2. FMM Popayán
Please note that the information you are viewing is 166 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. East Mamprusi
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

Fundación Mundo Mujer Popayán Carrera 11 # 5 - 70Popayán
Data approved: 2011-08-01
Data version: 1
Age of data: 166 months

Institution

East Mamprusi Community Bank GambagaNorthern RegionP.O Box 11
Data approved: 2013-03-26
Data version: 2
Age of data: 139 months
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Product

MICROCREDITO Product 2 of 3 « Prev | Next »

Product

Credit With Education (CWE) Loan Product 2 of 4 « Prev | Next »

Product Summary

Number borrowers294,983
Loan Amount (range)COP 400,000 - 61,800,000
Loan Term (range)1 - 48
Other Services (text summary)Credit Ins, Tech Asst Visits
Annual Interest & Method26.4%-29.5% annual, Decl Bal
Fees4.50%-7.50% ongoing
Insurance0.40%-1.00% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component29.9% - 41.6% (Int+Fee)
Insurance Component0 - 0.9%
Tax Component Range0
Full APR (int fee ins tax dep)30.7% - 42.3%
Transparency Index (min/max)62 - 89
Transparency Index (average)74

Product Summary

6,836
GHS 200 - 1,000
6 - 8
Credit Ins
20.00% annual, Flat
None
None
None
20.00% upfront
 
42.4% - 67.0%
0 - 6.0%
0
0
97.5%
21 - 64
20

Product Details

Key Statistics
Outstanding portfolio (COP)COP 423,368,000,000
Portfolio (USD)USD 232,619,780.20
Active Clients with Loans294,983
Approximate % Female Clients60% - 80%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village bankingx
Self help group
Other
Description
Crédito para capital de trabajo y activos fijos en actividades de Producción, Comercio o Servicios, por un monto mínimo de Âœ SMMLV hasta 120 SMMLV, con un plazo máximo de hasta 48 meses segàºn el monto aprobado que se otorgará a microempresarios.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visitsx
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 1,264,000
Portfolio (USD)USD 641,624.37
Active Clients with Loans6,836
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Designed for women engaged in petty trading.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
OtherMust be 18 years of age.
Other (2)Must have residence in the community near relevant branch.
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveNorthern Region

Loan Conditions

Loan Amount
CurrencyCOP
Minimum loan sizeCOP 400,000
Maximum loan size61,800,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term48.0 months
Approx average14.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular paymentsx

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 200
Maximum loan size1,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,000100%
GHS 1,000-5,0000
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term8.0 months
Approx averageDK
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months50%
Between 7 and 9 months50%
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period0.5 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.20%
Highest quoted nominal interest2.46%
Reason(s) why interest rate variesLoan Size
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionComisio por la Ley Mipyme
% of loan amount - min4.50%
% of loan amount - max7.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionSeguro de Cartera
% of loan amount - min0.40%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest20.00%
Highest quoted nominal interest20.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?Yes
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid6.00%
Maximum interest rate paid6.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

MICROCREDITO samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountCOP 1,215,378COP 3,553,590COP 7,048,930COP 29,167,760COP 40,167,760
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-03-172011-01-282011-02-092011-01-262011-03-02
Loan Term (Months)11.0 months23.0 months15.0 months36.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component41.6%38.2%37.4%30.0%29.9%
Insurance Component0.7%0.7%0.6%0.7%0.8%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)42.3%38.9%38.0%30.7%30.7%
Transparency Index6268698686
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Credit With Education (CWE) Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 200GHS 200GHS 200
Loan Cycle (1, 2, 3, etc)111
Disbursement Date2012-09-122013-02-132013-03-11
Loan Term (Months)6.0 months6.0 months6.0 months
Grace Period (Months)0.5 months0.5 months0.5 months
Total Cost of CreditGHS 40GHS 40GHS 40
True Price by Comp     
Interest price component67.0%67.0%67.0%
Fee Component0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component30.5%30.5%30.5%
Full APR (int fee ins tax dep)97.5%97.5%97.5%
Transparency Index212121
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
MICROCREDITO Price Graphs


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Credit With Education (CWE) Loan Price Graphs


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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
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