Product
Loan amount
(mxp)
Maturity
Crédito Mujer (Women
Credit)
$3,576
16 weeks
78.0%
116.9%
Crédito Adicional (Additional
Credit)
$6,007
11 weeks
77.0%
114.8%
Crédito Individual (Personal
Credit)
$20,001
12 months
72.6%
Crédito Comerciante
(Merchant Credit)
$6,006
10 every two
weeks
90.0%
$10,001
12 months
82.0%
It doesn´t apply
It doesn´t apply
$10,005
12 every four
weeks
90.3%
It doesn´t apply
It doesn´t apply
Crédito Crece y Mejora
(Growing and Improving
Credit)
Crédito Crece y Mejora
CCR (Merchant Growing
and Improving Credit)
Average CAT (2)
weekly payment
APR (1)
Average CAT(2)
biweekly payment
Average CAT (2)
monthly payment
Average CAT (2)
tetraweekly payment
*
It doesn´t apply
It doesn´t apply
It doesn´t apply
*
It doesn´t apply
It doesn´t apply
It doesn´t apply
It doesn´t apply
**
It doesn´t apply
It doesn´t apply
142.3%
*
102.3%
*
It doesn´t apply
121.0%
It doesn´t apply
It doesn´t apply
It doesn´t apply
*
It doesn´t apply
139.5%
*
* Without IVA
** Group Weighted Average Rate (personalized ordinary fixed rate per customer)
(1) APR (Annual Percentage Rate). Annual rate, it reflects costs the institution charges to clients, including
ordinary fees. Compartamos does not charge any ordinary fee to its clients.
(2) CAT (Total Annual Cost). CAT is shown for illustrative purposes only, and to be compared only with similar
credit products from other financial institutions.
APR and CAT were calculated as 2016/03/01.
Information concerning products is subject to change.
Commissions for late fees
Tu Crédito Mujer, Tu Crédito Comerciante and Crédito Adicional do not charge for late fees
commissions.
Individual Credit Commissions
The Individual Credit product charges a commission for arrears, which may be charged for
one of the following reasons:
1. Default of payment(s) and/or
2. Incomplete payment(s).
This commission is calculated by using the amount equal to a percentage Compartamos
Banco determines for each client’s outstanding amount due based on their payment
frequencies described as follows:
Monthly frequency
Cut-off dates
First cut-off date
Payment Range
$
Commission
-
$1,000
30%
Second cut-off date
$1,001
$2,000
25%
Third cut-off date
$2,001
$4,000
20%
Fourth cut-off date
$4,001
$8,000
10%
Fifth cut-off date
$8,001
$20,500
5%
Bi-weekly frequency
Cut-off dates
First cut-off date
$
-
Payment Range
Second cut-off date
$
Commission
$
500
30%
501
$1,000
25%
Third cut-off date
$1,001
$2,000
20%
Fourth cut-off date
$2,001
$3,000
10%
Fifth cut-off date
$3,001
$20,500
5%
Crédito Crece y Mejora Commissions
The Crece y Mejora loan product charges a commission for arrears, which may be charged for
any of the following reasons:
1. Default of payment(s) and/or
2. Incomplete payment(s).
This commission is calculated by using the amount equal to a percentage Compartamos
Banco determines for each client’s outstanding amount due based on their payment
frequencies described as follows:
Frequency: Monthly and four weeks
Cut-off dates
First cut-off date
$
Payment Range
$
1,000
Commission
50%
Second cut-off date
$
1,001
$
1,750
40%
Third cut-off date
$
1,751
$
2,250
30%
Fourth cut-off date
$
2,251
$
2,750
20%
Fifth cut-off date
$
2,751
And higher
10%
Frequency: two weeks
Cut-off dates
First cut-off date
Second cut-off date
Third cut-off date
Fourth cut-off date
Fifth cut-off date
Payment Range
$$ 500
$ 501
$ 650
$ 651
$ 900
$ 901
$1,500
$1,501
And higher
Commission
50%
40%
30%
20%
10%
Note: all commission calculations ending in decimals are rounded as follows:
> 0.00 to 0.49 down to last whole number
> 0.50 to 0.99 up to next whole number
Payment Channel Commissions
You will be charged an $9.00 commission for paying for any of our products at an Oxxo
store.