2. KREDIT
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

KREDIT Microfinance Institution Plc. #17, Street 163ChamkarmornPhnom Penh
Data approved: 2013-04-23
Data version: 3
Age of data: 139 months
Choose version

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.kredit.com.kh
Year established2000
Head of InstitutionChan Mach
Regions activeBanteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampot, KandalKratié, Phnom Penh, Prey VengSiem Reap, Takéo
# Branches51

Total Portfolio (nat'l)KHR 239,343,000,000
Total Portfolio (USD)USD 60,593,164.56
Active clients with loans62,626
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliations
Funders

Loan Products » Summary

IDR-AGR-KHR
8,084 Borrowers
USD 5,156,516.59 Portfolio
Active Product
ID-AGR-USD
2,624 Borrowers
USD 4,637,246.14 Portfolio
Active Product
ID-KHR
7,339 Borrowers
USD 3,065,231.29 Portfolio
Active Product
ID-USD
24,845 Borrowers
USD 42,321,723.05 Portfolio
Active Product
SG-AGR-KHR
245 Borrowers
USD 51,622.01 Portfolio
Active Product
SG-KHR
180 Borrowers
USD 21,243.63 Portfolio
Active Product
VSU-KHR
18,454 Borrowers
USD 3,950,090.79 Portfolio
Active Product
SG-USD
35 Borrowers
USD 3,011 Portfolio
Low Volume Product
SME-USD
6 Borrowers
USD 112,957.75 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
ID-AGR-KHR KHR 100,000 - 20,000,000 4 - 12 80% - 100% 0% - 20% Business Women, Men, Have business, Have home or land
ID-AGR-USD USD 100 - 5,000 4 - 12 80% - 100% 0% - 20% Business Women, Men, Have business, Have home or land
ID-KHR KHR 200,000 - 40,000,000 4 - 36 80% - 100% 0% - 20% Business, Housing, Consumer Women, Men, Have business, Have home or land
ID-USD USD 100 - 20,000 4 - 36 80% - 100% 0% - 20% Business, Housing, Consumer Women, Men, Have business, Have home or land
SG-AGR-KHR KHR 100,000 - 1,200,000 4 - 12 80% - 100% 0% - 20% Business, Housing, Consumer Women, Men, Have business, Have home or land Group Mtgs
SG-KHR KHR 100,000 - 1,200,000 4 - 12 80% - 100% 0% - 20% Business, Housing, Consumer Women, Men, Have business, Have home or land Group Mtgs
VSU-KHR KHR 50,000 - 1,200,000 4 - 12 80% - 100% 0% - 20% Any Purpose Women, Men Credit Educ, Group Mtgs, Tech Asst Visits, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
ID-AGR-KHR 27.0%-36.0% annual, Decl Bal 0 Fees 0 Ins None N/A 25.6% - 36% 25.6% - 36% 86
ID-AGR-USD 21.0%-36.0% annual, Decl Bal 0 Fees 0 Ins None N/A 22.9% - 31.8% 22.9% - 31.8% 74
ID-KHR 24.0%-36.0% annual, Decl Bal 0 Fees 0 Ins None N/A 27.7% - 36.8% 27.7% - 36.8% 72
ID-USD 19.8%-36.0% annual, Decl Bal 0 Fees 0 Ins None N/A 21.8% - 30.7% 21.8% - 30.7% 73
SG-AGR-KHR 36.0% annual, Decl Bal 0 Fees 0 Ins None N/A 36% 36% 100
SG-KHR 36.0% annual, Decl Bal 0 Fees 0 Ins None N/A 36% 36% 100
VSU-KHR 34.2% annual, Decl Bal 0 Fees 0 Ins None N/A 32% - 32.2% 32% - 32.2% 100
Institution Price Graph
Click to view Price Analysis Tool
  2. Urwego

Institution

Urwego Opportunity Bank Plot 1230 NyarugengeAvenue de la PaixKigaliPO Box 748
Data approved: 1900-01-00
Data version: 3
Age of data: -   months 
Choose version

Product

Advanced Community Banking Product 1 of 6 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 1,545,844,104
Portfolio (USD)USD 2,415,381.41
Active Clients with Loans4,400
Approximate % Female Clients60% - 80%
Approximate % Urban Clients40% - 60%
Methodology
Individual
Solidarity group
Village bankingx
Self help group
Other
Description
Group members 10 to 30 individuals, group members must have a business; member co guarantee each other (social guarantee)
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household financex
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
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 institution30
# Regions for this product30
Regions ActiveBugesera, Burera, Gakenke, Gasabo, Gatsibo, Gicumbi, Gisagara, Huye, Kamonyi, KarongiKayonza, Kicukiro, Kirehe, Muhanga, Musanze, Ngoma, Ngororero, Nyabihu, Nyagatare, NyamagabeNyamasheke, Nyanza, Nyarugenge, Nyaruguru, Rubavu, Ruhango, Rulindo, Rusizi, Rutsiro, Rwamagana

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan sizeRWF 250,000
Maximum loan size3,000,000
Distribution at Disbursement (Est.)
Loans less than RWF 500,00050%
RWF 500,000-1,500,00030%
RWF 1,500,000-2,500,0005%
RWF 2,500,000-3,500,00015%
RWF 3,500,000-4,500,0000
Greater than RWF 4,500,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months60%
Between 7 and 9 months10%
Between 10 and 12 months30%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period0.3 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.00%
Highest quoted nominal interest2.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionLoan Processing Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationExcluding VAT
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Life Insurance Premium
% of loan amount - min0.08%
% of loan amount - max0.08%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationExcluding VAT
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?Yes
Percentage of fees18%
All or some fees taxedAll

Full Pricing Data

Advanced Community Banking samples
Sample 1Sample 2Sample 3
Loan AmountRWF 200,000RWF 400,000RWF 1,500,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2014-08-282014-08-072014-08-11
Loan Term (Months)6.0 months6.0 months8.0 months
Grace Period (Months)0.5 months0.5 months0.7 months
Total Cost of CreditRWF 26,476.80RWF 61,461.60RWF 293,677
True Price by Comp     
Interest price component39.8%46.5%44.7%
Fee Component3.6%3.6%2.8%
Insurance Component0.3%0.3%0.2%
Tax Component0.7%0.7%0.5%
Deposit Component8.6%9.8%8.9%
Full APR (int fee ins tax dep)53.0%60.9%57.1%
Transparency Index453942
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Advanced Community Banking Price Graphs


Click to view Price Analysis Tool
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
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

Total Borrowers of Samples

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