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Asociación Arariwa5

Indicators
Currency
Years
  • Total assets
  • Gross loan portfolio
  • Total equity

Institutional Characteristics

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
Currency USD USD USD USD USD
Total assets 2,059,375 2,234,963 3,175,427 5,170,413 8,664,441
Offices — 3 3 12 3
Personnel 30 34 41 65 90

Financing Structure

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
Capital/asset ratio 74.11% 69.85% 61.61% 59.53% 38.31%
Debt to equity ratio — 0.43 0.62 0.68 1.61
Deposits to loans — 0.00% 0.80% 1.18% 0.00%
Deposits to total assets — 0.00% 0.74% 0.89% 0.00%
Gross loan portfolio to total assets 82.24% 93.06% 91.68% 75.14% 77.83%

Outreach

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
Currency USD USD USD USD USD
+ Number of active borrowers 7,531 9,015 11,080 12,726 16,881
— — — — — 3,714
— 5,422 6,581 7,978 9,545 13,167
— — — — — 16,881
— — — — — 16,881
— — — — — 16,861
— — — — — 20
— — — — — 110
— — — — — 16,771
— — — — — 6,752
— — — — — 10,129
Percent of women borrowers 72.00% 73.00% 72.00% 75.00% 78.00%
+ Number of outstanding loans — 12,273 13,739 16,942 24,498
— — — — — 9,799
— — — — — 14,699
— — 12,013 13,557 16,486 23,900
— — — — — —
— — 18 61 346 402
— — — — — —
— — 128 62 110 196
— — — — — —
— — 114 59 0 —
— — 0 0 0 —
— — 0 0 0 —
— — — — — 110
— — — — — 24,388
— — — — — 24,478
— — — — — 20
— — — — — 24,498
— — — — — 24,498
— — — — — 5,464
— — — — — 19,034
+ Gross loan portfolio 1,693,605 2,079,747 2,911,211 3,885,191 6,743,546
— — — — — 2,697,418
— — — — — 4,046,127
— — 2,035,768 2,872,613 3,780,983 6,579,096
— — 43,978 38,597 104,208 —
— — 3,037 12,867 24,831 110,830
— — — — — —
— — 21,606 13,240 79,377 53,620
— — — — — —
— — 19,336 12,490 0 0
— — 0 0 0 0
— — 0 0 0 0
— — — — — 423,504
— — — — — 6,320,042
— — — — — 6,705,045
— — — — — 38,501
— — — — — 6,743,546
— — — — — 6,743,546
— — — — — 1,665,473
— — — — — 5,078,073
Average loan balance per borrower 225 231 263 305 399
Average loan balance borrower per borrower / GNI per capita 9.25% 8.51% 8.82% 8.95% 11.71%
Average outstanding balance — 169 212 229 275
Average outstanding balance / GNI per capita — 6.25% 7.11% 6.73% 8.07%
+ Number of depositors 0 9,015 11,080 12,726 0
— — — — — 0
— — — — — 0
+ Number of deposit accounts — 462 11,080 12,726 0
— — — — — 0
— — — — — 0
+ Deposits — 0 23,422 45,830 0
— — 0 23,422 45,830 0
— — 0 0 0 —
— — 0 0 0 —
— — 0 0 0 —
— — 0 23,422 45,830 0
Average deposit balance per depositor — 0 2 4 —
Average deposit balance per depositor / GNI per capita — 0.00% 0.00% 0.00% —
Average deposit account balance — 0 2 4 —
Average deposit account balance / GNI per capita — 0 0 0 —

Overall Financial Performance

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Return on assets — 2.53% 7.19% 2.43% 6.68%
Return on equity — 3.52% 11.05% 4.03% 14.44%
Operational self sufficiency — 109.21% 130.90% 110.43% 127.89%

Revenues

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Financial revenue/ assets — 30.01% 30.44% 25.74% 30.63%
Profit margin — 8.43% 23.61% 9.45% 21.81%
Yield on gross portfolio (nominal) — 29.36% 30.61% 31.09% 41.65%
Yield on gross portfolio (real) — 27.30% 28.05% 28.79% 39.17%

Expenses

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Total expense/ assets — 27.48% 23.25% 23.31% 23.95%
Financial expense/ assets — 2.75% 4.90% 3.12% 4.84%
Provision for loan impairment/ assets — 4.15% -1.36% 1.61% 1.43%
Operating expense/ assets — 20.57% 19.71% 18.57% 17.68%
Personnel expense/ assets — 14.22% 14.27% 13.29% 12.20%
Administrative expense/ assets — 6.35% 5.45% 5.28% 5.48%

Efficiency

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Operating expense/ loan portfolio — 23.41% 21.37% 22.81% 23.01%
Personnel expense/ loan portfolio — 16.19% 15.46% 16.32% 15.88%
Average salary/ GNI per capita — 3.52 3.45 3.07 3.19
Cost per borrower — 53 53 65 83
Cost per loan — — 41 51 59

Productivity

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
Borrowers per staff member 251 265 270 196 188
Loans per staff member — 361 335 261 272
Borrowers per loan officer — 361 326 289 281
Loans per loan officer — 491 404 385 408
Depositors per staff member 0 265 270 196 0
Deposit accounts per staff member — 14 270 196 0
Personnel allocation ratio — 73.53% 82.93% 67.69% 66.67%

Risk and Liquidity

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Portfolio at risk > 30 days — 2.11% 1.33% 2.68% 2.44%
Portfolio at risk > 90 days — 1.97% 0.88% 2.04% 0.80%
Write-off ratio — 3.12% 0.28% 1.88% 0.56%
Loan loss rate — 1.94% -2.15% 0.99% -0.15%
Risk coverage — 163.28% 116.06% 83.89% 111.49%
Non-earning liquid assets as a % of total assets — 6.60% 7.21% 4.19% 9.91%