| Number borrowers | 5,657 |
| Loan Amount (range) | COP 5,000,000 - 61,800,000 |
| Loan Term (range) | 1 - 36 |
| Other Services (text summary) | Credit Ins |
| Annual Interest & Method | 29.5% annual, Decl Bal |
| Fees | 5.22%-8.75% ongoing |
| Insurance | ongoing Y |
| Tax | None |
| Comp Dep | N/A |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 24.5% - 40.3% (Int+Fee) |
| Insurance Component | 0 - 0.5% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 24.5% - 40.7% |
| Transparency Index (min/max) | 0 - N/A |
| Transparency Index (average) | 92 |
| 4,855 |
| BOB 400 - 80,000 |
| 1 - 24 |
| Credit Ins |
| 14.0%-29.5% annual, Decl Bal |
| None |
| 0.07%-1.56% upfront 0.07%-1.56% ongoing |
| None |
| N/A |
| 15.6% - 29.5% |
| 0 |
| 0.7% - 1.1% |
| 0 |
| 21.9% - 26.9% |
| 52 - 98 |
| 58 |
| Outstanding portfolio (COP) | COP 33,528,903,983 |
| Portfolio (USD) | USD 18,422,474.72 |
| Active Clients with Loans | 5,657 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 80% - 100% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other | También se otorgan prestamos a personas jurídicas, donde generalmente firman como garantía personal el representante legal y los socios |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | x |
| Consumer loan | |
| Agriculture | |
| 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 | x |
| Other | Persona Jurídica |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (BOB) | BOB 104,524,067 |
| Portfolio (USD) | USD 15,485,046.96 |
| Active Clients with Loans | 4,855 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 60% - 80% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | x |
| Education | |
| Other household finance | |
| 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 | COP |
| Minimum loan size | COP 5,000,000 |
| Maximum loan size | 61,800,000 |
| Shortest loan term | 1.0 month |
| Longest loan term | 36.0 months |
| Approx average | 24.0 months |
| Grace period usage | 10% |
| Average grace period | 3.0 months |
| Daily | x |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | x |
| Monthly | x |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | |
| Every 12 months | |
| Single end payment | x |
| Irregular payments | x |
| Currency | BOB |
| Minimum loan size | BOB 400 |
| Maximum loan size | 80,000 |
| Loans less than BOB 10,000 | 20% |
| BOB 10,000-40,000 | 70% |
| BOB 40,000-70,000 | 5% |
| BOB 70,000-100,000 | 5% |
| BOB 100,000-125,000 | 0 |
| Greater than BOB 125,000 | 0 |
| Shortest loan term | 1.0 month |
| Longest loan term | 24.0 months |
| Approx average | 20.4 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 5% |
| Between 10 and 12 months | 5% |
| Between 13 and 18 months | 10% |
| Longer than 18 months | 80% |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 2.46% |
| Highest quoted nominal interest | 2.46% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Comisio Ley Mipyme |
| % of loan amount - min | 5.22% |
| % of loan amount - max | 8.75% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| Ins 1 | Ins 2 | ||
|---|---|---|---|
| Description | Seguro Daños | Seguro de Deudor - % sobre saldo. | |
| % of loan amount - min | 0 | 4.00% | |
| % of loan amount - max | 0.46% | 4.00% | |
| OR, Fixed amount - min | 0 | 0 | |
| Fixed amount - max | 0 | 0 | |
| Reason for variation | N/A | N/A | |
| 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 |
| Lowest quoted nominal interest | 14.00% |
| Highest quoted nominal interest | 29.50% |
| Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Client Risk, Collateral |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Ins 1 | |
|---|---|
| Description | Seguro de desgravamen anticipado |
| % of loan amount - min | 0.07% |
| % of loan amount - max | 1.56% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | Fee is 0.065% multiplied by the number of months between the disbursement date and the first date of repayment. |
| Appears on Repayment Sched? | Yes |
| Ins 1 | |
|---|---|
| Description | Seguro de desgravamen |
| % of loan amount - min | 0.07% |
| % of loan amount - max | 1.56% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | Fee is 0.065% per month, charged on the outstanding loan principal. |
| Appears on Repayment Sched? | 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 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | COP 10,500,000 | COP 60,000,000 | COP 60,000,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2011-03-11 | 2011-04-07 | 2011-04-28 | ||
| Loan Term (Months) | 36.0 months | 24.0 months | 60.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | Not Known | Not Known | Not Known | ||
| True Price by Comp | |||||
| Interest and Fee Component | 40.3% | 34.0% | 24.5% | ||
| Insurance Component | 0.4% | 0.4% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 40.7% | 34.4% | 24.5% | ||
| Transparency Index | 72 | 86 | 100 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | BOB 5,000 | BOB 10,000 | BOB 16,000 | BOB 18,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2013-07-25 | 2013-08-03 | 2013-07-23 | 2013-07-11 | |||
| Loan Term (Months) | 7.0 months | 13.0 months | 19.0 months | 18.0 months | |||
| Grace Period (Months) | 0.6 months | 0.4 months | 0.7 months | -0.3 months | |||
| Total Cost of Credit | BOB 473.74 | BOB 1,613.27 | BOB 3,155.79 | BOB 3,207.21 | |||
| True Price by Comp | |||||||
| Interest price component | 26.0% | 26.1% | 21.1% | 21.1% | |||
| Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Insurance Component | 0.9% | 0.7% | 0.8% | 0.8% | |||
| 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) | 26.9% | 26.8% | 21.9% | 21.9% | |||
| Transparency Index | 52 | 52 | 64 | 64 | |||
| 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 |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
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| N (# of Samples) | ||||||
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