- Total assets
- Gross loan portfolio
- Total equity
Institutional Characteristics
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Currency | USD | USD | USD | USD | |
| Total assets |
 |
73,263 | 446,153 | 827,963 | 1,880,848 |
| Offices |
 |
— | — | — | 4 |
| Personnel |
 |
11 | 38 | 36 | 100 |
Financing Structure
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Capital/asset ratio |
 |
93.30% | 88.61% | 85.36% | 74.66% |
| Debt to equity ratio |
 |
0.07 | 0.13 | 0.17 | 0.34 |
| Deposits to loans |
 |
— | — | — | 29.04% |
| Deposits to total assets |
 |
— | — | — | 16.74% |
| Gross loan portfolio to total assets |
 |
65.71% | 44.15% | 59.47% | 57.65% |
Outreach
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Currency | USD | USD | USD | USD | |
| + Number of active borrowers |
 |
936 | 3,735 | 4,936 | 11,160 |
| — | 784 | 3,015 | 3,992 | 9,070 | |
| Percent of women borrowers |
 |
83.76% | 80.72% | 80.88% | 81.27% |
| + Number of outstanding loans |
 |
— | — | — | 11,160 |
| — | — | — | — | 0 | |
| — | — | — | — | — | |
| — | — | — | — | 0 | |
| — | — | — | — | — | |
| — | — | — | — | 0 | |
| — | — | — | — | — | |
| — | — | — | — | 0 | |
| — | — | — | — | 43 | |
| — | — | — | — | 0 | |
| + Gross loan portfolio |
 |
48,143 | 196,968 | 492,369 | 1,084,329 |
| — | — | — | — | 1,073,095 | |
| — | 0 | 2,677 | 2,089 | 11,234 | |
| — | — | — | — | 9,456 | |
| — | — | — | — | — | |
| — | — | — | — | 0 | |
| — | — | — | — | — | |
| — | — | — | — | 0 | |
| — | — | — | — | 1,778 | |
| — | — | — | — | 0 | |
| Average loan balance per borrower |
 |
51 | 53 | 100 | 97 |
| Average loan balance borrower per borrower / GNI per capita |
 |
46.76% | 43.95% | 76.73% | 69.40% |
| Average outstanding balance |
 |
— | — | — | 97 |
| Average outstanding balance / GNI per capita |
 |
— | — | — | 69.40% |
| Number of depositors |
|
0 | 0 | 0 | 11,160 |
| Number of deposit accounts |
|
— | — | — | 11,160 |
| + Deposits |
 |
— | — | — | 314,922 |
| — | — | — | — | 314,922 | |
| — | 0 | 0 | 0 | 0 | |
| — | — | — | — | 0 | |
| — | — | — | — | 0 | |
| — | — | — | — | 314,922 | |
| Average deposit balance per depositor |
 |
— | — | — | 28 |
| Average deposit balance per depositor / GNI per capita |
 |
— | — | — | 20.00% |
| Average deposit account balance |
|
— | — | — | 28 |
| Average deposit account balance / GNI per capita |
|
— | — | — | 0 |
Overall Financial Performance
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Return on assets |
 |
— | -81.98% | -34.10% | -24.21% |
| Return on equity |
 |
— | -91.84% | -39.43% | -31.07% |
| Operational self sufficiency |
 |
7.13% | 29.99% | 51.52% | 63.07% |
Revenues
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Financial revenue/ assets |
 |
— | 35.12% | 36.24% | 41.34% |
| Profit margin |
 |
-1,303.32% | -233.42% | -94.12% | -58.56% |
| Yield on gross portfolio (nominal) |
 |
— | — | — | 70.97% |
| Yield on gross portfolio (real) |
 |
— | — | — | 46.19% |
Expenses
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Total expense/ assets |
 |
— | 117.11% | 70.34% | 65.55% |
| Financial expense/ assets |
 |
— | 0.00% | 0.00% | 2.79% |
| Provision for loan impairment/ assets |
 |
— | 1.45% | 0.74% | 1.35% |
| Operating expense/ assets |
 |
— | 115.66% | 69.60% | 61.41% |
| Personnel expense/ assets |
 |
— | — | — | 33.22% |
| Administrative expense/ assets |
 |
— | — | — | 28.19% |
Efficiency
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Operating expense/ loan portfolio |
 |
— | 245.09% | 128.64% | 105.51% |
| Personnel expense/ loan portfolio |
 |
— | — | — | 57.08% |
| Average salary/ GNI per capita |
 |
— | — | — | 47.27 |
| Cost per borrower |
 |
— | 129 | 102 | 103 |
| Cost per loan |
 |
— | — | — | — |
Productivity
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| Borrowers per staff member |
 |
85 | 98 | 137 | 112 |
| Loans per staff member |
 |
— | — | — | 112 |
| Borrowers per loan officer |
 |
— | — | — | 183 |
| Loans per loan officer |
|
— | — | — | 183 |
| Depositors per staff member |
|
0 | 0 | 0 | 112 |
| Deposit accounts per staff member |
|
— | — | — | 112 |
| Personnel allocation ratio |
 |
— | — | — | 61.00% |
Risk and Liquidity
| 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|
| As of date | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | |
| USD | USD | USD | USD | ||
| Portfolio at risk > 30 days |
 |
0.00% | 1.36% | 0.42% | 1.04% |
| Portfolio at risk > 90 days |
 |
— | — | — | 0.16% |
| Write-off ratio |
 |
— | 0.01% | 0.04% | 0.13% |
| Loan loss rate |
|
— | 0.01% | 0.04% | 0.13% |
| Risk coverage |
 |
— | 156.00% | 431.90% | 230.93% |
| Non-earning liquid assets as a % of total assets |
 |
— | — | — | 32.81% |