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performance highlight

 

Balance Sheet (in US$)
 
31-Dec-2009
31-Dec-2008
31-Dec-2007
       
Gross Loan Outstanding 22,372,833 19,060,212 10,216,909
   
Total Assets 24,529,816 20,844,959 11,410,017
   
Total Liabilities 19,246,238 16,155,147 8,100,816
   
Total Equity 5,283,578 4,689,812 3,309,201
       

 

Profit and Loss Statement (In US$)
 
31-Dec-2009
31-Dec-2008
31-Dec-2007
 
   
Total Financial Income 5,839,511 4,493,103 2,226,616
 
Total Financial Cost 1,585,587 1,173,636 442,903
 
Gross Financial Margin 4,253,924 3,319,467 1,783,713
 
Provision for Loan Losses 675,409 - -
 
Net Financial Margin 3,578,515 3,319,467 1,783,713
 
Total Operating Expenses 3,072,356 2,215,065 1,135,804
 
Net Operations (Loss)/Income before Tax 506,159 1,104,402 647,909
 
Income Tax Expense 143,894 208,175 164,815
 
Net Operations (Loss)/Income after Tax 362,265 896,227 483,094
 
Grant Income 201,353 79,115 159,532
 
Net (Loss)/ Income 563,618 975,342 642,626

 

Portfolio Quality
 
31-Dec-2009
31-Dec-2008
31-Dec-2007
 
   
PAR 0+ 3.62% 0.77% 0.63%
 
PAR 30+ 3.15% 0.32% 0.33%
 
WRITE-OFF 0.23% 0.12% 0.18%
   

 

Efficiency Ratios
 
31-Dec-2009
31-Dec-2008
31-Dec-2007
 
   
Number of Loans per Credit Officer 187 220 206
 
Loan Portfolio per Credit Officer 104,546 122,566 117,085
 
Yield on Portfolio 27.97% 30.37% 29.64%
 
   
Operating Expense Ratio 14.83% 15.09% 16.08%
 

 

Profitability Ratios
 
31-Dec-2009
31-Dec-2008
31-Dec-2007
 
   
ROA 1.60% 5.56% 5.69%
 
ROE 7.26% 22.41% 16.32%
 
ROCE 9.06% 11.92% 10.26%
 
OSS 109% 125% 141%