Institution

ProMujer Bolivia Avenida Hernando Siles No 5411La Paz
Data approved: 2013-10-30
Data version: 2
Age of data: 122 months

Institution

CCT Credit Cooperative 5/F Joshua Center1428 Taft Avenue, ErmitaManila, NCR1000
Data approved: 2011-11-15
Data version: 1
Age of data: 150 months

Product

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Product

Growth Enterprise Loan Product 1 of 4 « Prev | Next »

Product Summary

100
PHP 51,000 - 700,000
6 - 12
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Values Development, Personal Counselling and Life Skills Training
10.0%-24.0% annual, Flat
1.00% upfront
None
None
30.0% upfront 100.00 ongoing
 
N/A
56.1% - 60.2% (Int+Fee)
0
0
109.8% - 121.5%
8 - 32
8

This institution provided data on this product on 2010-10-28 and the product was no longer active when they submitted data on 2013-10-30.

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 7,003,678
Portfolio (USD)USD 167,552.11
Active Clients with Loans100
Approximate % Female Clients60% - 80%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Growth Enterprise Loan
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other trainingx
OtherValues Development, Personal Counselling and Life Skills Training
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried worker
Must be specific age group
OtherMust be community resident for at least 5 years
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 51,000
Maximum loan size700,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average9.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest10.00%
Highest quoted nominal interest24.00%
Reason(s) why interest rate variesRepayment period: if 4-month period, interest rate is 10%; 6-month period is 14%; 9-month period is 20%; 12-month period is 24%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited30.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 100
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No
Additional Comments
The Growth Enterprise Loan Product requires collateral e.g. chattel mortgage or real estate.

Full Pricing Data

Growth Enterprise Loan samples
Sample 1Sample 2Sample 3
Loan AmountPHP 60,000PHP 100,000PHP 150,000
Loan Cycle (1, 2, 3, etc)22125
Disbursement Date2011-07-202011-07-212011-07-20
Loan Term (Months)9.0 months9.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component56.1%56.1%60.2%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component53.8%53.8%61.3%
Full APR (int fee ins tax dep)109.8%109.9%121.5%
Transparency Index998
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Growth Enterprise Loan Price Graphs


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
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