2. Farmer Finance
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

Farmer Finance Ltd 1071, National Road 2Chak Angre LeuPhnom PenhPO Box 88772
Data approved: 2013-03-20
Data version: 3
Age of data: 139 months
Choose version

Product

General Loan Product 1 of 1 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 407,300
Portfolio (USD)USD 407,300
Active Clients with Loans266
Approximate % Female Clients60% - 80%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Any loan for general purposes,like school fees, home improvement, buy machines for farms; death burial expenses etc.
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loanx
Agriculture
Educationx
Other household financex
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
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 institution1
# Regions for this product1
Regions ActivePhnom Penh

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 250
Maximum loan size24,000
Distribution at Disbursement (Est.)
Loans less than USD 2500
USD 250-1,00010%
USD 1,000-1,50030%
USD 1,500-2,00020%
USD 2,000-2,50015%
Greater than USD 2,50015%
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term24.0 months
Approx averageDK
Distribution at Disbursement (Est.)
Loans 3 months or less5%
Between 4 and 6 months10%
Between 7 and 9 months10%
Between 10 and 12 months15%
Between 13 and 18 months40%
Longer than 18 months20%
Grace Period
Grace period usage0
Average grace periodDK
Repayment Frequency
Daily
Weekly
Every 2 weeks
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 interest1.70%
Highest quoted nominal interest2.30%
Reason(s) why interest rate variesDepends client circumstances - poorer people are charged a lower rate.
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min0.50%
% of loan amount - max0
OR, Fixed amount - min0
Fixed amount - max40
Reason for variation0.5% subject to a maximum of 40 USD
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forSome
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited0
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 paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

General Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUSD 250USD 600USD 1,200USD 1,800USD 2,400USD 3,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-03-162012-11-032013-01-212011-12-282012-01-132012-08-17
Loan Term (Months)5.1 months6.0 months12.0 months61.0 months49.0 months12.0 months
Grace Period (Months)0.0 months0.9 months0.2 months0.0 months-0.1 months-0.3 months
Total Cost of CreditUSD 20.75USD 48.95USD 171USD 995.90USD 1,196USD 332.28
True Price by Comp           
Interest price component24.8%30.7%23.2%20.9%23.8%18.3%
Fee Component8.3%6.3%2.4%1.0%0.5%2.0%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)33.1%37.0%25.6%21.9%24.3%20.3%
Transparency Index6255809384100
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
General Loan Price Graphs


Click to view Price Analysis Tool
  2. Zamuka
Please note that the information you are viewing is 143 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

COOPEC ZAMUKA Kicukiro-Centre,Secteur Gatenga, District KicukiroKigaliPO Box 6401
Data approved: 2012-11-01
Data version: 2
Age of data: 143 months
Choose version

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?Yes
Website addresshttp://[email protected]
Year established2002
Head of InstitutionPascal Simbizi Manzi
Regions activeKicukiro
# Branches0

Total Portfolio (nat'l)RWF 78,400,272
Total Portfolio (USD)USD 124,444.88
Active clients with loans253
Approximate % female clients60% - 80%
Approximate % urban clients80% - 100%
Network affiliations
Funders

Loan Products » Summary

Group
219 Borrowers
USD 70,668 Portfolio
Active Product
Individual
95 Borrowers
USD 46,470 Portfolio
Active Product
Facilite
10 Borrowers
USD 4,762 Portfolio
Low Volume Product
Decouvert
Retired 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
Group Loan RWF 100,000 - 600,000 6 - 12 40% - 60% 60% - 80% Business, Housing, Consumer, Education Women, Men Credit Educ, Group Mtgs, Tech Asst Visits
Individual Loan RWF 100,000 - 1,600,000 1 - 24 40% - 60% 80% - 100% Business, Housing, Consumer, Education Women, Men, Have business, Must own a guarantee Credit Educ, Credit Ins, Tech Asst Visits, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 24.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 46.9% - 49% 55.9% - 58.5% 42
Individual Loan 24.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 46.8% - 49.9% 55.8% - 59.5% 42
Institution Price Graph
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 ∞