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Institution

San Miguel de los Bancos AV. 17 DE JULIO Y JAIME ROLDOSSAN MIGUEL DE LOS BANCOSPichincha
Data approved: 2011-02-09
Data version: 1
Age of data: 107 months

Product

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Product Details

Key Statistics
Outstanding portfolio (USD)USD 1,107,861.69
Portfolio (USD)USD 1,107,861.69
Active Clients with Loans359
Approximate % Female Clients20% - 40%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
OTORGADOS A MICROEMPRERSARIOS PEQUEÑOS Y MEDIANOS PARA CAPITAL DE TRABAJO, DESTINADOS A FINANCIAR ACTIVIDADES DE PEQUEÑA Y MEDIANA ESCALA PARA INVERSIÓN, PRODUCCIÓN O COMERCIZALIZACIÓN.
Loan Purpose
Any purpose
Income generationx
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 businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherDEPENDE DEL MONTO PRESENTA COPIAS DEL BIEN INMUEBLE.
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 250
Maximum loan size17,000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term56.0 months
Approx average42.0 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 interest20.00%
Highest quoted nominal interest26.90%
Reason(s) why interest rate variesLoan Size
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 DESGRAVAMEN DE DOS CABEZAS SOBRE EL MONTO DEL CREDITO DISTRIBUIDO EN CADA CUOTA
% of loan amount - min6.00%
% of loan amount - max6.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
ESTE TIPO DE CREDITO ES UTILIZADO PARA INCREMENTAR EL CAPITAL DEL NEGOCIO DE TODA ACTIVIDAD MICROPRODUCTIVA

Full Pricing Data

Microcreditos samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountUSD 400USD 1,000USD 4,000USD 8,000USD 12,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2010-10-162010-09-142010-09-242010-09-172010-09-23
Loan Term (Months)1.0 month12.0 months27.0 months35.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component27.3%27.3%22.3%22.4%23.2%
Insurance Component0.7%0.7%0.7%0.7%0.7%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)28.0%28.0%23.1%23.1%23.9%
Transparency Index7272878784
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Microcreditos Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
ACLEDA235,200215,086,0006107
AMK288,20063,784,0001679
AMRET299,500149,542,000879
Chamroeun48,1007,480,000459
Farmer Finance200407,000179
First Finance5005,819,000179
HKL73,40093,842,000379
KREDIT61,80059,319,000979
Maxima2,9003,179,000379
PRASAC138,500251,931,000979
Seilanithih15,2007,516,000579
SPN35,10029,828,000679
TPC120,00045,931,0001379
VF Cambodia148,60048,984,0001879
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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