| Number borrowers | 3,276 |
| Loan Amount (range) | BOB 5,001 - 6,000 |
| Loan Term (range) | 4 - 6 |
| Other Services (text summary) | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training |
| Annual Interest & Method | 24.0% annual, Flat |
| Fees | 0.60% upfront |
| Insurance | None |
| Tax | None |
| Comp Dep | 20.0% upfront 20.00% ongoing |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 0 (Int+Fee) |
| Insurance Component | 0 |
| Tax Component Range | 0 - 0.7% |
| Full APR (int fee ins tax dep) | 0 |
| Transparency Index (min/max) | 0 - N/A |
| Transparency Index (average) | N/A |
| 4,888 |
| USD 300 - 500,000 |
| 3 - 120 |
| Credit Ins |
| 9.2%-30.0% annual, Decl Bal |
| None |
| 0.25%-9.96% ongoing Y |
| None |
| N/A |
| 9.9% - 28.9% |
| 0 |
| 0.9% - 1.9% |
| 0 |
| 13.8% - 30.5% |
| 24 - 67 |
| 47 |
| Outstanding portfolio (BOB) | BOB 7,264,865.70 |
| Portfolio (USD) | USD 1,060,564.34 |
| Active Clients with Loans | 3,276 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
| Individual | |
| Solidarity group | |
| Village banking | x |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | x |
| Agriculture | |
| Education | x |
| Other household finance | x |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | x |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| Men | |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | Men can access up to 10% of portfolio |
| Other (2) | New clients need not own business if they have business plan |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (USD) | USD 34,573,963 |
| Portfolio (USD) | USD 34,573,963 |
| Active Clients with Loans | 4,888 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 60% - 80% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | x |
| Agriculture | x |
| Education | x |
| Other household finance | x |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 9 |
| # Regions for this product | 9 |
| Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija |
| Currency | BOB |
| Minimum loan size | BOB 5,001 |
| Maximum loan size | 6,000 |
| Shortest loan term | 4.0 months |
| Longest loan term | 6.0 months |
| Approx average | 6.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | x |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Currency | USD |
| Minimum loan size | USD 300 |
| Maximum loan size | 500,000 |
| Loans less than USD 1,500 | 50% |
| USD 1,500-5,000 | 40% |
| USD 5,000-10,000 | 5% |
| USD 10,000-15,000 | 0 |
| USD 15,000-18,000 | 0 |
| Greater than USD 18,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 120.0 months |
| Approx average | 36.0 months |
| Loans 3 months or less | 30% |
| Between 4 and 6 months | 50% |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 5% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 5% |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | x |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | x |
| Monthly | x |
| Every 2 months | x |
| Quarterly | x |
| Every 6 months | x |
| Every 12 months | x |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 24.00% |
| Highest quoted nominal interest | 24.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | N/A |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Comisio por desembolso |
| % of loan amount - min | 0.60% |
| % of loan amount - max | 0.60% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | |
| Appears on Repayment Sched? | Yes |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? | Yes |
| % loan amount deposited | 20.00% - N/A |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 20.00% - N/A |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | When Leaving |
| Minimum interest rate paid | 0.50% |
| Maximum interest rate paid | 1.00% |
| Interest payment frequency | Annually |
| Are taxes charged on this product? | No |
| Lowest quoted nominal interest | 9.16% |
| Highest quoted nominal interest | 30.00% |
| Reason(s) why interest rate varies | Loan Size, Collateral |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | No |
| Ins 1 | Ins 2 | ||
|---|---|---|---|
| Description | Seguro de Desgravamen | Seguro de Todo Riesgo | |
| % of loan amount - min | 0.25% | 0 | |
| % of loan amount - max | 9.96% | 0.80% | |
| OR, Fixed amount - min | 0 | 0 | |
| Fixed amount - max | 0 | 0 | |
| Reason for variation | Fee is 0.083%, charged each month on the outstanding loan principal only. | Fee is 0.0067% per month, charged on the oustanding loan principal balance only. Charged only if value of collateral is insufficient. | |
| Appears on Repayment Sched? | Yes | Yes |
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Sample 1 | |
|---|---|
| Loan Amount | BOB 5,533.20 |
| Loan Cycle (1, 2, 3, etc) | 5 |
| Disbursement Date | 2010-03-30 |
| Loan Term (Months) | 5.6 months |
| Grace Period (Months) | 0 |
| Total Cost of Credit | Not Known |
| True Price by Comp | |
| Interest and Fee Component | 42.4% |
| Insurance Component | 0 |
| Tax Component | 0 |
| Deposit Component | 33.0% |
| Full APR (int fee ins tax dep) | 75.4% |
| Transparency Index | 32 |
| Original Repayment Schedule | |
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | USD 1,144 | USD 5,000 | USD 8,000 | USD 15,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2014-02-15 | 2013-12-15 | 2013-12-12 | 2013-12-10 | |||
| Loan Term (Months) | 24.0 months | 37.0 months | 49.0 months | 61.0 months | |||
| Grace Period (Months) | -0.1 months | 0.0 months | 0.0 months | 0.1 months | |||
| Total Cost of Credit | USD 401.80 | USD 1,144.82 | USD 5,075.66 | USD 6,845.33 | |||
| True Price by Comp | |||||||
| Interest price component | 28.9% | 12.0% | 25.5% | 14.8% | |||
| Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Insurance Component | 1.6% | 1.8% | 0.9% | 1.0% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Full APR (int fee ins tax dep) | 30.5% | 13.8% | 26.4% | 15.8% | |||
| Transparency Index | 30 | 66 | 35 | 58 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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