Number borrowers | 39,818 |
Loan Amount (range) | BOB 200 - 560,000 |
Loan Term (range) | 3 - 96 |
Other Services (text summary) | Other Training |
Annual Interest & Method | 13.0%-24.0% annual, Decl Bal |
Fees | None |
Insurance | 0.05%-4.80% ongoing |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 17.1% - 59.6% |
Fee Component | 0 |
Insurance Component | 0.6% - 2.2% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 17.7% - 24.7% |
Transparency Index (min/max) | 34 - 73 |
Transparency Index (average) | 62 |
1,750 |
RWF 100,000 - 2,500,000 |
6 - 8 |
Group Mtgs, Tech Asst Visits, Business Training, Other Training |
24.00% annual, Flat |
1.00% upfront |
None |
18.00% fees |
20.00% upfront |
26.1% - 45.7% |
1.1% - 4.1% |
0 - 0.4% |
0.3% - 0.8% |
78.9% - 85.4% |
28 - 54 |
29 |
Outstanding portfolio (BOB) | BOB 511,525,255.70 |
Portfolio (USD) | USD 75,781,519.36 |
Active Clients with Loans | 39,818 |
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 | |
Workplace visits | |
Business training | |
Other training | x |
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 | |
Other (2) |
# Regions for this institution | 8 |
# Regions for this product | 8 |
Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Potosí, Santa Cruz, Tarija |
Outstanding portfolio (RWF) | RWF 155,678,906 |
Portfolio (USD) | USD 243,248.29 |
Active Clients with Loans | 1,750 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | x |
Credit insurance | |
Workplace visits | x |
Business training | x |
Other training | x |
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 | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 18 |
# Regions for this product | 21 |
Regions Active | Burera, Gakenke, Gasabo, Gatsibo, Gisagara, Huye, KamonyiKayonza, Kicukiro, Kirehe, Muhanga, Musanze, Ngororero, Nyabihu, Nyagatare, Nyanza, Nyarugenge, Rubavu, Ruhango, Rulindo, Rusizi |
Currency | BOB |
Minimum loan size | BOB 200 |
Maximum loan size | 560,000 |
Loans less than BOB 10,000 | 15% |
BOB 10,000-40,000 | 50% |
BOB 40,000-70,000 | 20% |
BOB 70,000-100,000 | 10% |
BOB 100,000-125,000 | 5% |
Greater than BOB 125,000 | 5% |
Shortest loan term | 3.0 months |
Longest loan term | 96.0 months |
Approx average | 26.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 5% |
Between 13 and 18 months | 5% |
Longer than 18 months | 90% |
Grace period usage | 0 |
Average grace period | DK |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | x |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | RWF |
Minimum loan size | RWF 100,000 |
Maximum loan size | 2,500,000 |
Loans less than RWF 500,000 | 60% |
RWF 500,000-1,500,000 | 30% |
RWF 1,500,000-2,500,000 | 10% |
RWF 2,500,000-3,500,000 | 0 |
RWF 3,500,000-4,500,000 | 0 |
Greater than RWF 4,500,000 | 0 |
Shortest loan term | 6.0 months |
Longest loan term | 8.0 months |
Approx average | 8.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 20% |
Between 7 and 9 months | 80% |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 13.00% |
Highest quoted nominal interest | 24.00% |
Reason(s) why interest rate varies | Time as Client, Collateral, Loan Purpose, Ciclo de préstamo |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Ins 1 | |
---|---|
Description | Seguro de desgravamen y sepelio |
% of loan amount - min | 0.05% |
% of loan amount - max | 4.80% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | El costo es de 0.05% mensual, con cargo únicamente en la saldo principal del préstamo pendiente. |
Appears on Repayment Sched? | Yes |
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 | 2.00% |
Highest quoted nominal interest | 2.00% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Commission 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? | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | No |
Do borrowers control deposit in their group? | No |
% loan amount deposited | 20.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 10.00% |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | Yes |
Percentage of fees | 18% |
All or some fees taxed | Some |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | BOB 5,000 | BOB 14,000 | BOB 31,000 | BOB 50,000 | BOB 84,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2013-08-28 | 2013-09-30 | 2013-11-19 | 2013-11-29 | 2013-07-29 | ||||
Loan Term (Months) | 15.0 months | 31.0 months | 36.0 months | 61.0 months | 73.0 months | ||||
Grace Period (Months) | 0.4 months | 0.2 months | -0.2 months | 0.5 months | -0.3 months | ||||
Total Cost of Credit | BOB 643.90 | BOB 4,924.71 | BOB 10,809.34 | BOB 38,617.86 | BOB 52,992.80 | ||||
True Price by Comp | |||||||||
Interest price component | 18.1% | 23.7% | 20.1% | 24.1% | 17.1% | ||||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Insurance Component | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% | ||||
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) | 18.7% | 24.3% | 20.7% | 24.7% | 17.7% | ||||
Transparency Index | 69 | 53 | 63 | 53 | 73 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | RWF 100,000 | RWF 200,000 | RWF 300,000 | ||
Loan Cycle (1, 2, 3, etc) | 1 | 2 | Not Known | ||
Disbursement Date | 2012-04-23 | 2012-03-08 | 2012-03-27 | ||
Loan Term (Months) | 5.6 months | 6.0 months | 7.0 months | ||
Grace Period (Months) | 0.5 months | 0.5 months | 0.5 months | ||
Total Cost of Credit | RWF 13,180 | RWF 26,360 | RWF 45,540 | ||
True Price by Comp | |||||
Interest price component | 45.7% | 42.3% | 42.7% | ||
Fee Component | 4.1% | 3.8% | 3.3% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.8% | 0.7% | 0.6% | ||
Deposit Component | 34.8% | 32.7% | 32.3% | ||
Full APR (int fee ins tax dep) | 85.4% | 79.5% | 78.9% | ||
Transparency Index | 28 | 30 | 30 | ||
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 | ||||||
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Less or equal to: | ||||||
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Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
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From 0 to | ||||||
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