BancoSol S.A. - Sol Vehículo (Tasa Fija) - MFTransparency.org Truth In Lending Tables

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

Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

BancoSol S.A. Calle Nicolás Acosta NÂº 289La Paz13176

Data approved: 2010-11-08

Data version: 1

Age of data: - months

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Institution

KACITA Cooperative Finance Ltd Jjemba PlazaLuwum StreetKampala, Central30794

Data approved: 2012-10-27

Data version: 2

Age of data: 144 months

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Product

Sol Vehículo (Tasa Fija) Product 12 of 17 « Prev | Next »

Product

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Product Summary

200
UGX 200,000 - 5,000,000
1 - 6
Credit Educ, Tech Asst Visits
36.00% annual, Flat
2 fees
1.00% upfront
None
N/A

72.0% - 76.4%
17.6% - 21.9%
2.9% - 5.1%
0
95.0% - 99.2%
36 - 38
37

Product Details

This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months. MFTransparency presents basic data rather than full data for low volume products

Key Statistics

Outstanding portfolio (BOB)	BOB 883,434
Portfolio (USD)	USD 128,968.47
Active Clients with Loans	35
Approximate % Female Clients	20% - 40%
Approximate % Urban Clients	80% - 100%

Description

Producto diseñado para financiar la compra de vehículos nuevos o usados de uso pàºblico o privado.

Loan Purpose

Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other	Activo Fijo
Other (2)

Eligibility

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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Product Details

Key Statistics

Outstanding portfolio (UGX)	UGX 200,000,000
Portfolio (USD)	USD 80,000
Active Clients with Loans	200
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	60% - 80%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

The loan is given to any members in Kacita who want to boost or expand their business or clear their goods. The target is low income earners.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan	x
Agriculture
Education	x
Other household finance	x
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance
Workplace visits	x
Business training
Other training
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business	x
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 institution	1
# Regions for this product	1
Regions Active	Central

Loan Conditions

Loan Amount

Currency	UGX
Minimum loan size	UGX 200,000
Maximum loan size	5,000,000

Distribution at Disbursement (Est.)

Loans less than UGX 1,000,000	50%
UGX 1,000,000-5,000,000	50%
UGX 5,000,000-7,500,000	0
UGX 7,500,000-10,000,000	0
UGX 10,000,000-13,000,000	0
Greater than UGX 13,000,000	0

Loan Term and Grace Period

Shortest loan term	1.0 month
Longest loan term	6.0 months
Approx average	4.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	70%
Between 7 and 9 months	20%
Between 10 and 12 months	5%
Between 13 and 18 months	5%
Longer than 18 months	0

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	3.00%
Highest quoted nominal interest	3.00%
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Loan Application Fee
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	10,000
Fixed amount - max	10,000
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Fees

	Fee 1
Description	Loan Monitoring Fee
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Upfront Insurance Fees

	Ins 1
Description	Insurance Fee
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Business Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	UGX 1,000,000	UGX 4,000,000	UGX 4,000,000	UGX 5,000,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2012-06-15	2012-08-13	2012-08-02	2012-07-04
Loan Term (Months)	4.1 months	4.1 months	4.1 months	8.0 months
Grace Period (Months)	1.0 month	1.0 month	1.0 month	1.0 month
Total Cost of Credit	UGX 220,000	UGX 850,000	UGX 850,000	UGX 2,060,000
True Price by Comp
Interest price component	72.2%	72.0%	72.0%	76.4%
Fee Component	21.9%	18.0%	18.0%	17.6%
Insurance Component	5.1%	5.0%	5.0%	2.9%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	99.2%	95.0%	95.0%	96.9%
Transparency Index	36	38	38	37

Original Repayment Schedule	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF

Business Loan Price Graphs

Click to view Price Analysis Tool

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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞

Institution

Institution

Product

Product

Product Summary

Product Details

Key Statistics

Description

Loan Purpose

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Business Loan samples

Business Loan Price Graphs

Total Borrowers of Samples

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