ASKI
Flexible loan product tailored to smallholder clients, with a variable loan term, grace period, and different repayment frequency options. No physical or cash collateral requirement.
Product Overview & Scale
- Fsp NameASKI
- Fsp ID100075
- As of Date12/1/15
- CurrencyUSD
- Product NameAgriculture Production Loan
- CountryPhilippines
- Total Clients Bracket100,000- 500,000
- Product Clients Bracket10,000- 50,000
- Number of Product Clients20,800
- Percent of Total Clients that are Product Clients16%
- Average Loan Size Per Client617
- Average Loan Size Per Client617
Financial Structure & Pricing
- loan or product structure is flexibleFALSE
- repayment structure is flexibleTRUE
- loan or product term covers growing seasonTRUE
- grace period offeredTRUE
- group or individual loanBoth
- apr0%
- annualized repayment rate of the product95- 98%
Value Chain Support
- inputs assets services are readily availableTRUE
- inputs assets services are readily available if yes describeAs part of pilot, AMPC delivers fertilizer directly to clients.
- inputs assets services are available at time demanded by clientTRUE
- inputs assets services are available at time demanded by client if yes describeAMPC guarantees the timing.
- inputs assets services available within reasonable distance of clientTRUE
- inputs assets services available within reasonable distance of client if yes describeAMPC delivers directly to client.
- inputs assets services are of good qualityTRUE
- inputs assets services are of good quality if yes describeAMPC guarantees good quality.
- type of inputs offeredUsable
- informal management services providedFALSE
- formal programs in place for post harvest managementFALSE
- informal linkages exist between clients and buyers producersFALSE
- formal linkages exist between clients and buyers producersTRUE
- formal linkages exist between clients and buyers producers if yes describeAMPC buys harvest from clients receiving in-kind rice loan, consolidates and sells cassava harvest to buyer, and has direct linkages to onion buyers.
- guaranteed market opportunities exist for clientsFALSE
Training
- agricultural training available to clientsTRUE
- agricultural training available to clients if yes describeTechnical training is delivered indirectly by Local Government Units providing extension services to farmers.
- agricultural training available to clients using formal curriculumTRUE
- multiple agricultural trainings delivered during product cycleTRUE
- multiple agricultural trainings delivered during product cycle if yes describeTrainings delivered twice a month or monthly.
- organization does quality checks on trainingsTRUE
- financial literacy training takes places yes noFALSE
- classroom theoretical training offered by administering partyFALSE
- training engages clients in participatory learning with additional materialsFALSE
- training is offered in a convenient location for clientsTRUE
- training is offered in a convenient location for clients if yes describeTraining offered in field.
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
- measurement of change to profit income or poverty reduction takes place if yes describePPI is collected
- using methodical process over time to measure changeTRUE
- using methodical process over time to measure change if yes describeCollected at every new loan cycle and analyzed quarterly and anually
- what type of poverty measurement metric is usedProgress out of Poverty Index (PPI)