| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2007 |
| Head of Institution | Leenam Yon |
| Regions active | Phnom Penh |
| # Branches | 1 |
| Total Portfolio (nat'l) | KHR 1,629,290,000 |
| Total Portfolio (USD) | USD 412,478.48 |
| Active clients with loans | 266 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | USD 250 - 24,000 | 1 - 24 | 60% - 80% | 40% - 60% | Business, Housing, Consumer, Education, Other | Women, Men |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | 20.4%-27.6% annual, Decl Bal | 1 Fee | 0 | None | None | 20.3% - 37% | 20.3% - 37% | 79 |
| Outstanding portfolio (TZS) | TZS 3,700,000,000 |
| Portfolio (USD) | USD 2,327,044.03 |
| Active Clients with Loans | 5,071 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 60% - 80% |
| Individual | |
| Solidarity group | x |
| 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 | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| 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 | |
| Other (2) |
| # Regions for this institution | 3 |
| # Regions for this product | 3 |
| Regions Active | Arusha, Dar es Salaam, Kilimanjaro |
| Currency | TZS |
| Minimum loan size | TZS 250,000 |
| Maximum loan size | 7,500,000 |
| Loans less than TZS 350,000 | 5% |
| TZS 350,000-1,250,000 | 15% |
| TZS 1,250,000-2,000,000 | 30% |
| TZS 2,000,000-3,000,000 | 30% |
| TZS 3,000,000-4,000,000 | 15% |
| Greater than TZS 4,000,000 | 15% |
| Shortest loan term | 6.0 months |
| Longest loan term | 12.0 months |
| Approx average | 6.5 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 70% |
| Between 7 and 9 months | 30% |
| Between 10 and 12 months | 0 |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 100% |
| Average grace period | 0.7 months |
| Daily | |
| Weekly | |
| Every 2 weeks | x |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 2.50% |
| Highest quoted nominal interest | 2.50% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Loan Processing Fee |
| % of loan amount - min | 1.50% |
| % of loan amount - max | 1.50% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| Ins 1 | |
|---|---|
| Description | Credit Life, Funeral, Property |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| Required for | All |
| Criteria | First Loan Cycle Security Deposit required is equal to 1% of the loan amount. |
| Is deposit indicated on the repayment schedule? | No |
| Do borrowers control deposit in their group? | Yes |
| % loan amount deposited | 10.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | End Term |
| Minimum interest rate paid | 0 |
| Maximum interest rate paid | 0 |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | TZS 300,000 | TZS 500,000 | TZS 1,000,000 | TZS 2,000,000 | TZS 3,000,000 | TZS 5,000,000 | |||||
| Loan Cycle (1, 2, 3, etc) | 1 | Not Known | 4 | 4 | 4 | 4 | |||||
| Disbursement Date | 2013-02-19 | 2013-02-12 | 2012-11-30 | 2012-11-30 | 2012-11-30 | 2013-01-21 | |||||
| Loan Term (Months) | 6.0 months | 6.0 months | 6.0 months | 6.0 months | 6.0 months | 8.0 months | |||||
| Grace Period (Months) | 0.2 months | 0.1 months | 0.2 months | 0.2 months | 0.2 months | 0.2 months | |||||
| Total Cost of Credit | TZS 54,300 | TZS 89,200 | TZS 179,700 | TZS 359,400 | TZS 540,400 | TZS 1,125,000 | |||||
| True Price by Comp | |||||||||||
| Interest price component | 52.0% | 53.2% | 51.5% | 51.5% | 51.6% | 48.7% | |||||
| Fee Component | 5.5% | 5.8% | 5.5% | 5.5% | 5.5% | 4.2% | |||||
| Insurance Component | 3.8% | 3.9% | 3.7% | 3.7% | 3.8% | 2.8% | |||||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
| Deposit Component | 12.0% | 12.8% | 12.1% | 12.1% | 12.0% | 10.4% | |||||
| Full APR (int fee ins tax dep) | 73.3% | 75.7% | 72.8% | 72.8% | 72.9% | 66.1% | |||||
| Transparency Index | 41 | 40 | 41 | 41 | 41 | 45 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
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| % 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 |
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