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Institution
Data approved: 2010-11-08
Data version: 1
Age of data: 169 months
Key Statistics
Outstanding portfolio (USD) | USD 175,901 |
Portfolio (USD) | USD 175,901 |
Active Clients with Loans | 932 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 40% - 60% |
Methodology
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other | |
Description
Pequenos creditos que se conceden a empleados publicos y privados con convenio de descueto a rol de pagos
Loan Purpose
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) | |
Included Services
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
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 | x |
Must be specific age group | |
Other | |
Other (2) | |
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 | USD |
Minimum loan size | USD 20 |
Maximum loan size | USD 305 |
Loan Term and Grace Period
Shortest loan term | 3.0 months |
Longest loan term | 3.0 months |
Approx average | 3.0 months |
Grace Period
Grace period usage | 0 |
Average grace period | 0 |
Repayment Frequency
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | x |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments | |
Pricing Information
Interest
Lowest quoted nominal interest | 12.90% |
Highest quoted nominal interest | 12.90% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Upfront Fees
This product has no upfront feesOngoing Fees
| Fee 1 |
---|
Description | Seguro de Desgravamen |
% of loan amount - min | 3.00% |
% of loan amount - max | 3.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Upfront Insurance Fees
This product has no upfront insurance feesOngoing 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 | 0 |
or, Fixed-amount deposited | 0 |
Deposits DURING period payments
% loan amount deposited | 1.00% |
or, Fixed-amount deposited | USD 2 |
Conditions on access to deposit | End Term |
Interest Paid on Deposit
Minimum interest rate paid | 3.00% |
Maximum interest rate paid | 3.00% |
Interest payment frequency | Monthly |
Taxes
Are taxes charged on this product? | No |
Additional Comments
Solo un pago, al vencimiento (los 3 meses)
Full Pricing Data
Anticipo de Sueldo samples
| Sample 1 |
---|
Loan Amount | USD 300 |
Loan Cycle (1, 2, 3, etc) | Not Known |
Disbursement Date | 2010-07-27 |
Loan Term (Months) | 4.0 months |
Grace Period (Months) | 0 |
Total Cost of Credit | Not Known |
True Price by Comp | |
Interest and Fee Component | 13.1% |
Insurance Component | 0.4% |
Tax Component | 0 |
Deposit Component | 0.1% |
Full APR (int fee ins tax dep) | 13.6% |
Transparency Index | 95 |
| |
Original Repayment Schedule | PDF |
MFT Pricing Calculation | PDF |
Anticipo de Sueldo Price Graphs