2. ANED
Please note that the information you are viewing is 130 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Selfina
Please note that the information you are viewing is 157 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Asociación Nacional Ecuménica de Desarrollo Calle Rosendo Gutierrez pasaje Finot #679La Paz, Bolivia
Data approved: 2013-08-19
Data version: 2
Age of data: 130 months
Choose version

Institution

Selfina Mikocheni Garden Road, SATF BuildingDar Es SalaamPO Box 31310
Data approved: 2011-12-18
Data version: 1
Age of data: 157 months

Product

Credito Individual - USD Product 3 of 3 « Prev | Next »

Product

Microleasing Loan Product 1 of 2 « Prev | Next »

Product Summary

Number borrowers1,235
Loan Amount (range)USD 200 - 12,000
Loan Term (range)6 - 96
Other Services (text summary)Credit Ins
Annual Interest & Method12.0%-36.0% annual, Decl Bal
FeesNone
Insurance0.09%-0.10% upfront 0.05%-0.82% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component16.1% - 37.9%
Fee Component0
Insurance Component1.0% - 1.1%
Tax Component Range0
Full APR (int fee ins tax dep)19.1% - 37.0%
Transparency Index (min/max)32 - 96
Transparency Index (average)48

Product Summary

500
TZS 150,000 - 4,000,000
6 - 18
Business Training
30.00%-33.60% annual, Flat
0.00%-3.00% upfront
None
None
25.00% upfront
 
N/A
63.6% - 75.9% (Int+Fee)
0
0
103.3% - 127.1%
24 - 38
27

Product Details

Key Statistics
Outstanding portfolio (USD)USD 1,858,914.10
Portfolio (USD)USD 1,858,914.10
Active Clients with Loans1,235
Approximate % Female Clients20% - 40%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Crédito otorgado a personas naturales donde se considera como unidad económica a la familia (el análisis y evaluación de la capacidad de pago se establece sobre la base de ingresos y gastos familiares).
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loanx
Agriculturex
Educationx
Other household finance
OtherCapital de Operación - Inversión
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution9
# Regions for this product7
Regions ActiveBeni , Chuquisaca , Cochabamba , La Paz , Potosí, Santa Cruz, Tarija

Product Details

Key Statistics
Outstanding portfolio (TZS)TZS 1,000,000,000
Portfolio (USD)USD 628,930.82
Active Clients with Loans500
Approximate % Female Clients80% - 100%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
A microleasing product is giving an equipment to a client who will use it in production. This can be small tractors or power tillers, coolers, sewing machines, bakery equipment or photocopiers depending on the client needs.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 200
Maximum loan size12,000
Distribution at Disbursement (Est.)
Loans less than USD 1,50010%
USD 1,500-5,00080%
USD 5,000-10,00010%
USD 10,000-15,0000
USD 15,000-18,0000
Greater than USD 18,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term96.0 months
Approx averagedk
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months5%
Between 13 and 18 months15%
Longer than 18 months80%
Grace Period
Grace period usage10%
Average grace periodDK
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 monthsx
Quarterlyx
Every 6 monthsx
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyTZS
Minimum loan sizeTZS 150,000
Maximum loan size4,000,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term18.0 months
Approx average12.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest12.00%
Highest quoted nominal interest36.00%
Reason(s) why interest rate variesTime as Client, Loan Size, Client Risk, Collateral, Loan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionSeguro de desgravamen
% of loan amount - min0.09%
% of loan amount - max0.10%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationLa comisión es: (0.085% X monto del crédito) + ((0.085% X monto del crédito) / número de días entre el desembolso y la fecha de la primera cuota)
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
Ins 1
DescriptionSeguro de desgravamen
% of loan amount - min0.05%
% of loan amount - max0.82%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationComisión de 0.085% mensual aplicado sólo al saldo del capital remanente del crédito.
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest2.80%
Reason(s) why interest rate variesClient Risk
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionApplication Fee
% of loan amount - min0
% of loan amount - max3.00%
OR, Fixed amount - min15,000
Fixed amount - max0
Reason for variationLoans above TZS 400,000 are charged 3% of the loan amount
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited25.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Credito Individual - USD samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountUSD 1,200USD 3,000USD 5,000USD 5,000USD 10,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2014-01-052014-01-102014-01-102014-01-062014-01-03
Loan Term (Months)20.0 months12.0 months18.0 months30.0 months12.0 months
Grace Period (Months)0.2 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditUSD 215.27USD 425.36USD 1,420.74USD 2,769USD 1,064.09
True Price by Comp         
Interest price component18.1%24.1%32.0%36.0%18.1%
Fee Component0.0%0.0%0.0%0.0%0.0%
Insurance Component1.0%1.0%1.1%1.0%1.1%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)19.1%25.1%33.1%37.0%19.2%
Transparency Index6348363263
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Microleasing Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountTZS 250,000TZS 500,000TZS 900,000TZS 2,000,000TZS 3,000,000TZS 4,250,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2009-09-232010-11-252009-08-152010-12-072009-03-252009-11-17
Loan Term (Months)6.0 months12.0 months12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component75.9%64.6%63.9%64.1%63.6%64.5%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component51.3%40.8%40.0%40.2%39.7%40.7%
Full APR (int fee ins tax dep)127.1%105.4%103.9%104.3%103.3%105.2%
Transparency Index242829292929
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Credito Individual - USD Price Graphs


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Microleasing Loan Price Graphs


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Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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