Number borrowers | 878 |
Loan Amount (range) | THB 4,000 - 24,000 |
Loan Term (range) | 1 - 12 |
Other Services (text summary) | Credit Ins |
Annual Interest & Method | 36.0% annual, Decl Bal |
Fees | None |
Insurance | None |
Tax | None |
Comp Dep | 3.0% upfront |
Range of pricing | |
Interest Price Component | 27.1% - 36.0% |
Fee Component | 0 |
Insurance Component | 0 |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 34.8% - 37.1% |
Transparency Index (min/max) | 81 - 105 |
Transparency Index (average) | 100 |
348 |
RWF 250,000 - 6,000,000 |
6 - 24 |
Credit Educ, Group Mtgs, Credit Ins, Business Training |
18.0% annual, Flat |
1.50% upfront |
0.08% upfront |
18.00% fees |
15.0% upfront |
18.3% - 49.1% |
1.5% - 8.1% |
0 - 1.1% |
0 - 1.6% |
60.6% |
30 - 81 |
30 |
Outstanding portfolio (THB) | THB 5,343,555 |
Portfolio (USD) | USD 181,137.46 |
Active Clients with Loans | 878 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
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 | |
Group meetings | |
Credit insurance | x |
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 | x |
Other | |
Other (2) |
# Regions for this institution | 7 |
# Regions for this product | 2 |
Regions Active | Banteay Meanchey, Battambang |
Outstanding portfolio (RWF) | RWF 152,959,823 |
Portfolio (USD) | USD 238,999.72 |
Active Clients with Loans | 348 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 80% - 100% |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | x |
Agriculture | |
Education | |
Other household finance | x |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | x |
Other training | |
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 | 30 |
# Regions for this product | 14 |
Regions Active | Bugesera, Gasabo, Gatsibo, Huye, Karongi, Kicukiro, Muhanga, Musanze, Ngoma, Nyamagabe, Nyarugenge, Ruhango, Rusizi, Rwamagana |
Currency | THB |
Minimum loan size | THB 4,000 |
Maximum loan size | 24,000 |
Loans less than THB 10,000 | 10% |
THB 10,000-30,000 | 90% |
THB 30,000-50,000 | 0 |
THB 50,000-70,000 | 0 |
THB 70,000-90,000 | 0 |
Greater than THB 90,000 | 0 |
Shortest loan term | 1.0 month |
Longest loan term | 12.0 months |
Approx average | 9.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 10% |
Between 10 and 12 months | 90% |
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 | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | RWF |
Minimum loan size | RWF 250,000 |
Maximum loan size | 6,000,000 |
Loans less than RWF 500,000 | 10% |
RWF 500,000-1,500,000 | 10% |
RWF 1,500,000-2,500,000 | 10% |
RWF 2,500,000-3,500,000 | 10% |
RWF 3,500,000-4,500,000 | 10% |
Greater than RWF 4,500,000 | 10% |
Shortest loan term | 6.0 months |
Longest loan term | 24.0 months |
Approx average | DK |
Loans 3 months or less | 0 |
Between 4 and 6 months | 30% |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 60% |
Between 13 and 18 months | 10% |
Longer than 18 months | 0 |
Grace period usage | 100% |
Average grace period | 0.3 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 | 3.00% |
Highest quoted nominal interest | 3.00% |
Reason(s) why interest rate varies | All branches, loan size, loan term are the same interest rate. |
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 | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | No |
Do borrowers control deposit in their group? | Yes |
% loan amount deposited | 3.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | Final Pmt |
Minimum interest rate paid | 6.00% |
Maximum interest rate paid | 6.00% |
Interest payment frequency | Monthly |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 1.50% |
Highest quoted nominal interest | 1.50% |
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 | Excluding VAT |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Credit Life Insurance Premium |
% of loan amount - min | 0.08% |
% of loan amount - max | 0.08% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Excluding VAT |
Appears on Repayment Sched? | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | Yes |
Do borrowers control deposit in their group? | Yes |
% loan amount deposited | 15.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | Access During |
Minimum interest rate paid | 5.00% |
Maximum interest rate paid | 5.00% |
Interest payment frequency | Monthly |
Are taxes charged on this product? | Yes |
Percentage of fees | 18% |
All or some fees taxed | All |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | THB 4,000 | THB 8,000 | THB 20,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2012-11-06 | 2013-07-17 | 2013-05-31 | ||
Loan Term (Months) | 12.0 months | 12.0 months | 12.0 months | ||
Grace Period (Months) | 11.4 months | -0.2 months | 0.2 months | ||
Total Cost of Credit | THB 1,484 | THB 1,402 | THB 3,730 | ||
True Price by Comp | |||||
Interest price component | 36.0% | 33.1% | 32.9% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 1.1% | 1.8% | 1.9% | ||
Full APR (int fee ins tax dep) | 37.1% | 34.9% | 34.8% | ||
Transparency Index | 97 | 100 | 100 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Sample 1 | |
---|---|
Loan Amount | RWF 600,000 |
Loan Cycle (1, 2, 3, etc) | Not Known |
Disbursement Date | 2014-08-21 |
Loan Term (Months) | 5.8 months |
Grace Period (Months) | 0.5 months |
Total Cost of Credit | RWF 80,950.60 |
True Price by Comp | |
Interest price component | 36.1% |
Fee Component | 8.1% |
Insurance Component | 0.3% |
Tax Component | 1.6% |
Deposit Component | 14.5% |
Full APR (int fee ins tax dep) | 60.6% |
Transparency Index | 30 |
Original Repayment Schedule | |
MFT Pricing Calculation |
Key Statistics | |
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# 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 |
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