- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Actuar Caldas	3,700	5,247,000	1	171
Actuar Quindio	2,300	2,800,000	2	171
Actuar Tolima	8,800	5,099,000	3	171
Amanecer	4,300	8,253,000	4	171
Banco Agrario	56,300	39,938,000	3	171
Banco WWB	219,400	294,019,000	5	166
Bancolombia	36,200	51,563,000	1	171
BdO	10,400	7,945,000	2	171
Comerciacoop	1,600	3,255,000	4	171
Confiar	43,800	81,993,000	7	171
Congente	5,400	20,045,000	2	171
Contactar	25,100	20,184,000	2	171
Crezcamos	27,500	22,564,000	4	171
Finamerica	39,800	99,536,000	7	171
FMM Popayán	310,000	243,614,000	3	171
FMSD	6,800	9,236,000	6	171
Fomentamos	900	102,000	1	171
Fund DeLaMujer	199,900	165,568,000	1	171
Fund Oleoductos	500	435,000	1	166
FUNDAUNIBAN	600	1,307,000	2	171
FUNDESAN	2,400	2,521,000	5	171
FUNDESMAG	1,000	1,698,000	2	171
Interactuar	30,200	93,846,000	4	171
MEDA	15,600	27,322,000	2	171
ProCredit CO	5,700	18,569,000	3	171

Institution

Urwego Opportunity Bank Avenue de la PaixKigali

Data approved: 2011-09-29

Data version: 1

Age of data: - months

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Product

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Product Details

Key Statistics

Outstanding portfolio (RWF)	RWF 222,886,242
Portfolio (USD)	USD 377,773.29
Active Clients with Loans	383
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	40% - 60%

Methodology

Individual
Solidarity group
Village banking	x
Self help group
Other

Description

Group members 10 to 30 s; groups members must have a business; member co guarantee each other (Social guarantee).\r

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance	x
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance
Workplace visits
Business training	x
Other training
Other
Other (2)
No other services

Eligibility

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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	RWF
Minimum loan size	RWF 250,000
Maximum loan size	1,500,000

Loan Term and Grace Period

Shortest loan term	4.0 months
Longest loan term	12.0 months
Approx average	0

Distribution at Disbursement (Est.)

Loans 3 months or less	N/A
Between 4 and 6 months	N/A
Between 7 and 9 months	N/A
Between 10 and 12 months	N/A
Between 13 and 18 months	N/A
Longer than 18 months	N/A

Grace Period

Grace period usage	100%
Average grace period	0.7 months

Repayment Frequency

Daily
Weekly	x
Every 2 weeks	x
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 interest	2.00%
Highest quoted nominal interest	2.50%
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	N/A
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Processing fee: 1%
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Credit Life Insurance Premium 1% per annum VAT inclusive
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	10.00% - N/A
or, Fixed-amount deposited	0 - N/A

Deposits DURING period payments

% loan amount deposited	10.00% - N/A
or, Fixed-amount deposited	0 - N/A
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	5.00%
Maximum interest rate paid	5.00%
Interest payment frequency	Monthly

Taxes

Are taxes charged on this product?	Yes
Percentage of fees	0
All or some fees taxed	N/A

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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞