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
ES UN PRODUCTO DESTINADO A CLIENTES NUEVOS Y/O ANTIGàœOS QUE CUENTAN CON NEGOCIOS DESARROLLADOS Y CON UNA MEJOR CONDICIÓN ECONÓMICA, SON CLIENTES QUE CUENTAN CON BUEN HISTORIAL CREDITICIO Y QUE DEMUESTRAN TENER BUENA CAPACIDAD DE PAGO Y CRECIMIENTO.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loanx
Agriculture
Education
Other household finance
OtherNegocio: Solo para Capital de Trabajo
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visitsx
Business trainingx
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 (PHP)PHP 124,052,263
Portfolio (USD)USD 2,967,757.49
Active Clients with Loans28,869
Approximate % Female Clients80% - 100%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help groupx
Other
Description
Microfinance Loan meant to finance income generating projects
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried workerx
Must be specific age groupx
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 500
Maximum loan size20,000
Loan Term and Grace Period
Shortest loan term2.0 months
Longest loan term36.0 months
Approx average5.8 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeksx
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular paymentsx

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 3,000
Maximum loan size130,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term6.0 months
Approx average6.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.00%
Highest quoted nominal interest3.00%
Reason(s) why interest rate variesTime as Client, Loan Size, Collateral
Interest rate periodMonthly
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
Fee 1Fee 2
DescriptionCargos administrativos y FormulariosCargos administrativos por trámite desembolso
% of loan amount - min00
% of loan amount - max1.20%2.50%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationN/AN/A
Appears on Repayment Sched?YesYes
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 interest20.00%
Highest quoted nominal interest20.00%
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 - min2.00%1.00%
% of loan amount - max2.00%1.00%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionMILAMDEC Tibod Mutual Benefits
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min150
Fixed amount - max150
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 deposited30.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 50
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid4.00%
Maximum interest rate paid4.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

Crédito Individual en Bolivianos samples
Sample 1Sample 2Sample 3
Loan AmountBOB 3,000BOB 7,000BOB 14,000
Loan Cycle (1, 2, 3, etc)133
Disbursement Date2010-05-282010-06-242010-06-19
Loan Term (Months)6.0 months6.5 months12.0 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 Component58.3%58.9%55.2%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)58.3%58.9%55.2%
Transparency Index414143
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Regular Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountPHP 3,000PHP 7,000PHP 15,000PHP 30,000PHP 60,000PHP 100,000
Loan Cycle (1, 2, 3, etc)1251018Not Known
Disbursement Date2011-05-192011-05-172011-06-092011-05-302011-05-242011-05-19
Loan Term (Months)5.6 months5.6 months6.0 months12.0 months5.6 months5.6 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component92.7%92.7%101.5%78.4%92.7%92.7%
Insurance Component24.4%17.2%5.4%1.3%2.0%1.2%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component46.7%15.4%6.8%2.3%1.4%0.8%
Full APR (int fee ins tax dep)163.7%125.2%113.7%82.0%96.0%94.6%
Transparency Index121618242121
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Crédito Individual en Bolivianos Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeMultipleLoan PurposeEMPRENDERInstitutionBO-013-V01-P02ProductBOCountry2010YearRange Number1Institution Data Version05,00010,00015,000Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 90040050Number 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
Regular Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeMILAMDECInstitutionPH-002-V01-P02ProductPHCountry2011YearRange Number1Institution Data Version020,00040,00060,00080,000100,000Loan Size (all)0%50%100%150%Full APR (int fee ins tax dep)> 5,7004,3002,8001,400100Number 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
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