sep 2011 (accion network and partners)-monthly report
DESCRIPTION
Sep 2011 (Accion Network and Partners)-Monthly ReportTRANSCRIPT
At the end of September, ACCION Network Partners and Affiliated institutions Active Portfolio is located at 5,157.4 million, reaching 4,845,126 Active Clients even when data of Crediamigo is available as of August. The PAR>30 days reflected: 4.07%.
Related to the end of previous year, Active Clients increased 649,123 (15.1%) and Loan Portfolio grew at 643.9 USD million (13.9%). The Portfolio at Risk indicator had an increase of 0.15 points (Indicator came from 3.92% as of December 2010 to 4.07% as of September 2011).
The percentage growth in Active Clients compared to the end of December and according to the grouping shown by the report, was presented as follows: Africa and Asia group reflected the biggest growth (22.5%), followed by NGO´s with (15%), Regulated institutions with (14.9%) and finally Service Companies with 14.6%.
The percentage growth in terms of Active Portfolio was reflected as follows: The biggest growth was registered by Service Companies with a 31.4% followed by Africa and Asia group with 16.5%, then Regulated Institutions (12.3%) and finally NGO’s with 5.9%.
Portfolio at Risk indicator registered the following changes: NGO´s Group (‐2.36 points), Partners in Asia and Africa with ‐0.77 points and Service Companies with ‐0.75 points; in contrast Regulated Institutions was the only group that increase their ratio (0.34).
MONTHLY STATISTICAL REPORT SEPTEMBER 2011
The Latin American and the Caribbean Institutions that are highlighted by their increase in terms of Active Portfolio over the end of December 2010 were: Bandelta/Panama (44.7% represented by 12.7 million), Credife/Ecuador (36.9% represented by 114.5 million) and Bangente/Venezuela (35.9% represented by 26.6 million). Related to Africa and Asia affiliates, the institutions which reflected higher growth in this variable were: EAMF/Cameroon (85.9% represented by 0.7 million) and ACCION Microfinance China "AMC" / China (60.9% represented by 2.2 million).
The institutions in Latin America and the Caribbean that had higher growth in terms of Active clients over December 2010 were: Sogesol/Haiti (88.5% represented by 10,159 clients), Bandelta/Panama (45% represented by 3,001 clients) and Fama/Nicaragua (31.3% represented by 8,225 clients). Related to Associates in Africa and Asia, the institutions that are distinguished by the growth in this indicator are: EAMF Cameroon (294.1% = 1,756 clients) and ACCION Microfinance China “AMC” / China (39.2% reflected by 224 clients).
The three institutions that improved their portfolio quality indicator during third quarterly 2011: Sogesol/Haiti (‐21.19 points), Mario Santodomingo Foundation (‐10.46 points), and Financiera Fama/Nicaragua (‐4.81 points).
ACCION International Network and Partners
REGULATED INSTITUTIONS ‐ ACTIVE BORROWERS AND PORTFOLIO LAST 12 MONTHS
*Regulated Institutions increased their active clients in 556,972 (14.9%). In absolute terms, Compartamos/Mexico reflected the largest increase in this variable of 282,036 (14.4%). On the other hand, this group grew its active portfolio in 487 million (12.3%) and Mibanco/Peru reflected the highest growth: 137.5 million (10.6%).
ACCION International Network and Partners
SERVICE COMPANIES ‐ ACTIVE BORROWERS AND PORTFOLIO LAST 12 MONTHS
*Service Companies grew in 42,580 clients (14.6%). In absolute terms, Credife/Ecuador was the institution with the highest increase: 18,891 active clients (20.2%). On the other hand, In terms of Active Portfolio, the group grew at a rate of 31.4% represented in 141.5 million and also, Credife/Ecuador was the institution from the group that recorded the highest growth in terms of this variable with 114.5 million (36.9%).
ACCION International Network and Partners
NGO’s ‐ ACTIVE BORROWERS AND PORTFOLIO LAST 12 MONTHS
*NGO´s grew by 27,599 clients (15%). In absolute terms, the increase was registered because of Génesis Empresarial/Guatemala that registered a growth of 24,611 clients (19%). In terms of active portfolio, this variable increased 5.7 million (5.9%) but it was not such a significant growth due that Fundación Mario Santo Domingo reduced at 7.1 million but on the other hand, Génesis Empresarial/Guatemala reflected the highest and only one increase from this group: 11.4 million (17.5%).
ACCION International Network and Partners
AFRICA AND ASIA PARTNERS ‐ ACTIVE BORROWERS AND PORTFOLIO LAST 12 MONTHS
*Africa and Asia Group grew in 21,972 clients (22.5%). In absolute terms, Swadhaar/India was the institution with the highest increase: 16,997 active clients (37.8%). In terms of Active Portfolio, the group grew at a rate of 16.5% represented in 9.7 million and also Swadhaar was the institution from the group that recorded the highest growth in terms of this variable with 2.7 million (31.9%).
ACCION International Network and Partners
PORTFOLIO AT RISK > 30 DAYS – COMPARISON DECEMBER 2010 / SEPTEMBER 2011
• Regulated Institutions, registered a low increase in their PAR>30 days by increasing 0.34 percentage points, however, this indicator is located over the total weighted average indicator from all institutions by 0.21 points.
• Service Companies decreased in ‐0.75 percentage points; however, the indicator is located below the total weighted average indicator from all institutions by 1.72 points.
• NGO´s group improved this indicator by decreasing ‐2.36 percentage points and during this period, this group is the one located below the total weighted Average.
• Africa and Asia institutions decreased this indicator by ‐0.77 percentage points. However, this group still continues being the one located above the total weighted Average by (0.85 points).