- Total assets
- Gross loan portfolio
- Total equity
Institutional Characteristics
| 2003 | 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|---|
| As of date |
 |
— | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 |
| Currency |
 |
— | USD | USD | USD | USD |
| Total assets |
 |
— | 90,218 | 243,289 | 272,820 | 818,224 |
| Offices |
 |
— | — | — | — | — |
| Personnel |
 |
4 | 8 | 12 | 21 | 36 |
Financing Structure
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Capital/asset ratio |
 |
7.92% | 3.78% | 5.12% | 28.54% |
| Debt to equity ratio |
 |
11.63 | 25.45 | 18.52 | 2.50 |
| Deposits to loans |
 |
— | — | — | — |
| Deposits to total assets |
|
— | — | — | — |
| Gross loan portfolio to total assets |
 |
55.18% | 62.89% | 73.27% | 33.23% |
Outreach
| 2003 | 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|---|
| As of date |
|
— | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 |
| Currency |
|
— | USD | USD | USD | USD |
| + Number of active borrowers |
 |
219 | 792 | 3,009 | 4,917 | 2,197 |
| — | — | 94 | 92 | 93 | 1,643 | |
| Percent of women borrowers |
 |
— | 11.87% | 3.06% | 1.89% | 74.78% |
| Number of outstanding loans |
|
— | — | — | — | — |
| + Gross loan portfolio |
 |
— | 49,782 | 152,994 | 199,909 | 271,865 |
| — | — | 703 | 751 | 1,413 | 15,178 | |
| Average loan balance per borrower |
 |
— | 63 | 51 | 41 | 124 |
| Average loan balance borrower per borrower / GNI per capita |
 |
— | 8.38% | 6.05% | 4.67% | 13.45% |
| Average outstanding balance |
|
— | — | — | — | — |
| Average outstanding balance / GNI per capita |
|
— | — | — | — | — |
| Number of depositors |
 |
0 | 702 | 2,771 | 5,292 | 4,869 |
| Number of deposit accounts |
|
— | — | — | — | — |
| + Deposits |
|
— | — | — | — | — |
| — | — | — | — | — | — | |
| — | — | 9,920 | 93,578 | 105,361 | 209,362 | |
| Average deposit balance per depositor |
|
— | — | — | — | — |
| Average deposit balance per depositor / GNI per capita |
|
— | — | — | — | — |
| Average deposit account balance |
|
— | — | — | — | — |
| Average deposit account balance / GNI per capita |
|
— | — | — | — | — |
Overall Financial Performance
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Return on assets |
 |
— | 1.86% | 1.37% | -15.43% |
| Return on equity |
 |
— | 37.91% | 30.53% | -68.01% |
| Operational self sufficiency |
 |
89.37% | 106.49% | 105.85% | 27.22% |
Revenues
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Financial revenue/ assets |
 |
— | 46.27% | 34.44% | 5.60% |
| Profit margin |
 |
-11.89% | 6.10% | 5.52% | -267.36% |
| Yield on gross portfolio (nominal) |
|
— | — | — | — |
| Yield on gross portfolio (real) |
|
— | — | — | — |
Expenses
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Total expense/ assets |
 |
— | 43.45% | 32.54% | 20.57% |
| Financial expense/ assets |
 |
— | 6.67% | 6.08% | 0.95% |
| Provision for loan impairment/ assets |
 |
— | 0.51% | 0.75% | 0.17% |
| Operating expense/ assets |
 |
— | 36.26% | 25.71% | 19.45% |
| Personnel expense/ assets |
|
— | — | — | — |
| Administrative expense/ assets |
|
— | — | — | — |
Efficiency
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Operating expense/ loan portfolio |
 |
— | 59.64% | 37.61% | 44.98% |
| Personnel expense/ loan portfolio |
|
— | — | — | — |
| Average salary/ GNI per capita |
|
— | — | — | — |
| Cost per borrower |
 |
43 | 32 | 17 | 30 |
| Cost per loan |
|
— | — | — | — |
Productivity
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Borrowers per staff member |
 |
99 | 251 | 234 | 61 |
| Loans per staff member |
|
— | — | — | — |
| Borrowers per loan officer |
|
— | — | — | — |
| Loans per loan officer |
|
— | — | — | — |
| Depositors per staff member |
 |
88 | 231 | 252 | 135 |
| Deposit accounts per staff member |
|
— | — | — | — |
| Personnel allocation ratio |
|
— | — | — | — |
Risk and Liquidity
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Portfolio at risk > 30 days |
 |
1.41% | 0.49% | 0.71% | 5.58% |
| Portfolio at risk > 90 days |
|
— | — | — | — |
| Write-off ratio |
 |
— | 0.03% | 0.08% | 0.00% |
| Loan loss rate |
|
— | 0.03% | 0.08% | 0.00% |
| Risk coverage |
 |
66.37% | 163.10% | 240.45% | 10.03% |
| Non-earning liquid assets as a % of total assets |
|
— | — | — | — |