| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.fondeco.org/ |
| Year established | 1995 |
| Head of Institution | María Eugenia Moscoso |
| Regions active | Beni , Chuquisaca , Cochabamba , La Paz , Santa Cruz, Tarija |
| # Branches | 17 |
| Total Portfolio (nat'l) | BOB 165,584,807 |
| Total Portfolio (USD) | USD 24,531,082.52 |
| Active clients with loans | 14,200 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | INAFI, Grameen, FINRURAL |
| Funders |
| Institution Type | RurBank |
| Is this institution regulated? | Yes |
| Website address | http://www.firstmacrobank.com/ |
| Year established | 1960 |
| Head of Institution | Reggie Ocampo |
| Regions active | |
| # Branches | 8 |
| Total Portfolio (nat'l) | PhP 28,000,000 |
| Total Portfolio (USD) | USD 669,856.46 |
| Active clients with loans | 3,000 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | Rural Bankers Association of the Philippines, People's Credit and Finance Corporation |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fondos Comunales | BOB 500 - 15,000 | 1 - 12 | 60% - 80% | 40% - 60% | Any Purpose | Women, Men, Cada grupo deber estar compuesto por al menos 75% de mujeres | Credit Educ, Group Mtgs, Credit Ins, Other Training | |||||||
| Microcredito - USD | USD 500 - 105,000 | 3 - 60 | 0% - 20% | 0% - 20% | Business, Agriculture, Housing, Consumer | Women, Men | Credit Ins | |||||||
| Microcredito - BOB | BOB 3,500 - 735,000 | 3 - 84 | 0% - 20% | 0% - 20% | Business, Agriculture, Housing, Consumer, Education | Women, Men | Credit Ins |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sikap | PHP 5,000 - 15,000 | 5.8 | 80% - 100% | 40% - 60% | Business | Women, Must have net income of > P2000 per month | Credit Educ, Group Mtgs, Tech Asst Visits, Life insurance | |||||||
| Unlad | PHP 5,000 - 150,000 | 1 - 6 | 80% - 100% | 60% - 80% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fondos Comunales | 27.0%-32.0% annual, Decl Bal | 1 Fee | 0 Ins | None | 10.0%-15.0% upfront 15.00% ongoing | 34.5% - 36.2% | 41.6% - 55.9% | 56 | ||||||||
| Microcredito - USD | 13.0%-36.0% annual, Decl Bal | 1 Fee | 1 Ins | 15.00% Principal | N/A | 25.3% - 28.7% | 26% - 29.3% | 47 | ||||||||
| Microcredito - BOB | 13.0%-36.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 16.2% - 25.1% | 16.3% - 25.7% | 62 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sikap | 30.0% annual, Flat | 1 Fee | 1 Ins | 5.00% loan amt | 5.0% upfront 20.00 ongoing | 68.4% - 70.6% | 113.4% - 134.3% | 24 | ||||||||
| Unlad | 24.0%-36.0% annual, Flat | 2 Fees | 1 Ins | 0.50% loan amt | 10.00% ongoing | 77.5% - 85.5% | 92.7% - 102.3% | 25 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fondos Comunales | 27.0%-32.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 10.0%-15.0% upfront 15.00% ongoing | 34.5% - 36.2% | 41.6% - 55.9% | 56 | ||||||||
| Microcredito - USD | 13.0%-36.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 15.00% Principal | N/A | 25.3% - 28.7% | 26% - 29.3% | 47 | ||||||||
| Microcredito - BOB | 13.0%-36.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 16.2% - 25.1% | 16.3% - 25.7% | 62 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sikap | 30.0% annual, Flat | 1 Fee | 1 Ins Ins | 5.00% loan amt | 5.0% upfront 20.00 ongoing | 68.4% - 70.6% | 113.4% - 134.3% | 24 | ||||||||
| Unlad | 24.0%-36.0% annual, Flat | 2 Fees | 1 Ins Ins | 0.50% loan amt | 10.00% ongoing | 77.5% - 85.5% | 92.7% - 102.3% | 25 |
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