Balance Sheet for JV MFO Microinvest LLC


		2006	2007	2008	2009	2010
As of date		2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31
Currency code		USD	USD	USD	USD	USD
Assets		6,901,889	24,220,075	40,835,069	35,842,896	27,768,345
Cash and cash equivalents		2,438,019	12,760,763	14,145,671	17,025,698	13,208,249
Trade and other receivables		328,721	689,553	998,026	981,912	393,135
Financial assets at fair value		—	—	—	—	—
Financial assets available for sale		—	—	—	—	—
Other investments		251	0	—	—	—
Net loan portfolio		3,920,825	10,418,324	24,329,004	16,551,652	12,936,990
+ Gross Loan PortfolioGross Loan Portfolio Gross Loan Portfolio		3,968,101	10,590,668	25,802,283	19,435,662	14,066,159
+ Delinquency
Less than one month	—	3,906,076	10,325,122	24,905,174	16,473,035	10,079,135
+ One month or more	—	62,025	265,546	—	—	—
From one to three months	—	44,700	106,482	252,470	1,076,627	259,893
+ More than three months	—	—	—	—	—	—
From three to six months	—	17,325	121,387	462,753	1,886,001	313,762
+ More than six months	—	—	—	—	—	—
From six to twelve months	—	0	0	0	0	1,630,669
One year or more	—	0	0	0	0	0
Renegotiated loans	—	0	37,677	181,886	0	1,782,700
+ Location
Urban	—	—	—	10,871,185	10,393,168	6,175,044
Rural	—	—	—	14,931,098	9,042,495	7,891,115
+ Products (credit)
Loans to corporations	—	—	—	—	—	6,451,016
Loans to financial institutions	—	—	—	—	—	0
Loans to governments	—	—	—	—	—	0
+ Retail loans	—	—	—	25,802,283	19,435,662	7,615,143
+ Household financing	—	—	—	3,094,640	538,838	2,138,803
Consumption	—	—	—	2,798,728	179,134	1,220,568
Education	—	—	—	—	0	9,034
Mortgage housing	—	—	—	295,912	359,703	802,463
Household other	—	—	—	—	0	106,738
Microenterprise	—	—	—	22,707,643	18,896,825	5,476,340
+ Relationship
External customers	—	—	—	25,240,131	18,926,691	13,553,415
Management and staff	—	—	—	562,152	508,971	512,744
+ Methodology
Individual	—	—	—	19,464,057	12,826,463	14,066,159
Solidarity group	—	—	—	6,338,226	2,646,987	0
Village banking s h g	—	—	—	—	3,962,213	0
+ Gender
Male	—	—	—	14,851,700	—	5,135,836
Female	—	—	—	10,950,583	—	2,741,213
Legal entity	—	—	—	—	—	6,189,110
Impairment loss allowance		47,276	172,344	838,315	2,566,516	901,750
Unearned income and discount		—	—	634,964	317,494	227,420
Finance lease		—	—	—	—	—
Current tax assets		—	—	—	—	—
Deferred tax assets		—	—	—	—	—
Inventories		—	—	21,929	21,277	25,674
Intangible assets other than goodwill		—	—	82,413	77,690	66,694
Net fixed assets		214,073	351,435	1,258,026	1,184,667	1,137,603
Liabilities and equity		6,901,889	24,220,075	40,835,069	35,842,896	27,768,345
Liabilities		5,467,762	17,389,722	32,699,319	30,042,045	20,736,252
+ DepositsDeposits Total value of all deposit accounts		0	0	0	0	0
+ Products (deposits)
Deposits from corporations	—	—	—	—	—	0
Deposits from financial institutions	—	—	—	—	—	0
Deposits from governments	—	—	—	—	—	0
+ Retail deposits	—	0	0	0	0	0
+ Voluntary deposits	—	0	0	0	0	0
Demand deposits	—	0	0	—	—	0
Time deposits	—	0	0	—	—	0
Compulsory deposits	—	0	0	0	0	0
Borrowings		5,153,487	17,062,645	32,191,454	29,604,858	20,400,640
Subordinated debt		—	—	—	—	—
Other short term financial liabilities		—	—	—	—	—
Trade and other payables		314,275	327,077	498,784	381,079	294,076
Provisions for employee benefits		—	—	—	—	—
Deferred revenue		—	—	9,080	53,332	40,759
Current tax liabilities		—	—	—	—	777
Deferred tax liabilities		—	—	—	2,775	—
Equity		1,434,127	6,830,353	8,135,751	5,800,851	7,032,093
Paid in capital		591,386	6,211,073	7,104,387	6,260,856	8,846,570
Retained earnings		-35,689	77,870	444,341	-734,333	-2,037,762
Share premium		—	—	0	—	—
Treasury shares		—	—	0	—	-53,075
Donated equity		878,429	1,012,716	0	—	—
Equity reserves		0	541,410	587,022	274,329	276,361
Other equity interest		0	—	0	—	—

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