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Institution

First Macro Bank B. Morcilla cor. P. Herrera Sts.Pateros, Metro Manila1621
Data approved: 2011-11-15
Data version: 1
Age of data: 99 months

Institution Details

Institution TypeRurBank
Is this institution regulated?Yes
Website addresshttp://www.firstmacrobank.com/
Year established1960
Head of InstitutionReggie Ocampo
Regions active
# Branches8

Total Portfolio (nat'l)PhP 28,000,000
Total Portfolio (USD)USD 669,856.46
Active clients with loans3,000
Approximate % female clients80% - 100%
Approximate % urban clients60% - 80%
Network affiliationsRural Bankers Association of the Philippines, People's Credit and Finance Corporation
Funders

Loan Products » Summary

1,250 Borrowers
USD 112,440.19 Portfolio
Active Product
1,500 Borrowers
USD 598,086.12 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Sikap PHP 5,000 - 15,000 5.8 80% - 100% 40% - 60% Business Women, Must have net income of > P2000 per month Credit Educ, Group Mtgs, Tech Asst Visits, Life insurance
Unlad PHP 5,000 - 150,000 1 - 6 80% - 100% 60% - 80% Business Women, Men, Have business Credit Ins, Tech Asst Visits

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Sikap 30.0% annual, Flat 1 Fee 1 Ins 5.00% loan amt 5.0% upfront 20.00 ongoing 68.4% - 70.6% 113.4% - 134.3% 24
Unlad 24.0%-36.0% annual, Flat 2 Fees 1 Ins 0.50% loan amt 10.00% ongoing 77.5% - 85.5% 92.7% - 102.3% 25
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AGFS20047,000298
Ahantaman RB23,8009,896,000480
APED13,7001,876,000280
ASA Initiative4,400577,000480
ASA-Ghana71,60018,385,000280
ASPI80088,000680
Atwima Kwanwoma3,8001,788,000280
Baobab5,100967,000280
BestFUND13,0004,172,000380
Bonzali Rural10,4001,691,000498
CashPhase83135,000280
CASUD1,100524,000180
CEDEF50054,000480
CFF10013,000180
CRAN3,6001,019,000280
DQF1,70063,000280
EASL9,20011,409,000680
East Mamprusi12,5002,268,000480
ELDA00080
EMPRETEC Ghana20056,000280
FASL13,50014,047,000880
Grameen Ghana9,500507,000380
ID-Ghana5,600953,000380
Innovative Finance2,700354,000380
Kraban Support7,700781,000598
KRB4,0006,350,000380
Lower Pra RB34,0006,316,000398
Maata-N-Tudu12,000941,000480
Mail Finance300288,000180
Markaz00080
Markaz Al Bishara10017,000180
MicrofinPlus Gh1,100251,000280
Nwabiagya RB4,0002,265,000380
OISL62,00027,232,000980
Pro Credit00080
Rich Step100101,000180
SAT147,60029,359,000480
Sekam Trust600137,000280
Simli Pong8,900463,000398
SS Ghana20035,000180
TCCU10032,000380
The Bridge40032,000398
Union RB3,8002,361,000480
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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