Outstanding portfolio (THB) | THB 23,366,209 |
Portfolio (USD) | USD 792,074.88 |
Active Clients with Loans | 755 |
Approximate % Female Clients | 80% - 100% |
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 | |
Other | |
Other (2) |
# Regions for this institution | 13 |
# Regions for this product | 2 |
Regions Active | Banteay Meanchey, Battambang |
Currency | THB |
Minimum loan size | THB 8,000 |
Maximum loan size | 200,000 |
Loans less than THB 10,000 | 5% |
THB 10,000-30,000 | 40% |
THB 30,000-50,000 | 20% |
THB 50,000-70,000 | 20% |
THB 70,000-90,000 | 5% |
Greater than THB 90,000 | 5% |
Shortest loan term | 3.0 months |
Longest loan term | 24.0 months |
Approx average | 18.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 30% |
Between 13 and 18 months | 50% |
Longer than 18 months | 20% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | x |
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 | 3.50% |
Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Credit Bureau Cambodia - CBC Fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 5.97 |
Fixed amount - max | 92 |
Reason for variation | Charge 800 KHR/5.97 THB for loan size <= 2,000,000 KHR or equivalent, and charge 12,000 KHR/92.30 for loan over 2,000,000 KHR |
Appears on Repayment Sched? | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
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 | THB 11,000 | THB 20,000 | THB 40,000 | THB 65,000 | THB 80,000 | THB 100,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2013-02-22 | 2013-01-23 | 2013-02-15 | 2013-02-13 | 2013-02-15 | 2013-02-11 | |||||
Loan Term (Months) | 13.0 months | 12.0 months | 19.0 months | 13.0 months | 25.0 months | 18.0 months | |||||
Grace Period (Months) | 0.4 months | 0.0 months | 0.6 months | 0.6 months | 0.2 months | 0.0 months | |||||
Total Cost of Credit | THB 2,152.97 | THB 3,774.30 | THB 11,518.30 | THB 11,783.30 | THB 25,822.30 | THB 24,215.30 | |||||
True Price by Comp | |||||||||||
Interest price component | 33.6% | 33.7% | 33.6% | 30.0% | 30.1% | 30.1% | |||||
Fee Component | 0.1% | 0.9% | 0.3% | 0.3% | 0.1% | 0.1% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 33.7% | 34.6% | 33.9% | 30.3% | 30.2% | 30.2% | |||||
Transparency Index | 89 | 87 | 88 | 99 | 99 | 99 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | No |
Website address | http://www.eclof-kenya.org/ |
Year established | 1994 |
Head of Institution | Mary Munyiri |
Regions active | Central, Eastern, Nairobi, Nyanza, Rift Valley, Western |
# Branches | 16 |
Total Portfolio (nat'l) | KES 470,400,975 |
Total Portfolio (USD) | USD 5,681,171.20 |
Active clients with loans | 19,987 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 20% - 40% |
Network affiliations | ECLOF International, AMFI |
Funders | ECLOF International, Water.org, Church of Sweden |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Elimu Bora Loan | KES 5,000 - 200,000 | 3 - 12 | 40% - 60% | 0% - 20% | Education | Women, Men, Have business | Credit Educ, Credit Ins | |||||||
Jinue Loan | KES 5,000 - 30,000 | 6 - 18 | 40% - 60% | 0% - 20% | Business, Consumer | Women, Men, Have business | Credit Educ, Credit Ins | |||||||
Jiwezeshe Loan | KES 5,000 - 300,000 | 6 - 36 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Credit Ins | |||||||
Tatua Shida Loan | KES 5,000 - 50,000 | 3 - 6 | 40% - 60% | 0% - 20% | Any Purpose | Women, Men, Have business | Credit Educ, Credit Ins | |||||||
Ukulima Loan | KES 5,000 - 200,000 | 6 - 12 | 40% - 60% | 20% - 40% | Agriculture | Women, Men, Have business | Credit Educ, Credit Ins | |||||||
Afya Loan | KES 8,666 - 21,420 | 3 - 12 | 40% - 60% | 20% - 40% | Other | Women, Men, Have business | Credit Educ, Credit Ins | |||||||
Maji Safi Loan | KES 5,000 - 100,000 | 9 - 24 | 40% - 60% | 20% - 40% | Other | Women, Men, Have business | Credit Educ, Credit Ins | |||||||
Boma Safi Loan | KES 5,000 - 200,000 | 6 - 24 | 40% - 60% | 20% - 40% | Other | Women, Men, Have business | Credit Educ, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Elimu Bora Loan | 18.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 33.1% - 36.1% | 36.9% - 40.2% | 47 | ||||||||
Jinue Loan | 22.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0%-25.0% upfront 200.00 ongoing | 42.8% - 45.3% | 108% - 170.1% | 16 | ||||||||
Jiwezeshe Loan | 18.0%-20.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0%-25.0% upfront 200.00 ongoing | 33.6% - 41.6% | 61.6% - 91.2% | 23 | ||||||||
Tatua Shida Loan | 22.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 45.4% | 53% | 42 | ||||||||
Ukulima Loan | 20.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 39.5% - 42% | 43.6% - 49.6% | 44 | ||||||||
Afya Loan | 19.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 34% - 37.8% | 37.7% - 42% | 46 | ||||||||
Maji Safi Loan | 20.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 39.5% - 42% | 43.6% - 49.6% | 44 | ||||||||
Boma Safi Loan | 20.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 36.8% - 42% | 39.1% - 49.6% | 45 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
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