| 3,018 |
| MAD 1,000 - 10,000 |
| 4 - 12 |
| 24.0% annual, Flat |
| 1.00% upfront |
| 22.00-34.00 upfront |
| None |
| N/A |
| 40.4% - 43.2% |
| 2.0% - 3.8% |
| 0.3% - 6.2% |
| 0 |
| 43.4% - 49.4% |
| 47 - 56 |
| 53 |
| Outstanding portfolio (BOB) | BOB 768,609 |
| Portfolio (USD) | USD 113,868 |
| Active Clients with Loans | 42 |
| Approximate % Female Clients | 0% - 20% |
| Approximate % Urban Clients | 60% - 80% |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | Activo Fijo |
| Other (2) |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | x |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 6 |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (MAD) | MAD 8,675,966 |
| Portfolio (USD) | USD 1,020,701.88 |
| Active Clients with Loans | 3,018 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 40% - 60% |
| Individual | x |
| Solidarity group | |
| 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 | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services | x |
| 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 | 5 |
| # Regions for this product | 5 |
| Regions Active | Rabat-Sale-Kenitra, Beni Mellal-Khenifra, Settat-Casablanca, Marrakesh-Safi, Drâa-Tafilalt |
| Currency | MAD |
| Minimum loan size | MAD 1,000 |
| Maximum loan size | 10,000 |
| Loans less than MAD 5,000 | 20% |
| MAD 5,000-15,000 | 80% |
| MAD 15,000-25,000 | 0 |
| MAD 25,000-35,000 | 0 |
| MAD 35,000-45,000 | 0 |
| Greater than MAD 45,000 | 0 |
| Shortest loan term | 4.0 months |
| Longest loan term | 12.0 months |
| Approx average | DK |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 5% |
| Between 7 and 9 months | 5% |
| Between 10 and 12 months | 90% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| 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 | 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 | Frais de Dossier |
| % 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? | No |
| Ins 1 | |
|---|---|
| Description | Décès, Invalidité |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 22 |
| Fixed amount - max | 34 |
| Reason for variation | (Moins 5 000 - Assurances Annuel 22MAD/entre 5 000 et 10 000 - Assurances Annuel 28MAD/ Plus 10 000 -Assurances Annuel 34 MAD) |
| Appears on Repayment Sched? | 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 1,000 | MAD 2,500 | MAD 5,000 | MAD 10,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2013-01-21 | 2013-01-21 | 2013-01-21 | 2013-01-02 | |||
| Loan Term (Months) | 8.0 months | 10.0 months | 12.0 months | 12.0 months | |||
| Grace Period (Months) | 0.1 months | 0.1 months | 0.1 months | 0.1 months | |||
| Total Cost of Credit | MAD 192 | MAD 547 | MAD 1,278 | MAD 2,528 | |||
| True Price by Comp | |||||||
| Interest price component | 40.4% | 40.8% | 40.9% | 40.9% | |||
| Fee Component | 2.8% | 2.3% | 2.0% | 2.0% | |||
| Insurance Component | 6.2% | 2.1% | 1.1% | 0.5% | |||
| 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) | 49.4% | 45.2% | 44.0% | 43.4% | |||
| Transparency Index | 49 | 53 | 55 | 55 | |||
| 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 | ||||||
| to | ||||||
| to ∞ | ||||||
