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Institution
Data approved: 2010-10-28
Data version: 1
Age of data: - months
Description
Microcrédito es todo crédito concedido a un prestatario, sea persona natural o jurídica o grupo de prestatarios, con garantías personales, mancomunadas, solidarias, prendarias, hipotecarias u otras modalidades de garantías propias del sector rural
Any purpose Income generation x Mortgage/housing x Consumer loan x Agriculture Education x Other household finance Other Other (2)
Credit education Group meetings Credit insurance x Workplace visits Business training Other training Other Other (2) No other services
Men x Women x Must run a business x Must own a home or land Must be a salaried worker Must be specific age group Other Other (2)
Portfolio Size by Product
Geographic Coverage
# Regions for this institution N/A # Regions for this product N/A Regions Active
Loan Conditions
Currency BOB Minimum loan size BOB 3,500 Maximum loan size 735,000
Shortest loan term 3.0 months Longest loan term 84.0 months Approx average 30.0 months
Daily Weekly Every 2 weeks Every 4 weeks Monthly x Every 2 months Quarterly x Every 6 months x Every 12 months Single end payment x Irregular payments x
Pricing Information
Interest
Lowest quoted nominal interest 13.00% Highest quoted nominal interest 36.00% Reason(s) why interest rate varies Time as Client, Loan Size, Client Risk, Collateral Interest rate period Yearly Interest Rate Calculation Method Decl Bal Subsidized by funder request? N/A Is rate fixed for entire loan term Yes
Upfront Fees Fee 1 Description Comisio por gastos administrativos % of loan amount - min 0.50% % of loan amount - max 2.85% OR, Fixed amount - min 0 Fixed amount - max 0 Reason for variation Appears on Repayment Sched? No
Ongoing Fees Fee 1 Description Seguro de desgravamen % of loan amount - min 5.00% % of loan amount - max 5.00% OR, Fixed amount - min 0 Fixed amount - max 0 Reason for variation N/A Appears on Repayment Sched? Yes
Upfront Insurance Fees This product has no upfront insurance fees Ongoing Insurance Fees This product has no ongoing insurance fees
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
Microcredito - BOB Price Graphs
0 100 Pricing Transparency Index Regulated Inst. Not Regulated Inst. NGO Institution Type Multiple Loan Purpose FONDECO Institution BO-015-V01-P03 Product BO Country 2010 Year Range Number 1 Institution Data Version 0 20,000 40,000 60,000 80,000 100,000 Loan Size (all) 0% 10% 20% 30% Full APR (int fee ins tax dep) > 100 70 8 Number 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.
