MIX Microfinance Information eXchange

MIX Market

Download DataCreate ReportRequest a changeAdd logoSubmit a File

LAPO-NGR5Lift Above Poverty Organisation

Indicators
Currency
Years
  • Total assets
  • Gross loan portfolio
  • Total equity

Institutional Characteristics

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
Currency USD USD USD USD USD
Total assets 2,778,429 5,332,909 11,688,472 27,401,005 39,717,151
Offices — 53 64 111 171
Personnel 237 295 500 1,018 1,639

Financing Structure

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
Capital/asset ratio 54.78% 42.01% 27.25% 18.60% 20.88%
Debt to equity ratio 0.83 1.38 2.67 4.38 3.79
Deposits to loans 39.04% 41.27% 45.79% 51.19% 59.65%
Deposits to total assets 26.50% 26.16% 30.92% 30.74% 39.34%
Gross loan portfolio to total assets 67.88% 63.38% 67.52% 60.04% 65.96%

Outreach

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
Currency USD USD USD USD USD
+ Number of active borrowers 29,812 43,699 84,006 129,269 200,115
— — — — — 200,115
— — — — — 200,115
— 29,215 42,825 82,325 126,683 196,113
— — — — — 2,133
— — — — — 197,982
Percent of women borrowers 98.00% 98.00% 98.00% 98.00% 98.00%
+ Number of outstanding loans 29,812 43,699 84,006 129,269 200,115
— — — — — 200,115
— — — — — 200,115
— 0 0 84,006 0 —
— — — — — —
— 0 0 0 0 —
— — — — — —
— 0 0 0 0 —
— — — — — —
— 0 0 0 0 —
— 0 0 0 0 —
— 0 0 0 0 —
— — — — — 2,133
— — — — — 197,982
+ Gross loan portfolio 1,885,986 3,379,886 7,891,553 16,452,187 26,197,673
— — — — — 2,389,583
— — — — — 22,183,332
— — — — — 1,624,758
— — — — — 24,572,915
— — — — — 24,572,915
— 1,867,126 3,343,495 7,826,987 16,147,984 24,224,733
— 18,860 36,391 64,566 304,204 —
— 0 7,023 17,781 244,413 177,297
— — — — — —
— 0 29,368 23,710 59,790 46,404
— — — — — —
— 18,860 0 23,075 0 124,481
— 0 0 0 0 0
— 0 0 0 0 0
Average loan balance per borrower 63 77 94 127 131
Average loan balance borrower per borrower / GNI per capita 11.94% 12.47% 11.89% 13.83% 14.23%
Average outstanding balance 63 77 94 127 131
Average outstanding balance / GNI per capita 11.94% 12.47% 11.89% 13.83% 14.23%
+ Number of depositors 8,564 48,735 88,430 134,264 245,144
— — — — — 245,144
— — — — — 254,144
+ Number of deposit accounts 8,564 48,735 88,430 134,264 245,144
— — — — — 245,144
— — — — — 254,144
+ Deposits 736,343 1,394,825 3,613,924 8,422,634 15,626,063
— 736,343 1,394,825 3,613,924 8,422,634 15,626,063
— 736,343 0 0 0 —
— 736,343 0 0 0 —
— 0 0 0 0 —
— 0 1,394,825 3,613,924 8,422,634 15,626,063
Average deposit balance per depositor 86 29 41 63 64
Average deposit balance per depositor / GNI per capita 16.00% 5.00% 5.00% 7.00% 7.00%
Average deposit account balance 86 29 41 63 64
Average deposit account balance / GNI per capita 0 0 0 0 0

Overall Financial Performance

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Return on assets 8.93% 11.87% 10.76% 7.86% 14.70%
Return on equity 16.08% 25.59% 33.77% 37.12% 73.67%
Operational self sufficiency 125.31% 142.69% 134.99% 129.31% 138.99%

Revenues

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Financial revenue/ assets 44.22% 39.68% 41.52% 34.70% 52.39%
Profit margin 20.20% 29.92% 25.92% 22.66% 28.05%
Yield on gross portfolio (nominal) 65.09% 61.03% 62.19% 55.02% 82.77%
Yield on gross portfolio (real) 43.55% 36.63% 49.84% 47.11% 73.44%

Expenses

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Total expense/ assets 35.29% 27.81% 30.76% 26.84% 37.70%
Financial expense/ assets 1.88% 2.22% 5.44% 6.43% 7.03%
Provision for loan impairment/ assets 2.66% 0.77% 1.07% 1.19% 0.86%
Operating expense/ assets 30.75% 24.81% 24.24% 19.21% 29.81%
Personnel expense/ assets 14.47% 11.32% 12.12% 10.68% 17.59%
Administrative expense/ assets 16.28% 13.50% 12.13% 8.53% 12.23%

Efficiency

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Operating expense/ loan portfolio 45.81% 38.22% 36.61% 30.85% 46.92%
Personnel expense/ loan portfolio 21.56% 17.43% 18.30% 17.16% 27.68%
Average salary/ GNI per capita 3.27 2.78 3.28 2.99 4.83
Cost per borrower — 27 32 35 61
Cost per loan — 27 32 35 61

Productivity

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
Borrowers per staff member 126 148 168 127 122
Loans per staff member 126 148 168 127 122
Borrowers per loan officer 262 293 370 307 226
Loans per loan officer 262 293 370 307 226
Depositors per staff member 36 165 177 132 150
Deposit accounts per staff member 36 165 177 132 150
Personnel allocation ratio 48.10% 50.51% 45.40% 41.36% 54.12%

Risk and Liquidity

2004 2005 2006 2007 2008
As of date 2004-12-31 2005-12-31 2006-12-31 2007-12-31 2008-12-31
USD USD USD USD USD
Portfolio at risk > 30 days 1.00% 1.08% 0.82% 1.85% 1.33%
Portfolio at risk > 90 days 1.00% 0.87% 0.59% 0.36% 0.65%
Write-off ratio 3.55% 0.15% 0.03% 0.69% 0.26%
Loan loss rate 3.31% 0.09% 0.03% 0.69% 0.24%
Risk coverage 200.00% 185.75% 244.45% 24.29% 141.15%
Non-earning liquid assets as a % of total assets 6.48% 22.31% 8.23% 15.08% 22.59%