- Total assets
- Gross loan portfolio
- Total equity
Institutional Characteristics
| 2005 | 2006 | 2007 | 2008 | 2009 | ||
|---|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | 2009-12-31 | |
| Currency | USD | USD | USD | USD | USD | |
| Total assets |
 |
1,750,467 | 2,600,713 | 7,002,164 | 14,361,873 | 8,049,063 |
| Offices |
 |
6 | 6 | 7 | 11 | — |
| Personnel |
 |
31 | 32 | 45 | 90 | 99 |
Financing Structure
| 2005 | 2006 | 2007 | 2008 | 2009 | ||
|---|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | 2009-12-31 | |
| Capital/asset ratio |
 |
69.12% | 55.57% | 30.95% | 25.42% | 14.79% |
| Debt to equity ratio |
 |
0.45 | 0.80 | 2.23 | 2.93 | 5.76 |
| Deposits to loans |
 |
0.00% | 0.00% | 0.00% | 0.00% | — |
| Deposits to total assets |
|
0.00% | 0.00% | 0.00% | 0.00% | — |
| Gross loan portfolio to total assets |
 |
90.85% | 97.24% | 98.69% | 98.12% | 112.99% |
Outreach
| 2005 | 2006 | 2007 | 2008 | 2009 | ||
|---|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | 2009-12-31 | |
| Currency | USD | USD | USD | USD | USD | |
| + Number of active borrowers |
 |
4,613 | 4,506 | 8,964 | 14,638 | 7,810 |
| — | — | — | — | 9,643 | 4,050 | |
| — | 2,703 | 1,970 | 3,103 | 4,995 | 2,159 | |
| — | — | — | — | — | 1,601 | |
| — | — | — | — | 14,638 | 6,209 | |
| — | — | — | — | 4,335 | — | |
| — | — | — | — | 4,226 | — | |
| — | — | — | — | 0 | — | |
| — | — | — | — | 52 | — | |
| — | — | — | — | 57 | — | |
| — | — | — | — | 10,303 | — | |
| — | — | — | — | 14,581 | — | |
| — | — | — | — | 57 | — | |
| — | — | — | — | 5,443 | — | |
| — | — | — | — | 9,195 | — | |
| — | — | — | — | 9,778 | — | |
| — | — | — | — | 4,860 | — | |
| Percent of women borrowers |
 |
58.60% | 43.72% | 34.62% | 34.12% | 27.64% |
| + Number of outstanding loans |
 |
4,613 | 4,506 | 8,964 | 14,638 | — |
| — | — | — | — | 5,443 | — | |
| — | — | — | — | 9,195 | — | |
| — | — | — | — | 9,643 | — | |
| — | — | — | — | 4,995 | — | |
| — | 4,559 | 4,506 | — | 14,501 | — | |
| — | — | — | — | — | — | |
| — | 19 | 0 | — | 117 | — | |
| — | — | — | — | — | — | |
| — | 16 | 0 | — | 12 | — | |
| — | — | — | — | — | — | |
| — | 10 | 0 | — | 5 | — | |
| — | 9 | 0 | — | 2 | — | |
| — | 0 | 0 | — | 1 | — | |
| — | — | — | — | 9,778 | — | |
| — | — | — | — | 4,860 | — | |
| — | — | — | — | 14,638 | — | |
| — | — | — | — | 4,335 | — | |
| — | — | — | — | 4,226 | — | |
| — | — | — | — | 0 | — | |
| — | — | — | — | 52 | — | |
| — | — | — | — | 57 | — | |
| — | — | — | — | 10,303 | — | |
| — | — | — | — | 14,581 | — | |
| — | — | — | — | 57 | — | |
| + Gross loan portfolio |
 |
1,590,236 | 2,528,966 | 6,910,148 | 14,092,575 | 9,094,817 |
| — | — | — | — | 11,277,005 | — | |
| — | — | — | — | 2,815,570 | — | |
| — | 1,564,411 | 2,509,158 | 6,895,286 | 13,889,107 | — | |
| — | 25,825 | 19,808 | — | — | 4,975,540 | |
| — | 5,562 | 1,673 | 4,025 | 161,449 | — | |
| — | — | — | — | — | — | |
| — | 8,520 | 3,103 | 3,387 | 22,894 | — | |
| — | — | — | — | — | — | |
| — | 6,049 | 15,032 | 7,450 | 11,180 | — | |
| — | 5,694 | 0 | 0 | 3,330 | — | |
| — | 0 | 0 | 0 | 4,615 | — | |
| — | — | — | — | 8,356,706 | — | |
| — | — | — | — | 5,735,869 | — | |
| — | — | — | — | — | 2,306,074 | |
| — | — | — | — | 14,092,575 | 6,788,743 | |
| — | — | — | — | 2,579,049 | — | |
| — | — | — | — | 2,191,589 | — | |
| — | — | — | — | 0 | — | |
| — | — | — | — | 246,886 | — | |
| — | — | — | — | 140,574 | — | |
| — | — | — | — | 11,513,526 | — | |
| — | — | — | — | 13,952,001 | — | |
| — | — | — | — | 140,574 | — | |
| — | — | — | — | 4,128,093 | — | |
| — | — | — | — | 9,964,481 | — | |
| Average loan balance per borrower |
 |
345 | 561 | 771 | 963 | 1,165 |
| Average loan balance borrower per borrower / GNI per capita |
 |
27.14% | 29.70% | 29.20% | 36.47% | — |
| Average outstanding balance |
 |
345 | 561 | 771 | 963 | — |
| Average outstanding balance / GNI per capita |
|
27.14% | 29.70% | 29.20% | 36.47% | — |
| + Number of depositors |
|
0 | 0 | — | 0 | — |
| — | — | — | — | 0 | — | |
| — | — | — | — | 0 | — | |
| — | — | — | — | 0 | — | |
| + Number of deposit accounts |
|
0 | 0 | — | 0 | — |
| — | — | — | — | 0 | — | |
| — | — | — | — | 0 | — | |
| — | — | — | — | 0 | — | |
| + Deposits |
 |
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 | 2009 | ||
|---|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | 2009-12-31 | |
| USD | USD | USD | USD | USD | ||
| Return on assets |
 |
7.78% | 7.24% | 13.73% | 11.56% | — |
| Return on equity |
 |
10.88% | 11.87% | 36.49% | 42.46% | — |
| Operational self sufficiency |
 |
139.30% | 138.23% | 182.30% | 170.38% | — |
Revenues
| 2005 | 2006 | 2007 | 2008 | 2009 | ||
|---|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | 2009-12-31 | |
| USD | USD | USD | USD | USD | ||
| Financial revenue/ assets |
 |
37.31% | 33.57% | 38.98% | 37.01% | — |
| Profit margin |
 |
28.21% | 27.66% | 45.15% | 41.31% | — |
| Yield on gross portfolio (nominal) |
 |
40.50% | 34.98% | 38.95% | 37.37% | — |
| Yield on gross portfolio (real) |
 |
25.91% | 24.63% | 19.08% | 17.72% | — |
Expenses
| 2005 | 2006 | 2007 | 2008 | 2009 | ||
|---|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | 2009-12-31 | |
| USD | USD | USD | USD | USD | ||
| Total expense/ assets |
 |
26.78% | 24.29% | 21.38% | 21.72% | — |
| Financial expense/ assets |
 |
5.70% | 3.84% | 6.38% | 7.18% | — |
| Provision for loan impairment/ assets |
 |
1.89% | 1.11% | 1.88% | 1.87% | — |
| Operating expense/ assets |
 |
19.19% | 19.34% | 13.13% | 12.67% | — |
| Personnel expense/ assets |
 |
12.74% | 12.03% | 8.56% | 8.11% | — |
| Administrative expense/ assets |
 |
6.45% | 7.31% | 4.56% | 4.56% | — |
Efficiency
| 2005 | 2006 | 2007 | 2008 | 2009 | ||
|---|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | 2009-12-31 | |
| USD | USD | USD | USD | USD | ||
| Operating expense/ loan portfolio |
 |
20.87% | 20.43% | 13.36% | 12.89% | — |
| Personnel expense/ loan portfolio |
 |
13.86% | 12.70% | 8.71% | 8.25% | — |
| Average salary/ GNI per capita |
 |
5.53 | 4.40 | 4.05 | 4.86 | — |
| Cost per borrower |
 |
68 | 92 | 94 | 115 | — |
| Cost per loan |
|
68 | 92 | 94 | 115 | — |
Productivity
| 2005 | 2006 | 2007 | 2008 | 2009 | ||
|---|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | 2009-12-31 | |
| Borrowers per staff member |
 |
149 | 141 | 199 | 163 | 79 |
| Loans per staff member |
 |
149 | 141 | 199 | 163 | — |
| Borrowers per loan officer |
 |
165 | 451 | 560 | 472 | — |
| Loans per loan officer |
|
165 | 451 | 560 | 472 | — |
| Depositors per staff member |
|
0 | 0 | — | 0 | — |
| Deposit accounts per staff member |
|
0 | 0 | — | 0 | — |
| Personnel allocation ratio |
 |
90.32% | 31.25% | 35.56% | 34.44% | — |
Risk and Liquidity
| 2005 | 2006 | 2007 | 2008 | 2009 | ||
|---|---|---|---|---|---|---|
| As of date | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | 2009-12-31 | |
| USD | USD | USD | USD | USD | ||
| Portfolio at risk > 30 days |
 |
1.62% | 0.78% | 0.22% | 1.44% | 54.71% |
| Portfolio at risk > 90 days |
 |
1.27% | 0.72% | 0.16% | 0.30% | — |
| Write-off ratio |
 |
0.00% | 0.52% | 0.22% | 0.07% | 0.08% |
| Loan loss rate |
 |
0.00% | 0.52% | 0.22% | 0.07% | — |
| Risk coverage |
 |
113.05% | 220.42% | 853.87% | 160.07% | — |
| Non-earning liquid assets as a % of total assets |
 |
6.26% | 0.98% | 0.79% | 1.96% | — |