Please note that the information you are viewing is
143 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2011-09-16
Data version: 1
Age of data: - months
Key Statistics
| Outstanding portfolio (RWF) | RWF 105,292,980 |
| Portfolio (USD) | USD 178,463 |
| Active Clients with Loans | 250 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
Methodology
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other | |
Description
B?n?ficiaires: Les femmes entrepreneurs. Le montant minimum est de 300 000 Frw et le montant maximum est de 2 000 000 Frw. Le taux d'int?r?t est de 1,1% par mois. La garantie est constitu?e de biens mobiliers. \r
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) | |
Included Services
| Credit education | |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services | |
Eligibility
| 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 | Etre membre de la COOPEDU depuis au moins 1 mois |
| Other (2) | Bloquer une ?pargne obligatoire de 30% du montant de pr?t demand? |
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 300,000 |
| Maximum loan size | 2,000,000 |
Loan Term and Grace Period
| Shortest loan term | 6.0 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 | 30% |
| Average grace period | 0.3 months |
Repayment Frequency
| 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 | |
Pricing Information
Interest
| Lowest quoted nominal interest | 1.10% |
| Highest quoted nominal interest | 1.10% |
| 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 | Commission sur pret |
| % 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 feesUpfront Insurance Fees
| Ins 1 | | Ins 2 |
|---|
| Description | Commission on insurance | | Credit life - depends on age, loan amount, loan term |
| % of loan amount - min | 0 | | 1.00% |
| % of loan amount - max | 0 | | 10.00% |
| OR, Fixed amount - min | 1,000 | | 0 |
| Fixed amount - max | 1,000 | | 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 | 30.00% - N/A |
| or, Fixed-amount deposited | 0 - N/A |
Deposits DURING period payments
| % loan amount deposited | 20.00% - N/A |
| or, Fixed-amount deposited | 0 - N/A |
| Conditions on access to deposit | End Term |
Interest Paid on Deposit
| Minimum interest rate paid | 0 |
| Maximum interest rate paid | 0 |
| Interest payment frequency | N/A |
Taxes
| Are taxes charged on this product? | Yes |
| Percentage of fees | 0 |
| All or some fees taxed | N/A |
Additional Comments
L'emprunteur donne les biens mobiliers comme garantie pour ce type de pr?t. During the loan term the borrower must save a total of 2% of the loan amount, divided equally between each payment period.\r
Full Pricing Data
Credit Femmes Entrepreneurs samples
| Sample 1 | | Sample 2 | | Sample 3 |
|---|
| Loan Amount | RWF 500,000 | | RWF 800,000 | | RWF 2,000,000 |
| Loan Cycle (1, 2, 3, etc) | 1 | | 1 | | 1 |
| Disbursement Date | 2012-05-31 | | 2012-02-09 | | 2012-02-28 |
| Loan Term (Months) | 12.0 months | | 12.0 months | | 12.0 months |
| Grace Period (Months) | 0.0 months | | 0.0 months | | 0.0 months |
| Total Cost of Credit | Not Known | | Not Known | | Not Known |
| True Price by Comp | | | | | |
| Interest and Fee Component | 58.6% | | 59.0% | | 57.9% |
| Insurance Component | 1.4% | | 0.8% | | 1.7% |
| Tax Component | 0.4% | | 0.4% | | 0.4% |
| Deposit Component | 50.7% | | 50.4% | | 50.0% |
| Full APR (int fee ins tax dep) | 111.1% | | 110.6% | | 109.9% |
| Transparency Index | 12 | | 12 | | 12 |
| | | | | | |
| Original Repayment Schedule | PDF | | PDF | | PDF |
| MFT Pricing Calculation | PDF | | PDF | | PDF |
Credit Femmes Entrepreneurs Price Graphs
