Please note that the information you are viewing is 122 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Banco Fortaleza Sociedad Anónima Av. Arce No, 2799 esq. CorderoLa Paz, Bolivia
Data approved: 2013-09-23
Data version: 2
Age of data: 122 months
Choose version

Product

Crédito de Consumo Product 11 of 13 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 97,492,666
Portfolio (USD)USD 14,443,357.93
Active Clients with Loans2,546
Approximate % Female Clients20% - 40%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Es un prestamo de libre disponibilidad
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
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 workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution6
# Regions for this product6
Regions ActiveChuquisaca , Cochabamba , La Paz , Oruro , Santa Cruz, Tarija

Loan Conditions

Loan Amount
CurrencyBOB
Minimum loan sizeBOB 16,000
Maximum loan size600,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,0000
BOB 10,000-40,00030%
BOB 40,000-70,00050%
BOB 70,000-100,0005%
BOB 100,000-125,0005%
Greater than BOB 125,0005%
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term152.0 months
Approx average52.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months100%
Grace Period
Grace period usage0
Average grace period0
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

Pricing Information

Interest
Lowest quoted nominal interest1.42%
Highest quoted nominal interest2.29%
Reason(s) why interest rate variesCollateral
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termNo
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
Ins 1
DescriptionSeguro de desgravamen
% of loan amount - min1.40%
% of loan amount - max1.46%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationLa comisión es 0.07% mensual que aplica al saldo del principal del préstamo pendiente.
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Crédito de Consumo samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountBOB 21,000BOB 30,000BOB 42,000BOB 43,000BOB 55,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-09-182013-09-182014-01-082014-01-082014-01-08
Loan Term (Months)36.0 months36.0 months36.0 months36.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditBOB 6,626.53BOB 14,820.68BOB 12,495.25BOB 16,734.28BOB 26,637.62
True Price by Comp         
Interest price component18.1%27.6%17.1%22.1%27.1%
Fee Component0.0%0.0%0.0%0.0%0.0%
Insurance Component0.9%0.8%0.9%0.8%0.8%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)19.0%28.4%18.0%22.9%27.9%
Transparency Index100100100100100
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Crédito de Consumo Price Graphs


Please note that the information you are viewing is 122 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: 122 months

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

112,789 Borrowers
USD 50,605,697.63 Portfolio
Active Product
2,615 Borrowers
USD 7,958,924 Portfolio
Active Product
18,879 Borrowers
USD 47,475,532.15 Portfolio
Active Product
4,627 Borrowers
USD 14,604,213.93 Portfolio
Active Product
756 Borrowers
USD 3,540,515 Portfolio
Active Product
809 Borrowers
USD 936,721.93 Portfolio
Active Product
419 Borrowers
USD 1,352,590.37 Portfolio
Active Product
25,920 Borrowers
USD 7,906,821.93 Portfolio
Active Product
57 Borrowers
USD 96,389.78 Portfolio
Active Product
29 Borrowers
USD 54,848 Portfolio
Low Volume Product
4 Borrowers
USD 15,215 Portfolio
Low Volume Product
36 Borrowers
USD 19,252.15 Portfolio
Low Volume Product
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
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
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to