CREDUT UNION REPORT 2013.pdf April 2013 | Page 38

Tied to our vision, anchored by our values, building on our strengths Gross loans by sector and portfolio growth 2009 -2013 2013 Debt consolidation 2012 2011 2010 2009 22,393,250 27,284,851 23,648,789 17,297,922 12,207,819 Personal expenses 38,163,632 22,065,900 17,975,107 15,539,404 14,398,088 7,442,983 6,605,396 6,876,586 6,535,232 6,588,965 Housing 75,598,416 65,940,198 63,643,272 62,234,690 60,535,610 1,760,423 1,944,429 1,888,000 2,759,364 3,323,539 Education Home furnishing/appliances Agriculture 828,915 Business loans 449,717 296,767 132,732 10,619,389 10,133,253 10,936,589 10,989,918 3,475,614 3,048,397 3,283,996 3,208,786 1,537,934 1,738,618 1,398,717 1,312,211 7,769,603 9,179,467 10,347,321 8,798,061 10,032,173 169,675,662 Motor vehicle 3,153,390 1,607,749 Vacation & Travel TOTAL 559,216 10,635,077 Land purchase 148,890,170 14% 6% Annual Portfolio Growth 139,749,060 129,080,742 122,729,841 8% 5% Five (5) year analysis of the loan Portfolio 2009-2013 Loan disbursement by sector 2009-2013 (EC$) 2013 Debt Consolidation Personal Expenses Education Housing Home Furnishing/Appliances Agriculture Land Purchase 2012 2011 2010 2009 7,467,961 11,950,636 5,961,100 3,811,206 3,310,638 7,600,373 5,040,063 6,153,469 6,149,540 5,065,052 1,616,672 1,601,581 1,624,548 2,109,463 2,192,769 *21,302,579 8,629,130 14,611,195 18,143,162 18,091,338 405,173 374,744 388,344 569,869 604,280 331,573 381,268 313,337 473,210 424,372 2,852,524 3,198,967 3,547,139 4,275,920 3,038,327 Business 1,968,835 1,509,013 1,606,243 521,517 1,109,212 694,200 675,800 880,533 777,593 823,600 Motor Vehicle 2,832,772 2,708,192 4,603,360 3,265,912 3,487,912 47,072,663 36,069,394 39,689,268 Vacation & Travel 40,097,392 38,147,500 *This amount includes mortgage re purchased from ECHMB of $14,145,186.23. Actual disbursement for the period was $7,157,393.00 37