Collection Report

and Analysis
Inclusive Period: January 2015- September 2015
Past Due vs. Total Collection
Total Past Due declared as of January 2015 Php 3,939,439.34

Total Collection January to September 2015 1,533,162.58

Total Insurance Claims (Jan-Sept 2015) 293,800.00

Estimated and Expected Balance as of Sept 2015 Php 2, 112,476.76

Total Collection (January 2015- September 2015)
Month (2015) Collection
January 104,746.28
February 132,364.00
March 220,400.00
April 105,875.00
May 130,896.00
June 172,320.40
July 205,100.00
August 161,460.90
September 300,000.00

Total Collection Php 1,533,162.58

 Insured vs. Claims
2015 Insured Claims
January 33,627.44 16,000.00
February 28,570.00
March 44,930.22 30,000.00
April 24,499.60
May 14,407.56
June 10,635.48 202,800.00
July 28,166.97
August 19,686.24 21,000.00
September 24,000.00
October
November
December
Total 204,523.51 293,800.00
Estimated Bal vs. Actual Bal as of June 2015

Estimated Balance : Php 2,824,037.66

Actual Balance : 3,290,433.09

Difference : 466,395.43

Impression:
estimated (averaging) Php 80,000.00 is declared past due every
month from January 2015 to June 2015.
Average collection per month (Jan-June 2015) is Php 140,000.00
Past Due Reduction Target
December 2015 : 3,500,000.00

December 2016 : 2,500,000.00

December 2017 : 1,500,00.00

Close Monitoring
Strict Implementation of existing policies:
notice of deduction to co-maker
affidavit of undertaking as co-maker
accounting of one (1) set forms
early findings of past due or candidate (action flow)

Suggested modifications/improvement:
clearance
personal data sheet:
comaker- indicate in index
borrower- indicate expiration of contract