Outstanding portfolio (USD) | USD 2,021,763 |
Portfolio (USD) | USD 2,021,763 |
Active Clients with Loans | 1,076 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | Asesoría administración del dinero |
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 | Si el deudor no es propietario de una casa, el garante sí requiere tener una casa. |
Other (2) | Pueden acceder personas desde los 18 años de edad en adelante. |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | USD |
Minimum loan size | USD 100 |
Maximum loan size | 5,000 |
Shortest loan term | 3.0 months |
Longest loan term | 36.0 months |
Approx average | 13.0 months |
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 |
Lowest quoted nominal interest | 14.00% |
Highest quoted nominal interest | 16.00% |
Reason(s) why interest rate varies | Cantidad de ingresos de la persona |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Seguro de Desgravamen |
% 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 |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | Yes |
Do borrowers control deposit in their group? |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | USD 5 |
Conditions on access to deposit | Access During |
Minimum interest rate paid | 1.50% |
Maximum interest rate paid | 4.00% |
Interest payment frequency | Monthly |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | USD 400 | USD 1,000 | USD 2,000 | USD 4,000 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2010-08-28 | 2010-08-24 | 2010-07-09 | 2010-07-19 | |||
Loan Term (Months) | 6.0 months | 8.0 months | 15.0 months | 30.0 months | |||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||
Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | |||
True Price by Comp | |||||||
Interest and Fee Component | 16.2% | 16.2% | 16.2% | 16.4% | |||
Insurance Component | 3.3% | 2.8% | 1.6% | 0.9% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 0.3% | 0.1% | 0.1% | 0.0% | |||
Full APR (int fee ins tax dep) | 19.8% | 19.2% | 17.9% | 17.3% | |||
Transparency Index | 71 | 73 | 78 | 81 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.sisdo.org/ |
Year established | 1991 |
Head of Institution | Simon Maina |
Regions active | Central, Eastern, Nairobi, Rift Valley, Western |
# Branches | 16 |
Total Portfolio (nat'l) | KES 302,871,417 |
Total Portfolio (USD) | USD 3,657,867.36 |
Active clients with loans | 7,374 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 20% - 40% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Financing Loan | KES 20,000 - 50,000 | 3 - 12 | 40% - 60% | 40% - 60% | Business, Housing | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Daraja Loan | KES 50,000 - 300,000 | 3 - 24 | 40% - 60% | 0% - 20% | Business, Only working capital | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Health Insurance - optional | |||||||
Farm Inputs Loan | KES 5,000 - 100,000 | 3 - 12 | 40% - 60% | 0% - 20% | Business | Women, Men, Must be a farmer | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Inua Loan | KES 5,000 - 300,000 | 3 - 18 | 40% - 60% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Health insurance - optional | |||||||
School Fees Loan | KES 3,000 - 100,000 | 3 - 12 | 60% - 80% | 40% - 60% | Education | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Zero Grazing Loan | KES 10,000 - 300,000 | 3 - 18 | 40% - 60% | 20% - 40% | Agriculture, Improvement to shed, purchase of cow, chaff-cutter | Women, Men, Have business, Farmers only | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Health insurance - optional |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Financing Loan | 20.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0% upfront 100.00 ongoing | 37.6% - 38.5% | 70.3% - 83.8% | 26 | ||||||||
Daraja Loan | 22.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0% upfront 500.00 ongoing | 40.9% - 41% | 73% - 119.1% | 25 | ||||||||
Farm Inputs Loan | 22.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0% upfront 100.00 ongoing | 30.9% - 41.8% | 58.3% - 148.4% | 27 | ||||||||
Inua Loan | 22.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0% upfront 100.00 ongoing | 40.9% - 41.9% | 69.4% - 113% | 27 | ||||||||
School Fees Loan | 20.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0% upfront 100.00 ongoing | 37.6% | 66.5% - 113.4% | 25 | ||||||||
Zero Grazing Loan | 22.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0% upfront 100.00 ongoing | 39.2% - 41.8% | 69.2% - 87.7% | 29 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
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% Products with one or more insurances | |
% Products with compulsory deposits |
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