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Institution

COAC San José San Jose de Chimbo, calle Chimborazo 536 y 3 de MarzoCanton Chimbo, Provincia Bolivar
Data approved: 2010-11-08
Data version: 1
Age of data: 140 months

Product

Microcredito Individual Product 5 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 15,070,871.05
Portfolio (USD)USD 15,070,871.05
Active Clients with Loans4,498
Approximate % Female Clients0% - 20%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Microcredito es destinado a financiar actividades de produccion, comercialización o servicios, cuya fuente principal de pago constituye el producto de las ventas o ingresos
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 insurancex
Workplace visits
Business training
Other training
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 100
Maximum loan size20,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term72.0 months
Approx average30.0 months
Grace Period
Grace period usage0
Average grace period0
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 interest18.00%
Highest quoted nominal interest18.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited6.67%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited1.00%
or, Fixed-amount depositedUSD 2
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No

Full Pricing Data

Microcredito Individual samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUSD 400USD 1,000USD 2,000USD 4,000USD 8,000USD 12,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2010-05-212010-08-122010-08-102010-08-122010-06-042010-05-27
Loan Term (Months)12.0 months18.0 months24.0 months24.0 months48.0 months72.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component18.2%18.3%18.2%18.2%18.2%18.2%
Insurance Component0.0%0.4%0.4%0.4%0.4%0.4%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component3.1%2.8%2.6%2.4%2.2%2.0%
Full APR (int fee ins tax dep)21.4%21.5%21.2%21.0%20.9%20.7%
Transparency Index848485868687
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Microcredito Individual Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
KBL468,300120,082,0001683
KF233,60041,416,000482
NRSP399,90070,157,000383
ASA230,40029,637,000383
TMFB221,20085,449,000783
FMFB163,54438,481,3239101
TRDP100,00013,817,000383
PRSP75,6569,907,1763101
BRAC^P57,30011,869,000383
SRSO51,1007,775,000383
SSF46,0004,776,000383
FINCA82,00043,559,000983
JWS36,0006,545,000283
RCDS35,5524,856,1224101
DAMEN35,1857,150,8641101
FFO22,4003,335,000383
OLP21,4003,510,000383
CSC17,6003,147,000183
AMRDO13,8001,206,000583
WMBL13,8006,105,000383
Mojaz13,4002,415,000283
SDF11,5001,041,000483
POMFB8,5002,795,000483
OPD7,500918,000283
AGAHE7,300797,000283
NRDP6,1841,521,9723101
GBTI6,100669,0003101
WASIL4,3001,135,000283
Micro Options4,000768,000583
VDO3,900489,0003101
SVDP3,900811,00013101
SRDO3,500766,000483
OSDI2,000923,000383
APMBL1,8001,401,000383
BEDF1,400209,0003101
KCDO80094,0001101
Caps / Zoom options
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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