| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| Banco Solidario | 79,700 | 221,716,000 | 1 | 170 |
| CEPESIU | 2,000 | 939,000 | 4 | 170 |
| COAC 4 Octubre | 2,200 | 5,771,000 | 2 | 170 |
| COAC Ambato | 1,300 | 16,415,000 | 2 | 170 |
| COAC FondVida | 2,500 | 4,200,000 | 4 | 170 |
| COAC LaBenefica | 2,500 | 8,482,000 | 6 | 170 |
| COAC MCCH | 5,300 | 10,020,000 | 2 | 170 |
| COAC Nacional | 30,700 | 27,129,000 | 2 | 170 |
| COAC San José | 10,400 | 29,133,000 | 5 | 170 |
| COAC SanAntonio | 1,000 | 2,384,000 | 3 | 170 |
| COAC SantaAnita | 2,000 | 2,532,000 | 6 | 170 |
| Codesarrollo | 14,400 | 40,328,000 | 7 | 170 |
| Coop San Miguel | 1,800 | 4,754,000 | 5 | 167 |
| CooP VPR | 700 | 1,052,000 | 4 | 170 |
| Cooprogreso | 7,900 | 32,244,000 | 4 | 170 |
| Credi Fe | 100,900 | 380,039,000 | 4 | 170 |
| D^Miro | 36,900 | 27,692,000 | 9 | 163 |
| DECOF | 2,200 | 705,000 | 2 | 170 |
| Espoir | 62,100 | 21,036,000 | 5 | 170 |
| FODEMI | 28,200 | 12,924,000 | 3 | 170 |
| Fundacion Alternativa | 4,300 | 5,545,000 | 2 | 170 |
| FUNDAMIC | 2,000 | 1,468,000 | 2 | 170 |
| INSOTEC | 7,000 | 6,047,000 | 4 | 170 |
| Luz del Valle | 6,400 | 11,300,000 | 3 | 170 |
| ProCredit | 43,800 | 211,941,000 | 2 | 170 |
| PS Ambato | 5,600 | 2,771,000 | 1 | 170 |
| Outstanding portfolio (KES) | KES 17,553,993 |
| Portfolio (USD) | USD 212,004.75 |
| Active Clients with Loans | 339 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 40% - 60% |
| 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 | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | x |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| 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) |
| # Regions for this institution | 4 |
| # Regions for this product | 4 |
| Regions Active | Central, Eastern, Nairobi, Rift Valley |
| Currency | KES |
| Minimum loan size | KES 50,000 |
| Maximum loan size | 200,000 |
| Loans less than KES 50,000 | 60% |
| KES 50,000-150,000 | 40% |
| KES 150,000-250,000 | 0 |
| KES 250,000-350,000 | 0 |
| KES 350,000-450,000 | 0 |
| Greater than KES 450,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 18.0 months |
| Approx average | 12.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 20% |
| Between 7 and 9 months | 40% |
| Between 10 and 12 months | 40% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 30% |
| Average grace period | 0.3 months |
| Daily | |
| Weekly | x |
| 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 | 22.00% |
| Highest quoted nominal interest | 22.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Application Fee |
| % of loan amount - min | 2.00% |
| % of loan amount - max | 2.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Insurance Fee |
| % of loan amount - min | 2.50% |
| % of loan amount - max | 2.50% |
| 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? | Yes |
| Do borrowers control deposit in their group? | No |
| % loan amount deposited | 15.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | KES 200 |
| Conditions on access to deposit | Final Pmt |
| Minimum interest rate paid | 0.33% |
| Maximum interest rate paid | 0.50% |
| Interest payment frequency | Annually |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | KES 50,000 | KES 100,000 | KES 200,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-06-14 | 2013-06-19 | 2013-06-27 | ||
| Loan Term (Months) | 12.0 months | 12.0 months | 18.0 months | ||
| Grace Period (Months) | 0.5 months | 0.5 months | 0.4 months | ||
| Total Cost of Credit | KES 13,250 | KES 26,500 | KES 75,000 | ||
| True Price by Comp | |||||
| Interest price component | 38.8% | 38.8% | 39.0% | ||
| Fee Component | 4.1% | 4.1% | 3.0% | ||
| Insurance Component | 5.2% | 5.2% | 3.7% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 29.1% | 22.1% | 18.3% | ||
| Full APR (int fee ins tax dep) | 77.2% | 70.2% | 64.0% | ||
| Transparency Index | 29 | 31 | 34 | ||
| 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 |
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