Please note that the information you are viewing is 110 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Cooperativa de Ahorro y Credito Congente cra 33a 38-39 Barrio CentroVillavicencio, META
Data approved: 2011-03-24
Data version: 1
Age of data: 110 months

Product

CONSUMO LIBRE INVERSION COLI Product 1 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (COP)COP 36,113,365,713
Portfolio (USD)USD 19,842,508.63
Active Clients with Loans5,279
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Credito que satisface las necesidades de nuestros asociados con libre destinacion, de facil acceso.
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 worker
Must be specific age group
OtherDebe ser asociado de la Cooperativa con Ahorros
Other (2)Debe tener capacidad de endeudamiento
# 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
CurrencyCOP
Minimum loan sizeCOP 100,000
Maximum loan size100,000,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term72.0 months
Approx average36.0 months
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 interest21.20%
Highest quoted nominal interest21.20%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
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 vida
% of loan amount - min10.00%
% of loan amount - max10.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationdeudores que cubre el saldo del capital del credito en caso de muerte o incapacidad total y permanente
Appears on Repayment Sched?Yes
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 deposited2.50%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedCOP 5,000
Conditions on access to depositWhen Leaving
Interest Paid on Deposit
Minimum interest rate paid1.80%
Maximum interest rate paid1.80%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?No
Additional Comments
Al cliente se le presta 4 veces el monto que tienen ahorrado en aportes sociales, por lo cual tales aportes estan vinculados al prestamo y han de considerarse ahorros obligatorios a nuestros efectos.

Full Pricing Data

CONSUMO LIBRE INVERSION COLI samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountCOP 1,200,000COP 3,000,000COP 5,000,000COP 13,000,000COP 29,000,000COP 40,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-03-122011-03-102011-03-052011-03-082011-03-092011-03-14
Loan Term (Months)9.0 months36.0 months36.0 months59.0 months72.0 months72.0 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 Component15.5%19.3%19.3%19.4%15.6%15.6%
Insurance Component1.1%1.2%1.2%1.3%1.2%1.2%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.9%1.8%1.4%1.1%0.8%0.7%
Full APR (int fee ins tax dep)17.5%22.3%21.9%21.8%17.5%17.5%
Transparency Index100959797100100
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
CONSUMO LIBRE INVERSION COLI Price Graphs


Please note that the information you are viewing is 110 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Corporación Accion por el Quindio "Actuar Famiempresas" Calle 16 Nº 13 - 13Armenia, Quindio
Data approved: 2011-08-01
Data version: 1
Age of data: 110 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.actuarquindio.org/
Year established1989
Head of InstitutionLuis Gabriel Duque Restrepo
Regions active
# Branches1

Total Portfolio (nat'l)COP 5,097,204,694
Total Portfolio (USD)USD 2,800,661.92
Active clients with loans2,361
Approximate % female clients40% - 60%
Approximate % urban clients60% - 80%
Network affiliations
Funders

Loan Products » Summary

351 Borrowers
USD 420,099.29 Portfolio
Active Product
2,010 Borrowers
USD 2,380,562.63 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Activos Fijos COP 1,000,000 - 61,800,000 6 - 36 20% - 40% 20% - 40% Business, Housing, Activos Fijos Women, Men, Have business Credit Ins, Tech Asst Visits, Business Training, Other Training, Acompañamiento en los procesos de comercialización
Capital de Trabajo COP 1,000,000 - 61,800,000 6 - 36 60% - 80% 60% - 80% Business, Capital de Trabajo Women, Men, Have business Credit Ins, Tech Asst Visits, Business Training, Other Training, Acompañamiento en los procesos de comercialización

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Activos Fijos 29.4% annual, Decl Bal 1 Fee 1 Ins None N/A 19.8% - 36.7% 20.3% - 37.3% 100
Capital de Trabajo 29.4% annual, Decl Bal 1 Fee 1 Ins None N/A 20% - 21.3% 20.6% - 21.9% 100
Institution Price Graph
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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