2. CRECER
Please note that the information you are viewing is 123 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Crédito con Educación Rural Calle Demetrio Canelas Nro. 27 entre calles 16 y 17 de Obrajes, MurilloLa Paz, Bolivia13748
Data approved: 2013-08-15
Data version: 3
Age of data: 123 months
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Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.crecer.org.bo/
Year established1999
Head of InstitutionJosé Auad Lema
Regions activeBeni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija
# Branches9

Total Portfolio (nat'l)BOB 910,004,033.70
Total Portfolio (USD)USD 134,815,412.40
Active clients with loans167,043
Approximate % female clients80% - 100%
Approximate % urban clients40% - 60%
Network affiliationsFINRURAL, FOROLAC, PROCOSI
Funders

Loan Products » Summary

Comunal
112,789 Borrowers
USD 50,605,697.63 Portfolio
Active Product
Indiv USD
2,615 Borrowers
USD 7,958,924 Portfolio
Active Product
Indiv BOB
18,879 Borrowers
USD 47,475,532.15 Portfolio
Active Product
Agro BOB
4,627 Borrowers
USD 14,604,213.93 Portfolio
Active Product
Agro USD
756 Borrowers
USD 3,540,515 Portfolio
Active Product
Consumo BOB
809 Borrowers
USD 936,721.93 Portfolio
Active Product
Vivienda BOB
419 Borrowers
USD 1,352,590.37 Portfolio
Active Product
Oportuno BOB
25,920 Borrowers
USD 7,906,821.93 Portfolio
Active Product
Personal BOB
57 Borrowers
USD 96,389.78 Portfolio
Active Product
Consumo USD
29 Borrowers
USD 54,848 Portfolio
Low Volume Product
Vivienda USD
4 Borrowers
USD 15,215 Portfolio
Low Volume Product
Salud BOB
36 Borrowers
USD 19,252.15 Portfolio
Low Volume Product
Personal USD
27 Borrowers
USD 59,331 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Banca Comunal BOB 100 - 15,000 5.3 - 11.3 80% - 100% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training, Servicios de Salud a través de alianzas estratégicas
Credito Individual - USD USD 100 - 10,000 13 - 80.53 60% - 80% 40% - 60% Business, Housing, Education, Other Women, Men, Have business Credit Educ, Credit Ins, Business Training, Other Training
Credito Individual - BOB BOB 700 - 70,000 3.03 - 87.8 80% - 100% 40% - 60% Business, Housing, Education, Other Women, Men, Have business Credit Educ, Credit Ins, Business Training, Other Training, Capacitación en temas de salud
Crédito Agropecuario - BOB BOB 700 - 70,000 4.6 - 83.13 20% - 40% 0% - 20% Business, Agriculture, Other Women, Men, Have business Credit Educ, Credit Ins
Crédito Agropecuario - USD USD 100 - 10,000 10.7 - 71.3 20% - 40% 0% - 20% Business, Agriculture, Other Women, Men, Have business Credit Educ, Credit Ins
Crédito para Consumo - BOB BOB 700 - 70,000 3.4 - 61.2 0% - 20% 40% - 60% Consumer, Other Women, Men, Have business, Salaried worker Credit Educ, Credit Ins
Crédito para Vivienda - BOB BOB 700 - 70,000 5 - 49.7 40% - 60% 40% - 60% Housing, Other Women, Men, Have business, Salaried worker Credit Educ, Credit Ins
Crédito Oportuno BOB 500 - 3,000 0.7 - 16.9 80% - 100% 40% - 60% Any Purpose Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training
Crédito al Personal - BOB BOB 700 - 35,000 18.6 - 37.2 40% - 60% 40% - 60% Other Women, Men, Salaried worker Credit Educ, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Banca Comunal 34.0%-36.0% annual, Decl Bal 0 Fees 0 Ins None 10.0% upfront 20.00% ongoing 36% 50.6% - 51.4% 66
Credito Individual - USD 16.0%-24.0% annual, Decl Bal 0 Fees 0 Ins None N/A 16.3% - 22.4% 16.3% - 22.4% 82
Credito Individual - BOB 12.0%-24.0% annual, Decl Bal 0 Fees 0 Ins None N/A 17.4% - 23.7% 17.4% - 23.7% 62
Crédito Agropecuario - BOB 18.0%-24.0% annual, Decl Bal 0 Fees 0 Ins None N/A 18.4% - 24.6% 18.4% - 24.6% 87
Crédito Agropecuario - USD 18.0%-24.0% annual, Decl Bal 0 Fees 0 Ins None N/A 19.1% - 23.4% 19.1% - 23.4% 86
Crédito para Consumo - BOB 19.0%-30.0% annual, Decl Bal 0 Fees 0 Ins None N/A 20.4% - 27.5% 20.4% - 27.5% 75
Crédito para Vivienda - BOB 19.0% annual, Decl Bal 0 Fees 0 Ins None N/A 18.8% - 19.4% 18.8% - 19.4% 99
Crédito Oportuno 32.1% annual, Decl Bal 0 Fees 0 Ins None N/A 32.6% - 32.7% 32.6% - 32.7% 98
Crédito al Personal - BOB 12.0% annual, Decl Bal 0 Fees 0 Ins None N/A 0% 0% N/A
Institution Price Graph
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  2. 1st Valley Bank
Please note that the information you are viewing is 151 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

1st Valley Bank, Inc. A Rural Bank Vamenta Blvd. corner Lirio St.CarmenCagayan de Oro City, Misamis Oriental8000
Data approved: 2011-11-23
Data version: 1
Age of data: 151 months

Product

Microfinance Loan Product 3 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 47,613,749
Portfolio (USD)USD 1,139,084.90
Active Clients with Loans4,702
Approximate % Female Clients80% - 100%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help groupx
Other
Description
This is an affordable credit program for micro-entrepreneurs to provide short term additional capital and to help them expand their present business activities & facilitate acquisition of fixed assets; farm expenses and house repairs.
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visitsx
Business training
Other training
Other
Other (2)
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 groupx
Other18-65 years old
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
CurrencyPHP
Minimum loan sizePHP 3,000
Maximum loan size150,000
Loan Term and Grace Period
Shortest loan term0.9 months
Longest loan term12.0 months
Approx average4.9 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeksx
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

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 1Fee 2
DescriptionService ChargeNotarial Fee
% of loan amount - min3.00%0
% of loan amount - max4.00%0
OR, Fixed amount - min030
Fixed amount - max050
Reason for variationif term is 1-3months: 3%; if term is 4-6 months: 4%P30 for loans <P10,000; P50 for loans P10,000-P150,000
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance
% of loan amount - min1.00%
% of loan amount - max1.00%
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?
Deposit BEFORE or AT Disbursement
% loan amount deposited5.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 10
Conditions on access to depositFinal Pmt
Interest Paid on Deposit
Minimum interest rate paid1.50%
Maximum interest rate paid1.50%
Interest payment frequencyQuarterly
Taxes
Are taxes charged on this product?No
Additional Comments
Interest payment frequency is quarterly. Savings component is added to client's weekly amortization of principal & interest

Full Pricing Data

Microfinance Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountPHP 3,500PHP 8,000PHP 15,000PHP 30,000PHP 60,000PHP 90,000
Loan Cycle (1, 2, 3, etc)Not Known22Not KnownNot KnownNot Known
Disbursement Date2011-07-042011-06-282011-06-282011-07-012011-06-242011-06-20
Loan Term (Months)2.1 months3.0 months3.0 months3.0 months6.1 months6.1 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 Component96.4%78.9%78.9%78.9%68.6%68.6%
Insurance Component11.4%8.1%8.1%8.1%4.3%4.3%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component13.0%9.9%9.2%8.9%7.3%7.2%
Full APR (int fee ins tax dep)120.9%96.9%96.2%95.9%80.3%80.2%
Transparency Index253131313737
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Microfinance Loan Price Graphs


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