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. RB Angeles
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

Rural Bank of Angeles Miranda St. cor. Sto. EntierroAngeles City, Pampanga2009
Data approved: 2011-11-15
Data version: 1
Age of data: 163 months

Product

Solidarity Group Loan Product 3 of 4 « Prev | Next »

Product

Kaantabe Loan Product 2 of 2 « Prev | Next »

Product Summary

Number borrowers2,729
Loan Amount (range)ZMK 1,000,000 - 5,000,000
Loan Term (range)3 - 10
Other Services (text summary)Credit Educ, Tech Asst Visits
Annual Interest & Method72.0%-78.0% annual, Flat
Fees3.80% upfront 0.60%-1.90% upfront
Insurance0.44%-0.60% upfront
TaxNone
Comp Dep10.0% upfront
Range of pricing 
Interest Price ComponentN/A
Fee Component138.1% - 143.8% (Int+Fee)
Insurance Component1.6% - 8.7%
Tax Component Range0
Full APR (int fee ins tax dep)165.7% - 171.5%
Transparency Index (min/max)25 - 65
Transparency Index (average)42

Product Summary

966
PHP 10,000 - 150,000
2.1 - 6
Credit Educ, Group Mtgs, Other Training, Client Orientation
30.0% annual, Flat
1.00%-3.00% upfront
None
None
5.0% upfront 10.00% ongoing
 
N/A
58.4% - 78.3% (Int+Fee)
0
0
69.7% - 97.3%
0 - N/A
38

Product Details

Key Statistics
Outstanding portfolio (ZMK)ZMK 2,298,423,195
Portfolio (USD)USD 444,139.75
Active Clients with Loans2,729
Approximate % Female Clients60% - 80%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Group loan of 5 to 8 members. Loan repayments are monthly. The loan amount is between K1,000,000 and K5,000,000,000. The average loan term is 10 months.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visitsx
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

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 61,800,000
Portfolio (USD)USD 1,478,468.90
Active Clients with Loans966
Approximate % Female Clients60% - 80%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Loans for additional working capital
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business training
Other trainingx
OtherClient Orientation
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
OtherBetween 20-60 years of age
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 1,000,000
Maximum loan size5,000,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term10.0 months
Approx average10.0 months
Grace Period
Grace period usage100%
Average grace period1.0 month
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 10,000
Maximum loan size150,000
Loan Term and Grace Period
Shortest loan term2.1 months
Longest loan term6.0 months
Approx average6.0 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 interest6.00%
Highest quoted nominal interest6.50%
Reason(s) why interest rate variesClient Risk, Loan term. The longer the term the higher the interest.
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionProcessing fees/Admin FeeNtula premium
% of loan amount - min3.80%0.60%
% of loan amount - max3.80%1.90%
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?No
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

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest2.50%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Fee
% of loan amount - min1.00%
% of loan amount - max3.00%
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
This product has no upfront insurance fees
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?
Deposit BEFORE or AT Disbursement
% loan amount deposited5.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited10.00%
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid2.00%
Maximum interest rate paid2.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
FEES: Service fee rate is diminishing based on repayment performance of the client. SAVINGS: Amount deposited periodically is 1% of amortization. Access to savings only after 3rd cycle on condition that 5% of the micro-savings is not withdrawn. In case of emergency, access to savings is allowed. In case of holiday, client is expected to pay by the next working day or in advance

Full Pricing Data

Solidarity Group Loan samples
Sample 1Sample 2Sample 3
Loan AmountZMK 1,500,000ZMK 2,000,000ZMK 4,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-08-262011-06-302011-09-15
Loan Term (Months)6.0 months8.0 months7.0 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 Component139.3%143.8%138.1%
Insurance Component2.7%2.2%2.4%
Tax Component0.0%0.0%0.0%
Deposit Component25.7%25.6%25.2%
Full APR (int fee ins tax dep)167.6%171.5%165.7%
Transparency Index434243
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Kaantabe Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountPHP 15,000PHP 30,000PHP 50,000PHP 85,000PHP 120,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-06-082011-06-082011-06-082011-05-312011-06-08
Loan Term (Months)3.0 months4.0 months6.1 months6.1 months4.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component78.3%62.4%63.8%59.6%58.4%
Insurance Component0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component19.0%15.7%16.2%14.0%11.3%
Full APR (int fee ins tax dep)97.3%78.1%79.9%73.6%69.7%
Transparency Index3138384143
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Solidarity Group Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeBusinessLoan PurposeCETZAMInstitutionZM-005-V01-P03ProductZMCountry2011YearRange Number1Institution Data Version01,000,0002,000,0003,000,0004,000,000Loan Size (all)0%50%100%150%Full APR (int fee ins tax dep)> 60030030Number 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
Kaantabe Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.RurBankInstitution TypeBusinessLoan PurposeRB AngelesInstitutionPH-039-V01-P02ProductPHCountry2011YearRange Number1Institution Data Version020,00040,00060,00080,000100,000120,000Loan Size (all)0%20%40%60%80%100%Full APR (int fee ins tax dep)> 1009010Number 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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