Fundación Fondo de Crédito Solidario - MFTransparency.org Truth In Lending Tables

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

Fundación Fondo de Crédito Solidario Calle Quintin Barrios Nº 768 (Plaza España - Sopocachi), MurilloLa Paz, Bolivia5603

Data approved: 2013-08-16

Data version: 2

Age of data: 123 months

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Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	http://www.peap-foncresol.org
Year established	1997
Head of Institution	Gustavo Diez de Medina Villarreal
Regions active	Chuquisaca , Cochabamba , La Paz , Potosí, Tarija
# Branches	5

Total Portfolio (nat'l)	BOB 64,620,579
Total Portfolio (USD)	USD 9,573,419.11
Active clients with loans	3,909
Approximate % female clients	60% - 80%
Approximate % urban clients	60% - 80%
Network affiliations	FINRURAL, INAFI - LA
Funders	MISEREOR, Programa Mundial de Alimentos - PMA, Obras Cardenal Leger - CLO, ACDI (Agencia Canadiense de Desarrollo Internacional)

Loan Products » Summary

Comunal

3,404 Borrowers

USD 1,285,406.06 Portfolio

Active Product

Individual

466 Borrowers

USD 8,032,746.36 Portfolio

Active Product

Solidario

39 Borrowers

USD 255,264.30 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 2,500 - 9,500		6 - 18		60% - 80%		0% - 20%		Business, Agriculture, Consumer		Women, Men, Have business		Credit Educ, Group Mtgs, Other Training, Insidencia Politica - Participación ciudadana, Derechos Humanos - Género
Individual		USD 100 - 15,000		6 - 60		40% - 60%		60% - 80%		Business, Agriculture, Consumer		Women, Men, Have business

Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
Banca Comunal		24.0% annual, Decl Bal		0 Fees		1 Ins		None		6.00% ongoing		23.8% - 24%		30.3% - 30.6%		79
Individual		9.0%-18.0% annual, Decl Bal		0 Fees		1 Ins		None		N/A		18.1% - 18.9%		18.7% - 18.9%		48

Institution Price Graph

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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

Rangtay sa Pagrang-ay, Inc. 4th Floor Manongdo Bldg.17 Private Road, Magsaysay Ave.Baguio City2600

Data approved: 2011-11-15

Data version: 1

Age of data: 151 months

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Product

Livestock Loan Product 3 of 4 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (PHP)	PHP 5,376,605.87
Portfolio (USD)	USD 128,626.93
Active Clients with Loans	160
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	0% - 20%

Methodology

Individual	x
Solidarity group	x
Village banking
Self help group
Other

Description

For livestock (piggery, goats, poultry) activities

Loan Purpose

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

Included Services

Credit education	x
Group meetings	x
Credit insurance	x
Workplace visits	x
Business training	x
Other training
Other	Values Formation
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business
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	PHP
Minimum loan size	PHP 5,000
Maximum loan size	15,000

Loan Term and Grace Period

Shortest loan term	4.0 months
Longest loan term	6.0 months
Approx average	4.0 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	3.00%
Highest quoted nominal interest	3.00%
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Loan Service Fee
% of loan amount - min	3.00%
% of loan amount - max	3.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Loan Redemption Fee
% of loan amount - min	2.00%
% of loan amount - max	2.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	Yes
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	5.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	PHP 200
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	2.00%
Maximum interest rate paid	4.00%
Interest payment frequency	Quarterly

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Additional Comments

Quarterly payment of interest on savings (2% for 1st - 3rd loan cycle, 4% for 4th cycle up); Life insurance not required for those with existing group loan; weekly repayment of interest and savings, lump sum payment of principal at end of term

Full Pricing Data

Livestock Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	PHP 7,000	PHP 8,000	PHP 14,000	PHP 14,000
Loan Cycle (1, 2, 3, etc)	1	10	3	Not Known
Disbursement Date	2011-04-20	2011-03-30	2011-02-17	2011-03-17
Loan Term (Months)	4.0 months	4.0 months	4.0 months	4.0 months
Grace Period (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
True Price by Comp
Interest and Fee Component	45.0%	46.1%	46.5%	44.6%
Insurance Component	6.7%	6.8%	10.5%	6.6%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	5.2%	4.8%	4.4%	3.9%
Full APR (int fee ins tax dep)	57.0%	57.7%	61.4%	55.1%
Transparency Index	63	62	59	65

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

Livestock Loan 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

	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

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

Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » Pricing Information

Institution Price Graph

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Loan Term and Grace Period

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Additional Comments

Full Pricing Data

Livestock Loan samples

Livestock Loan Price Graphs

Total Borrowers of Samples

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