- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AgroCapital	21,900	16,894,000	11	171
ANED	5,400	6,579,000	3	130
Banco FIE	231,100	569,322,000	6	130
BancoSol	215,300	861,418,000	30	130
CIDRE	8,500	126,578,000	8	130
Coop Fatima	6,300	44,280,000	7	171
CRECER	166,900	134,626,000	13	130
Diaconia	67,000	85,734,000	2	130
Ecofuturo	59,200	226,839,000	5	130
EMPRENDER	8,700	2,380,000	3	171
Fassil FFP	57,600	325,081,000	5	130
FONCRESOL	3,900	9,573,000	3	130
FONDECO	14,200	24,274,000	3	130
Fortaleza	20,100	164,530,000	13	130
FUBODE	29,400	24,444,000	7	130
FUNBODEM	8,600	15,798,000	9	130
IDEPRO	10,400	40,479,000	2	130
IMPRO	2,400	2,885,000	4	130
ProCredit	84,300	257,487,000	8	171
PRODEM	44,900	62,529,000	4	130
ProMujer BOL	115,200	50,753,000	3	130
Sartawi	14,600	26,842,000	8	130

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

Opportunity Uganda Ltd Plot 7A, John Bahiha AvenueKampala, CentralPO Box 33513

Data approved: 2012-10-04

Data version: 2

Age of data: 144 months

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Product

Asset Financing Loan Product 9 of 16 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (UGX)	UGX 2,862,426,020
Portfolio (USD)	USD 1,100,933.09
Active Clients with Loans	342
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	40% - 60%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Asset financing loan is an individual loan targated at both men and women borrowers. The loan can be used to finance any purpose depending on the borrower's choice.

Loan Purpose

Any purpose	x
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance	x
Workplace visits	x
Business training	x
Other training
Other
Other (2)
No other services

Eligibility

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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	3
# Regions for this product	3
Regions Active	Central, Eastern, Western

Loan Conditions

Loan Amount

Currency	UGX
Minimum loan size	UGX 500,000
Maximum loan size	625,000,000

Distribution at Disbursement (Est.)

Loans less than UGX 1,000,000	10%
UGX 1,000,000-5,000,000	10%
UGX 5,000,000-7,500,000	10%
UGX 7,500,000-10,000,000	10%
UGX 10,000,000-13,000,000	10%
Greater than UGX 13,000,000	10%

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	60.0 months
Approx average	18.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	10%
Between 7 and 9 months	10%
Between 10 and 12 months	10%
Between 13 and 18 months	30%
Longer than 18 months	40%

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly	x
Every 2 months
Quarterly	x
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	24.00%
Highest quoted nominal interest	24.00%
Reason(s) why interest rate varies	Loan Size
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	No

Upfront Fees

	Fee 1	Fee 2
Description	Loan Processing Fee	Loan Application Fee
% of loan amount - min	2.00%	0
% of loan amount - max	2.00%	0
OR, Fixed amount - min	0	20,000
Fixed amount - max	0	50,000
Reason for variation	N/A	20,000 for loans up to 50M & 50,000 for loans over 50M
Appears on Repayment Sched?	No	No

Ongoing Fees

	Fee 1
Description	Monitoring Fee
% of loan amount - min	0.50%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	1% for loans up to 50M & 0.5% for loans over 50M
Appears on Repayment Sched?	No

Upfront Insurance Fees

	Ins 1
Description	Insurance Fee
% of loan amount - min	1.10%
% of loan amount - max	1.10%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Asset Financing Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5	Sample 6
Loan Amount	UGX 800,000	UGX 1,500,000	UGX 3,100,000	UGX 5,000,000	UGX 8,500,000	UGX 15,000,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2013-03-04	2012-12-29	2012-10-30	2012-09-12	2012-09-14	2012-12-20
Loan Term (Months)	7.0 months	12.0 months	14.0 months	12.0 months	18.0 months	24.0 months
Grace Period (Months)	0.6 months	0.0 months	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	UGX 156,810	UGX 450,212	UGX 1,033,666	UGX 1,515,093	UGX 3,663,323	UGX 7,888,208
True Price by Comp
Interest price component	35.3%	41.6%	41.6%	43.3%	43.3%	41.3%
Fee Component	17.9%	9.1%	6.7%	7.2%	4.7%	2.4%
Insurance Component	3.2%	2.1%	1.8%	2.1%	1.4%	1.2%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	56.4%	52.8%	50.1%	52.6%	49.4%	44.9%
Transparency Index	43	45	48	46	49	53

Original Repayment Schedule	PDF	PDF	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF	PDF	PDF

Asset Financing Loan 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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Asset Financing Loan samples

Asset Financing Loan Price Graphs

Total Borrowers of Samples

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