| 59 |
| RWF 15,000 - 5,000,000 |
| 3 |
| Credit Educ |
| 60.00% annual, Flat |
| 2 fees |
| None |
| 18.00% fees |
| N/A |
| 15.5% - 55.5% |
| 1.5% - 10.6% |
| 0 - 0.5% |
| 0.3% - 1.9% |
| 65.1% - 68.0% |
| 42 - 92 |
| 90 |
| Outstanding portfolio (KHR) | KHR 1,616,600 |
| Portfolio (USD) | USD 409.27 |
| Active Clients with Loans | 5 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 60% - 80% |
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | x |
| Other | |
| Other (2) |
| 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 | Existing Clients |
| Other (2) |
| # Regions for this institution | 14 |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (RWF) | RWF 17,470,676 |
| Portfolio (USD) | USD 27,731 |
| Active Clients with Loans | 59 |
| Approximate % Female Clients | 0% - 20% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| 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 | |
| Other (2) |
| # Regions for this institution | 2 |
| # Regions for this product | 4 |
| Regions Active | Ngororero, Nyabihu, Rubavu, Rutsiro |
| Currency | RWF |
| Minimum loan size | RWF 15,000 |
| Maximum loan size | 5,000,000 |
| Loans less than RWF 500,000 | 20% |
| RWF 500,000-1,500,000 | 15% |
| RWF 1,500,000-2,500,000 | 15% |
| RWF 2,500,000-3,500,000 | 15% |
| RWF 3,500,000-4,500,000 | 15% |
| Greater than RWF 4,500,000 | 15% |
| Shortest loan term | 3.0 months |
| Longest loan term | 3.0 months |
| Approx average | 3.0 months |
| Loans 3 months or less | 100% |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 0 |
| 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 | |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 5.00% |
| Highest quoted nominal interest | 5.00% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | Commission Fee | Paper Fee | |
| % of loan amount - min | 2.00% | 0 | |
| % of loan amount - max | 2.00% | 0 | |
| OR, Fixed amount - min | 0 | 600 | |
| Fixed amount - max | 0 | 600 | |
| Reason for variation | N/A | N/A | |
| 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? | Yes |
| Percentage of fees | 18% |
| All or some fees taxed | All |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | RWF 95,000 | RWF 200,000 | RWF 490,000 | RWF 450,000 | RWF 2,000,000 | RWF 3,000,000 | |||||
| Loan Cycle (1, 2, 3, etc) | 1 | 1 | 1 | 1 | 1 | 1 | |||||
| Disbursement Date | 2012-03-20 | 2012-05-23 | 2012-06-04 | 2012-08-02 | 2012-05-29 | 2012-05-23 | |||||
| Loan Term (Months) | 3.1 months | 3.1 months | 3.1 months | 3.1 months | 3.1 months | 3.1 months | |||||
| Grace Period (Months) | 3.1 months | 3.1 months | 3.1 months | 3.1 months | 3.1 months | 3.1 months | |||||
| Total Cost of Credit | RWF 17,200 | RWF 35,428 | RWF 85,772 | RWF 78,828 | RWF 347,908 | RWF 521,508 | |||||
| True Price by Comp | |||||||||||
| Interest price component | 55.5% | 55.5% | 55.5% | 55.5% | 55.5% | 55.5% | |||||
| Fee Component | 10.6% | 9.2% | 8.5% | 8.6% | 8.1% | 8.1% | |||||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
| Tax Component | 1.9% | 1.7% | 1.6% | 1.5% | 1.5% | 1.5% | |||||
| Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
| Full APR (int fee ins tax dep) | 68.0% | 66.4% | 65.6% | 65.6% | 65.1% | 65.1% | |||||
| Transparency Index | 88 | 90 | 92 | 91 | 92 | 92 | |||||
| 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) | ||||||
| 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 ∞ | ||||||
