2. BSEI
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

Banco San Enrique, Inc. G/F Iloilo Medical Center, Bonifacio DriveIloilo City, Iloilo/Region VI5000
Data approved: 2011-11-15
Data version: 1
Age of data: 163 months

Product

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Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 2,774,974
Portfolio (USD)USD 66,386.94
Active Clients with Loans540
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
An Individual Loan Product using the Micro Enterprise Access to Banking Service (MABS) Methodology. Aimed at micro-entrepreneurs providing them access to fast credit and affordable funds as additional capital for their micro-enterprise expansion.
Loan Purpose
Any purpose
Income generationx
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 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

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 3,000
Maximum loan size28,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term6.0 months
Approx average3.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Dailyx
Weeklyx
Every 2 weeksx
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 interest40.00%
Highest quoted nominal interest44.00%
Reason(s) why interest rate variesN/A
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Life Insurance
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
Ins 1
DescriptionMutual Fund
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min10
Fixed amount - max10
Reason for variationN/A
Appears on Repayment Sched?No
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 depositedPHP 50
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid2.00%
Maximum interest rate paid2.00%
Interest payment frequencyQuarterly
Taxes
Are taxes charged on this product?Yes
Percentage of fees0
All or some fees taxedN/A

Full Pricing Data

Fast Cash samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountPHP 3,000PHP 8,000PHP 15,000PHP 27,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-05-152011-07-282011-06-272011-07-14
Loan Term (Months)5.6 months5.6 months5.6 months5.6 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 Component92.4%84.6%83.4%83.4%
Insurance Component34.0%15.8%10.6%7.9%
Tax Component2.4%2.3%2.3%2.3%
Deposit Component121.4%27.6%12.6%6.5%
Full APR (int fee ins tax dep)250.2%130.3%109.0%100.2%
Transparency Index16313740
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Fast Cash Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.RurBankInstitution TypeBusinessLoan PurposeBSEIInstitutionPH-008-V01-P01ProductPHCountry2011YearRange Number1Institution Data Version05,00010,00015,00020,00025,000Loan Size (all)0%100%200%Full APR (int fee ins tax dep)> 20010010Number 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.
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  2. Equity Bank
Please note that the information you are viewing is 146 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Equity Bank Ragati Road, NHIF Building, 14th floorNairobiP.O. Box 75104-00200
Data approved: 2010-09-09
Data version: 1
Age of data: -   months 
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Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.equitybank.co.ke/
Year established1984
Head of InstitutionDr. James Mwangi
Regions active0
# Branches112

Total Portfolio (nat'l)KES 62,053,365,859
Total Portfolio (USD)USD 749,436,785.70
Active clients with loans715,969
Approximate % female clients40% - 60%
Approximate % urban clients40% - 60%
Network affiliations
Funders

Loan Products » Summary

Agriculture
744 Borrowers
USD 3,595,648.99 Portfolio
Active Product
Asset
2,853 Borrowers
USD 34,138,528.90 Portfolio
Active Product
Biashara
33,530 Borrowers
USD 25,319,660.76 Portfolio
Active Product
Business
5,686 Borrowers
USD 157,505,613.60 Portfolio
Active Product
Fedha
107 Borrowers
USD 312,375.81 Portfolio
Active Product
Imara
8,283 Borrowers
USD 9,595,151.44 Portfolio
Active Product
Shaba
32,096 Borrowers
USD 11,064,777.09 Portfolio
Active Product
Farm Input
32,201 Borrowers
USD 9,431,693.48 Portfolio
Active Product
Insurance
5,092 Borrowers
USD 3,343,421.51 Portfolio
Active Product
Vijana
20,739 Borrowers
USD 6,862,289.92 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agricultural Commercial Loan KES 100,000 - 4,000,000,000 1 - 36 40% - 60% 40% - 60% Business, Purchase of farm inputs and farm machinery. Women, Men, Must be in commercial farming for at least one year, Active account with Equity where proceeds are remitted. Credit Ins
Asset Finance Loan KES 100,000 - 4,000,000,000 1 - 48 40% - 60% 40% - 60% Business, Loan specifically used for purchase of assets. Women, Men, Equity Bank customer for at least one month or other bank statement, The asset being purchased is used as security for the loan. Credit Ins
Biashara Imara Loan KES 5,000 - 500,000 1 - 12 40% - 60% 40% - 60% Business Women, Men, Have business, Must have operated the business for more than one year Credit Ins, Tech Asst Visits, Business Training
Business Loan KES 300,000 - 4,000,000,000 1 - 60 40% - 60% 40% - 60% Business Women, Men, Have business, Must have operated the business for at least one year, Must have active account for at least 6 mos with Equity or other bank Credit Ins
Fanikisha - Fedha - Loan KES 300,000 - 1,000,000 1 - 18 80% - 100% 60% - 80% Any Purpose Women Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training
Fanikisha - Imara - Loan KES 30,000 - 500,000 1 - 18 80% - 100% 40% - 60% Business Women, Have business, Women who lack conventional securities. Credit Ins, Tech Asst Visits, Business Training
Fanikisha - Shaba - Loan KES 1,000 - 300,000 6 - 18 80% - 100% 40% - 60% Business Women Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training
Farm Input Loan KES 1,000 - 100,000 1 - 12 40% - 60% 40% - 60% Business, Purchase of farm inputs Women, Men, Must be in small scale or commercial farming, Active Equity Bank account where agricultural proceeds are remitted Credit Ins
Insurance Premium Finance Loan KES 5,000 - 4,000,000,000 1 - 10 40% - 60% 40% - 60% Can only be used for financing insurance premiums. Women, Men
Vijana Business Loan KES 1,000 - 100,000 1 - 12 40% - 60% 40% - 60% Business Women, Men, Have business, Specific age group, Must have undergone group training through Ministry of Youth or Gender, Must be between 18 and 35 years old Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agricultural Commercial Loan 18.0% annual, Decl Bal 1 Fee 1 Ins None N/A 0% 0% N/A
Asset Finance Loan 8.5% annual, Flat 1 Fee 1 Ins None N/A 0% 0% N/A
Biashara Imara Loan 18.0% annual, Flat 1 Fee 1 Ins None N/A 0% 0% N/A
Business Loan 18.0% annual, Decl Bal 1 Fee 1 Ins None N/A 0% 0% N/A
Fanikisha - Fedha - Loan 18.0% annual, Decl Bal 1 Fee 1 Ins None 10.0% upfront 100.00 ongoing 0% 0% N/A
Fanikisha - Imara - Loan 18.0% annual, Decl Bal 1 Fee 1 Ins None N/A 0% 0% N/A
Fanikisha - Shaba - Loan 18.0% annual, Decl Bal 1 Fee 1 Ins None 10.0% upfront 100.00 ongoing 0% 0% N/A
Farm Input Loan 15.0% annual, Flat 1 Fee 1 Ins None N/A 0% 0% N/A
Insurance Premium Finance Loan 54.0%-90.0% annual, Flat 0 Fees 0 Ins None N/A 0% 0% N/A
Vijana Business Loan 8.0% annual, Flat 0 Fees 1 Ins None 10.0% upfront 100.00 ongoing 0% 0% N/A
Institution Price Graph
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# Countries
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Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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