- Total assets
- Gross loan portfolio
- Total equity
Institutional Characteristics
| 2005 | 2006 | 2007 | ||
|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Currency | USD | USD | USD | |
| Total assets |
 |
127,390 | 670,164 | 1,333,865 |
| Offices |
 |
— | 8 | 8 |
| Personnel |
 |
38 | 26 | 56 |
Financing Structure
| 2005 | 2006 | 2007 | ||
|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Capital/asset ratio |
 |
16.87% | 10.72% | 11.12% |
| Debt to equity ratio |
 |
4.93 | 8.33 | 7.99 |
| Deposits to loans |
 |
— | 78.71% | 92.72% |
| Deposits to total assets |
 |
— | 64.34% | 67.16% |
| Gross loan portfolio to total assets |
 |
47.23% | 81.74% | 72.44% |
Outreach
| 2005 | 2006 | 2007 | ||
|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Currency | USD | USD | USD | |
| + Number of active borrowers |
 |
1,815 | 5,300 | 3,220 |
| — | 1,255 | 3,700 | — | |
| Percent of women borrowers |
 |
69.15% | 69.81% | — |
| + Number of outstanding loans |
 |
— | 5,300 | 3,220 |
| — | — | 0 | 0 | |
| — | — | — | — | |
| — | — | 0 | 0 | |
| — | — | — | — | |
| — | — | 0 | 0 | |
| — | — | — | — | |
| — | — | 0 | 0 | |
| — | — | 0 | 0 | |
| — | — | 0 | 0 | |
| + Gross loan portfolio |
 |
60,167 | 547,792 | 966,193 |
| — | — | 540,981 | 944,800 | |
| — | — | 6,811 | 21,393 | |
| — | — | 5,088 | 0 | |
| — | — | — | — | |
| — | — | 1,722 | 0 | |
| — | — | — | — | |
| — | — | 0 | 21,393 | |
| — | — | 0 | 0 | |
| — | — | 0 | 0 | |
| Average loan balance per borrower |
 |
33 | 103 | 300 |
| Average loan balance borrower per borrower / GNI per capita |
 |
9.75% | 29.53% | 83.35% |
| Average outstanding balance |
 |
— | 103 | 300 |
| Average outstanding balance / GNI per capita |
 |
— | 29.53% | 83.35% |
| Number of depositors |
 |
3,318 | 5,300 | 14,000 |
| Number of deposit accounts |
 |
— | 5,300 | 14,000 |
| + Deposits |
 |
— | 431,170 | 895,850 |
| — | — | 430,379 | 895,850 | |
| — | 101,241 | 377,998 | 573,787 | |
| — | — | 377,207 | 573,787 | |
| — | — | 791 | 0 | |
| — | — | 53,172 | 322,063 | |
| Average deposit balance per depositor |
 |
— | 81 | 64 |
| Average deposit balance per depositor / GNI per capita |
 |
— | 23.00% | 18.00% |
| Average deposit account balance |
|
— | 81 | 64 |
| Average deposit account balance / GNI per capita |
|
— | 0 | 0 |
Overall Financial Performance
| 2005 | 2006 | 2007 | ||
|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | ||
| Return on assets |
 |
— | -9.12% | -4.80% |
| Return on equity |
 |
— | -77.95% | -43.72% |
| Operational self sufficiency |
 |
27.62% | 71.51% | 81.63% |
Revenues
| 2005 | 2006 | 2007 | ||
|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | ||
| Financial revenue/ assets |
 |
— | 22.90% | 21.34% |
| Profit margin |
 |
-262.01% | -39.85% | -22.51% |
| Yield on gross portfolio (nominal) |
 |
— | 15.02% | 23.78% |
| Yield on gross portfolio (real) |
 |
— | 12.52% | 22.60% |
Expenses
| 2005 | 2006 | 2007 | ||
|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | ||
| Total expense/ assets |
 |
— | 32.02% | 26.15% |
| Financial expense/ assets |
 |
— | 2.08% | 2.51% |
| Provision for loan impairment/ assets |
 |
— | 0.68% | -0.06% |
| Operating expense/ assets |
 |
— | 29.26% | 23.70% |
| Personnel expense/ assets |
 |
— | 14.27% | 11.25% |
| Administrative expense/ assets |
 |
— | 14.99% | 12.45% |
Efficiency
| 2005 | 2006 | 2007 | ||
|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | ||
| Operating expense/ loan portfolio |
 |
— | 38.39% | 31.37% |
| Personnel expense/ loan portfolio |
 |
— | 18.72% | 14.88% |
| Average salary/ GNI per capita |
 |
— | 5.08 | 7.63 |
| Cost per borrower |
 |
— | 33 | 56 |
| Cost per loan |
 |
— | — | 56 |
Productivity
| 2005 | 2006 | 2007 | ||
|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Borrowers per staff member |
 |
48 | 204 | 58 |
| Loans per staff member |
 |
— | 204 | 58 |
| Borrowers per loan officer |
 |
— | 589 | 189 |
| Loans per loan officer |
|
— | 589 | 189 |
| Depositors per staff member |
 |
87 | 204 | 250 |
| Deposit accounts per staff member |
 |
— | 204 | 250 |
| Personnel allocation ratio |
 |
— | 34.62% | 30.36% |
Risk and Liquidity
| 2005 | 2006 | 2007 | ||
|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | ||
| Portfolio at risk > 30 days |
 |
— | 1.24% | 2.21% |
| Portfolio at risk > 90 days |
 |
— | 0.31% | 2.21% |
| Write-off ratio |
 |
— | 0.50% | -0.04% |
| Loan loss rate |
|
— | 0.50% | -0.04% |
| Risk coverage |
 |
— | 39.12% | 12.26% |
| Non-earning liquid assets as a % of total assets |
 |
— | 8.15% | 10.34% |