2. Fassil FFP
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. Gatsby
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

Fondo Financiero Privado Fassil S.A. Av. Cristo Redentor esquina Calle Gustavo Parada, entre 2do. y 3er AnilloSanta Cruz de la Sierra, Bolivia3136
Data approved: 2013-08-23
Data version: 2
Age of data: 130 months
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Institution

Gatsby Microfinance Ltd Head OfficeKampala, Central RegionPO Box 8752
Data approved: 2012-07-20
Data version: 2
Age of data: 144 months
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Product

Credifassil Microempresas Product 1 of 8 « Prev | Next »

Product

Myc4 Loan Product 2 of 2 « Prev | Next »

Product Summary

Number borrowers50,339
Loan Amount (range)BOB 7,000 - 140,000
Loan Term (range)3 - 96
Other Services (text summary)Credit Ins, Ahorro
Annual Interest & Method13.0%-28.0% annual, Decl Bal
FeesNone
Insurance0.30%-9.60% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component13.1% - 32.0%
Fee Component0 - 1.1%
Insurance Component0 - 1.4%
Tax Component Range0
Full APR (int fee ins tax dep)14.3% - 29.2%
Transparency Index (min/max)44 - 91
Transparency Index (average)59

Product Summary

610
UGX 1,000,000 - 30,000,000
6 - 24
Tech Asst Visits
25.00%-36.00% annual, Decl Bal
2 fees
1.00%-1.50% upfront
None
10.00% upfront
 
31.7% - 49.2%
4.0% - 19.8%
2.0% - 3.6%
0
50.9% - 65.8%
38 - 49
42

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 1,507,466,473
Portfolio (USD)USD 223,328,366.40
Active Clients with Loans50,339
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Financiamiento para capital de trabajo e inversión a clientes del segmento Microempresas.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
OtherAhorro
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
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 institution5
# Regions for this product5
Regions ActiveChuquisaca , Cochabamba , La Paz , Santa Cruz, Tarija

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 3,118,674,664
Portfolio (USD)USD 1,247,470
Active Clients with Loans610
Approximate % Female Clients20% - 40%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Loans offered in partnership with Myc4 (https://www.myc4.com ). Through this arrangement, loan applications are put on an online platform and interested investors provide funding to the clients.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visitsx
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
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 institution3
# Regions for this product1
Regions ActiveCentral

Loan Conditions

Loan Amount
CurrencyBOB
Minimum loan sizeBOB 7,000
Maximum loan size140,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,00015%
BOB 10,000-40,00050%
BOB 40,000-70,00020%
BOB 70,000-100,00015%
BOB 100,000-125,0000
Greater than BOB 125,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term96.0 months
Approx average27.0 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 months10%
Longer than 18 months90%
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 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 1,000,000
Maximum loan size30,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,0000
UGX 1,000,000-5,000,00015%
UGX 5,000,000-7,500,00015%
UGX 7,500,000-10,000,00015%
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 term24.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months15%
Between 7 and 9 months5%
Between 10 and 12 months60%
Between 13 and 18 months5%
Longer than 18 months15%
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 interest13.00%
Highest quoted nominal interest28.00%
Reason(s) why interest rate variesTime as Client, Loan Size, Client Risk, Collateral, Loan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termNo
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 1
DescriptionSeguro de Desgravamen
% of loan amount - min0.30%
% of loan amount - max9.60%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationComisión de 0.1% mensual que aplica sólo al saldo del principal del préstamo pendiente.
Appears on Repayment Sched?Yes
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 interest25.00%
Highest quoted nominal interest36.00%
Reason(s) why interest rate variesLoan Size, Depends on the investor who is funding the client.
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?Yes
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan CommissionLoan Application Fee & Registration Fee
% of loan amount - min4.00%0
% of loan amount - max6.00%0
OR, Fixed amount - min015,000
Fixed amount - max035,000
Reason for variation6% for loans 500,000 to 5M, 4% for loans above 5M5000 stamp duty, 10000 for existing client, 30000 for new clients
Appears on Repayment Sched?YesYes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionLoan Insurance
% of loan amount - min1.00%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation1% for loans < 12 months, 1.5% for loans > 12 months
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forSome
CriteriaRequired for clients without registerd securities e.g. car log books & land titles
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
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

Credifassil Microempresas samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountBOB 7,000BOB 25,000BOB 40,000BOB 70,000BOB 100,000BOB 100,001
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2014-03-072014-03-072014-03-072014-03-072014-03-072014-03-07
Loan Term (Months)3.1 months18.0 months36.0 months66.0 months97.0 months19.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditBOB 169.85BOB 6,202.29BOB 14,064.01BOB 70,505.50BOB 108,782.75BOB 19,615.09
True Price by Comp           
Interest price component13.1%28.1%20.1%28.1%20.1%21.1%
Fee Component0.0%1.1%0.0%0.0%0.0%0.0%
Insurance Component1.2%0.0%1.2%1.1%1.2%1.2%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)14.3%29.2%21.3%29.2%21.3%22.3%
Transparency Index914461446158
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF

Full Pricing Data

Myc4 Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountUGX 1,418,397.12UGX 3,141,242.50UGX 6,023,052UGX 9,576,215UGX 10,799,556
Loan Cycle (1, 2, 3, etc)12322
Disbursement Date2012-05-282012-05-312012-03-072012-05-312012-02-21
Loan Term (Months)10.0 months12.0 months12.0 months12.0 months18.0 months
Grace Period (Months)0.2 months0.1 months0.2 months0.1 months0.1 months
Total Cost of CreditUGX 364,502.13UGX 880,553.76UGX 1,593,608.94UGX 2,850,957.85UGX 3,812,096.20
True Price by Comp         
Interest price component32.5%34.6%32.4%37.8%31.7%
Fee Component19.8%12.9%12.4%12.3%8.6%
Insurance Component2.5%2.1%2.1%2.1%2.2%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component11.0%9.8%9.3%10.2%8.4%
Full APR (int fee ins tax dep)65.8%59.4%56.2%62.4%50.9%
Transparency Index3842444049
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Credifassil Microempresas 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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