Outstanding portfolio (USD) | USD 120,849,087.90 |
Portfolio (USD) | USD 120,849,087.90 |
Active Clients with Loans | 54,364 |
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 | x |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | USD |
Minimum loan size | USD 1,501 |
Maximum loan size | 9,999 |
Shortest loan term | 6.0 months |
Longest loan term | 24.0 months |
Approx average | 12.0 months |
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 | 1.50% |
Highest quoted nominal interest | 2.00% |
Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
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 |
Sample 1 | Sample 2 | Sample 4 | Sample 5 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | USD 1,700 | USD 1,900 | USD 2,300 | USD 2,500 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2010-10-01 | 2010-10-14 | 2010-10-05 | 2010-10-01 | |||
Loan Term (Months) | 12.0 months | 4.0 months | 15.0 months | 24.0 months | |||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||
Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | |||
True Price by Comp | |||||||
Interest and Fee Component | 21.9% | 23.1% | 21.9% | 23.2% | |||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
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) | 21.9% | 23.1% | 21.9% | 23.2% | |||
Transparency Index | 82 | 78 | 82 | 78 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.pawdep.org/ |
Year established | 2004 |
Head of Institution | Mary Muthoni Chege |
Regions active | Central, Eastern, Nairobi, North Eastern, Rift Valley |
# Branches | 11 |
Total Portfolio (nat'l) | KES 643,652,859 |
Total Portfolio (USD) | USD 7,773,585.25 |
Active clients with loans | 39,401 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | AMFI, AMT, NGO Council |
Funders | Women Enterprise Fund |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nuru Loan | KES 5,000 - 200,000 | 15 - 52 | 80% - 100% | 40% - 60% | Any Purpose | Women | Credit Educ, Group Mtgs, Business Training | |||||||
Haraka Loan | KES 500 - 100,000 | 1 | 80% - 100% | 40% - 60% | Any Purpose | Women | Group Mtgs, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nuru Loan | 18.0% annual, Decl Bal | 1 Fee | 0 Ins | None | 40.0% upfront 200.00 ongoing | 19.1% - 20.4% | 50.6% - 106.5% | 26 | ||||||||
Haraka Loan | 60.0% annual, Flat | 1 Fee | 0 Ins | None | 30.0% upfront 200.00 ongoing | 58.7% - 60% | 83% - 84.9% | 71 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
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% Products with one or more insurances | |
% Products with compulsory deposits |
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