Comparative report | MIX Market

Compare AFODENIC to all MFIs.

Create a customized performance report. All peer group indicators are median values. Graphs show values from the 25th and 75th percentiles, with median midpoint. Data source: Unadjusted.

1. Choose data set

Country

Offices

Total assets

Personnel

Legend

All
AFODENIC

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
Currency	USD	USD
Total assets	8,766,661	5,379,046
Offices	6	8
Personnel	62	77

Deposits to total assets

Capital/asset ratio

Gross loan portfolio to total assets

Legend

All
AFODENIC

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
Capital/asset ratio	23.32%	22.28%
Debt to equity ratio	3.29	3.14
Deposits to loans	—	17.93%
Deposits to total assets	—	12.36%
Gross loan portfolio to total assets	93.40%	78.38%

Average loan balance borrower per borrower / GNI per capita

Average deposit balance per depositor / GNI per capita

Percent of women borrowers

Legend

All
AFODENIC

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
Currency	USD	USD
Number of active borrowers	4,733	7,997
Percent of women borrowers	55.82%	60.46%
Number of outstanding loans	4,733	8,293
Gross loan portfolio	8,187,760	3,577,439
Average loan balance per borrower	1,730	592
Average loan balance borrower per borrower / GNI per capita	174.74%	35.69%
Average outstanding balance	1,730	571
Average outstanding balance / GNI per capita	174.74%	34.39%
Number of depositors	—	641
Number of deposit accounts	—	1,728
Deposits	0	364,182
Average deposit balance per depositor	—	168
Average deposit balance per depositor / GNI per capita	—	15.00%
Average deposit account balance	—	157
Average deposit account balance / GNI per capita	—	0

Return on assets

Return on equity

Yield on gross portfolio (nominal)

Legend

All
AFODENIC

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
	USD	USD
Return on assets	6.36%	2.10%
Return on equity	33.70%	9.72%
Operational self sufficiency	159.54%	112.24%

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
	USD	USD
Financial revenue/ assets	17.03%	25.27%
Profit margin	37.32%	11.03%
Yield on gross portfolio (nominal)	14.86%	30.77%
Yield on gross portfolio (real)	3.36%	22.69%

Borrowers per staff member

Financial revenue/ assets

Cost per borrower

Legend

All
AFODENIC

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
	USD	USD
Total expense/ assets	10.67%	23.09%
Financial expense/ assets	0.80%	5.26%
Provision for loan impairment/ assets	2.57%	1.13%
Operating expense/ assets	7.30%	14.51%
Personnel expense/ assets	4.26%	8.07%
Administrative expense/ assets	3.04%	6.41%

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
	USD	USD
Operating expense/ loan portfolio	9.42%	19.22%
Personnel expense/ loan portfolio	5.50%	10.70%
Average salary/ GNI per capita	6.95	3.69
Cost per borrower	141	137
Cost per loan	141	134

Provision for loan impairment/ assets

Portfolio at risk > 30 days

Write-off ratio

Legend

All
AFODENIC

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
Borrowers per staff member	76	98
Loans per staff member	76	102
Borrowers per loan officer	296	245
Loans per loan officer	296	252
Depositors per staff member	—	40
Deposit accounts per staff member	—	53
Personnel allocation ratio	25.81%	44.80%

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
	USD	USD
Portfolio at risk > 30 days	4.32%	3.57%
Portfolio at risk > 90 days	3.79%	2.00%
Write-off ratio	0.94%	0.36%
Loan loss rate	0.80%	0.20%
Risk coverage	114.88%	76.09%
Non-earning liquid assets as a % of total assets	4.44%	11.99%

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
Currency	USD	USD
Total assets	8,766,661	5,293,138
Cash and cash equivalents	388,892	721,678
Total trade and receivables	321,906	171,459
Financial assets at fair value	—	0
Financial assets available for sale	—	0
Other investments	—	0
Net loan portfolio	7,781,746	3,348,370
Gross loan portfolio	8,187,760	3,514,762
Impairment loss allowance	406,015	109,113
Unearned income and discount	—	0
Finance lease	—	0
Current tax assets	—	0
Deferred tax assets	—	0
Inventories	—	4,126
Intangible assets other than goodwill	—	16,574
Net fixed assets	258,277	188,490
Liabilities and equity	8,766,661	5,288,312
Total liabilities	6,722,180	3,666,852
Deposits	0	408,913
Total borrowings	6,685,671	1,396,991
Subordinated debt	—	0
Other short term financial liabilities	—	4,040
Trade and other payables	8,966	150,045
Provisions for employee benefits	27,543	20,617
Deferred revenue	—	4,052
Current tax liabilities	—	8,389
Deferred tax liabilities	—	0
Total equity	2,044,481	1,220,875
Paid in capital	—	434,291
Retained earnings total	1,074,750	141,526
Share premium	—	0
Treasury shares	—	0
Donated equity total	969,732	156,609
Equity reserves	—	90,962
Other equity interest	—	0

	AFODENIC	All
Number of MFIs	1	451
As of date	2008-12-31	2008
Number of active borrowers	4,733	8,009
Number of outstanding loans	4,733	8,456
Number of depositors	—	1,070
Number of deposit accounts	—	2,060

	AFODENIC	All
Number of MFIs	1	451
Start date	2008-01-01	2008
As of date	2008-12-31	2008
Currency	USD	USD
Operating income	1,471,222	1,255,526
Interest and fee income	1,000,850	1,187,056
Revenue from interest	960,571	1,056,911
Interest income from loans	955,024	1,006,275
Financial revenue from investments	5,547	13,077
Other interest income	0	1,649
Fee and commission income	40,279	95,482
Fee income from loans	40,279	58,055
Income from penalty fees	0	0
Fee and commission income from other financial services	0	0
Other fee and commission income	0	2
Other operating income	485,942	10,904
Gains (losses) on exchange differences on translation recognised in profit or loss	-15,571	0
Gains (losses) on disposals of property, plant and equipment	0	0
Gains (losses) on financial assets	—	—
Gains (losses) on financial liabilities at fair value through profit or loss	0	0
Gains (losses) on held-to-maturity investments	0	0
Gains (losses) on loans and receivables	0	0
Gains (losses) on available-for-sale financial assets	0	0
Gains (losses) on financial liabilities at amortised cost	0	0
Gains (losses) on net monetary position	0	0
Financial expense	69,467	240,482
Interest and fee expense	69,467	261,393
Interest expense	65,362	250,036
Interest expense on borrowings	65,362	143,038
Interest expense on deposits	0	19,270
Interest expense on subordinated debt	0	0
Fee expense	4,105	984
Fee and commission expense on deposits	0	0
Fee and commission expense on borrowings	4,105	0
Other fee and commission expense	0	67
Other financial expense	0	0
Net impairment loss, gross loan portfolio	221,652	52,097
Impairment loss (reversal of impairment loss), gross loan portfolio	231,184	67,068
Recovery loan losses	9,532	1,857
Operating expense	631,039	858,343
Personnel expense	368,235	481,282
Depreciation expense	70,114	34,136
Administrative expense	192,689	337,503
Net operating income	549,065	82,657
Non operating income net	67,997	0
Net income before taxes and donations	617,062	87,247
Tax expense	0	3,988
Net income after taxes before donations	617,062	73,372
Donations	0	2,252
Net income after taxes and donations	617,062	107,069

	AFODENIC	All
Number of MFIs	1	451
Start date	2008-01-01	2008
As of date	2008-12-31	2008
Currency	USD	USD
Impairment loss (reversal of impairment loss), gross loan portfolio	231,184	68,757
Impairment loss recognised	231,184	72,579
Reversal of impairment loss	0	0
Other movements on impairment loss allowance	0	0
Exchange differences on impairment loss	0	0
Write offs	63,052	11,444

MIX Market

AFODENIC4Asociacion para el Fomento al Desarrollo de Nicaragua

1. Choose data set

2. Choose display options

Offices

Total assets

Personnel

Legend

Deposits to total assets

Capital/asset ratio

Gross loan portfolio to total assets

Legend

Average loan balance borrower per borrower / GNI per capita

Average deposit balance per depositor / GNI per capita

Percent of women borrowers

Legend

Return on assets

Return on equity

Yield on gross portfolio (nominal)

Legend

Borrowers per staff member

Financial revenue/ assets

Cost per borrower

Legend

Provision for loan impairment/ assets

Portfolio at risk > 30 days

Write-off ratio

Legend