- 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 |
 |
9,267,675 | 10,439,474 | 13,398,749 |
| Offices |
 |
8 | 9 | 11 |
| Personnel |
 |
27 | 30 | 39 |
Financing Structure
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Capital/asset ratio |
 |
42.68% | 40.29% | 29.81% |
| Debt to equity ratio |
 |
1.34 | 1.48 | 2.35 |
| Deposits to loans |
 |
0.00% | 0.00% | 0.00% |
| Deposits to total assets |
|
0.00% | 0.00% | 0.00% |
| Gross loan portfolio to total assets |
 |
68.43% | 67.59% | 75.99% |
Outreach
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Currency | USD | USD | USD | |
| + Number of active borrowers |
 |
8,379 | 6,545 | 4,198 |
| — | — | — | 1,541 | |
| — | 1,392 | 1,715 | 842 | |
| — | — | — | 1,815 | |
| — | — | — | 4,198 | |
| — | — | — | 210 | |
| — | — | — | 119 | |
| — | — | — | 91 | |
| — | — | — | 3,988 | |
| — | — | — | 2,383 | |
| — | — | — | 1,815 | |
| — | — | — | 288 | |
| — | — | — | 3,910 | |
| Percent of women borrowers |
 |
16.61% | 26.20% | 20.06% |
| + Number of outstanding loans |
|
8,379 | 6,545 | 4,198 |
| — | — | — | 1,541 | |
| — | — | — | 842 | |
| — | — | — | 1,815 | |
| — | — | — | 2,383 | |
| — | — | — | 1,815 | |
| — | 8,373 | 6,535 | 3,996 | |
| — | — | — | — | |
| — | 0 | 0 | 61 | |
| — | — | — | — | |
| — | 0 | 0 | 20 | |
| — | — | — | — | |
| — | 0 | 0 | 19 | |
| — | 6 | 10 | 6 | |
| — | 0 | 0 | 96 | |
| — | — | — | 288 | |
| — | — | — | 3,910 | |
| — | — | — | 4,198 | |
| — | — | — | 210 | |
| — | — | — | 119 | |
| — | — | — | 91 | |
| — | — | — | 3,988 | |
| + Gross loan portfolio |
 |
6,341,636 | 7,056,451 | 10,181,309 |
| — | — | — | 7,160,209 | |
| — | — | — | 2,481,794 | |
| — | — | — | 539,305 | |
| — | — | — | 9,642,003 | |
| — | — | — | 539,305 | |
| — | 5,183,975 | 6,082,147 | 9,351,559 | |
| — | 1,157,660 | 974,304 | — | |
| — | 15,726 | 57,569 | 108,910 | |
| — | — | — | — | |
| — | 4,398 | 0 | 22,497 | |
| — | — | — | — | |
| — | 38,290 | 12,866 | 45,669 | |
| — | 4,458 | 10,746 | 109,941 | |
| — | 1,094,788 | 893,122 | 542,732 | |
| — | — | — | 1,870,140 | |
| — | — | — | 8,311,168 | |
| — | — | — | 10,181,309 | |
| — | — | — | 1,154,762 | |
| — | — | — | 319,249 | |
| — | — | — | 835,513 | |
| — | — | — | 9,026,546 | |
| Average loan balance per borrower |
 |
757 | 1,078 | 2,425 |
| Average loan balance borrower per borrower / GNI per capita |
 |
68.18% | 85.57% | 192.48% |
| Average outstanding balance |
|
757 | 1,078 | 2,425 |
| Average outstanding balance / GNI per capita |
|
68.18% | 85.57% | 192.48% |
| + Number of depositors |
|
0 | 0 | 0 |
| — | — | — | 0 | |
| — | — | — | 0 | |
| — | — | — | 0 | |
| + Number of deposit accounts |
|
0 | 0 | 0 |
| — | — | — | 0 | |
| — | — | — | 0 | |
| — | — | — | 0 | |
| + Deposits |
 |
0 | 0 | 0 |
| — | 0 | 0 | 0 | |
| — | 0 | 0 | 0 | |
| — | 0 | 0 | — | |
| — | 0 | 0 | — | |
| — | 0 | 0 | 0 | |
| 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
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | ||
| Return on assets |
 |
— | 1.12% | 1.94% |
| Return on equity |
 |
— | 2.71% | 5.64% |
| Operational self sufficiency |
 |
100.96% | 111.30% | 111.54% |
Revenues
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | ||
| Financial revenue/ assets |
 |
— | 11.05% | 18.74% |
| Profit margin |
 |
0.95% | 10.15% | 10.35% |
| Yield on gross portfolio (nominal) |
 |
— | 14.12% | 18.52% |
| Yield on gross portfolio (real) |
 |
— | 4.97% | 9.02% |
Expenses
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | ||
| Total expense/ assets |
 |
— | 9.93% | 16.80% |
| Financial expense/ assets |
 |
— | 3.61% | 9.30% |
| Provision for loan impairment/ assets |
 |
— | 0.43% | -0.50% |
| Operating expense/ assets |
 |
— | 5.89% | 7.99% |
| Personnel expense/ assets |
 |
— | 4.32% | 4.75% |
| Administrative expense/ assets |
 |
— | 1.57% | 3.24% |
Efficiency
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | ||
| Operating expense/ loan portfolio |
 |
— | 8.66% | 11.05% |
| Personnel expense/ loan portfolio |
 |
— | 6.35% | 6.57% |
| Average salary/ GNI per capita |
 |
— | 11.84 | 13.03 |
| Cost per borrower |
 |
— | 78 | 177 |
| Cost per loan |
|
— | 78 | 177 |
Productivity
| 2006 | 2007 | 2008 | ||
|---|---|---|---|---|
| As of date | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Borrowers per staff member |
 |
310 | 218 | 108 |
| Loans per staff member |
|
310 | 218 | 108 |
| Borrowers per loan officer |
 |
931 | 595 | 262 |
| Loans per loan officer |
|
931 | 595 | 262 |
| Depositors per staff member |
|
0 | 0 | 0 |
| Deposit accounts per staff member |
|
0 | 0 | 0 |
| Personnel allocation ratio |
 |
33.33% | 36.67% | 41.03% |
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 |
 |
18.25% | 13.81% | 8.15% |
| Portfolio at risk > 90 days |
 |
18.01% | 12.99% | 7.08% |
| Write-off ratio |
 |
— | 4.62% | 0.00% |
| Loan loss rate |
 |
— | 1.26% | -1.90% |
| Risk coverage |
 |
16.69% | 16.42% | 33.83% |
| Non-earning liquid assets as a % of total assets |
 |
10.30% | 8.32% | 4.00% |