Please note that the information you are viewing is 120 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Fondation pour le Development Local et le Partenariat Micro-Crédit Imm. Saraya, Angle Bd Riad et Av Alarz - Hay RiadRabat10100
Data approved: 2013-05-13
Data version: 1
Age of data: 120 months

Product

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Product Details

Key Statistics
Outstanding portfolio (MAD)MAD 48,562,564
Portfolio (USD)USD 5,713,242.82
Active Clients with Loans4,050
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Ce produit est destiné aux clients ayant une activité génératrice de revenu et les fonctionnaires souhaitant réaliser des travaux immobiliers.
Loan Purpose
Any purpose
Income generation
Mortgage/housingx
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
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
OtherFonctionnaires
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution9
# Regions for this product9
Regions ActiveTangier-Tétouan, East and the Rif, Fes-Meknes, Rabat-Sale-Kenitra, Beni Mellal-Khenifra, Settat-Casablanca, Marrakesh-Safi, Drâa-Tafilalt, Souss-Massa

Loan Conditions

Loan Amount
CurrencyMAD
Minimum loan sizeMAD 4,000
Maximum loan size30,000
Distribution at Disbursement (Est.)
Loans less than MAD 5,00010%
MAD 5,000-15,00040%
MAD 15,000-25,00030%
MAD 25,000-35,00020%
MAD 35,000-45,0000
Greater than MAD 45,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term30.0 months
Approx average23.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months10%
Between 13 and 18 months30%
Longer than 18 months60%
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 interest28.50%
Highest quoted nominal interest28.50%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionFrais de dossierFrais de Carnet
% of loan amount - min3.00%0
% of loan amount - max3.00%0
OR, Fixed amount - min010
Fixed amount - max010
Reason for variationN/AN/A
Appears on Repayment Sched?YesNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
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
MAD 50 membership fee for new clients + MAD 10 passbook fee (passbook is always kept by the client)

Full Pricing Data

Islah samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountMAD 5,000MAD 10,000MAD 20,000MAD 30,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2014-01-242014-01-172014-02-062014-02-21
Loan Term (Months)12.0 months18.0 months12.0 months30.0 months
Grace Period (Months)0.0 months0.0 months-0.1 months-0.1 months
Total Cost of CreditMAD 968MAD 2,730MAD 3,842MAD 13,210
True Price by Comp       
Interest price component28.4%28.4%28.5%28.3%
Fee Component6.3%4.3%6.1%2.7%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)34.7%32.7%34.6%31.0%
Transparency Index82878292
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Please note that the information you are viewing is 151 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Caritas Salve Credit Cooperative RM. 24 Caritas Bldg., Caritas Manila Compound2002 Jesus St., PandacanManila1011
Data approved: 2011-11-15
Data version: 1
Age of data: 151 months

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?Yes
Website addresshttp://www.caritas.org.ph/
Year established2006
Head of InstitutionFr. Mario Castillo CM
Regions active
# Branches19

Total Portfolio (nat'l)PhP 57,042,219.37
Total Portfolio (USD)USD 1,364,646.40
Active clients with loans12,142
Approximate % female clients80% - 100%
Approximate % urban clients80% - 100%
Network affiliationsCaritas Manila/United Church Cooperative, Metro South Cooperative Bank, Vincentian Family Multi-Purpose Cooperative, Caritas et labora Human Resource Cooperative
FundersCaritas Manila, Radyo Veritas, Bahay Pari MPC

Loan Products » Summary

659 Borrowers
USD 62,896.77 Portfolio
Active Product
693 Borrowers
USD 97,589.52 Portfolio
Active Product
9,551 Borrowers
USD 1,031,446.29 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Regular Loan - 11 weeks PHP 2,000 - 150,000 2.6 80% - 100% 80% - 100% Business Women, Men, Have business Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Life insurance, Values Formation
Regular Loan - 15 weeks PHP 2,000 - 150,000 3.5 80% - 100% 80% - 100% Business Women, Men, Have business Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Regular Loan - 23 weeks PHP 2,000 - 150,000 5.3 80% - 100% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Life insurance, Values Formation, Marketing Assistance, Business Development

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Regular Loan - 11 weeks 40.0% annual, Flat 1 Fee 1 Ins None 50.00 ongoing 103.1% 108.1% - 118.2% 36
Regular Loan - 15 weeks 37.6% annual, Flat 1 Fee 1 Ins None 50.00 ongoing 92.6% 96.4% - 111.7% 37
Regular Loan - 23 weeks 30.0% annual, Flat 1 Fee 1 Ins None 50.00 ongoing 71.8% 77.5% - 96.2% 36
Institution Price Graph
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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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