Housing MF - Enterprise Bank

8/9/2019 Housing MF - Enterprise Bank

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Updates

MICRO-HOUSING PROGRAM(House Repair Loan)

ENTERPRISE BANK, INC.

July 2010


2/17

Why Micro-housing?

Two of five poor Filipino families are living in houses withroofs that are not made of strong materials

One in four poor families has no sanitary toilets

Two in every five poor Filipinos do not have electricity in

their homes

Three in ten poor families do not have access to safe

water

Source: 2008 Annual Poverty Indicator Survey


3/17

EBIs Micro-Housing (House Repair) Loan Product

Objective is to provide Class A microfinance clients with creditfor house repairs and other home improvements

A decent home will enhance the clients well-being andultimately, their ability to sustain their livelihood and capacity

to pay off their loans

Pilot tested in June 30, 2006 in the cities of Tagum and Davao.

It accounts for 14 % of the total microfinance portfolio of EBI


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EBI Total Portfolio as ofMay, 2010

MF Loan Portfolio as of

May, 2010

178,378,459, 18%

709,242,280, 61%

243,618,243, 21%

MicrofinanceConsumer LoansSmall Business Loans

Special

Loans,

3,620,324,

2%

Micro-Agri,

30,593,942,

19%

Other Loans,447,972.00,

0%

KMTK

Regular,

108,597,220,

68%

Micro

Housing ,

32,465,077,

14%

Back to BackLoans,

29,250,730,

13%


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Clients 2006 2007 2008 2009 May 2010

SDS 22,396,354 31,972,809 22,712,301 24,221,762 36,333,886

Santreba 17,662,970 31,972,809 7,685,344 6,535,448 16,317,995

Bxu-Srgo 15,979,622 22,264,386 14,293,591 12,742,479 23,431,019

CDO 9,630,428 21,369,128 25,568,267 16,762,649 27,013,462

Valencia 11,862,750 13,978,605

Gensan 9,922,035 21,311,459

Panabo 17,258,476 24,290,705

Tagum 47,400,175 72,679,432 46,460,071 21,952,704.96 27,758,379

Davao 17,203,974 39,632,313 32,213,805 31,915,840.43 48,141,940

Cebu 6,551,796 7,312,130

Total 130,273,521 204,397,626 148,933,379 159,725,942 245,889,580

EBI Loan Portfolio as of May, 2010


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Area ActiveClients

Outstanding LoanPortfolio

Portfolio atRisk

Region 1 2,825 19,505,747 743,760

Region 2 2,501 12,420,438 776,643

Cebu Area 93 538,894 26,111

Total 5,419 32,465,079 1,546,514

EBI Micro-Housing Loan Portfolioas of May, 2010


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Geographical Distribution- Micro-housing/House Repair Clients

Branch ActiveAccounts

Madrid 55

Tandag 172

Aras-asan 143

Barobo 102

Hinatuan 102

Bislig 133

Boscaba 49

Head Office 0

San Francisco 175

Trento 54

Bayugan 108

Surigao City 55

(Gingoog) Balingoan 109

Butuan 60

Cagayan 275

Iligan 513

Ozamis 150Dipolog 8

South Bukidnon 125

North Bukidnon 437

Region 1 2825

Branch ActiveAccounts

Davao 488

Calinan 89

Digos 54

Kidapawan 335

Marbel 39

Gensan 22

Panabo 442

Sto. Tomas 431

Tagum 420

Mati 143

Compostela Valley 38

Region 2 2501

Branch Active Accounts

Carcar 20

Cebu 73

Cebu Area 93

Region 1

Region 2


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EBIs house repair loan product aims to improve theliving conditions of entrepreneurs by making their

homes livable, sanitary and secure.


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Micro-Housing Priority Projects

Building and repairs of toilets

Construction or de-clogging of septic tanks

House repair and improvements or building of additional room

Walling, ceiling, roofing, flooring, replacement offoundations, drainage, fencing, gate construction, plumbing

Connections to basic services like water and electricity


10/17

Jana Samburayan

Before

Centrum Center, Tigatto, Davao City

Dealer of processed foods

5 years in KMTK program

Has P 18, 000 regular loan

With P 25, 000 HRL for the totalrenovation of her house.

After

Profiles of existing clients


11/17

Jainab Catucag

Sari-sari store owner Centrum Center, Tigatto Davao City

5 years in KMTK program

Has P13, 000 loan for the sari-sari

store With additional P15, 000 for the repair

of their kitchen.

Before

After


12/17

Before

After

Nenita Canete

Center chief, Pooh Center,Davao City

6 years in the KMTK program

Fish vendor

Has P24,000 loan for her fish

retail business

Availed of P20,000 loan for

various home improvements

The ceiling of Ms. Canehouse before she availof the House Repair Lo

The same ceiling andadjoining parts of the house

after renovation


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House Repair Loan Policies

a. Must be with the KMTK Program for at least 1 year.

b. Must be classified as a Class A client.

c. Must own the house that her family occupies.

d. Her family life is peaceful, household and business

environment are neat and properly organized.

e. Must have an actual renovation plan for her household

f. Must have an existing business that operates andearns on a regular and sustainable manner ( based on

Cash Flow)

g. Priority will be given to repair or installation of toilets


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Challenges in implementingHouse Repair Loan

Control mechanism so that disbursements are not

diverted to other activities

Term of the product is long (12 months), thus higher

risk Over-exposure/multiple loans of clients

Clients lack of tenure/ownership of house and lot

Client drop-out

Delinquency of clients


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The Proposed EBIGreen Village

Butuan City

1.5 hectare socializedhousing project for EBI

employees


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Features:

Townhouses

Duplex Houses

Basketball Court

Playground

Wide parking area

Commercial area

Zen gardens

Vegetable patches

Preparations ongoing in

partnership with DBP


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Thank you.

Documents

Housing MF - Enterprise Bank