- Total assets
- Gross loan portfolio
- Total equity
Institutional Characteristics
| 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Currency | USD | USD | USD | USD | |
| Total assets |
 |
3,254,779 | 3,960,663 | 5,116,716 | 4,800,533 |
| Offices |
 |
— | 14 | 15 | 17 |
| Personnel |
 |
66 | 80 | 100 | 133 |
Financing Structure
| 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Capital/asset ratio |
 |
51.75% | 48.00% | 42.59% | 39.16% |
| Debt to equity ratio |
 |
— | 1.08 | 1.35 | 1.55 |
| 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 |
 |
85.20% | 93.83% | 90.75% | 90.26% |
Outreach
| 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Currency | USD | USD | USD | USD | |
| + Number of active borrowers |
 |
8,549 | 10,839 | 11,092 | 12,604 |
| — | — | 8,888 | 8,874 | 10,335 | |
| — | — | — | — | 0 | |
| — | — | — | — | 4,649 | |
| — | — | — | — | 7,955 | |
| Percent of women borrowers |
 |
— | 82.00% | 80.00% | 82.00% |
| + Number of outstanding loans |
 |
— | 10,839 | 11,092 | 12,604 |
| — | — | 10,839 | 11,092 | — | |
| — | — | — | — | — | |
| — | — | 0 | 0 | — | |
| — | — | — | — | — | |
| — | — | 0 | 0 | — | |
| — | — | — | — | — | |
| — | — | 0 | 0 | — | |
| — | — | 0 | 0 | — | |
| — | — | 0 | 0 | — | |
| — | — | — | — | — | |
| — | — | — | — | 12,604 | |
| + Gross loan portfolio |
 |
2,773,179 | 3,716,377 | 4,643,516 | 4,333,075 |
| — | — | — | — | — | |
| — | — | — | — | 4,333,075 | |
| — | — | 3,625,373 | 4,561,801 | 4,210,409 | |
| — | — | — | — | 4,049,955 | |
| — | — | 91,004 | 81,715 | 283,120 | |
| — | — | 48,553 | 32,748 | 29,612 | |
| — | — | — | — | — | |
| — | — | 23,033 | 19,366 | 31,576 | |
| — | — | — | — | — | |
| — | — | 18,067 | 28,513 | 48,647 | |
| — | — | 0 | 0 | 2,088 | |
| — | — | 1,351 | 1,087 | 10,744 | |
| Average loan balance per borrower |
 |
324 | 343 | 419 | 344 |
| Average loan balance borrower per borrower / GNI per capita |
 |
4.01% | 3.92% | 4.45% | 3.66% |
| Average outstanding balance |
 |
— | 343 | 419 | 344 |
| Average outstanding balance / GNI per capita |
 |
— | 3.92% | 4.45% | 3.66% |
| + Number of depositors |
|
0 | — | 0 | 0 |
| — | — | — | — | — | |
| — | — | — | — | 0 | |
| — | — | — | — | 0 | |
| Number of deposit accounts |
|
— | — | 0 | — |
| + Deposits |
 |
— | 0 | 0 | 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
| 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | USD | ||
| Return on assets |
 |
— | 9.83% | 8.19% | 0.62% |
| Return on equity |
 |
— | 19.78% | 18.23% | 1.53% |
| Operational self sufficiency |
 |
— | 121.83% | 117.71% | 101.13% |
Revenues
| 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | USD | ||
| Financial revenue/ assets |
 |
— | 54.86% | 54.45% | 56.10% |
| Profit margin |
 |
— | 17.92% | 15.05% | 1.11% |
| Yield on gross portfolio (nominal) |
 |
— | 59.74% | 57.59% | 61.58% |
| Yield on gross portfolio (real) |
 |
— | 54.14% | 51.57% | 55.41% |
Expenses
| 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | USD | ||
| Total expense/ assets |
 |
— | 45.03% | 46.26% | 55.47% |
| Financial expense/ assets |
 |
— | 4.83% | 6.16% | 7.73% |
| Provision for loan impairment/ assets |
 |
— | 2.59% | 1.53% | 3.42% |
| Operating expense/ assets |
 |
— | 37.60% | 38.57% | 44.32% |
| Personnel expense/ assets |
 |
— | 27.07% | 26.88% | 33.45% |
| Administrative expense/ assets |
 |
— | 10.53% | 11.69% | 10.88% |
Efficiency
| 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | USD | ||
| Operating expense/ loan portfolio |
 |
— | 41.81% | 41.88% | 48.97% |
| Personnel expense/ loan portfolio |
 |
— | 30.10% | 29.19% | 36.95% |
| Average salary/ GNI per capita |
 |
— | 1.53 | 1.44 | 1.51 |
| Cost per borrower |
 |
— | 140 | 160 | 185 |
| Cost per loan |
 |
— | — | 160 | 185 |
Productivity
| 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| Borrowers per staff member |
 |
130 | 135 | 111 | 95 |
| Loans per staff member |
 |
— | 135 | 111 | 95 |
| Borrowers per loan officer |
 |
— | 278 | 246 | 200 |
| Loans per loan officer |
|
— | 278 | 246 | 200 |
| Depositors per staff member |
|
0 | — | 0 | 0 |
| Deposit accounts per staff member |
|
— | — | 0 | — |
| Personnel allocation ratio |
 |
— | 48.75% | 45.00% | 47.37% |
Risk and Liquidity
| 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
| USD | USD | USD | USD | ||
| Portfolio at risk > 30 days |
 |
— | 2.45% | 1.76% | 2.83% |
| Portfolio at risk > 90 days |
 |
— | 1.14% | 1.05% | 2.15% |
| Write-off ratio |
 |
— | 3.78% | 1.98% | 2.49% |
| Loan loss rate |
 |
— | 3.30% | 1.83% | 2.38% |
| Risk coverage |
 |
— | 87.09% | 87.03% | 87.11% |
| Non-earning liquid assets as a % of total assets |
 |
— | 5.56% | 7.75% | 8.21% |