March - 2011

Consolidated USAID-Tijara and Inma Grant ICF-SME Shareholder Loan Results - End-Mar 2011
1 2 3 4 5 6 7 8 9 10 11 12 13
A1 A2 A4 A4/A1
ICF-SME Member Bank ICF-SME Funding ID-Millions Total Loan Disb. ID- millions ICF-SME Portion ID- Millions Co-Fund ID-Millions No. of SME Loans Outstanding Loans % Bank Co-Fund % portfolio Outside Baghdad % portfolio disbursed as 2-Year Loans % ICF-SME funds in Loans % ID Loans to Females New Jobs
Ashur Bank 823 2,285 1,702 583 74 821 26% 42% 50% 100% 15% 118
Baghdad Bank 1,535 4,098 2,499 1,599 206 1,392 39% 66% 100% 91% 8% 319
Basrah Bank 623 1,284 1,279 5 116 607 0% 40% 0% 97% 13% 138
Gulf Bank 1,177 2,794 2,119 675 87 1,133 24% 40% 94% 96% 3% 92
Iraq MEI Bank 757 2,239 1,478 761 57 743 34% 40% 84% 98% 20% 116
Mosul Bank 869 1,919 1,860 59 116 850 3% 92% 78% 98% 10% 7
National Bank 473 1,021 1,007 14 78 462 1% 5% 87% 98% 11% 15
North Bank 1,516 3,632 2,558 1,074 102 1,473 30% 52% 47% 97% 7% 223
Sumer Bank 459 755 724 31 45 431 4% 0% 68% 94% 14% 19
TOTAL 8,232 20,027 15,226 4,801 881 7,912 24% 49% 72% 96% 10% 1047
Equ. $ 000's 7,000 17,030 12,947 4,082 6,728
  • Percentage of Monthly Loan Origination: (Columns (3) - (3) last month / Column (3) last month) = 3%.
  • Recycled Funds: (Columns (4) - (2) / (2)) = 85%.
  • Outstanding Total Loans: (Columns (7) + (8) x (7)) = $ 8343.
  • Average Loan Size: (Columns (3) / (6)): $19 ( ID 22.3 million).
  • Loan Origination using ICF-SME funding: (Columns (4) - (2)) exceeds USAID grant by $5947.
  • Percentage of grant funds used in loans: (Columns (7) / (2))= 96% of the $7,000,000 was in loans. Policy now requires minimum of 95%.
  • Excessive cash at 2 of the 9 banks.
ICF-SME Loan Distribution by Bank Branch as of End-Mar 2011 in $000's
Ashur Baghdad Basrah Gulf IMEB Mosul National North Sumer TOTALS
$ # $ # $ # $ # $ # $ # $ # $ # $ # $000's # Loans
NORTH
Dohuk 473 31 128 4 600 35
Erbil 289 15 88 2 117 2 335 17 829 36
Sulaymaniya 294 14 99 9 392 23
Ninawa 17 2 520 44 39 5 576 51
Kirkuk 51 4 51 4
$2,449 149
 
NORTH CENTRAL
Salah Ed Din 238 13 25 2 77 5 339 20
Diyala 87 4 87 4
Baghdad 1,122 32 1,172 47 666 68 1,410 41 1,151 43 129 10 829 73 1,486 58 642 45 8,607 417
Anbar 631 56 1,241 30 1,872 86
$10,905 527
 
SOUTH CENTRAL
Najaf 200 15 291 20 491 35
Diwaniyah 79 5 59 3 138 8
Babil 503 29 192 24 93 2 631 11 1,419 66
Karbala 270 14 81 8 36 3 234 10 620 35
Wasit 180 17 180 17
$2,848 161
 
SOUTH
Muthanna 204 7 204 7
Dhi Qar 71 5 72 10 117 4 259 19
Maysan 60 2 60 2
Basrah 141 4 81 6 78 5 5 1 305 16
$828 44
Total 1,943 74 3,485 206 1,092 116 2,376 87 1,904 57 1,632 116 868 78 3,088 102 642 45 $17,030 881