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performance highlight

 

Balance Sheet (in US$)
  30-Jun-2010
31-Dec-2009
31-Dec-2008
       
Gross Loan Outstanding 25,958,846 22,372,833 19,060,212
     
Total Assets 30,393,450 24,529,816 20,844,959
     
Total Liabilities 24,500,265 19,246,238 16,155,147
     
Total Equity 5,893,185 5,283,578 4,689,812
       

 

Profit and Loss Statement (In US$)
  30-Jun-2010 31-Dec-2009 31-Dec-2008
 
 
Total Financial Income 3,466,457 5,839,511 4,493,103
 
Total Financial Cost 1,004,161 1,585,587 1,173,636
 
Gross Financial Margin 2,462,297 4,253,924 3,319,467
 
Provision for Loan Losses (50,547) 675,409 -
 
Net Financial Margin 2,512,844 3,578,515 3,319,467
 
Total Operating Expenses 1,938,399 3,072,356 2,215,065
 
Net Operations (Loss)/Income before Tax 574,444 506,159 1,104,402
 
Income Tax Expense 132,370 143,894 208,175
 
Net Operations (Loss)/Income after Tax 442,075 362,265 896,227
 
Grant Income 154,457 201,353 79,115
 
Net (Loss)/ Income 596,532 533,215 975,342

 

Portfolio Quality
 
30-Jun-2010
31-Dec-2009
31-Dec-2008
 
 
PAR 0+ 2.88% 3.62% 0.77%
 
PAR 30+ 2.51% 3.15% 0.32%
 
WRITE-OFF 0.00% 0.23% 0.12%
     

 

Efficiency Ratios
  30-Jun-2010 31-Dec-2009 31-Dec-2008
 
 
Number of Loans per Credit Officer 180 187 220
 
Loan Portfolio per Credit Officer 106,827 104,546 122,566
 
Yield on Portfolio 14.06% 27.97% 30.37%
 
 
Operating Expense Ratio 8.02% 13.73% 15.09%
 

 

Profitability Ratios
 
30-Jun-2010
31-Dec-2009
31-Dec-2008
 
 
ROA 1.61% 1.47% 5.56%
 
ROE 7.91% 6.65% 22.41%
 
ROCE 3.32% 8.93% 11.92%
 
OSS 120% 109% 125%