MIX Microfinance Information eXchange

MIX Market

Download DataCreate ReportRequest a changeAdd logoSubmit a File

SPBD4South Pacific Business Development

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 638,591 752,678 1,015,063 1,495,909 1,221,660
Offices 1 1 1 1 2
Personnel 13 14 16 16 18

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 -142.59% -119.76% -93.51% -62.35% -64.22%
Debt to equity ratio -1.70 -1.83 -2.07 -2.60 -2.56
Deposits to loans 3.19% 2.05% 3.63% 12.67% 17.80%
Deposits to total assets 2.33% 1.38% 2.33% 7.03% 13.08%
Gross loan portfolio to total assets 73.08% 67.44% 64.26% 55.48% 73.45%

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 2,993 2,331 2,366 3,654 4,162
— — — — — 42
— 2,024 2,331 2,364 3,647 4,120
— — — — — 4,162
— — — — — 4,162
— — — — — 4,117
— — — — — 45
— — — — — 4,162
— — — — — 832
— — — — — 3,330
Percent of women borrowers 67.62% 100.00% 99.92% 99.81% 98.99%
+ Number of outstanding loans 2,993 2,331 2,366 3,654 4,162
— — — — — 42
— — — — — 4,120
— — — — — 4,162
— — — — — 4,162
— 0 2,245 2,366 3,654 —
— — — — — —
— 0 59 0 0 —
— — — — — —
— 0 13 0 0 —
— — — — — —
— 0 14 0 0 —
— 0 0 0 0 —
— 0 0 0 0 —
— — — — — 832
— — — — — 3,330
— — — — — 4,162
— — — — — 4,117
— — — — — 45
+ Gross loan portfolio 466,678 507,625 652,318 829,939 897,312
— — — — — 8,973
— — — — — 888,339
— — — — — 897,312
— — — — — 897,312
— 460,995 494,474 642,620 813,419 883,456
— 5,683 13,151 9,699 16,520 —
— 1,813 8,038 3,380 9,400 9,893
— — — — — —
— 1,019 2,264 1,638 4,561 1,900
— — — — — —
— 1,496 2,848 4,681 2,558 2,063
— 1,354 0 0 0 0
— 0 0 0 0 0
— — — — — 179,462
— — — — — 717,849
— — — — — 897,312
— — — — — 875,503
— — — — — 21,809
Average loan balance per borrower 156 218 276 227 216
Average loan balance borrower per borrower / GNI per capita 8.21% 10.04% 11.35% 8.41% 7.99%
Average outstanding balance 156 218 276 227 216
Average outstanding balance / GNI per capita 8.21% 10.04% 11.35% 8.41% 7.99%
+ Number of depositors 687 1,686 2,287 4,526 5,995
— — — — — 5,995
— — — — — 5,995
— — — — — 60
— — — — — 5,935
+ Number of deposit accounts 687 1,686 2,287 4,526 5,995
— — — — — 5,995
— — — — — 5,995
— — — — — 60
— — — — — 5,935
+ Deposits 14,873 10,386 23,674 105,126 159,759
— — — — — 1,598
— — — — — 158,161
— 14,873 10,386 23,674 105,126 159,759
— 14,873 10,386 23,674 105,126 —
— 14,873 10,386 23,674 105,126 —
— 0 0 0 0 —
— 0 0 0 0 159,759
Average deposit balance per depositor 22 6 10 23 27
Average deposit balance per depositor / GNI per capita 1.00% 0.00% 0.00% 1.00% 1.00%
Average deposit account balance 22 6 10 23 27
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 -15.13% -9.37% -5.23% 1.49% 5.36%
Return on equity 17.22% 7.19% 4.99% -1.99% -8.48%
Operational self sufficiency 71.99% 79.06% 85.23% 104.30% 115.50%

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 38.88% 35.36% 30.16% 36.61% 40.80%
Profit margin -38.90% -26.49% -17.33% 4.12% 13.42%
Yield on gross portfolio (nominal) 48.88% 49.69% 44.55% 60.25% 61.29%
Yield on gross portfolio (real) 27.97% 46.97% 39.37% 51.80% 52.78%

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 54.01% 44.73% 35.39% 35.11% 35.32%
Financial expense/ assets 7.28% 9.07% 6.51% 8.44% 3.38%
Provision for loan impairment/ assets -0.80% 1.39% 0.38% 0.07% 0.28%
Operating expense/ assets 47.52% 34.27% 28.49% 26.59% 31.66%
Personnel expense/ assets 19.13% 14.61% 11.61% 13.94% 13.23%
Administrative expense/ assets 28.39% 19.65% 16.88% 12.65% 18.43%

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 68.37% 48.93% 43.42% 45.05% 49.82%
Personnel expense/ loan portfolio 27.52% 20.87% 17.70% 23.62% 20.81%
Average salary/ GNI per capita 3.63 3.47 2.82 4.05 3.92
Cost per borrower 94 90 107 111 110
Cost per loan — 90 107 111 110

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 230 167 148 228 231
Loans per staff member 230 167 148 228 231
Borrowers per loan officer 428 291 296 457 520
Loans per loan officer 428 291 296 457 520
Depositors per staff member 53 120 143 283 333
Deposit accounts per staff member 53 120 143 283 333
Personnel allocation ratio 53.85% 57.14% 50.00% 50.00% 44.44%

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 1.22% 2.59% 1.49% 1.99% 1.54%
Portfolio at risk > 90 days 0.83% 1.01% 0.97% 0.86% 0.44%
Write-off ratio 1.52% 1.57% 1.24% 1.03% 0.63%
Loan loss rate -1.16% 0.28% 0.59% 0.65% 0.63%
Risk coverage 47.50% 81.28% 112.31% 49.46% 43.41%
Non-earning liquid assets as a % of total assets 20.94% 21.18% 25.81% 36.19% 20.79%