Please note that the information you are viewing is
123 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2010-10-28
Data version: 1
Age of data: - months
Key Statistics
| Outstanding portfolio (BOB) | BOB 17,848,094.55 |
| Portfolio (USD) | USD 2,605,561.25 |
| Active Clients with Loans | 8,048 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
Methodology
| Individual | |
| Solidarity group | |
| Village banking | x |
| Self help group | |
| Other | |
Description
Créditos a bancos comunales con un mínimo de 8 personas. Producto integrado a un componente de desarrollo humano. Area urbana.
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | x |
| Agriculture | |
| Education | x |
| Other household finance | x |
| Other | |
| Other (2) | |
Included Services
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | x |
| Other training | x |
| Other | Capacitación en componentes de prevención de salud |
| Other (2) | |
| No other services | |
Eligibility
| Men | |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | Pueden acceder hombres hasta un 10% del total del portafolio de clientes |
| Other (2) | El crédito servirá para iniciar un emprendimiento. |
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 | BOB |
| Minimum loan size | BOB 160 |
| Maximum loan size | 2,000 |
Loan Term and Grace Period
| Shortest loan term | 4.0 months |
| Longest loan term | 6.0 months |
| Approx average | 6.0 months |
Grace Period
| Grace period usage | 0 |
| Average grace period | 0 |
Repayment Frequency
| Daily | |
| Weekly | |
| Every 2 weeks | x |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments | |
Pricing Information
Interest
| Lowest quoted nominal interest | 24.00% |
| Highest quoted nominal interest | 24.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | N/A |
| Is rate fixed for entire loan term | Yes |
Upfront Fees
| Fee 1 |
|---|
| Description | Comisio por Desembolso |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | |
| Appears on Repayment Sched? | Yes |
Ongoing Fees
This product has no ongoing feesUpfront 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? | Yes |
Deposit BEFORE or AT Disbursement
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
Deposits DURING period payments
| % loan amount deposited | 20.00% - N/A |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | When Leaving |
Interest Paid on Deposit
| Minimum interest rate paid | 0.50% |
| Maximum interest rate paid | 1.00% |
| Interest payment frequency | End Term |
Taxes
| Are taxes charged on this product? | No |
Additional Comments
Crédito menor a Bs. 2, no necesita ahorro inicial
Full Pricing Data
Banca Comunal Urbano Rango 1 samples
| Sample 1 |
|---|
| Loan Amount | BOB 1,010.10 |
| Loan Cycle (1, 2, 3, etc) | 2 |
| Disbursement Date | 2010-04-06 |
| Loan Term (Months) | 5.1 months |
| Grace Period (Months) | 0 |
| Total Cost of Credit | Not Known |
| True Price by Comp | |
| Interest and Fee Component | 51.0% |
| Insurance Component | 0 |
| Tax Component | 0 |
| Deposit Component | 8.8% |
| Full APR (int fee ins tax dep) | 59.9% |
| Transparency Index | 40 |
| | |
| Original Repayment Schedule | PDF |
| MFT Pricing Calculation | PDF |
Banca Comunal Urbano Rango 1 Price Graphs
