2. Ecofuturo
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
  2. Hofokam
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

Ecofuturo S.A. Calle Mexico 1530 entre Otero de la Vega y Nicolas AcostaLa Paz
Data approved: 2013-12-31
Data version: 2
Age of data: 130 months
Choose version
  • No previous version for this product.

Institution

Hofokam Ltd Head OfficeFort Portal, Western UgandaPO Box 228
Data approved: 2012-07-24
Data version: 2
Age of data: 144 months
Choose version

Product

Eco - Vivienda (BOB) Product 10 of 12 « Prev | Next »

Product

Individual Loan Product 2 of 6 « Prev | Next »

Product Summary

Number borrowers880
Loan Amount (range)BOB 35,000 - 3,500,000
Loan Term (range)3 - 120
Other Services (text summary)Credit Ins
Annual Interest & Method6.0%-23.0% annual, Decl Bal
FeesNone
Insurance0.25%-9.96% ongoing Y
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component9.9% - 28.9%
Fee Component0
Insurance Component0.9% - 1.9%
Tax Component Range0
Full APR (int fee ins tax dep)11.0% - 24.8%
Transparency Index (min/max)24 - 67
Transparency Index (average)37

Product Summary

2,951
UGX 500,000 - 10,000,000
6 - 24
Credit Educ, Group Mtgs, Tech Asst Visits, Business Training
30.00% annual, Flat
2.00% upfront
40,000 upfront
None
N/A
 
27.7% - 58.0%
1.5% - 9.9%
0.2% - 25.6%
0
61.2% - 79.9%
36 - 86
44

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 113,951,172
Portfolio (USD)USD 16,881,655.11
Active Clients with Loans880
Approximate % Female Clients20% - 40%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Créditos a personas asalariadas o microempresarios que destinen el credito a la vivienda
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherCompra de Vivienda
Other (2)Construcción
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
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 workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution9
# Regions for this product9
Regions ActiveBeni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 4,488,475,067
Portfolio (USD)USD 1,777,613.89
Active Clients with Loans2,951
Approximate % Female Clients20% - 40%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Loans booked and managed for individual clients operating profitable businesses within urban, peri-urban and rural areas
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculture
Educationx
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
CurrencyBOB
Minimum loan sizeBOB 35,000
Maximum loan size3,500,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,0000
BOB 10,000-40,00010%
BOB 40,000-70,00015%
BOB 70,000-100,00015%
BOB 100,000-125,00010%
Greater than BOB 125,00010%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term120.0 months
Approx average97.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months100%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 monthsx
Quarterlyx
Every 6 monthsx
Every 12 months
Single end payment
Irregular paymentsx

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 500,000
Maximum loan size10,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,00020%
UGX 1,000,000-5,000,00030%
UGX 5,000,000-7,500,00030%
UGX 7,500,000-10,000,00020%
UGX 10,000,000-13,000,0000
Greater than UGX 13,000,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term24.0 months
Approx average15.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months15%
Between 7 and 9 months40%
Between 10 and 12 months40%
Between 13 and 18 months5%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest6.00%
Highest quoted nominal interest23.00%
Reason(s) why interest rate variesLoan Size
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?Yes
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
Ins 1Ins 2
DescriptionSeguro de DesgravamenSeguro de todo Riesgo
% of loan amount - min0.25%0
% of loan amount - max9.96%0.80%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationFee is 0.083%, charged each month on the outstanding loan principal only.Fee is 0.0067% per month, charged on the oustanding loan principal balance only. Charged only if value of collateral is insufficient.
Appears on Repayment Sched?YesYes
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?No

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest2.50%
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 - min2.00%
% of loan amount - max2.00%
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 - min40,000
Fixed amount - max40,000
Reason for variationN/A
Appears on Repayment Sched?No
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?No

Full Pricing Data

Eco - Vivienda (BOB) samples
Sample 1Sample 2Sample 3
Loan AmountBOB 57,000BOB 80,000BOB 100,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-12-122014-04-012014-04-01
Loan Term (Months)97.0 months61.0 months73.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditBOB 51,807.68BOB 22,522.01BOB 76,274.05
True Price by Comp     
Interest price component17.2%9.9%23.7%
Fee Component0.0%0.0%0.0%
Insurance Component1.1%1.1%1.1%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)18.3%11.0%24.8%
Transparency Index335424
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Individual Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountUGX 800,000UGX 1,500,000UGX 2,500,000UGX 6,000,000UGX 8,000,000
Loan Cycle (1, 2, 3, etc)53377
Disbursement Date2012-08-152012-07-192012-09-202012-09-052012-09-20
Loan Term (Months)6.0 months10.0 months10.0 months12.0 months12.0 months
Grace Period (Months)1.0 month1.0 month1.0 month1.0 month1.0 month
Total Cost of CreditUGX 190,400UGX 490,000UGX 790,000UGX 2,176,000UGX 2,888,000
True Price by Comp         
Interest price component53.9%55.5%56.0%56.0%56.0%
Fee Component7.2%4.8%4.8%4.1%4.1%
Insurance Component18.8%6.5%3.9%1.4%1.1%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)79.9%66.8%64.7%61.5%61.2%
Transparency Index3845464949
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Eco - Vivienda (BOB) Price Graphs


Click to view Price Analysis Tool
Individual Loan Price Graphs


Click to view Price Analysis Tool
Caps / Zoom options
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
Loading...
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

Total Borrowers of Samples

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