Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.agrocapital.org.bo/ |
Year established | 1992 |
Head of Institution | Jorge Gonzalo Noda Miranda |
Regions active | |
# Branches | 16 |
Total Portfolio (nat'l) | BOB 180,022,209 |
Total Portfolio (USD) | USD 26,669,956.89 |
Active clients with loans | 22,140 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 60% - 80% |
Network affiliations | ASOFIN, ETIMOS |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Banca Comunal | BOB 300 - 12,000 | 4 - 8 | 60% - 80% | 80% - 100% | Any Purpose | Women, Men, Buenos antecedentes crediticios. Solvencia Moral., Los interesados deben ser mayores de edad no mayores a 65 años. | N/A | |||||||
BOB 400 - 300,000 | 6 - 60 | 20% - 40% | 0% - 20% | Business, Housing, Para capital de Inversiones , Para capital de Operaciones | Women, Men, Have business | Credit Ins | ||||||||
CRÉDITO DE CONSUMO (Asalariado) - USD | USD 1,000 - 2,000 | 12 - 24 | 20% - 40% | 0% - 20% | Any Purpose | Women, Men, Salaried worker, AntigàŒedad mínima de 1 año en trabajo. Buenos antecedentes personales y crediticios. | Credit Ins | |||||||
Microcrédito Vivienda (USD) | USD 600 - 12,000 | 12 - 60 | 20% - 40% | 0% - 20% | Housing | Women, Men, Have business, Buenos antecedentes personales y crediticios. Actividad económica y financieramente viable. | Credit Ins | |||||||
Plan Microcrédito I (Microcrédito Secuencial) | BOB 1,000 - 44,000 | 4 - 60 | 40% - 60% | 0% - 20% | Business, Housing | Women, Men, Have business, Good credit history , Owning profitable or sustainable business | Credit Ins | |||||||
Plan Microcrédito I (Microcrédito Secuencial) (USD) | USD 195 - 12,000 | 6 - 60 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business, Buenos antecedentes personales y crediticios. Actividad económica y financieramente viable. | Credit Ins | |||||||
Plan Microcrédito II (No Secuencial) | BOB 5,000 - 71,000 | 12 - 60 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business, Buenos antecedentes personales y crediticios. Actividad económica y financieramente viable. | Credit Ins | |||||||
Plan Microcrédito II (No Secuencial) (USD) | USD 300 - 12,000 | 3 - 60 | 20% - 40% | 0% - 20% | Business | Women, Men, Have business, Buenos antecedentes personales y crediticios. Actividad económica y financieramente viable. | Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Banca Comunal | 30.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 10.0% upfront 20.00% ongoing | 30.7% - 30.8% | 47.8% - 48.6% | 62 | ||||||||
11.0%-21.5% annual, Decl Bal | 2 Fees | 0 Ins | 15.00% Principal | N/A | 18.4% - 23.3% | 18.5% - 23.4% | 53 | |||||||||
CRÉDITO DE CONSUMO (Asalariado) - USD | 22.5%-26.0% annual, Decl Bal | 2 Fees | 0 Ins | 15.00% Principal | N/A | 25.8% | 26% | 87 | ||||||||
Microcrédito Vivienda (USD) | 22.0%-30.0% annual, Decl Bal | 2 Fees | 0 Ins | 15.00% Principal | N/A | 24.9% - 32.2% | 25% - 32.3% | 75 | ||||||||
Plan Microcrédito I (Microcrédito Secuencial) | 25.0%-32.0% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 32% - 34.4% | 32% - 34.4% | 75 | ||||||||
Plan Microcrédito I (Microcrédito Secuencial) (USD) | 22.0%-35.8% annual, Decl Bal | 2 Fees | 0 Ins | 15.00% Principal | N/A | 26.9% - 31.3% | 27.1% - 31.6% | 72 | ||||||||
Plan Microcrédito II (No Secuencial) | 24.5%-32.0% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 30% - 33.3% | 30% - 33.3% | 76 | ||||||||
Plan Microcrédito II (No Secuencial) (USD) | 21.0%-30.0% annual, Decl Bal | 2 Fees | 0 Ins | 15.00% Principal | N/A | 24.9% - 31.3% | 25% - 31.5% | 75 |
Outstanding portfolio (UGX) | UGX 663,768,900 |
Portfolio (USD) | USD 265,508 |
Active Clients with Loans | 858 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
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 | x |
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 | x |
Must be a salaried worker | x |
Must be specific age group | |
Other | Must be between 18-65 years in age |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | 1 |
Regions Active | Central |
Currency | UGX |
Minimum loan size | UGX 100,000 |
Maximum loan size | 3,000,000 |
Loans less than UGX 1,000,000 | 50% |
UGX 1,000,000-5,000,000 | 50% |
UGX 5,000,000-7,500,000 | 0 |
UGX 7,500,000-10,000,000 | 0 |
UGX 10,000,000-13,000,000 | 0 |
Greater than UGX 13,000,000 | 0 |
Shortest loan term | 4.0 months |
Longest loan term | 24.0 months |
Approx average | 18.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 5% |
Between 10 and 12 months | 15% |
Between 13 and 18 months | 30% |
Longer than 18 months | 45% |
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 | 5.00% |
Reason(s) why interest rate varies | 5% for 1 month grace period. Reduced to 2% for the remainder if verified for housing |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | No |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Administration Fee | Application Fee | |
% of loan amount - min | 2.00% | 0 | |
% of loan amount - max | 2.00% | 0 | |
OR, Fixed amount - min | 0 | 10,000 | |
Fixed amount - max | 0 | 10,000 | |
Reason for variation | N/A | N/A | |
Appears on Repayment Sched? | No | No |
Ins 1 | |
---|---|
Description | Credit Life and Asset Insurance |
% 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 |
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 | UGX 300,000 | UGX 1,500,000 | UGX 3,000,000 | UGX 3,000,000 | |||
Loan Cycle (1, 2, 3, etc) | 1 | 3 | Not Known | Not Known | |||
Disbursement Date | 2012-06-02 | 2012-06-01 | 2012-06-01 | 2012-06-01 | |||
Loan Term (Months) | 8.0 months | 12.0 months | 12.0 months | 12.0 months | |||
Grace Period (Months) | 1.0 month | 1.0 month | 1.0 month | 1.0 month | |||
Total Cost of Credit | UGX 67,000 | UGX 415,000 | UGX 820,000 | UGX 820,000 | |||
True Price by Comp | |||||||
Interest price component | 40.2% | 41.0% | 41.0% | 41.0% | |||
Fee Component | 15.3% | 5.3% | 4.6% | 4.6% | |||
Insurance Component | 3.0% | 2.0% | 2.1% | 2.1% | |||
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) | 58.5% | 48.3% | 47.7% | 47.7% | |||
Transparency Index | 41 | 50 | 50 | 50 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Key Statistics | |
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# 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 |
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