Number borrowers | 1,900 |
Loan Amount (range) | BOB 1,000 - 610,000 |
Loan Term (range) | 1 - 120 |
Other Services (text summary) | Credit Ins, Tech Asst Visits |
Annual Interest & Method | 16.5%-33.0% annual, Decl Bal |
Fees | None |
Insurance | 0.06%-6.60% ongoing |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 17.7% - 30.0% |
Fee Component | 0 |
Insurance Component | 0.6% - 1.3% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 18.3% - 26.4% |
Transparency Index (min/max) | 48 - 705 |
Transparency Index (average) | 81 |
2,474 |
UGX 100,000 - 60,000,000 |
3 - 36 |
Loan guarantee up to 50% by agribusiness initiative |
42.0%-68.8% annual, Decl Bal |
1.00% upfront 3.00% upfront |
None |
None |
N/A |
27.7% - 68.4% |
2.2% - 12.5% |
0 - 1.1% |
0 |
59.7% - 71.5% |
59 - 83 |
66 |
Outstanding portfolio (BOB) | BOB 78,580,575 |
Portfolio (USD) | USD 11,641,566.67 |
Active Clients with Loans | 1,900 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | x |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | x |
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 | |
Other (2) |
# Regions for this institution | 9 |
# Regions for this product | 8 |
Regions Active | Beni , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija |
Outstanding portfolio (UGX) | UGX 5,240,953,615 |
Portfolio (USD) | USD 2,075,625.19 |
Active Clients with Loans | 2,474 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 20% - 40% |
Individual | x |
Solidarity group | x |
Village banking | x |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | x |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | Loan guarantee up to 50% by agribusiness initiative |
Other (2) | |
No other services |
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 | Individual farmers & farmers in cooperatives |
Other (2) |
# Regions for this institution | 5 |
# Regions for this product | 5 |
Regions Active | Central, Eastern, Northern, Western, Southern |
Currency | BOB |
Minimum loan size | BOB 1,000 |
Maximum loan size | 610,000 |
Loans less than BOB 10,000 | 15% |
BOB 10,000-40,000 | 40% |
BOB 40,000-70,000 | 30% |
BOB 70,000-100,000 | 5% |
BOB 100,000-125,000 | 5% |
Greater than BOB 125,000 | 5% |
Shortest loan term | 1.0 month |
Longest loan term | 120.0 months |
Approx average | 45.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 5% |
Between 13 and 18 months | 10% |
Longer than 18 months | 80% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | x |
Every 2 weeks | x |
Every 4 weeks | x |
Monthly | x |
Every 2 months | x |
Quarterly | x |
Every 6 months | x |
Every 12 months | x |
Single end payment | |
Irregular payments | x |
Currency | UGX |
Minimum loan size | UGX 100,000 |
Maximum loan size | 60,000,000 |
Loans less than UGX 1,000,000 | 15% |
UGX 1,000,000-5,000,000 | 15% |
UGX 5,000,000-7,500,000 | 15% |
UGX 7,500,000-10,000,000 | 15% |
UGX 10,000,000-13,000,000 | 15% |
Greater than UGX 13,000,000 | 15% |
Shortest loan term | 3.0 months |
Longest loan term | 36.0 months |
Approx average | 12.0 months |
Loans 3 months or less | 15% |
Between 4 and 6 months | 15% |
Between 7 and 9 months | 15% |
Between 10 and 12 months | 15% |
Between 13 and 18 months | 20% |
Longer than 18 months | 20% |
Grace period usage | 100% |
Average grace period | 6.0 months |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | x |
Quarterly | x |
Every 6 months | x |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 16.45% |
Highest quoted nominal interest | 33.00% |
Reason(s) why interest rate varies | Loan Size, Client Risk, Loan Purpose |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | Yes |
Is rate fixed for entire loan term | Yes |
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 |
Lowest quoted nominal interest | 42.00% |
Highest quoted nominal interest | 68.80% |
Reason(s) why interest rate varies | Collateral |
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 | Application Fee | Monitoring & Commission Fee | |
% of loan amount - min | 1.00% | 3.00% | |
% of loan amount - max | 1.00% | 3.00% | |
OR, Fixed amount - min | 0 | 0 | |
Fixed amount - max | 0 | 0 | |
Reason for variation | N/A | Monitoring Fee 1%, Commission Fee 2% | |
Appears on Repayment Sched? | No | 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 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | BOB 3,000 | BOB 5,200 | BOB 69,400 | BOB 82,320 | BOB 137,200 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2013-11-08 | 2013-10-30 | 2014-02-08 | 2014-02-18 | 2013-11-08 | ||||
Loan Term (Months) | 4.2 months | 13.0 months | 19.0 months | 49.0 months | 37.0 months | ||||
Grace Period (Months) | -1.8 months | 5.5 months | 0.7 months | 9.1 months | 0.3 months | ||||
Total Cost of Credit | BOB 195.60 | BOB 1,156.48 | BOB 12,284.50 | BOB 39,628.88 | BOB 46,163.24 | ||||
True Price by Comp | |||||||||
Interest price component | 17.7% | 25.6% | 18.5% | 17.9% | 18.8% | ||||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Insurance Component | 0.6% | 0.8% | 1.1% | 0.9% | 1.1% | ||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Full APR (int fee ins tax dep) | 18.3% | 26.4% | 19.6% | 18.8% | 19.9% | ||||
Transparency Index | 90 | 62 | 84 | 88 | 83 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
Loan Amount |
Type of Sample |
Disbursement Date |
Loan Term (Months) |
Grace Period (Months) |
Total Cost of Credit |
Full APR (int fee ins tax dep) |
True Price by Component |
Transparency Index |
Original Repayment Schedule |
MFT Pricing Calculation |
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest price component |
Fee Component |
Insurance Component |
Tax Component |
Deposit Component |
||||||||||
UGX 2,250,000 | Generated | 2015-02-01 | 18.0 months | N/A | UGX 1,593,206.36 | 71.5% | 65.8% | 5.7% | 0.0% | 0.0% | 0.0% | 59 | - | |
UGX 2,587,500 | Generated | 2015-02-01 | 24.1 months | N/A | UGX 1,927,877.66 | 59.7% | 55.0% | 4.7% | 0.0% | 0.0% | 0.0% | 70 | - | |
UGX 4,500,000 | Generated | 2015-02-01 | 17.8 months | N/A | UGX 3,277,336.20 | 62.8% | 58.1% | 4.7% | 0.0% | 0.0% | 0.0% | 67 | - | |
UGX 5,175,000 | Generated | 2015-02-01 | 24.1 months | N/A | UGX 4,345,036.60 | 64.3% | 59.7% | 4.6% | 0.0% | 0.0% | 0.0% | 65 | - | |
UGX 7,500,000 | Generated | 2015-02-01 | 16.8 months | N/A | UGX 4,672,183.58 | 59.9% | 54.8% | 5.1% | 0.0% | 0.0% | 0.0% | 70 | - | |
UGX 8,625,000 | Generated | 2015-02-01 | 21.7 months | N/A | UGX 6,567,754.94 | 60.1% | 55.6% | 4.5% | 0.0% | 0.0% | 0.0% | 70 | - | |
UGX 10,500,000 | Generated | 2015-02-01 | 18.0 months | N/A | UGX 6,902,499.89 | 67.0% | 61.4% | 5.6% | 0.0% | 0.0% | 0.0% | 63 | - | |
UGX 12,075,000 | Generated | 2015-02-01 | 24.1 months | N/A | UGX 10,313,009.01 | 65.3% | 60.7% | 4.6% | 0.0% | 0.0% | 0.0% | 64 | - |
Key Statistics | |
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# 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 |
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