- Total assets
- Gross loan portfolio
- Total equity
Institutional Characteristics
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Currency | USD | USD | USD | |
| Total assets |
 |
1,691,866 | 7,489,267 | 13,845,172 |
| Offices |
 |
13 | 40 | 64 |
| Personnel |
 |
67 | 234 | 562 |
Financing Structure
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Capital/asset ratio |
 |
49.01% | 19.95% | 16.84% |
| Debt to equity ratio |
 |
1.04 | 4.01 | 4.94 |
| Deposits to loans |
 |
12.32% | 17.55% | 18.93% |
| Deposits to total assets |
 |
3.43% | 11.05% | 10.61% |
| Gross loan portfolio to total assets |
 |
27.88% | 62.99% | 56.04% |
Outreach
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Currency | USD | USD | USD | |
| + Number of active borrowers |
 |
5,808 | 37,543 | 62,609 |
| — | — | — | 385 | |
| — | — | — | 62,224 | |
| — | — | — | 62,609 | |
| — | — | — | 62,609 | |
| — | — | — | 94 | |
| — | 5,808 | 37,543 | 62,515 | |
| — | — | — | 11,585 | |
| — | — | — | 51,024 | |
| Percent of women borrowers |
 |
100.00% | 100.00% | 99.85% |
| + Number of outstanding loans |
|
5,808 | 37,543 | 62,609 |
| — | — | — | 11,585 | |
| — | — | — | 51,024 | |
| — | — | — | 385 | |
| — | — | — | 62,224 | |
| — | — | — | 62,609 | |
| — | — | — | 62,609 | |
| — | 5,808 | 37,543 | 60,680 | |
| — | — | — | — | |
| — | 0 | 0 | 956 | |
| — | — | — | — | |
| — | 0 | 0 | 667 | |
| — | — | — | — | |
| — | 0 | 0 | 306 | |
| — | 0 | 0 | 0 | |
| — | 0 | 0 | 0 | |
| — | — | — | 94 | |
| — | — | — | 62,515 | |
| + Gross loan portfolio |
 |
471,732 | 4,717,165 | 7,759,284 |
| — | — | — | 1,687,321 | |
| — | — | — | 6,071,963 | |
| — | — | — | 354,450 | |
| — | — | — | 7,404,834 | |
| — | — | — | 7,759,284 | |
| — | — | — | 7,759,284 | |
| — | 471,732 | — | 7,464,409 | |
| — | 0 | 0 | 7,012,844 | |
| — | 0 | 0 | 80,313 | |
| — | — | — | — | |
| — | 0 | 0 | 115,641 | |
| — | — | — | — | |
| — | 0 | 0 | 98,921 | |
| — | 0 | 0 | 0 | |
| — | 0 | 0 | 0 | |
| — | — | — | 86,541 | |
| — | — | — | 7,672,743 | |
| Average loan balance per borrower |
 |
81 | 126 | 124 |
| Average loan balance borrower per borrower / GNI per capita |
 |
24.61% | 33.96% | 33.50% |
| Average outstanding balance |
|
81 | 126 | 124 |
| Average outstanding balance / GNI per capita |
|
24.61% | 33.96% | 33.50% |
| + Number of depositors |
 |
0 | 0 | 62,609 |
| — | — | — | 62,609 | |
| — | — | — | 62,609 | |
| — | — | — | 94 | |
| — | — | — | 62,515 | |
| + Number of deposit accounts |
|
0 | 0 | 62,609 |
| — | — | — | 62,609 | |
| — | — | — | 62,609 | |
| — | — | — | 94 | |
| — | — | — | 62,515 | |
| + Deposits |
 |
58,115 | 827,662 | 1,468,928 |
| — | 58,115 | 827,662 | 1,468,928 | |
| — | 0 | 0 | 0 | |
| — | 0 | 0 | — | |
| — | 0 | 0 | — | |
| — | 58,115 | 827,662 | 1,468,928 | |
| Average deposit balance per depositor |
 |
— | — | 23 |
| Average deposit balance per depositor / GNI per capita |
 |
— | — | 6.00% |
| Average deposit account balance |
|
— | — | 23 |
| Average deposit account balance / GNI per capita |
|
— | — | 0 |
Overall Financial Performance
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | ||
| Return on assets |
 |
— | 3.44% | -2.07% |
| Return on equity |
 |
— | 13.59% | -11.53% |
| Operational self sufficiency |
 |
21.65% | 113.34% | 93.41% |
Revenues
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | ||
| Financial revenue/ assets |
 |
— | 29.23% | 29.31% |
| Profit margin |
 |
-361.81% | 11.77% | -7.05% |
| Yield on gross portfolio (nominal) |
 |
— | 47.40% | 48.56% |
| Yield on gross portfolio (real) |
 |
— | 39.14% | 40.25% |
Expenses
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | ||
| Total expense/ assets |
 |
— | 25.79% | 31.37% |
| Financial expense/ assets |
 |
— | 3.61% | 11.52% |
| Provision for loan impairment/ assets |
 |
— | 3.33% | 2.91% |
| Operating expense/ assets |
 |
— | 18.84% | 16.94% |
| Personnel expense/ assets |
 |
— | 8.67% | 11.47% |
| Administrative expense/ assets |
 |
— | 10.17% | 5.47% |
Efficiency
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | ||
| Operating expense/ loan portfolio |
 |
— | 33.34% | 28.96% |
| Personnel expense/ loan portfolio |
 |
— | 15.34% | 19.61% |
| Average salary/ GNI per capita |
 |
— | 7.15 | 8.31 |
| Cost per borrower |
 |
— | 40 | 36 |
| Cost per loan |
|
— | 40 | 36 |
Productivity
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Borrowers per staff member |
 |
87 | 160 | 111 |
| Loans per staff member |
|
87 | 160 | 111 |
| Borrowers per loan officer |
 |
94 | 168 | 181 |
| Loans per loan officer |
|
94 | 168 | 181 |
| Depositors per staff member |
 |
0 | 0 | 111 |
| Deposit accounts per staff member |
 |
0 | 0 | 111 |
| Personnel allocation ratio |
 |
92.54% | 95.30% | 61.57% |
Risk and Liquidity
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | ||
| Portfolio at risk > 30 days |
 |
0.00% | 0.00% | 3.80% |
| Portfolio at risk > 90 days |
 |
0.00% | 0.00% | 2.77% |
| Write-off ratio |
 |
— | 0.00% | 0.00% |
| Loan loss rate |
|
— | 0.00% | 0.00% |
| Risk coverage |
 |
— | — | 142.79% |
| Non-earning liquid assets as a % of total assets |
 |
65.60% | 36.49% | 44.54% |