Institution

FUNDESAN BucaramangaBucaramanga
Data approved: 2011-08-01
Data version: 1
Age of data: 160 months

Institution

Simbag sa Pag-Asenso, Inc. 3/F SAC Building, Cathedral CompoundAlbay DistrictLegazpi City4500
Data approved: 2011-11-15
Data version: 1
Age of data: 151 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.fundesan.org/
Year established1974
Head of InstitutionJORGE ALBERTO GIL ORDOÑEZ
Regions active
# Branches2

Total Portfolio (nat'l)COP 5,000,000,000
Total Portfolio (USD)USD 2,747,252.75
Active clients with loans2,800
Approximate % female clients40% - 60%
Approximate % urban clients60% - 80%
Network affiliations
Funders

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.simbag.org/
Year established1994
Head of InstitutionRemegia L. Balucio
Regions active
# Branches18

Total Portfolio (nat'l)PhP 205,575,411
Total Portfolio (USD)USD 4,918,072.03
Active clients with loans26,942
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliationsPeople's Credit and Fiannce Corporation
FundersManos Unidas

Loan Products » Summary

500 Borrowers
USD 343,406.59 Portfolio
Active Product
1,400 Borrowers
USD 989,010.99 Portfolio
Active Product
100 Borrowers
USD 337,142.86 Portfolio
Active Product
200 Borrowers
USD 302,197.80 Portfolio
Active Product
200 Borrowers
USD 549,450.55 Portfolio
Active Product

Loan Products » Summary

4,828 Borrowers
USD 505,519.88 Portfolio
Active Product
21,517 Borrowers
USD 3,358,047.61 Portfolio
Active Product
722 Borrowers
USD 50,541.96 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
MICROEMPRESARIALES EN EL MUNICIPIO DE PIEDECUESTA COP 300,000 - 2,000,000 3 - 24 60% - 80% 40% - 60% Education Women, Men, Have business Credit Educ, Credit Ins, Tech Asst Visits
CREDITOS PARA TODOS IMEBU COP 300,000 - 7,000,000 3 - 36 60% - 80% 60% - 80% Business Women, Men, Have business Credit Educ, Credit Ins, Tech Asst Visits
Créditos superiores COP 3,000,000 - 20,000,000 12 - 36 20% - 40% 80% - 100% Business Women, Men Credit Educ, Credit Ins, Tech Asst Visits
HACIENDA PRODUCTIVA COP 2,000,000 - 7,000,000 12 - 36 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, Credit Ins, Tech Asst Visits
IDESAN APOYA A LAS MIPYMES EN SANTANDER COP 2,000,000 - 20,000,000 12 - 48 40% - 60% 60% - 80% Business Women, Men, Have business

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Balay Asenso PHP 1,000 - 20,000 5 - 10 80% - 100% 20% - 40% Housing Women, Men, Have business, Have home or land, Member for > 6 months, At least on the 2nd cycle of regular loan Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training
Productive Loan PHP 1,000 - 150,000 2 - 10 80% - 100% 20% - 40% Business Women, Men Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training, Advocacy & scholarship program; Social Services, Spiritual & Formation Activities, Enterprise Development & Services, Calamity Relief Assistance
Sagip Asenso PHP 1,000 - 10,000 5 80% - 100% 20% - 40% Business Women, Men, Have business, Member for > 6 months, At least on the 2nd cycle of regular loan Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
MICROEMPRESARIALES EN EL MUNICIPIO DE PIEDECUESTA 12.0% annual, Decl Bal 1 Fee 2 Ins None N/A 16.6% - 21.1% 18.8% - 26.1% 53
CREDITOS PARA TODOS IMEBU 20.4% annual, Decl Bal 1 Fee 3 Ins None N/A 20.5% - 23.8% 21.8% - 27% 86
Créditos superiores 18.0% annual, Decl Bal 1 Fee 3 Ins None N/A 19.1% - 19.6% 20.2% - 21.2% 87
HACIENDA PRODUCTIVA 15.0% annual, Decl Bal 1 Fee 2 Ins None N/A 18.2% - 19.8% 19.5% - 21.2% 74
IDESAN APOYA A LAS MIPYMES EN SANTANDER 21.0% annual, Decl Bal 1 Fee 2 Ins None N/A 22.5% - 24.3% 23.5% - 25.8% 84

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Balay Asenso 24.0% annual, Flat 1 Fee 2 Ins None 5.0% upfront 10.00 ongoing 57.4% - 71.3% 69.8% - 94.1% 29
Productive Loan 24.0% annual, Flat 1 Fee 2 Ins None 5.0% upfront 10.00 ongoing 57.4% - 67.6% 75.4% - 163.5% 25
Sagip Asenso 24.0% annual, Flat 1 Fee 2 Ins None 5.0% upfront 10.00 ongoing 64.1% - 72.7% 82.2% - 96% 28

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
MICROEMPRESARIALES EN EL MUNICIPIO DE PIEDECUESTA 12.0% annual, Decl Bal 1 Fee 2 Ins Ins None N/A 16.6% - 21.1% 18.8% - 26.1% 53
CREDITOS PARA TODOS IMEBU 20.4% annual, Decl Bal 1 Fee 3 Ins Ins None N/A 20.5% - 23.8% 21.8% - 27% 86
Créditos superiores 18.0% annual, Decl Bal 1 Fee 3 Ins Ins None N/A 19.1% - 19.6% 20.2% - 21.2% 87
HACIENDA PRODUCTIVA 15.0% annual, Decl Bal 1 Fee 2 Ins Ins None N/A 18.2% - 19.8% 19.5% - 21.2% 74
IDESAN APOYA A LAS MIPYMES EN SANTANDER 21.0% annual, Decl Bal 1 Fee 2 Ins Ins None N/A 22.5% - 24.3% 23.5% - 25.8% 84

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Balay Asenso 24.0% annual, Flat 1 Fee 2 Ins Ins None 5.0% upfront 10.00 ongoing 57.4% - 71.3% 69.8% - 94.1% 29
Productive Loan 24.0% annual, Flat 1 Fee 2 Ins Ins None 5.0% upfront 10.00 ongoing 57.4% - 67.6% 75.4% - 163.5% 25
Sagip Asenso 24.0% annual, Flat 1 Fee 2 Ins Ins None 5.0% upfront 10.00 ongoing 64.1% - 72.7% 82.2% - 96% 28
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