- Total assets
- Gross loan portfolio
- Total equity
Institutional Characteristics
| 2007 | 2008 | ||
|---|---|---|---|
| As of date | 2007-12-31 | 2008-12-31 | |
| Currency | USD | USD | |
| Total assets |
 |
1,181,334 | 8,253,711 |
| Offices |
 |
8 | 17 |
| Personnel |
 |
45 | 120 |
Financing Structure
| 2007 | 2008 | ||
|---|---|---|---|
| As of date | 2007-12-31 | 2008-12-31 | |
| Capital/asset ratio |
 |
36.03% | 35.08% |
| Debt to equity ratio |
 |
1.78 | 1.85 |
| Deposits to loans |
 |
25.10% | 23.58% |
| Deposits to total assets |
 |
10.14% | 5.00% |
| Gross loan portfolio to total assets |
 |
40.39% | 21.21% |
Outreach
| 2007 | 2008 | ||
|---|---|---|---|
| As of date | 2007-12-31 | 2008-12-31 | |
| Currency | USD | USD | |
| + Number of active borrowers |
 |
3,455 | 10,403 |
| — | — | 10,403 | |
| — | 3,455 | 10,403 | |
| — | — | 10,403 | |
| — | — | 10,403 | |
| Percent of women borrowers |
 |
— | 100.00% |
| + Number of outstanding loans |
 |
— | 10,403 |
| — | — | 10,403 | |
| — | — | 9,117 | |
| — | — | — | |
| — | — | 875 | |
| — | — | — | |
| — | — | 392 | |
| — | — | — | |
| — | — | 19 | |
| — | — | 0 | |
| — | — | 0 | |
| — | — | 10,403 | |
| — | — | 10,403 | |
| — | — | 10,403 | |
| + Gross loan portfolio |
 |
477,128 | 1,750,546 |
| — | — | 1,750,546 | |
| — | — | 1,680,085 | |
| — | — | — | |
| — | — | 64,342 | |
| — | — | — | |
| — | — | 4,386 | |
| — | — | — | |
| — | — | 1,732 | |
| — | — | 0 | |
| — | — | 0 | |
| — | — | 1,750,546 | |
| — | — | 1,750,546 | |
| — | — | 1,750,546 | |
| Average loan balance per borrower |
 |
138 | 168 |
| Average loan balance borrower per borrower / GNI per capita |
 |
14.54% | 17.71% |
| Average outstanding balance |
 |
— | 168 |
| Average outstanding balance / GNI per capita |
 |
— | 17.71% |
| + Number of depositors |
 |
4,772 | — |
| — | 4,772 | 25,017 | |
| — | — | 14,614 | |
| — | — | 14,614 | |
| — | — | 0 | |
| — | — | 10,403 | |
| Number of deposit accounts |
 |
— | — |
| + Deposits |
 |
119,744 | 412,801 |
| — | — | 412,801 | |
| — | — | 258,414 | |
| — | — | 258,414 | |
| — | — | 0 | |
| — | — | 154,387 | |
| Average deposit balance per depositor |
 |
25 | — |
| Average deposit balance per depositor / GNI per capita |
 |
3.00% | — |
| Average deposit account balance |
|
— | — |
| Average deposit account balance / GNI per capita |
|
— | — |
Overall Financial Performance
| 2007 | 2008 | ||
|---|---|---|---|
| As of date | 2007-12-31 | 2008-12-31 | |
| USD | USD | ||
| Return on assets |
 |
— | -18.00% |
| Return on equity |
 |
— | -51.13% |
| Operational self sufficiency |
 |
34.45% | 39.56% |
Revenues
| 2007 | 2008 | ||
|---|---|---|---|
| As of date | 2007-12-31 | 2008-12-31 | |
| USD | USD | ||
| Financial revenue/ assets |
 |
— | 11.78% |
| Profit margin |
 |
-190.28% | -152.79% |
| Yield on gross portfolio (nominal) |
 |
— | 49.89% |
| Yield on gross portfolio (real) |
 |
— | 38.81% |
Expenses
| 2007 | 2008 | ||
|---|---|---|---|
| As of date | 2007-12-31 | 2008-12-31 | |
| USD | USD | ||
| Total expense/ assets |
 |
— | 29.78% |
| Financial expense/ assets |
 |
— | 8.17% |
| Provision for loan impairment/ assets |
 |
— | 2.21% |
| Operating expense/ assets |
 |
— | 19.40% |
| Personnel expense/ assets |
 |
— | 7.15% |
| Administrative expense/ assets |
 |
— | 12.25% |
Efficiency
| 2007 | 2008 | ||
|---|---|---|---|
| As of date | 2007-12-31 | 2008-12-31 | |
| USD | USD | ||
| Operating expense/ loan portfolio |
 |
— | 82.18% |
| Personnel expense/ loan portfolio |
 |
— | 30.29% |
| Average salary/ GNI per capita |
 |
— | 4.30 |
| Cost per borrower |
 |
— | 132 |
| Cost per loan |
|
— | — |
Productivity
| 2007 | 2008 | ||
|---|---|---|---|
| As of date | 2007-12-31 | 2008-12-31 | |
| Borrowers per staff member |
 |
77 | 87 |
| Loans per staff member |
 |
— | 87 |
| Borrowers per loan officer |
 |
— | 139 |
| Loans per loan officer |
|
— | 139 |
| Depositors per staff member |
 |
106 | — |
| Deposit accounts per staff member |
|
— | — |
| Personnel allocation ratio |
 |
— | 62.50% |
Risk and Liquidity
| 2007 | 2008 | ||
|---|---|---|---|
| As of date | 2007-12-31 | 2008-12-31 | |
| USD | USD | ||
| Portfolio at risk > 30 days |
 |
0.00% | 4.03% |
| Portfolio at risk > 90 days |
 |
0.00% | 0.35% |
| Write-off ratio |
 |
— | 5.61% |
| Loan loss rate |
|
— | 5.61% |
| Risk coverage |
 |
— | 77.86% |
| Non-earning liquid assets as a % of total assets |
 |
25.15% | 73.80% |