Please note that the information you are viewing is 108 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE


Paglaum Multi Purpose Cooperative 2F PMPC Bldg., Eastern LoocPlaridel, Misamis Occidental7209
Data approved: 2011-11-15
Data version: 1
Age of data: 108 months


MEDAL 1 Product 4 of 8 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 3,701,020
Portfolio (USD)USD 88,541.15
Active Clients with Loans1,520
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Solidarity groupx
Village banking
Self help group
To provide additional capital to all regular members (ambulant vendors) with an existing business specific within the public market area.
Loan Purpose
Any purpose
Income generationx
Consumer loan
Other household finance
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other (2)
No other services
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust be Coop member
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
Minimum loan sizePHP 5,000
Maximum loan size5,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term6.0 months
Approx average0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Every 2 weeksx
Every 4 weeks
Every 2 months
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Lowest quoted nominal interest2.50%
Highest quoted nominal interest3.00%
Reason(s) why interest rate variesN/A
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionService FeeNotarial Fee
% of loan amount - min4.00%0
% of loan amount - max4.00%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
Ins 1
DescriptionCredit Insurance
% of loan amount - min1.50%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
Ins 1
DescriptionMBA, Life and Retirement Insurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min20
Fixed amount - max20
Reason for variationN/A
Appears on Repayment Sched?No
Compulsory Deposit
Required forAll
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited6.50%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 26
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyAnnually
Are taxes charged on this product?No

Full Pricing Data

MEDAL 1 samples
Sample 1Sample 2Sample 3
Loan AmountPHP 5,000PHP 5,000PHP 5,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-07-142011-07-122011-07-12
Loan Term (Months)5.6 months6.0 months36.0 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 Component84.8%51.9%13.4%
Insurance Component21.6%16.5%6.6%
Tax Component0.0%0.0%0.0%
Deposit Component7.8%2.7%2.2%
Full APR (int fee ins tax dep)114.2%71.1%22.1%
Transparency Index2642100
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
MEDAL 1 Price Graphs

Please note that the information you are viewing is 107 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE


Simli Pong SimplipongTamale, Northern Region
Data approved: 2011-12-07
Data version: 1
Age of data: 107 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addressN/A
Year established1986
Head of InstitutionNantogma Issah Abdulai
Regions active
# Branches6

Total Portfolio (nat'l)GHS 927,856
Total Portfolio (USD)USD 470,992.89
Active clients with loans8,970
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliationsASSFIN, GHAMFIN

Loan Products » Summary

120 Borrowers
USD 36,781.73 Portfolio
Active Product
5,720 Borrowers
USD 319,147.72 Portfolio
Active Product
3,100 Borrowers
USD 107,104.06 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture Loan GHS 300 - 500 6 - 12 40% - 60% 0% - 20% Business, Farming Women, Men, Must be in a group, must have a farm Group Mtgs, Credit Ins, Other Training
Agro-Processing Loan GHS 100 - 2,100 6 - 12 80% - 100% 0% - 20% Business, for agro-processing activities Women Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Trading Loan GHS 100 - 1,200 12 80% - 100% 20% - 40% Business, petty trading Women Credit Educ, Group Mtgs, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture Loan 20.00% annual, Flat 0 Fees 0 Ins None N/A 29.8% - 30.1% 29.8% - 30.1% 66
Agro-Processing Loan 27.00%-30.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 44.4% - 57.6% 52.1% - 68.6% 45
Trading Loan 27.00%-30.00% annual, Flat 2 Fees 0 Ins None N/A 51.2% - 60.8% 51.2% - 60.8% 47
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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N (# of Samples)
Total Borrrowers of Samples
Std Dev
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Total Borrowers of Samples

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