| Institution Type | RurBank |
| Is this institution regulated? | Yes |
| Website address | http://www.bangkokabayan.com/ |
| Year established | 1960 |
| Head of Institution | Teresa M. Ganzon |
| Regions active | |
| # Branches | 16 |
| Total Portfolio (nat'l) | PhP 102,860,081 |
| Total Portfolio (USD) | USD 2,460,767.49 |
| Active clients with loans | 8,941 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kabayan Loan | PHP 5,000 - 150,000 | 2 - 12 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business, Specific age group | Credit Ins | |||||||
| Kapitan Loan | PHP 2,000 - 60,000 | 6 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Specific age group | Group Mtgs, Credit Ins, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kabayan Loan | 24.0% annual, Flat | 2 Fees | 1 Ins | 0.50% loan amt | 2.0%-20.0% upfront 10.00% ongoing | 55% - 64.7% | 63.1% - 76.4% | 35 | ||||||||
| Kapitan Loan | 30.0% annual, Flat | 1 Fee | 2 Ins | 0.50% loan amt | 160.00 upfront 12.50% ongoing | 59.1% - 60.5% | 67.9% - 72.3% | 42 |
| Outstanding portfolio (KES) | KES 167,684,808 |
| Portfolio (USD) | USD 2,025,178.84 |
| Active Clients with Loans | 9,794 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 40% - 60% |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | x |
| 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) |
| Currency | KES |
| Minimum loan size | KES 20,000 |
| Maximum loan size | 1,000,000 |
| Shortest loan term | 3.0 months |
| Longest loan term | 18.0 months |
| Approx average | 12.0 months |
| Grace period usage | 10% |
| Average grace period | 0.3 months |
| Daily | |
| Weekly | x |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 17.00% |
| Highest quoted nominal interest | 17.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | N/A |
| Is rate fixed for entire loan term | Yes |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | |
| Do borrowers control deposit in their group? |
| % loan amount deposited | 15.00% - N/A |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | KES 100 - N/A |
| Conditions on access to deposit | End Term |
| Minimum interest rate paid | 0.33% |
| Maximum interest rate paid | 0.50% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
