Number borrowers | 502 |
Loan Amount (range) | BOB 400 - 160,000 |
Loan Term (range) | 37 - 60 |
Other Services (text summary) | Credit Ins |
Annual Interest & Method | 12.0%-18.0% annual, Decl Bal |
Fees | None |
Insurance | None |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 7.8% - 28.0% |
Fee Component | 0 |
Insurance Component | 0 |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 15.3% - 17.8% |
Transparency Index (min/max) | 52 - 101 |
Transparency Index (average) | 74 |
358 |
UGX 100,000 - 10,000,000 |
3 - 36 |
Credit Ins |
30.00% annual, Flat |
2 fees |
0.85% upfront |
None |
N/A |
21.0% - 59.5% |
1.4% - 27.1% |
1.2% - 4.5% |
0 |
56.7% - 68.7% |
36 - 96 |
50 |
Outstanding portfolio (BOB) | BOB 41,986,779.83 |
Portfolio (USD) | USD 6,220,263.68 |
Active Clients with Loans | 502 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 9 |
# Regions for this product | 9 |
Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija |
Outstanding portfolio (UGX) | UGX 772,264,828.60 |
Portfolio (USD) | USD 308,906 |
Active Clients with Loans | 358 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 40% - 60% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | x |
Agriculture | |
Education | |
Other household finance | x |
Other | Acquire Business or Personal Assets |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | x |
Must be specific age group | |
Other | Must have reliable source of income. |
Other (2) | The asset becomes part of loan security |
# Regions for this institution | 2 |
# Regions for this product | 2 |
Regions Active | Central, Western |
Currency | BOB |
Minimum loan size | BOB 400 |
Maximum loan size | 160,000 |
Loans less than BOB 10,000 | 0 |
BOB 10,000-40,000 | 20% |
BOB 40,000-70,000 | 20% |
BOB 70,000-100,000 | 20% |
BOB 100,000-125,000 | 10% |
Greater than BOB 125,000 | 10% |
Shortest loan term | 37.0 months |
Longest loan term | 60.0 months |
Approx average | 64.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 100% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | x |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | UGX |
Minimum loan size | UGX 100,000 |
Maximum loan size | 10,000,000 |
Loans less than UGX 1,000,000 | 5% |
UGX 1,000,000-5,000,000 | 80% |
UGX 5,000,000-7,500,000 | 5% |
UGX 7,500,000-10,000,000 | 10% |
UGX 10,000,000-13,000,000 | 0 |
Greater than UGX 13,000,000 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 36.0 months |
Approx average | 18.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 5% |
Between 10 and 12 months | 20% |
Between 13 and 18 months | 40% |
Longer than 18 months | 30% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 12.00% |
Highest quoted nominal interest | 18.00% |
Reason(s) why interest rate varies | Loan Size, Collateral, Plazo |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | No |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 2.50% |
Highest quoted nominal interest | 2.50% |
Reason(s) why interest rate varies | Time as Client, Client Risk |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Loan Application Fee & Stamp Duty | Loan Commission | |
% of loan amount - min | 0 | 2.00% | |
% of loan amount - max | 0 | 2.00% | |
OR, Fixed amount - min | 10,000 | 0 | |
Fixed amount - max | 15,000 | 0 | |
Reason for variation | Ap Fee = 10,000. Stamp Duty = 5,000 for loans > 2M | N/A | |
Appears on Repayment Sched? | No | No |
Ins 1 | |
---|---|
Description | Loan Insurance Premium |
% of loan amount - min | 0.85% |
% of loan amount - max | 0.85% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | BOB 62,000 | BOB 137,200 | BOB 120,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2013-02-21 | 2013-12-05 | 2014-04-07 | ||
Loan Term (Months) | 49.0 months | 122.0 months | 61.0 months | ||
Grace Period (Months) | 0.8 months | 0.1 months | 0.0 months | ||
Total Cost of Credit | BOB 20,103.73 | BOB 134,770.45 | BOB 54,900 | ||
True Price by Comp | |||||
Interest price component | 15.3% | 15.5% | 17.8% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 15.3% | 15.5% | 17.8% | ||
Transparency Index | 79 | 77 | 67 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Sample 1 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | UGX 500,000 | UGX 1,500,000 | UGX 3,000,000 | UGX 6,000,000 | UGX 10,000,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2012-11-08 | 2012-10-17 | 2012-10-12 | 2012-10-16 | 2012-11-15 | ||||
Loan Term (Months) | 5.0 months | 12.0 months | 10.0 months | 12.0 months | 12.0 months | ||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | ||||
Total Cost of Credit | UGX 86,750 | UGX 502,750 | UGX 850,500 | UGX 1,986,000 | UGX 3,300,000 | ||||
True Price by Comp | |||||||||
Interest price component | 48.0% | 50.4% | 50.3% | 50.4% | 50.6% | ||||
Fee Component | 17.0% | 5.4% | 5.9% | 4.5% | 4.4% | ||||
Insurance Component | 3.7% | 1.8% | 2.1% | 1.8% | 1.8% | ||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Full APR (int fee ins tax dep) | 68.7% | 57.6% | 58.3% | 56.7% | 56.7% | ||||
Transparency Index | 44 | 52 | 51 | 53 | 53 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
Key Statistics | |
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# 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 |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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