2. BancoSol
Please note that the information you are viewing is 126 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Hofokam
Please note that the information you are viewing is 140 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 Nº 289La Paz13176
Data approved: 2010-11-08
Data version: 1
Age of data: -   months 
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Institution

Hofokam Ltd Head OfficeFort Portal, Western UgandaPO Box 228
Data approved: 2012-07-24
Data version: 2
Age of data: 140 months
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Product

Sol Vivienda (Tasa Fija, USD) Product 16 of 17 « Prev | Next »

Product

Agriculture Loan Product 1 of 6 « Prev | Next »

Product Summary

Number borrowers6,274
Loan Amount (range)USD 200 - 150,000
Loan Term (range)3 - 180
Other Services (text summary)Credit Ins, La tasa cobrada al cliente le permite gozar de un seguro de desgravamen., BANCOSOL paga la prima correspondiente, sin que la misma sea reembolsada por el cliente.
Annual Interest & Method20.0%-25.5% annual, Decl Bal
FeesNone
InsuranceNone
Tax15.00% Principal
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component0 (Int+Fee)
Insurance Component0
Tax Component Range0 - 3.0%
Full APR (int fee ins tax dep)0
Transparency Index (min/max)-159 - N/A
Transparency Index (average)N/A

Product Summary

2,506
UGX 50,000 - 15,000,000
6 - 12
Credit Educ, Group Mtgs, Tech Asst Visits, Business Training
33.60% annual, Flat
2.50% upfront
30,000 upfront
None
20.00% upfront
 
27.7% - 58.0%
1.5% - 9.9%
0.2% - 25.6%
0
41.2% - 93.3%
36 - 86
54

Product Details

Key Statistics
Outstanding portfolio (USD)USD 17,784,803.35
Portfolio (USD)USD 17,784,803.35
Active Clients with Loans6,274
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Crédito destinado a personas naturales que tienen necesidad de solución habitacional. Compra de vivienda/terreno, Construcción, Remodelación de vivienda, Instalación de servicios básicos, Legalización de documentación de propiedad.
Loan Purpose
Any purpose
Income generation
Mortgage/housingx
Consumer loan
Agriculture
Education
Other household finance
OtherCompra de vivienda, terreno, construcción
Other (2)Refacción, remodelación, apliación, etc.
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
OtherLa tasa cobrada al cliente le permite gozar de un seguro de desgravamen.
Other (2)BANCOSOL paga la prima correspondiente, sin que la misma sea reembolsada por el cliente.
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried workerx
Must be specific age group
OtherPuede 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 institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 629,379,090
Portfolio (USD)USD 249,259.05
Active Clients with Loans2,506
Approximate % Female Clients60% - 80%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village bankingx
Self help group
Other
Description
Loan for economically active individuals and groups engaged in crop farming and livestock businesses with diversified enterprises and cashflows that can pay off the loan
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visitsx
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
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 institution1
# Regions for this product1
Regions ActiveWestern

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 200
Maximum loan size150,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term180.0 months
Approx average42.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular paymentsx

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 50,000
Maximum loan size15,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,00015%
UGX 1,000,000-5,000,00015%
UGX 5,000,000-7,500,00020%
UGX 7,500,000-10,000,00020%
UGX 10,000,000-13,000,00015%
Greater than UGX 13,000,00015%
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average8.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months50%
Between 10 and 12 months40%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeksx
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest20.00%
Highest quoted nominal interest25.50%
Reason(s) why interest rate variesLoan Size, Collateral, Plazo
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
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
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
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?Yes
Percentage of fees0
All or some fees taxedN/A

Pricing Information

Interest
Lowest quoted nominal interest2.80%
Highest quoted nominal interest2.80%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionApplication Fee
% of loan amount - min2.50%
% of loan amount - max2.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionLife Insurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min30,000
Fixed amount - max30,000
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forSome
CriteriaClients must be organised under a village bank
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited10.00%
or, Fixed-amount deposited0
Conditions on access to depositFinal Pmt
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

Sol Vivienda (Tasa Fija, USD) samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUSD 700USD 1,000USD 2,000USD 4,000USD 8,000USD 10,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2010-06-022010-05-142010-05-152010-05-132010-05-142010-05-14
Loan Term (Months)18.0 months12.0 months23.0 months24.0 months36.0 months40.0 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 Component25.8%25.9%25.9%24.3%20.3%20.3%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.2%0.3%0.2%0.2%0.1%0.1%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)26.0%26.2%26.0%24.5%20.4%20.4%
Transparency Index777677829898
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF

Full Pricing Data

Agriculture Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUGX 700,000UGX 1,000,000UGX 2,500,000UGX 8,800,000UGX 9,200,000UGX 9,900,000
Loan Cycle (1, 2, 3, etc)112514
Disbursement Date2012-05-072012-07-232012-06-042012-07-162012-09-052012-07-02
Loan Term (Months)9.0 months6.0 months10.0 months6.0 months6.0 months6.0 months
Grace Period (Months)3.1 months3.1 months1.0 month6.1 months6.0 months6.1 months
Total Cost of CreditUGX 205,000UGX 205,000UGX 717,500UGX 1,570,000UGX 1,640,000UGX 1,762,500
True Price by Comp           
Interest price component41.0%37.3%50.1%27.7%28.2%27.7%
Fee Component5.2%6.8%5.9%5.1%5.1%5.1%
Insurance Component9.3%8.4%2.9%0.7%0.7%0.6%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component25.0%20.5%34.4%7.8%7.9%7.8%
Full APR (int fee ins tax dep)80.5%73.0%93.3%41.3%41.9%41.2%
Transparency Index424636818082
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Sol Vivienda (Tasa Fija, USD) Price Graphs


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Agriculture 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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X Axis
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