| 318 |
| MAD 8,000 - 40,000 |
| 6 - 42 |
| Credit Educ |
| 28.5% annual, Decl Bal |
| 3.00% upfront 10.00 upfront |
| None |
| None |
| N/A |
| 26.5% - 34.5% |
| 1.0% - 10.3% |
| 0 |
| 0 |
| 30.3% - 30.6% |
| 76 - 98 |
| 93 |
| Outstanding portfolio (BOB) | BOB 7,712 |
| Portfolio (USD) | USD 1,142.52 |
| Active Clients with Loans | 8 |
| Approximate % Female Clients | 100% |
| Approximate % Urban Clients | 0 |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| 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 | 9 |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (MAD) | MAD 6,569,118 |
| Portfolio (USD) | USD 772,837.41 |
| Active Clients with Loans | 318 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 60% - 80% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | |
| Mortgage/housing | x |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| 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 | Fonctionnaires |
| Other (2) |
| # Regions for this institution | 9 |
| # Regions for this product | 9 |
| Regions Active | Tangier-Tétouan, East and the Rif, Fes-Meknes, Rabat-Sale-Kenitra, Beni Mellal-Khenifra, Settat-Casablanca, Marrakesh-Safi, Drâa-Tafilalt, Souss-Massa |
| Currency | MAD |
| Minimum loan size | MAD 8,000 |
| Maximum loan size | 40,000 |
| Loans less than MAD 5,000 | 0 |
| MAD 5,000-15,000 | 5% |
| MAD 15,000-25,000 | 5% |
| MAD 25,000-35,000 | 40% |
| MAD 35,000-45,000 | 50% |
| Greater than MAD 45,000 | 50% |
| Shortest loan term | 6.0 months |
| Longest loan term | 42.0 months |
| Approx average | 35.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 0 |
| Between 13 and 18 months | 10% |
| Longer than 18 months | 90% |
| Grace period usage | 0 |
| Average grace period | 0 |
| 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 |
| Lowest quoted nominal interest | 28.50% |
| Highest quoted nominal interest | 28.50% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | Frais de dossier | Frais de Carnet | |
| % of loan amount - min | 3.00% | 0 | |
| % of loan amount - max | 3.00% | 0 | |
| OR, Fixed amount - min | 0 | 10 | |
| Fixed amount - max | 0 | 10 | |
| Reason for variation | N/D | N/A | |
| Appears on Repayment Sched? | Yes | 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 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | MAD 30,000 | MAD 30,000 | MAD 40,000 | MAD 40,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2014-02-05 | 2014-02-05 | 2014-03-07 | 2014-02-06 | |||
| Loan Term (Months) | 37.0 months | 43.0 months | 37.0 months | 43.0 months | |||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | -0.1 months | |||
| Total Cost of Credit | MAD 15,910 | MAD 18,664 | MAD 21,186 | MAD 24,882 | |||
| True Price by Comp | |||||||
| Interest price component | 28.2% | 28.2% | 28.1% | 28.3% | |||
| Fee Component | 2.4% | 2.1% | 2.3% | 2.0% | |||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| 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) | 30.6% | 30.3% | 30.4% | 30.3% | |||
| Transparency Index | 93 | 94 | 94 | 94 | |||
| 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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| Min | ||||||
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| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
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| to ∞ | ||||||
