Cooperativa Luz Del Valle - Oportuno - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 164 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Cooperativa Luz Del Valle Av. Abdon calderon 524 e ines gangotenaConcepcion y Santa Rita esquinaSangolqui, Pichincha

Data approved: 2010-11-08

Data version: 1

Age of data: 164 months

Download Data

Analyze Data

Product

Oportuno Product 2 of 3 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (USD)	USD 600,000
Portfolio (USD)	USD 600,000
Active Clients with Loans	950
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	20% - 40%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

crédito otorgado hasta un monto maximo de $1.500 destino al segmento de microcredito minorista, para usos diversos del negocio familiar

Loan Purpose

Any purpose	x
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings
Credit insurance	x
Workplace visits
Business training
Other training
Other
Other (2)
No other services

Eligibility

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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	USD
Minimum loan size	USD 350
Maximum loan size	1,500

Loan Term and Grace Period

Shortest loan term	1.0 month
Longest loan term	12.0 months
Approx average	8.0 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	22.50%
Highest quoted nominal interest	26.00%
Reason(s) why interest rate varies	Loan Size, Client Risk, Collateral
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

	Ins 1	Ins 2
Description	seguro de desgravamen	seguro de desgravamen
% of loan amount - min	3.00%	3.00%
% of loan amount - max	3.00%	3.00%
OR, Fixed amount - min	0	0
Fixed amount - max	0	0
Reason for variation	N/A	N/A
Appears on Repayment Sched?	Yes	Yes

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	10.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	1.25%
Maximum interest rate paid	1.25%
Interest payment frequency	Monthly

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Additional Comments

la relacion encaje - prestamo siempre debe ser el 1%

Full Pricing Data

Oportuno samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	USD 350	USD 400	USD 900	USD 1,000
Loan Cycle (1, 2, 3, etc)	1	3	16	1
Disbursement Date	2010-07-27	2010-08-19	2010-08-03	2010-08-22
Loan Term (Months)	6.0 months	6.0 months	1.0 month	12.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	24.7%	24.4%	24.3%	24.6%
Insurance Component	0.3%	0.3%	0.3%	0.3%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	2.7%	2.7%	2.6%	2.6%
Full APR (int fee ins tax dep)	27.6%	27.4%	27.2%	27.5%
Transparency Index	81	82	83	82

Original Repayment Schedule	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF

Oportuno Price Graphs

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Adhikar	35,300	2,674,000	1	133
AMPL	0	0	0	133
Arman	41,500	529,107,000	1	133
Arohan	43,500	8,091,000	2	133
ASA INDIA	164,000	15,380,000	1	133
Asirvad	113,500	19,328,000	1	133
Asmitha	1,114,800	217,867,000	1	133
Bandhan	4,048,600	674,564,000	5	133
Belstar	123,000	23,945,000	2	111
BSFL	275,200	31,590,000	3	133
Chaitanya	20,700	3,748,000	3	133
Disha Microfin	69,000	14,332,000	2	133
Equitas	1,220,000	186,415,000	4	133
ESAF	354,200	43,500,000	5	133
FFSL	150,600	35,719,000	2	133
Fusion	66,800	9,820,000	2	133
Grama Vidiyal	738,200	102,101,000	1	133
Grameen Koota	586,600	83,555,000	15	135
Janalakshmi	506,000	119,077,000	2	133
L & T Finance	399,800	37,199,000	1	133
MFL	331,800	49,083,000	1	133
MMFL	175,000	23,752,000	2	133
Mpower	13,600	2,263,000	2	133
Sahayata	0	0	0	133
Saija	24,700	4,682,000	2	133
Samasta	45,500	4,809,000	2	133
Satin	405,600	90,174,000	2	133
SCCI	115,600	15,910,000	2	133
Share	2,195,400	376,727,000	1	133
SKS	3,409,000	355,029,000	2	133
SMILE	360,200	56,927,000	1	133
SNFL	9,400	1,779,000	1	133
Sonata Finance	158,200	22,724,000	3	135
Spandana	533,400	147,240,000	2	133
Suryoday	78,600	14,713,000	3	133
SVCL	118,200	18,886,000	1	133
Swadhaar	92,800	17,166,000	3	133
Trident	68,700	8,852,000	1	133
Ujjivan	913,300	160,848,000	5	133
Utkarsh	168,600	25,915,000	3	133
VFS	175,400	19,264,000	2	133
Asomi	50,300	4,743,000	2	165
AES India	3,600	286,000	1	165
Arth	2,900	611,000	2	165
Asomi	50,300	4,743,000	2	165
Barasat GS	1,100	99,508.02	1	165
BJS	6,000	468,000	1	165
Cashpor	417,000	50,452,000	1	164
Credible	10,000	1,669,540.36	2	165
DIBAKAR	1,800	145,000	1	164
GOF	65,200	5,388,000	4	164
Hope	62,600	4,407,000	1	162
Jaago	2,700	237,000	1	163
LOK	4,900	573,000	1	164
Nano	25,600	3,660,000	2	165
NBSAAVS	28,100	2,821,000	1	162
Nirantara	8,200	917,000	2	164
Parama	7,100	482,000	1	164
Pragathi	26,200	4,579,000	6	164
PWMACS	36,500	5,946,000	1	164
Saadhana	90,900	12,046,000	2	164
Sambhav	1,500	183,000	3	164
Seba Rahara	6,700	468,000	1	164
SU	61,100	5,498,000	1	164
Swayanshree	7,900	918,000	2	164
Vikas Samiti	1,600	168,000	1	164
Vistaar	4,300	1,157,000	2	162
We The People	1,100	244,000	2	164
WEMCS	1,100	85,000	1	164
Yukti	1,100	99,000	2	164

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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞