Please note that the information you are viewing is 150 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Maranding Women Investors Multipurpose Cooperative 2nd Floor, Fabian Flores Cultural CenterMarandingLala, Lanao del Norte/Region X9211
Data approved: 2011-12-07
Data version: 1
Age of data: 150 months

Product

Life Protection Loan Product 3 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 1,863,000
Portfolio (USD)USD 44,569.38
Active Clients with Loans2,400
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
For members who want to avail of life insurance
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherLife Insurance
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visitsx
Business trainingx
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 worker
Must be specific age groupx
Other18-64 y.o
Other (2)CI/BI
# 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
CurrencyPHP
Minimum loan sizePHP 1,380
Maximum loan size1,380
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term8.0 months
Approx average8.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Dailyx
Weeklyx
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 interest1.50%
Highest quoted nominal interest1.50%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionService ChargeNotarial Fee
% of loan amount - min3.00%0
% of loan amount - max3.00%0
OR, Fixed amount - min0100
Fixed amount - max0100
Reason for variationN/A
Appears on Repayment Sched?NoNo
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount depositedPHP 100
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyQuarterly
Taxes
Are taxes charged on this product?No
Additional Comments
Savings (Prior) : PHP 1 CBU

Full Pricing Data

Life Protection Loan samples
Sample 1Sample 2Sample 3
Loan AmountPHP 1,380PHP 1,380PHP 1,380
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-07-142011-05-162011-07-06
Loan Term (Months)8.0 months8.0 months8.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component34.1%34.1%34.1%
Insurance Component5.1%5.1%5.1%
Tax Component0.0%0.0%0.0%
Deposit Component6.1%6.1%6.1%
Full APR (int fee ins tax dep)45.2%45.2%45.2%
Transparency Index404040
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Life Protection Loan Price Graphs


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

Rural Bank of Angeles Miranda St. cor. Sto. EntierroAngeles City, Pampanga2009
Data approved: 2011-11-15
Data version: 1
Age of data: 151 months

Institution Details

Institution TypeRurBank
Is this institution regulated?Yes
Website addressN/A
Year established2009
Head of InstitutionRojo D. Fernandez
Regions active
# Branches5

Total Portfolio (nat'l)PhP 62,800,000
Total Portfolio (USD)USD 1,502,392.34
Active clients with loans971
Approximate % female clients60% - 80%
Approximate % urban clients60% - 80%
Network affiliationsRural Bankers Association of the Philippines
Funders

Loan Products » Summary

966 Borrowers
USD 1,478,468.90 Portfolio
Active Product
5 Borrowers
USD 23,923.44 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Kaantabe Loan PHP 10,000 - 150,000 2.1 - 6 60% - 80% 60% - 80% Business Women, Men, Have business, Between 20-60 years of age Credit Educ, Group Mtgs, Other Training, Client Orientation

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Kaantabe Loan 30.0% annual, Flat 1 Fee 0 None 5.0% upfront 10.00% ongoing 58.4% - 78.3% 69.7% - 97.3% 38
Institution Price Graph
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Key Statistics
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# 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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