| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.simbag.org/ |
| Year established | 1994 |
| Head of Institution | Remegia L. Balucio |
| Regions active | |
| # Branches | 18 |
| Total Portfolio (nat'l) | PhP 205,575,411 |
| Total Portfolio (USD) | USD 4,918,072.03 |
| Active clients with loans | 26,942 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | People's Credit and Fiannce Corporation |
| Funders | Manos Unidas |
| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | Yes |
| Website address | http://www.safragemc.com/ |
| Year established | 1989 |
| Head of Institution | Federico A. Blanco |
| Regions active | |
| # Branches | 7 |
| Total Portfolio (nat'l) | PhP 17,991,734.28 |
| Total Portfolio (USD) | USD 430,424.27 |
| Active clients with loans | 3,306 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | MASSPECC, NATCCO, Oikocredit |
| Funders | Metro South Cooperative Bank, Land Bank of the Philippines, MASSPECC, SEEDFinance |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balay Asenso | PHP 1,000 - 20,000 | 5 - 10 | 80% - 100% | 20% - 40% | Housing | Women, Men, Have business, Have home or land, Member for > 6 months, At least on the 2nd cycle of regular loan | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
| Productive Loan | PHP 1,000 - 150,000 | 2 - 10 | 80% - 100% | 20% - 40% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training, Advocacy & scholarship program; Social Services, Spiritual & Formation Activities, Enterprise Development & Services, Calamity Relief Assistance | |||||||
| Sagip Asenso | PHP 1,000 - 10,000 | 5 | 80% - 100% | 20% - 40% | Business | Women, Men, Have business, Member for > 6 months, At least on the 2nd cycle of regular loan | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cycle Loan | PHP 5,000 - 25,000 | 3.7 - 12.1 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balay Asenso | 24.0% annual, Flat | 1 Fee | 2 Ins | None | 5.0% upfront 10.00 ongoing | 57.4% - 71.3% | 69.8% - 94.1% | 29 | ||||||||
| Productive Loan | 24.0% annual, Flat | 1 Fee | 2 Ins | None | 5.0% upfront 10.00 ongoing | 57.4% - 67.6% | 75.4% - 163.5% | 25 | ||||||||
| Sagip Asenso | 24.0% annual, Flat | 1 Fee | 2 Ins | None | 5.0% upfront 10.00 ongoing | 64.1% - 72.7% | 82.2% - 96% | 28 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cycle Loan | 24.0%-30.0% annual, Flat | 2 Fees | 2 Ins | None | 3.0% upfront 20.00 ongoing | 70.9% - 86% | 98.2% - 115.6% | 22 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balay Asenso | 24.0% annual, Flat | 1 Fee | 2 Ins Ins | None | 5.0% upfront 10.00 ongoing | 57.4% - 71.3% | 69.8% - 94.1% | 29 | ||||||||
| Productive Loan | 24.0% annual, Flat | 1 Fee | 2 Ins Ins | None | 5.0% upfront 10.00 ongoing | 57.4% - 67.6% | 75.4% - 163.5% | 25 | ||||||||
| Sagip Asenso | 24.0% annual, Flat | 1 Fee | 2 Ins Ins | None | 5.0% upfront 10.00 ongoing | 64.1% - 72.7% | 82.2% - 96% | 28 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cycle Loan | 24.0%-30.0% annual, Flat | 2 Fees | 2 Ins Ins | None | 3.0% upfront 20.00 ongoing | 70.9% - 86% | 98.2% - 115.6% | 22 |
| 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 | ||||||
|---|---|---|---|---|---|---|
| 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 ∞ | ||||||
