| Number borrowers | 7,352 |
| Loan Amount (range) | KHR 400,000 - 20,000,000 |
| Loan Term (range) | 1 - 12 |
| Other Services (text summary) | |
| Annual Interest & Method | 30.0%-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) | 31.0% - 37.1% |
| Transparency Index (min/max) | 81 - 105 |
| Transparency Index (average) | 85 |
| 2,500 |
| RWF 100,000 - 2,500,000 |
| 12 |
| Credit Educ, Tech Asst Visits, Business Training |
| 24.00% annual, Flat |
| 1.00% upfront |
| None |
| 18.00% fees |
| 20.00% upfront |
| 26.1% - 45.7% |
| 1.1% - 4.1% |
| 0 - 0.4% |
| 0.3% - 0.8% |
| 52.0% - 52.3% |
| 28 - 54 |
| 46 |
| Outstanding portfolio (KHR) | KHR 12,616,520,700 |
| Portfolio (USD) | USD 3,194,055.87 |
| Active Clients with Loans | 7,352 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | |
| 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 | |
| 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 | 7 |
| Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kandal, Phnom Penh, PursatSiem Reap |
| Outstanding portfolio (RWF) | RWF 220,979,541 |
| Portfolio (USD) | USD 345,280.53 |
| Active Clients with Loans | 2,500 |
| 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 | x |
| Group meetings | |
| Credit insurance | |
| Workplace visits | x |
| Business training | x |
| 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 | 18 |
| # Regions for this product | 21 |
| Regions Active | Burera, Gakenke, Gasabo, Gatsibo, Gisagara, Huye, KamonyiKayonza, Kicukiro, Kirehe, Muhanga, Musanze, Ngororero, Nyabihu, Nyagatare, Nyanza, Nyarugenge, Rubavu, Ruhango, Rulindo, Rusizi |
| Currency | KHR |
| Minimum loan size | KHR 400,000 |
| Maximum loan size | 20,000,000 |
| Loans less than KHR 1,000,000 | 5% |
| KHR 1,000,000-3,500,000 | 15% |
| KHR 3,500,000-6,000,000 | 20% |
| KHR 6,000,000-8,000,000 | 30% |
| KHR 8,000,000-10,000,000 | 10% |
| Greater than KHR 10,000,000 | 10% |
| Shortest loan term | 1.0 month |
| Longest loan term | 12.0 months |
| Approx average | 11.0 months |
| Loans 3 months or less | 10% |
| Between 4 and 6 months | 10% |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 70% |
| 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 100,000 |
| Maximum loan size | 2,500,000 |
| Loans less than RWF 500,000 | 60% |
| RWF 500,000-1,500,000 | 30% |
| RWF 1,500,000-2,500,000 | 10% |
| RWF 2,500,000-3,500,000 | 0 |
| RWF 3,500,000-4,500,000 | 0 |
| Greater than RWF 4,500,000 | 0 |
| Shortest loan term | 12.0 months |
| Longest loan term | 12.0 months |
| Approx average | 12.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 100% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 100% |
| Average grace period | 6.0 months |
| Daily | |
| Weekly | |
| Every 2 weeks | x |
| Every 4 weeks | |
| Monthly | |
| 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 | 3.00% |
| Reason(s) why interest rate varies | Loan Size |
| 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? | No |
| % 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 | 2.00% |
| Highest quoted nominal interest | 2.00% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Commission Fee |
| % 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? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | No |
| Do borrowers control deposit in their group? | No |
| % loan amount deposited | 20.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 10.00% |
| 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? | Yes |
| Percentage of fees | 18% |
| All or some fees taxed | Some |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | KHR 500,000 | KHR 1,200,000 | KHR 2,500,000 | KHR 4,500,000 | KHR 7,000,000 | ||||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
| Disbursement Date | 2013-01-10 | 2012-03-30 | 2013-03-29 | 2012-11-19 | 2012-06-13 | ||||
| Loan Term (Months) | 12.0 months | 12.0 months | 10.0 months | 12.0 months | 12.0 months | ||||
| Grace Period (Months) | 11.3 months | 11.3 months | 9.5 months | 11.0 months | 11.1 months | ||||
| Total Cost of Credit | KHR 184,000 | KHR 442,800 | KHR 785,000 | KHR 1,489,200 | KHR 2,111,500 | ||||
| True Price by Comp | |||||||||
| Interest price component | 36.0% | 36.0% | 36.0% | 33.0% | 30.0% | ||||
| Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
| Deposit Component | 1.1% | 1.1% | 1.1% | 1.1% | 1.0% | ||||
| Full APR (int fee ins tax dep) | 37.1% | 37.1% | 37.1% | 34.1% | 31.0% | ||||
| Transparency Index | 81 | 81 | 81 | 88 | 97 | ||||
| Original Repayment Schedule | |||||||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | RWF 100,000 | RWF 200,000 | RWF 300,000 | ||
| Loan Cycle (1, 2, 3, etc) | 1 | 3 | 5 | ||
| Disbursement Date | 2011-11-18 | 2012-03-08 | 2012-03-08 | ||
| Loan Term (Months) | 9.0 months | 9.0 months | 9.0 months | ||
| Grace Period (Months) | 3.1 months | 3.1 months | 3.1 months | ||
| Total Cost of Credit | RWF 19,180 | RWF 38,360 | RWF 57,540 | ||
| True Price by Comp | |||||
| Interest price component | 33.6% | 33.4% | 33.4% | ||
| Fee Component | 2.0% | 2.0% | 2.0% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.4% | 0.4% | 0.4% | ||
| Deposit Component | 16.3% | 16.2% | 16.2% | ||
| Full APR (int fee ins tax dep) | 52.3% | 52.0% | 52.0% | ||
| Transparency Index | 46 | 46 | 46 | ||
| 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: | ||||||
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| By Country | ||||||
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| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
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