Variable | Measure | Notation | Expected effect |
Dependent |
| ||
Portfolio at Risk > 30 days Ratio | Outstanding balance of all loans with arrears more than 30 days over the outstanding gross loan portfolio in percent. | PAR30 | N/A |
Independent |
| ||
Exchange rate | Local currency (HTG) units per U.S. dollar. | EXR | +
|
Inflation | Inflation rate as measured by the consumer price index | INFL | ± |
Loan Amount per Borrower | Loan amount disbursed to borrowers on average/Loan size (Level of indebtedness of borrowers). | LAB | + |
Gross Loan Portfolio | All outstanding principal for all outstanding client loans. | GLP | + |