Any particular MFIs you'd like me to look into?

[Guest]

.

[Skimmis]

Hi Howard,

We've been in touch with FECECAV and they've had a lot of trouble with internet connections lately so it has caused a bit of delay in communication. We are expecting to receive a payment from them soon, and we'll be sure to let you know when we do.

Ali

Lol the old explenation:  the money is in the mail    

[howard]

Hi Howard,

We've been in touch with FECECAV and they've had a lot of trouble with internet connections lately so it has caused a bit of delay in communication. We are expecting to receive a payment from them soon, and we'll be sure to let you know when we do.

Ali

Thank you, Ali. Fingers crossed. It will be great when the FECECAV saga is finally over (with 100% repayment, of course).

[Astrid]

FATEN from Palestine has over 20% loans at risk. http://www.kiva.org/partners/80
Perhaps better to look into this before it becomes a big problem and the dlq rate is still low?

[IN]

Hello everyone. I am a new lender. Interactuar has  26.38 % loans at risk rate. http://www.kiva.org/partners/177 Is this considered normal? Sorry if this issue had been addressed before.

[cpbailey]

OK.  I think I might have an idea of the difference between Delinquency Rate and Loans at Risk Rate.  Delinquency is the amount late over the remaining principle balance soooooo if there are $100k in loans made, but $10k is already repaid and a loan is $10 short but all other loans are repaid as amortized per schedule then $10/$90,000 is the ratio computed.  For Loans at Risk Rate, this same Field Partner would take into account that the loan that is short is for $1,000 with a remaining balance of $950.  This ratio is $950/$90,000. 

If I have the terms correct, then the loans at risk rate assumes that any late payment will completely stop paying the whole balance.  How do factors come into play?  Well, longer term loans will tend to have bigger balance remaining; thus, a late payment or partial payment will impact Loans at Risk Rate much more.  Secondly, if a field partner has a glitch in calculating the amount to repay by a few cents on all loans, then it can become very high.  The same amount short on one loan which didn't have any repayment (and may indicate a problem loan rather than a computer glitch or perhaps currency calculation error) would be much smaller.

Can I get a confirmation of what those numbers mean in real life?


CHeck out the repayments actually made to see the pattern.  In just a week, some clarity should happen as repayments will be posted on the 15th of February.

Colette

[howard]

Still looking for John's report on LEAP and the January repayment from FECECAV.

Howard