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performance highlight

 

Balance Sheet (in US$)
  30-Sep-2011
31-Dec-2010
31-Dec-2009
       
Gross Loan Outstanding 39,366,585 32,756,086 22,372,833
     
Total Assets 43,690,082 36,326,923 24,529,816
     
Total Liabilities 35,549,169 29,366,795 19,246,238
     
Total Equity 8,140,913 6,960,128 5,283,578
       

 

Profit and Loss Statement (In US$)
  30-Sep-2011 31-Dec-2010 31-Dec-2009
 
 
Total Financial Income 7,793,071 8,094,153 5,839,511
 
Total Financial Cost 2,271,780 2,266,447 1,585,587
 
Gross Financial Margin 5,521,291 5,827,706 4,253,924
 
Provision for Loan Losses (78,895) (130,469) 675,409
 
Net Financial Margin 5,600,186 5,958,17 3,578,515
 
Total Operating Expenses 4,211,686 4,437,372 3,072,356
 
Net Operations (Loss)/Income before Tax 1,388,500 1,520,802 506,159
 
Income Tax Expense 340,365 411,319 143,894
 
Net Operations (Loss)/Income after Tax 1,048,135 1,109,483 362,265
 
Grant Income 313,323 324,793 201,353
 
Net (Loss)/ Income 1,361,458 1,434,276 533,215

 

Portfolio Quality
 
30-Sep-2011
31-Dec-2010
31-Dec-2009
 
 
PAR 0+ 1.30% 1.63% 3.62%
 
PAR 30+ 1.02% 1.47% 3.15%
 
WRITE-OFF 0.01% 0.34% 0.23%
     

 

Efficiency Ratios
  30-Sep-2011 31-Dec-2010 31-Dec-2009
 
 
Number of Loans per Credit Officer 189 194 187
 
Loan Portfolio per Credit Officer 133,446 125,502 104,546
 
Yield on Portfolio 19.94% 27.34% 27.97%
 
 
Operating Expense Ratio 10.37% 14.54% 13.97%
 

 

Profitability Ratios
 
30-Sep-2011
31-Dec-2010
31-Dec-2009
 
 
ROA 2.62% 3.65% 1.47%
 
ROE 13.88% 18.12% 6.65%
 
ROCE 18.96% 7.23% 8.93%
 
OSS 123% 123% 109%