| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | Yes |
| Website address | http://www.paglaumcoop.org.ph/ |
| Year established | 1992 |
| Head of Institution | Gadwin E. Handumon |
| Regions active | |
| # Branches | 14 |
| Total Portfolio (nat'l) | PhP 247,944,967 |
| Total Portfolio (USD) | USD 5,931,697.78 |
| Active clients with loans | 21,775 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | MASS-SPECC, NATTCO, Association of Asean Confederation of Credit Unions (AACCU), Microfinance Council of the Philippines, Inc. (MCPI) |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Barangay Official Livelihood Assistance | PHP 500 - 15,000 | 6 - 36 | 60% - 80% | 0% - 20% | Any Purpose | Women, Men, Barangay Officials | Credit Educ, Credit Ins | |||||||
| Emergency Loan | PHP 500 - 2,000 | 3 - 6 | 60% - 80% | 0% - 20% | Other, Open to all regular and PDP members who are MIGS i, < 60 years | Women, Men | Group Mtgs | |||||||
| Housing Loan Program | PHP 50,000 - 300,000 | 12 - 26 | 80% - 100% | 0% - 20% | Housing | Women, Men | Credit Educ, Credit Ins | |||||||
| MEDAL 1 | PHP 5,000 - 5,000 | 3 - 6 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business, Must be Coop member | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Motorcycle Loan | PHP 60,000 - 120,000 | 12 - 36 | 60% - 80% | 0% - 20% | Consumer | Women, Men, Must have MIGS status, Must be Coop member | Credit Educ, Credit Ins | |||||||
| Pension Loan | PHP 10,000 - 100,000 | 6 - 24 | 40% - 60% | 0% - 20% | Any Purpose | Women, Men, Must be pension holder, Must be <80 years | Credit Educ, Credit Ins | |||||||
| Project Loan (Micro-Regular Loan) | PHP 500 - 150,000 | 3 - 18 | 80% - 100% | 0% - 20% | Business | Women, Men, Must be Coop member | Credit Educ, Credit Ins | |||||||
| Regular Loan | PHP 500 - 1,000,000 | 1 - 36 | 60% - 80% | 0% - 20% | Business, Housing, Consumer, Education, Other | Women, Men, Must be Coop member | Credit Educ, Credit Ins, Tech Asst Visits, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Barangay Official Livelihood Assistance | 22.8% annual, Flat | 2 Fees | 2 Ins | None | 6.5% upfront 26.00 ongoing | 44.9% - 52.7% | 59.2% - 79.8% | 35 | ||||||||
| Emergency Loan | 30.0% annual, Flat | 2 Fees | 2 Ins | None | 6.5% upfront | 76% - 81.7% | 174% - 194.8% | 16 | ||||||||
| Housing Loan Program | 21.0% annual, Decl Bal | 2 Fees | 2 Ins | None | 6.5% upfront | 24.4% - 24.5% | 31.1% - 34.2% | 64 | ||||||||
| MEDAL 1 | 30.0%-36.0% annual, Flat | 2 Fees | 2 Ins | None | 6.5% upfront 26.00 ongoing | 13.4% - 84.8% | 22.1% - 114.2% | 68 | ||||||||
| Motorcycle Loan | 21.0% annual, Decl Bal | 2 Fees | 2 Ins | None | 6.5% upfront 26.00 ongoing | 24.5% | 31.6% - 33.4% | 65 | ||||||||
| Pension Loan | 36.0% annual, Flat | 2 Fees | 2 Ins | None | 6.5% upfront 26.00 ongoing | 61.6% - 70.8% | 70.1% - 85.5% | 47 | ||||||||
| Project Loan (Micro-Regular Loan) | 30.0% annual, Flat | 2 Fees | 2 Ins | None | 6.5% upfront 26.00 ongoing | 55.1% - 79.9% | 66.2% - 175.4% | 32 | ||||||||
| Regular Loan | 36.0% annual, Flat | 2 Fees | 2 Ins | None | 6.5% upfront 26.00 ongoing | 69.9% - 88.7% | 83.2% - 122.6% | 37 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| AgroCapital | 21,900 | 16,894,000 | 11 | 165 |
| ANED | 5,400 | 6,579,000 | 3 | 124 |
| Banco FIE | 231,100 | 569,322,000 | 6 | 124 |
| BancoSol | 215,300 | 861,418,000 | 30 | 124 |
| CIDRE | 8,500 | 126,578,000 | 8 | 124 |
| Coop Fatima | 6,300 | 44,280,000 | 7 | 165 |
| CRECER | 166,900 | 134,626,000 | 13 | 124 |
| Diaconia | 67,000 | 85,734,000 | 2 | 124 |
| Ecofuturo | 59,200 | 226,839,000 | 5 | 124 |
| EMPRENDER | 8,700 | 2,380,000 | 3 | 165 |
| Fassil FFP | 57,600 | 325,081,000 | 5 | 124 |
| FONCRESOL | 3,900 | 9,573,000 | 3 | 124 |
| FONDECO | 14,200 | 24,274,000 | 3 | 124 |
| Fortaleza | 20,100 | 164,530,000 | 13 | 124 |
| FUBODE | 29,400 | 24,444,000 | 7 | 124 |
| FUNBODEM | 8,600 | 15,798,000 | 9 | 124 |
| IDEPRO | 10,400 | 40,479,000 | 2 | 124 |
| IMPRO | 2,400 | 2,885,000 | 4 | 124 |
| ProCredit | 84,300 | 257,487,000 | 8 | 165 |
| PRODEM | 44,900 | 62,529,000 | 4 | 124 |
| ProMujer BOL | 115,200 | 50,753,000 | 3 | 124 |
| Sartawi | 14,600 | 26,842,000 | 8 | 124 |
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