Grameen de La Frontera

Annual Financial Report for 2004

The Mexican Peso has varied from 9-11.3 to the U.S. Dollar

January

February

March

April

May

June

July

August

September

October

November

December

Number
of active
member

1,319

1,382

1,418

1,375

1,433

1,488

1,585

1,684

1,765

1,825

1,831

1,840

Amount
disbursed
this month

$160,080.00

$183,000.00

$362,080.00

$265,500.00

$437,040.00

$375,500.00

$517,040.00

$709,505.10

$749,080.00

$775,000.00

$490,000.00

$370,000.00

Amount
Outstanding

$1,126,928.90

$1,079,468.90

$1,124,348.90

$1,055,558.90

$1,197,558.90

$1,284,919.90

$1,441,658.90

$1,767,784.00

$2,100,904.00

$2,449,518.00

$2,513,198.00

$2,603,458.00

Cumulative
Amount
Loaned

$4,745,240

$4,928,240

$5,290,320

$5,555,820

$5,992,860

$6,368,360

$6,885,400

$7,594,905

$8,343,985

$9,118,985

$6,210,074

$9,984,645

Repayment rate

99%

99%

99%

99%

99%

99%

99%

99%

99%

99%

99%

99%