Tulay sa Pag-unlad, Inc. - TSPI Palayan Program - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 164 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Tulay sa Pag-unlad, Inc. 2363 Antipolo St.Makati1212

Data approved: 2011-11-15

Data version: 1

Age of data: 164 months

Download Data

Analyze Data

Product

TSPI Palayan Program Product 7 of 7 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (PHP)	PHP 60,821,762.73
Portfolio (USD)	USD 1,455,066.09
Active Clients with Loans	2,402
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	0% - 20%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

This program is intended to finance the production requirements of rice farming and offers micro-loans to qualified farmer groups with mutual group guarantee.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture	x
Education
Other household finance
Other	Rice Farmers
Other (2)

Included Services

Credit education	x
Group meetings	x
Credit insurance	x
Workplace visits	x
Business training
Other training
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Other	Land tenants with at least 5 years of farming experience
Other (2)	Has access to irrigation

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	PHP
Minimum loan size	PHP 20,000
Maximum loan size	35,000

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	5.0 months
Approx average	4.0 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment	x
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	3.00%
Highest quoted nominal interest	3.00%
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1	Ins 2
Description	PCIC Crop Insurance	Credit-Life Insurance
% of loan amount - min	1.11%	2.50%
% of loan amount - max	7.78%	2.50%
OR, Fixed amount - min	0	0
Fixed amount - max	0	0
Reason for variation	N/A	N/A
Appears on Repayment Sched?	No	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	5.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	PHP 200
Conditions on access to deposit	When Leaving

Interest Paid on Deposit

Minimum interest rate paid	5.00%
Maximum interest rate paid	5.00%
Interest payment frequency	Monthly

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Additional Comments

There is another mandatory life insurance at P24 per annum. Loan terms are determined based on cropping schedule. Payments are due 5 days after harvest. Interest is computed .1% per day

Full Pricing Data

TSPI Palayan Program samples

	Sample 1	Sample 2	Sample 3
Loan Amount	PHP 30,000	PHP 30,000	PHP 30,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2010-12-07	2010-11-18	2010-12-08
Loan Term (Months)	5.0 months	5.0 months	5.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	26.6%	32.1%	27.9%
Insurance Component	13.7%	13.8%	13.7%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	2.4%	2.7%	2.4%
Full APR (int fee ins tax dep)	42.7%	48.5%	44.1%
Transparency Index	84	74	82

Original Repayment Schedule	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF

TSPI Palayan Program Price Graphs

Loan Size/

Loan Term/

Custom

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Actuar Caldas	3,700	5,247,000	1	172
Actuar Quindio	2,300	2,800,000	2	172
Actuar Tolima	8,800	5,099,000	3	172
Amanecer	4,300	8,253,000	4	172
Banco Agrario	56,300	39,938,000	3	172
Banco WWB	219,400	294,019,000	5	167
Bancolombia	36,200	51,563,000	1	172
BdO	10,400	7,945,000	2	172
Comerciacoop	1,600	3,255,000	4	172
Confiar	43,800	81,993,000	7	172
Congente	5,400	20,045,000	2	172
Contactar	25,100	20,184,000	2	172
Crezcamos	27,500	22,564,000	4	172
Finamerica	39,800	99,536,000	7	172
FMM Popayán	310,000	243,614,000	3	172
FMSD	6,800	9,236,000	6	172
Fomentamos	900	102,000	1	172
Fund DeLaMujer	199,900	165,568,000	1	172
Fund Oleoductos	500	435,000	1	167
FUNDAUNIBAN	600	1,307,000	2	172
FUNDESAN	2,400	2,521,000	5	172
FUNDESMAG	1,000	1,698,000	2	172
Interactuar	30,200	93,846,000	4	172
MEDA	15,600	27,322,000	2	172
ProCredit CO	5,700	18,569,000	3	172

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

	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

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞