2. CETZAM
Please note that the information you are viewing is 168 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. FCB
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

CETZAM Financial Services PLC CETZAM HousePrivate Bag E760Lusaka10101
Data approved: 2011-12-12
Data version: 1
Age of data: 168 months

Institution

FCB Foundation 10 Mendoza St.Tagbilaran City, Bohol6300
Data approved: 2011-11-15
Data version: 1
Age of data: 163 months

Product

Agriculture Loan Product 1 of 4 « Prev | Next »

Product

Hiram (Group Loan) Product 2 of 2 « Prev | Next »

Product Summary

Number borrowers527
Loan Amount (range)ZMK 800,000 - 2,000,000
Loan Term (range)3 - 6
Other Services (text summary)Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training
Annual Interest & Method48.0% annual, Flat
Fees3.80% upfront 0.60% upfront
Insurance0.44%-0.60% upfront
TaxNone
Comp Dep10.0% upfront
Range of pricing 
Interest Price ComponentN/A
Fee Component63.8% - 64.2% (Int+Fee)
Insurance Component1.6% - 8.7%
Tax Component Range0
Full APR (int fee ins tax dep)73.5% - 74.0%
Transparency Index (min/max)25 - 65
Transparency Index (average)65

Product Summary

10,000
PHP 3,000 - 100,000
6
Group Mtgs, Tech Asst Visits, Business Training, Bookeeping, consultancy, Mortuary Fund/Life Insurance
24.0% annual, Flat
6.00% ongoing
100.00 upfront
0.25% loan amt
4.0% upfront 20.00 ongoing
 
N/A
68.6% (Int+Fee)
0.1% - 14.6%
1.1% - 7.0%
81.7% - 111.2%
22 - 58
27

Product Details

Key Statistics
Outstanding portfolio (ZMK)ZMK 531,469,820
Portfolio (USD)USD 102,699.48
Active Clients with Loans527
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Loan term 3 to six months. Number of clients minimum 5 and maximum 20. Client do not get cash but requirements e.g seeds, machinery, etc.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherAgriculture activities
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visitsx
Business trainingx
Other trainingx
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 70,000,000
Portfolio (USD)USD 1,674,641.15
Active Clients with Loans10,000
Approximate % Female Clients60% - 80%
Approximate % Urban Clients20% - 40%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Credit extended to borrowers for income-generating activities, using group lending methodology
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 insurance
Workplace visitsx
Business trainingx
Other training
OtherBookeeping, consultancy
Other (2)Mortuary Fund/Life Insurance
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust have experience running a business
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
CurrencyZMK
Minimum loan sizeZMK 800,000
Maximum loan size2,000,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term6.0 months
Approx average6.0 months
Grace Period
Grace period usage100%
Average grace period3.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 3,000
Maximum loan size100,000
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 interest4.00%
Highest quoted nominal interest4.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?Yes
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan Processing fee/ Admin feeNtula
% of loan amount - min3.80%0.60%
% of loan amount - max3.80%0.60%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Life Insurance
% of loan amount - min0.44%
% of loan amount - max0.60%
OR, Fixed amount - min0
Fixed amount - max0
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?No
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to deposit
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
The loan amount on the repayment schedule are for the entire group and nmot each individual. Security deposit can vary , its not always fixed at 1%

Pricing Information

Interest
Lowest quoted nominal interest2.00%
Highest quoted nominal interest2.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionService Charge (amortized)
% of loan amount - min6.00%
% of loan amount - max6.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
Ins 1
DescriptionMortuary Fund
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min100
Fixed amount - max100
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?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited4.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 20
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?Yes
Percentage of fees0
All or some fees taxedN/A
Additional Comments
Borrower can withdraw from savings only after 2 loan cycles. Insurance is in-house. For loan amounts greater than P5, FCB has tie-up with Paramount Insurance. CBU is withdrawable only upon exit from the program. 2% of CBU is transferred to time deposit. Savings is withdrawable any time as long as 1% of loan amount is maintained

Full Pricing Data

Agriculture Loan samples
Sample 1Sample 2Sample 3
Loan AmountZMK 1,066,394.56ZMK 1,074,000ZMK 2,126,789.12
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-09-232011-03-172011-09-23
Loan Term (Months)6.0 months6.0 months6.0 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 Component64.2%63.8%64.2%
Insurance Component1.6%1.6%1.6%
Tax Component0.0%0.0%0.0%
Deposit Component8.2%8.2%8.2%
Full APR (int fee ins tax dep)74.0%73.5%74.0%
Transparency Index656565
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Hiram (Group Loan) samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountPHP 3,000PHP 6,000PHP 15,000PHP 28,000PHP 60,000PHP 90,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-09-022011-03-102011-03-142011-07-212011-07-152011-07-12
Loan Term (Months)5.8 months5.8 months6.0 months5.8 months5.8 months5.8 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 Component68.6%68.6%68.6%68.6%68.6%68.6%
Insurance Component14.6%7.2%2.9%1.5%0.4%0.4%
Tax Component7.0%7.0%6.9%6.9%6.9%6.9%
Deposit Component20.9%12.1%7.9%6.7%6.0%5.8%
Full APR (int fee ins tax dep)111.2%94.9%86.3%83.7%81.9%81.7%
Transparency Index222528292929
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Agriculture Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeBusinessLoan PurposeCETZAMInstitutionZM-005-V01-P01ProductZMCountry2011YearRange Number1Institution Data Version0500,0001,000,0001,500,0002,000,000Loan Size (all)0%20%40%60%80%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.
Click to view Price Analysis Tool
Hiram (Group Loan) Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeFCBInstitutionPH-018-V01-P02ProductPHCountry2011YearRange Number1Institution Data Version020,00040,00060,00080,000Loan Size (all)0%50%100%Full APR (int fee ins tax dep)> 2,0001,5001,00050050Number 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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