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Institution

COAC San José San Jose de Chimbo, calle Chimborazo 536 y 3 de MarzoCanton Chimbo, Provincia Bolivar
Data approved: 2010-11-08
Data version: 1
Age of data: 114 months

Product

Anticipo de Sueldo Product 1 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 175,901
Portfolio (USD)USD 175,901
Active Clients with Loans932
Approximate % Female Clients0% - 20%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
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 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 workerx
Must be specific age group
Other
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
CurrencyUSD
Minimum loan sizeUSD 20
Maximum loan sizeUSD 305
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term3.0 months
Approx average3.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest12.90%
Highest quoted nominal interest12.90%
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
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited1.00%
or, Fixed-amount depositedUSD 2
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyMonthly
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 AmountUSD 300
Loan Cycle (1, 2, 3, etc)Not Known
Disbursement Date2010-07-27
Loan Term (Months)4.0 months
Grace Period (Months)0
Total Cost of CreditNot Known
True Price by Comp 
Interest and Fee Component13.1%
Insurance Component0.4%
Tax Component0
Deposit Component0.1%
Full APR (int fee ins tax dep)13.6%
Transparency Index95
  
Original Repayment SchedulePDF
MFT Pricing CalculationPDF
Anticipo de Sueldo Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
ACLEDA235,200215,086,0006111
AMK288,20063,784,0001683
AMRET299,500149,542,000883
Chamroeun48,1007,480,000463
Farmer Finance200407,000183
First Finance5005,819,000183
HKL73,40093,842,000383
KREDIT61,80059,319,000983
Maxima2,9003,179,000383
PRASAC138,500251,931,000983
Seilanithih15,2007,516,000583
SPN35,10029,828,000683
TPC120,00045,931,0001383
VF Cambodia148,60048,984,0001883
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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