| Number borrowers | 64 |
| Loan Amount (range) | USD 50 - 250,000 |
| Loan Term (range) | 3 - 60 |
| Other Services (text summary) | Credit Ins, La tasa cobrada al cliente le permite gozar de un seguro de desgravamen. |
| Annual Interest & Method | 5.8%-7.2% annual, Decl Bal |
| Fees | None |
| Insurance | None |
| Tax | 15.00% Principal |
| Comp Dep | 100.0% upfront |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 0 (Int+Fee) |
| Insurance Component | 0 |
| Tax Component Range | 0 - 3.0% |
| Full APR (int fee ins tax dep) | 0 |
| Transparency Index (min/max) | -159 - N/A |
| Transparency Index (average) | N/A |
| 95 |
| UGX 500,000 - 625,000,000 |
| 4 - 60 |
| Credit Educ, Credit Ins |
| 24.00% annual, Decl Bal |
| 3 fees |
| 1.10% upfront |
| None |
| N/A |
| 28.2% - 55.7% |
| 1.8% - 17.9% |
| 0.8% - 5.2% |
| 0 |
| 44.8% - 46.8% |
| 27 - 69 |
| 52 |
| Outstanding portfolio (USD) | USD 184,453 |
| Portfolio (USD) | USD 184,453 |
| Active Clients with Loans | 64 |
| Approximate % Female Clients | 40% - 60% |
| 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 | La tasa cobrada al cliente le permite gozar de un seguro de desgravamen. |
| 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 | Puede ser otorgado tanto a Clientes propietarios de un Negocio como a Clientes Asalariados. |
| Other (2) | Clientes con DPFs propios del Banco |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (UGX) | UGX 4,131,125,941 |
| Portfolio (USD) | USD 1,588,894.59 |
| Active Clients with Loans | 95 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 40% - 60% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | x |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| 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 | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | Schools & Companies are also eligible. |
| Other (2) |
| # Regions for this institution | 3 |
| # Regions for this product | 3 |
| Regions Active | Central, Eastern, Western |
| Currency | USD |
| Minimum loan size | USD 50 |
| Maximum loan size | 250,000 |
| Shortest loan term | 3.0 months |
| Longest loan term | 60.0 months |
| Approx average | 21.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| 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 500,000 |
| Maximum loan size | 625,000,000 |
| Loans less than UGX 1,000,000 | 10% |
| UGX 1,000,000-5,000,000 | 10% |
| UGX 5,000,000-7,500,000 | 10% |
| UGX 7,500,000-10,000,000 | 10% |
| UGX 10,000,000-13,000,000 | 10% |
| Greater than UGX 13,000,000 | 10% |
| Shortest loan term | 4.0 months |
| Longest loan term | 60.0 months |
| Approx average | 36.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 10% |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 10% |
| Between 13 and 18 months | 10% |
| Longer than 18 months | 60% |
| Grace period usage | 10% |
| Average grace period | 2.0 months |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments | x |
| Lowest quoted nominal interest | 5.75% |
| Highest quoted nominal interest | 7.20% |
| Reason(s) why interest rate varies | Plazo |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | N/A |
| Is rate fixed for entire loan term | Yes |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | |
| Do borrowers control deposit in their group? |
| % loan amount deposited | 100.00% - N/A |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | End Term |
| Minimum interest rate paid | 0.75% |
| Maximum interest rate paid | 2.20% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | Yes |
| Percentage of fees | 0 |
| All or some fees taxed | N/A |
| Lowest quoted nominal interest | 24.00% |
| Highest quoted nominal interest | 24.00% |
| Reason(s) why interest rate varies | Loan Size |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | No |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | Loan Processing Fee | Loan Application Fee | |
| % of loan amount - min | 2.00% | 0 | |
| % of loan amount - max | 2.00% | 0 | |
| OR, Fixed amount - min | 0 | 20,000 | |
| Fixed amount - max | 0 | 50,000 | |
| Reason for variation | N/A | 20,000 for loans up to 50M & 50,000 for loans over 50M. | |
| Appears on Repayment Sched? | No | No |
| Fee 1 | |
|---|---|
| Description | Monitoring Fee |
| % of loan amount - min | 0.50% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | 1% for loans up to 50M & 0.5% for loans over 50M. |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Insurance Fee |
| % of loan amount - min | 1.10% |
| % of loan amount - max | 1.10% |
| 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 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | USD 350 | USD 1,000 | USD 2,000 | USD 2,500 | USD 8,500 | USD 9,000 | |||||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
| Disbursement Date | 2010-05-24 | 2010-05-18 | 2010-05-14 | 2010-06-14 | 2010-04-14 | 2010-05-05 | |||||
| Loan Term (Months) | 10.0 months | 18.0 months | 24.0 months | 24.0 months | 4.0 months | 36.0 months | |||||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||||
| Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
| True Price by Comp | |||||||||||
| Interest and Fee Component | 7.0% | 6.4% | 6.4% | 5.8% | 9.0% | 5.8% | |||||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
| Tax Component | 0.3% | 0.2% | 0.1% | 0.2% | 0.6% | 0.1% | |||||
| Deposit Component | -15.4% | -12.6% | -12.0% | -10.9% | 999,990.3% | -10.6% | |||||
| Full APR (int fee ins tax dep) | -8.1% | -6.0% | -5.5% | -4.9% | 1,000,000.0% | -4.7% | |||||
| Transparency Index | -71 | -96 | -105 | -117 | 0 | -123 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
| Sample 3 | Sample 4 | Sample 5 | |||
|---|---|---|---|---|---|
| Loan Amount | UGX 5,000,000 | UGX 5,000,000 | UGX 9,000,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2012-06-14 | 2012-12-13 | 2012-09-10 | ||
| Loan Term (Months) | 12.0 months | 12.0 months | 16.0 months | ||
| Grace Period (Months) | 1.0 month | 1.0 month | 1.1 months | ||
| Total Cost of Credit | UGX 1,703,367 | UGX 1,630,971 | UGX 3,814,628 | ||
| True Price by Comp | |||||
| Interest price component | 41.3% | 39.4% | 41.1% | ||
| Fee Component | 3.9% | 3.8% | 2.9% | ||
| Insurance Component | 1.6% | 1.6% | 1.3% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 46.8% | 44.8% | 45.3% | ||
| Transparency Index | 51 | 54 | 53 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
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| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
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| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
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| to ∞ | ||||||
