- Assets
- Gross Loan Portfolio
- Equity
Institutional Characteristics
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As of date | 1999-03-31 | 2000-03-31 | 2001-03-31 | 2002-03-31 | 2003-03-31 | 2004-03-31 | 2005-03-31 | 2006-03-31 | 2007-03-31 | 2008-03-31 | 2009-03-31 | |
| Currency code | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | |
| Assets |
 |
45,177 | 103,338 | 116,045 | 508,567 | 1,387,165 | 4,089,187 | 9,130,883 | 26,811,799 | 78,797,574 | 336,831,099 | 596,162,206 |
|
OfficesOffices Number, including head office |
 |
— | — | — | — | — | — | — | — | — | — | — |
|
PersonnelPersonnel Total number of staff members |
|
— | — | — | — | — | — | — | — | — | — | — |
Financing Structure
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As of date | 1999-03-31 | 2000-03-31 | 2001-03-31 | 2002-03-31 | 2003-03-31 | 2004-03-31 | 2005-03-31 | 2006-03-31 | 2007-03-31 | 2008-03-31 | 2009-03-31 | |
|
Capital/asset ratioCapital/asset ratio Total Equity / Total Assets |
 |
97.65% | 92.35% | 85.86% | 68.76% | 20.64% | 1.04% | 0.83% | 13.59% | 20.87% | 15.72% | 21.86% |
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | |
|
Debt to equity ratioDebt to equity ratio Total Liabilities / Total Equity |
 |
0.02 | 0.08 | 0.16 | 0.45 | 3.85 | 95.55 | 119.88 | 6.36 | 3.79 | 5.36 | 3.57 |
|
Deposits to loansDeposits to loans Deposits / Gross Loan Portfolio |
 |
— | — | — | — | — | 1.18% | 0.00% | 0.19% | 0.00% | 0.00% | 0.00% |
|
Deposits to total assetsDeposits to total assets Deposits / Total Assets |
 |
— | — | — | — | — | 0.78% | 0.00% | 0.15% | 0.00% | 0.00% | 0.00% |
|
Gross loan portfolio to total assetsGross loan portfolio to total assets Gross Loan Portfolio / Total Assets |
 |
10.41% | 14.63% | 55.56% | 54.76% | 77.42% | 66.10% | 83.29% | 76.81% | 80.27% | 77.69% | 81.01% |
- Number of active borrowers
- Number of depositors
Outreach
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As of date | 1999-03-31 | 2000-03-31 | 2001-03-31 | 2002-03-31 | 2003-03-31 | 2004-03-31 | 2005-03-31 | 2006-03-31 | 2007-03-31 | 2008-03-31 | 2009-03-31 | |
| Currency code | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | |
|
+ Number of active borrowersNumber of active borrowers Number of borrowers with loans outstanding |
|
— | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | 19 | 191 | 1,068 | 5,080 | 11,127 | 24,799 | 73,635 | 172,970 | 513,108 | 1,629,474 | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
|
Percent of women borrowersPercent of women borrowers Number of active women borrowers / Number of Active Borrowers |
|
— | — | — | — | — | — | — | — | — | — | — |
|
+ Number of loans outstandingNumber of loans outstanding Number of loans outstanding |
|
— | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | 29,656 | 82,437 | 0 | 0 | 0 | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | 0 | 66 | 0 | 0 | 0 | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | 0 | 155 | 0 | 0 | 0 | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | 0 | 1,074 | 0 | 0 | 0 | — | |
| — | — | — | — | — | — | 0 | 1,126 | 1,288 | 145 | 0 | — | |
| — | — | — | — | — | — | 0 | 1 | 0 | 0 | 0 | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
|
+ Gross Loan PortfolioGross Loan Portfolio Gross Loan Portfolio |
 |
4,704 | 15,115 | 64,472 | 278,514 | 1,073,950 | 2,702,832 | 7,604,875 | 20,593,830 | 63,247,572 | 261,686,364 | 482,975,269 |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | 2,702,832 | 7,230,283 | 20,281,265 | — | — | — | |
| — | — | 0 | 92 | 0 | 0 | 0 | 393,569 | 312,565 | 74,216 | 384,449 | — | |
| — | — | — | — | — | — | 0 | 4,531 | 69,276 | 0 | 295,690 | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | 0 | 16,277 | 0 | 22,171 | 81,503 | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | 0 | 169,707 | 0 | 32,245 | 7,256 | — | |
| — | — | — | — | — | — | 0 | 197,565 | 241,429 | 19,800 | 0 | — | |
| — | — | — | — | — | — | 0 | 5,488 | 1,860 | 0 | 0 | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
|
Average loan balance per borrowerAverage loan balance per borrower Gross Loan Portfolio / Number of Active Borrowers |
|
— | — | — | — | — | — | — | — | — | — | — |
|
Average loan balance per borrower / GNI per capitaAverage loan balance per borrower / GNI per capita Average Loan Balance per Borrower / GNI per Capita |
|
— | — | — | — | — | — | — | — | — | — | — |
|
Average outstanding balanceAverage outstanding balance Gross Loan Portfolio / Number of Loans Outstanding |
|
— | — | — | — | — | — | — | — | — | — | — |
|
Average outstanding balance / GNI per capitaAverage outstanding balance / GNI per capita Average Outstanding Balance / GNI per Capita |
|
— | — | — | — | — | — | — | — | — | — | — |
|
+ Number of depositorsNumber of depositors Number of depositors with any type of deposit account |
|
— | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
|
+ Number of deposit accountsNumber of deposit accounts Number of all deposit accounts |
|
— | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
|
+ DepositsDeposits Total value of all deposit accounts |
 |
— | — | — | — | — | 31,940 | 0 | 39,780 | 0 | 0 | 0 |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | 31,940 | 0 | 39,780 | 0 | 0 | — | |
| — | 0 | 0 | 0 | 0 | 0 | 5,177 | 0 | 0 | 0 | 0 | — | |
| — | — | — | — | — | — | 5,177 | 0 | 0 | 0 | 0 | — | |
| — | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | — | |
| — | — | — | — | — | — | 26,763 | 0 | 39,780 | 0 | 0 | — | |
|
Average deposit balance per depositorAverage deposit balance per depositor Deposits / Number of Depositors |
|
— | — | — | — | — | — | — | — | — | — | — |
|
Average deposit balance per depositor / GNI per capitaAverage deposit balance per depositor / GNI per capita Average Deposit Balance per Depositor / GNI per Capita |
|
— | — | — | — | — | — | — | — | — | — | — |
|
Average deposit account balanceAverage deposit account balance Deposits / Number of Deposit Accounts |
|
— | — | — | — | — | — | — | — | — | — | — |
|
Average deposit account balance / GNI per capitaAverage deposit account balance / GNI per capita Average Deposit Account Balance / GNI per Capita |
|
— | — | — | — | — | — | — | — | — | — | — |
- Return on assets
- Return on equity
Overall Financial Performance
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As of date | 1999-03-31 | 2000-03-31 | 2001-03-31 | 2002-03-31 | 2003-03-31 | 2004-03-31 | 2005-03-31 | 2006-03-31 | 2007-03-31 | 2008-03-31 | 2009-03-31 | |
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | |
|
Return on assetsReturn on assets (Net Operating Income - Taxes) / Average Total Assets |
 |
— | -56.14% | -65.73% | -18.70% | -4.48% | -0.67% | -0.06% | 2.83% | 0.76% | 1.99% | 3.68% |
|
Return on equityReturn on equity (Net Operating Income - Taxes) / Average Total Equity |
 |
— | -59.75% | -73.92% | -26.00% | -13.35% | -11.09% | -6.33% | 27.32% | 3.98% | 11.94% | 18.72% |
|
Operational self sufficiencyOperational self sufficiency Financial Revenue / (Financial Expense + Net Impairment Loss + Operating Expense) |
 |
7.67% | 12.89% | 14.62% | 41.06% | 81.74% | 96.98% | 99.79% | 120.74% | 110.29% | 119.75% | 128.53% |
- Financial revenue/ assets
- Yield on gross portfolio (nominal)
- Yield on gross portfolio (real)
Revenues
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As of date | 1999-03-31 | 2000-03-31 | 2001-03-31 | 2002-03-31 | 2003-03-31 | 2004-03-31 | 2005-03-31 | 2006-03-31 | 2007-03-31 | 2008-03-31 | 2009-03-31 | |
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | |
|
Financial revenue/ assetsFinancial revenue/ assets Financial Revenue / Average Total Assets |
 |
— | 8.31% | 11.26% | 13.03% | 20.05% | 21.36% | 27.34% | 20.41% | 19.15% | 20.36% | 25.78% |
|
Profit marginProfit margin Net Operating Income / Financial Revenue |
 |
-1,203.91% | -675.94% | -583.87% | -143.57% | -22.34% | -3.12% | -0.21% | 17.18% | 9.33% | 16.50% | 22.20% |
|
Yield on gross portfolio (nominal)Yield on gross portfolio (nominal) Financial Revenue from Loan Portfolio / Average Gross Loan Portfolio |
 |
— | — | — | — | — | 30.26% | 31.47% | 21.57% | 23.77% | 25.28% | 26.33% |
|
Yield on gross portfolio (real)Yield on gross portfolio (real) (Yield on Gross Portfolio (nominal) - Inflation Rate) / (1 + Inflation Rate) |
 |
— | — | — | — | — | 25.48% | 26.70% | 16.62% | 16.98% | 17.78% | 16.59% |
- Financial expense/ assets
- Provision for loan impairment/ assets
- Operating expense/ assets
- Personnel expense/ assets
- Administrative expense/ assets
Expenses
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As of date | 1999-03-31 | 2000-03-31 | 2001-03-31 | 2002-03-31 | 2003-03-31 | 2004-03-31 | 2005-03-31 | 2006-03-31 | 2007-03-31 | 2008-03-31 | 2009-03-31 | |
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | |
|
Total expense/ assetsTotal expense/ assets (Financial Expense + Net Impairment Loss + Operating Expense) / Average Total Assets |
 |
— | 64.44% | 76.99% | 31.73% | 24.53% | 22.02% | 27.39% | 16.90% | 17.37% | 17.00% | 20.06% |
|
Financial expense/ assetsFinancial expense/ assets Financial Expense / Average Total Assets |
 |
— | 5.01% | 6.35% | 0.14% | 6.15% | 9.08% | 11.96% | 6.77% | 5.99% | 6.76% | 8.92% |
|
Provision for loan impairment/ assetsProvision for loan impairment/ assets Impairment Losses on Loans / Average Total Assets |
 |
— | 0.00% | 0.00% | 0.00% | 0.17% | 0.57% | 3.68% | 1.92% | 0.88% | 0.61% | 0.51% |
|
Operating expense/ assetsOperating expense/ assets Operating Expense / Average Total Assets |
 |
— | 59.43% | 70.64% | 31.59% | 18.21% | 12.37% | 11.75% | 8.22% | 10.50% | 9.63% | 10.62% |
|
Personnel expense/ assetsPersonnel expense/ assets Personnel Expense / Average Total Assets |
 |
— | — | — | — | — | 7.54% | 6.41% | 4.95% | 5.44% | 5.72% | 6.42% |
|
Administrative expense/ assetsAdministrative expense/ assets Administrative Expense / Average Total Assets |
 |
— | — | — | — | — | 4.84% | 5.35% | 3.27% | 5.06% | 3.91% | 4.20% |
Efficiency
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As of date | 1999-03-31 | 2000-03-31 | 2001-03-31 | 2002-03-31 | 2003-03-31 | 2004-03-31 | 2005-03-31 | 2006-03-31 | 2007-03-31 | 2008-03-31 | 2009-03-31 | |
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | |
|
Operating expense/ loan portfolioOperating expense/ loan portfolio Operating Expense / Average Gross Loan Portfolio |
 |
— | 445.37% | 194.71% | 57.53% | 25.52% | 17.94% | 15.07% | 10.47% | 13.22% | 12.32% | 13.31% |
|
Personnel expense/ loan portfolioPersonnel expense/ loan portfolio Personnel Expense / Average Gross Loan Portfolio |
 |
— | — | — | — | — | 10.93% | 8.22% | 6.31% | 6.85% | 7.32% | 8.05% |
|
Average salary/ GNI per capitaAverage salary/ GNI per capita Average Personnel Expense / GNI per capita |
 |
— | — | — | — | — | 3.99 | 3.16 | 2.19 | 2.54 | 2.99 | 2.82 |
|
Cost per borrowerCost per borrower Operating Expense / Average Number of Active Borrowers |
 |
— | 420 | 123 | 32 | 21 | 19 | 16 | 12 | 16 | 19 | 19 |
|
Cost per loanCost per loan Operating Expense / Average Number of Loans Outstanding |
 |
— | — | — | — | — | — | 14 | 10 | 13 | 15 | 18 |
Productivity
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As of date | 1999-03-31 | 2000-03-31 | 2001-03-31 | 2002-03-31 | 2003-03-31 | 2004-03-31 | 2005-03-31 | 2006-03-31 | 2007-03-31 | 2008-03-31 | 2009-03-31 | |
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | |
|
Borrowers per staff memberBorrowers per staff member Number of Active Borrowers / Number of Personnel |
 |
— | 8 | 26 | 92 | 185 | 184 | 254 | 214 | 264 | 254 | 263 |
|
Loans per staff memberLoans per staff member Number of Loans Outstanding / Number of Personnel |
 |
— | — | — | — | — | 220 | 293 | 265 | 326 | 314 | 263 |
|
Borrowers per loan officerBorrowers per loan officer Number of Active Borrowers / Number of Loan Officers |
 |
— | — | — | — | — | 205 | 281 | 235 | 386 | 436 | 443 |
|
Loans per loan officerLoans per loan officer Number of Loans Outstanding / Number of Loan Officers |
 |
— | — | — | — | — | 245 | 324 | 290 | 477 | 539 | 443 |
|
Depositors per staff memberDepositors per staff member Number of Depositors / Number of Personnel |
 |
— | 0 | 0 | 0 | 0 | 228 | — | 0 | 0 | 0 | 0 |
|
Deposit accounts per staff memberDeposit accounts per staff member Number of Deposit Accounts / Number of Personnel |
 |
— | — | — | — | — | 228 | — | 0 | 0 | 0 | 0 |
|
Personnel allocation ratioPersonnel allocation ratio Number of Loan Officers / Number of Personnel |
 |
— | — | — | — | — | 89.63% | 90.34% | 91.10% | 68.38% | 58.21% | 59.28% |
- Portfolio at risk > 30 days
- Write-off ratio
Risk and Liquidity
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As of date | 1999-03-31 | 2000-03-31 | 2001-03-31 | 2002-03-31 | 2003-03-31 | 2004-03-31 | 2005-03-31 | 2006-03-31 | 2007-03-31 | 2008-03-31 | 2009-03-31 | |
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | |
|
Portfolio at risk > 30 daysPortfolio at risk > 30 days Outstanding balance, portfolio overdue > 30 Days + renegotiated portfolio / Gross Loan Portfolio |
 |
— | 0.00% | 0.14% | 0.00% | 0.00% | 0.00% | 5.18% | 1.52% | 0.12% | 0.15% | 0.19% |
|
Portfolio at risk > 90 daysPortfolio at risk > 90 days Outstanding balance, portfolio overdue > 90 Days + renegotiated portfolio / Gross Loan Portfolio |
 |
— | — | — | — | — | 0.00% | 5.12% | 1.18% | 0.12% | 0.03% | 0.19% |
|
Write-off ratioWrite-off ratio Value of loans written-off / Average Gross Loan Portfolio |
 |
— | 0.00% | 0.00% | 0.15% | 0.24% | 0.82% | 0.00% | 1.00% | 0.61% | 0.29% | 0.60% |
|
Loan loss rateLoan loss rate (Write-offs - Value of Loans Recovered) / Average Gross Loan Portfolio |
|
— | 0.00% | 0.00% | 0.15% | 0.24% | 0.82% | 0.00% | 1.00% | 0.61% | 0.29% | 0.60% |
|
Risk coverageRisk coverage Impairment Loss Allowance / PAR > 30 Days |
 |
— | — | 0.00% | — | — | — | 63.40% | 142.80% | 907.01% | 398.37% | 142.96% |
|
Non-earning liquid assets as a % of total assetsNon-earning liquid assets as a % of total assets Cash and banks / Total Assets |
 |
— | — | — | — | — | 30.02% | 16.69% | 18.46% | 16.44% | 20.35% | 51.21% |
- Assets
- Equity
- Gross Loan Portfolio
- Borrowings
- Deposits
- Cash and cash equivalents
Balance sheet
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|