Institution

Tulay sa Pag-unlad, Inc. 2363 Antipolo St.Makati1212
Data approved: 2011-11-15
Data version: 1
Age of data: 151 months

Institution

Viator Microcredit Azerbaijan LLC N.Narimanov str., 207, Ganja, AzerbaijanGanjaAZ2000
Data approved: 1900-01-00
Data version: 1
Age of data: 112 months

Product

TSPI Palayan Program Product 7 of 7 « Prev | Next »

Product

Small Enterprise Loan USD Product 7 of 8 « Prev | Next »

Product Summary

Number borrowers2,402
Loan Amount (range)PHP 20,000 - 35,000
Loan Term (range)3 - 5
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits
Annual Interest & Method36.0% annual, Flat
FeesNone
Insurance1.11%-7.78% upfront 2.50% upfront
TaxNone
Comp Dep5.0% upfront 200.00 ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component26.6% - 32.1% (Int+Fee)
Insurance Component0 - 13.8%
Tax Component Range0
Full APR (int fee ins tax dep)42.7% - 48.5%
Transparency Index (min/max)32 - 95
Transparency Index (average)80

Product Summary

187
USD 4,000 - 10,000
3 - 18
Business Training, Other Training
28.8%-34.8% annual, Decl Bal
2.00%-3.00% upfront
1.00% upfront
None
N/A
 
28.3% - 30.8%
2.7% - 3.9%
1.4% - 2.0%
0
34.0%
78 - 89
85

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 60,821,762.73
Portfolio (USD)USD 1,455,066.09
Active Clients with Loans2,402
Approximate % Female Clients0% - 20%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This program is intended to finance the production requirements of rice farming and offers micro-loans to qualified farmer groups with mutual group guarantee.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
OtherRice Farmers
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business training
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 group
OtherLand tenants with at least 5 years of farming experience
Other (2)Has access to irrigation
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (USD)USD 758,087
Portfolio (USD)USD 758,087
Active Clients with Loans187
Approximate % Female Clients20% - 40%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Loan product for small entrepreneurs who are engaged into the small business regardless of classification either trade, service or manufacturing.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business trainingx
Other trainingx
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
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution2
# Regions for this product2
Regions ActiveGanja-Qazakh, Shaki-Zaqatala

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 20,000
Maximum loan size35,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term5.0 months
Approx average4.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 4,000
Maximum loan size10,000
Distribution at Disbursement (Est.)
Loans less than USD 1,5000
USD 1,500-5,00080%
USD 5,000-10,00020%
USD 10,000-15,0000
USD 15,000-18,0000
Greater than USD 18,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term18.0 months
Approx average11.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months15%
Between 10 and 12 months60%
Between 13 and 18 months20%
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period4.0 months
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 interest3.00%
Highest quoted nominal interest3.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1Ins 2
DescriptionPCIC Crop InsuranceCredit-Life Insurance
% of loan amount - min1.11%2.50%
% of loan amount - max7.78%2.50%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
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 deposited5.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 200
Conditions on access to depositWhen Leaving
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
There is another mandatory life insurance at P24 per annum. Loan terms are determined based on cropping schedule. Payments are due 5 days after harvest. Interest is computed .1% per day

Pricing Information

Interest
Lowest quoted nominal interest2.40%
Highest quoted nominal interest2.90%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size, Loan Purpose
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCommission fee
% of loan amount - min2.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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
Viator provides Small Enterprise Loan soft (USD) with interest rate 2.4% for clients who are in the 10th cycle and for the clients who have finished 2 business courses training of the FINLED (Financila Literacy and Education) program provided by Viator HRDP Department. For those clients who avail loan less than 2,000 USD Viator shoulders the Credit Bureau Fee of 1 AZN.

Full Pricing Data

TSPI Palayan Program samples
Sample 1Sample 2Sample 3
Loan AmountPHP 30,000PHP 30,000PHP 30,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2010-12-072010-11-182010-12-08
Loan Term (Months)5.0 months5.0 months5.0 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 Component26.6%32.1%27.9%
Insurance Component13.7%13.8%13.7%
Tax Component0.0%0.0%0.0%
Deposit Component2.4%2.7%2.4%
Full APR (int fee ins tax dep)42.7%48.5%44.1%
Transparency Index847482
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Small Enterprise Loan USD samples
Sample 1
Loan AmountUSD 4,000
Loan Cycle (1, 2, 3, etc)Not Known
Disbursement Date2014-06-09
Loan Term (Months)18.0 months
Grace Period (Months)0
Total Cost of CreditUSD 1,143.57
True Price by Comp 
Interest price component29.9%
Fee Component2.7%
Insurance Component1.4%
Tax Component0
Deposit Component0
Full APR (int fee ins tax dep)34.0%
Transparency Index85
  
Original Repayment SchedulePDF
MFT Pricing CalculationPDF
TSPI Palayan Program Price Graphs


Small Enterprise Loan USD Price Graphs


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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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