1st Valley Bank
Unsecured loan intended to finance full production farm budget for SHF owning up to max. of 7 hectares.
Product Overview & Scale
- Fsp Name1st Valley Bank
- Fsp ID100372
- As of Date8/31/17
- CurrencyUSD
- Product NameAgri-Agra: Supervised Credit Loan
- CountryPhilippines
- Total Clients Bracket100,000- 500,000
- Product Clients Bracket<10,000
- Number of Product Clients8,655
- Percent of Total Clients that are Product Clients7%
- Average Loan Size Per Client1
- Average Loan Size Per Client1
Financial Structure & Pricing
- loan or product structure is flexibleTRUE
- repayment structure is flexibleTRUE
- loan or product term covers growing seasonTRUE
- grace period offeredFALSE
- group or individual loanIndividual
- apr25%
- average loan processing time days2
- if flat rate whyN/A
- is apr or other transparent pricing communicated to clientsTRUE
- type of primary insurance productTraditional crop insurance
- average deposit size22
- annualized repayment rate of the product<90%
Value Chain Support
- inputs assets services are readily availableTRUE
- inputs assets services are available at time demanded by clientTRUE
- inputs assets services available within reasonable distance of clientTRUE
- inputs assets services are of good qualityTRUE
- type of inputs offeredUsable
- informal management services providedFALSE
- formal programs in place for post harvest managementTRUE
- informal linkages exist between clients and buyers producersTRUE
- formal linkages exist between clients and buyers producersTRUE
- guaranteed market opportunities exist for clientsTRUE
- if yes to above do over 50 of clients use the service programFALSE
Training
- agricultural training available to clientsTRUE
- agricultural training available to clients using formal curriculumTRUE
- multiple agricultural trainings delivered during product cycleTRUE
- organization does quality checks on trainingsFALSE
- financial literacy training takes places yes noFALSE
- classroom theoretical training offered by administering partyTRUE
- training engages clients in participatory learning with additional materialsTRUE
- training is offered in a convenient location for clientsTRUE
Measuring Impact
- regular measurement of farmer yields takes placeFALSE
- formal measurement with strong control groupFALSE
- rct or other academic quality work done to verify resultsFALSE
- measurement of change to profit income or poverty reduction takes placeTRUE
- using methodical process over time to measure changeTRUE
- using methodical process over time to measure change if yes describeEach cropping season
- what type of poverty measurement metric is usedN/A