BancoSol S.A. - Sol Individual (Tasa Fija) - MFTransparency.org Truth In Lending Tables

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Institution

BancoSol S.A. Calle Nicolás Acosta NÂº 289La Paz13176

Data approved: 2010-11-08

Data version: 1

Age of data: - months

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Product

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Product Details

Key Statistics

Outstanding portfolio (BOB)	BOB 1,120,068,899
Portfolio (USD)	USD 163,513,707.90
Active Clients with Loans	60,623
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Crédito destinado al financiamiento de las necesidades de capital de inversión o capital de operación para, actividades productivas, comerciales y de servicios.

Loan Purpose

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

Included Services

Credit education
Group meetings
Credit insurance	x
Workplace visits
Business training
Other training
Other	La tasa cobrada al cliente le permite gozar de un seguro de desgravamen.
Other (2)	BANCOSOL paga la prima correspondiente, sin que la misma sea reembolsada por el cliente.
No other services

Eligibility

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)

# 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	BOB
Minimum loan size	BOB 348.50
Maximum loan size	1,742,500

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	96.0 months
Approx average	34.0 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	17.00%
Highest quoted nominal interest	24.00%
Reason(s) why interest rate varies	Loan Size, Collateral, Plazo
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	N/A
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

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/A
Is deposit indicated on the repayment schedule?	N/A
Do borrowers control deposit in their group?	N/A

Deposit BEFORE or AT Disbursement

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Sol Individual (Tasa Fija) samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5	Sample 6
Loan Amount	BOB 3,000	BOB 7,000	BOB 14,000	BOB 28,000	BOB 56,000	BOB 80,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2010-05-11	2010-05-20	2010-05-19	2010-05-20	2010-05-13	2010-05-25
Loan Term (Months)	12.0 months	24.0 months	30.0 months	36.0 months	48.0 months	59.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	24.3%	24.3%	24.3%	22.3%	19.3%	19.3%
Insurance Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	24.3%	24.3%	24.3%	22.3%	19.3%	19.3%
Transparency Index	70	70	70	76	88	88

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

Sol Individual (Tasa Fija) Price Graphs

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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

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