2. DMCPSC
Please note that the information you are viewing is 157 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Digaf Micro Credit Provider SC Head OfficeAddis AbabaPO Box 31698
Data approved: 2011-12-23
Data version: 1
Age of data: 157 months

Product

General Loan Product 1 of 1 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 1,269,733
Portfolio (USD)USD 69,007.23
Active Clients with Loans1,269
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
This consists of a Merchandise Loan, Petty Trade Loan, Service Loan, & Consumption Loan
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loanx
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
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 workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyETB
Minimum loan sizeETB 300
Maximum loan size10,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term12.0 months
Approx average12.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest16.00%
Highest quoted nominal interest16.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
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
Ins 1
DescriptionInsurance for 1st Cycle Loan
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
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?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedETB 5
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

General Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountETB 1,000ETB 2,500ETB 5,000ETB 9,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-06-302011-07-302011-07-302010-12-30
Loan Term (Months)12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component28.3%29.3%28.3%28.5%
Insurance Component2.0%2.0%2.0%2.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component7.0%6.2%5.6%5.6%
Full APR (int fee ins tax dep)37.3%37.4%35.9%36.1%
Transparency Index43434544
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
General Loan Price Graphs


Click to view Price Analysis Tool
Institution # Borrowers Portfolio (US$) Products Age of Data
ACB-SA4,3351,476,2886143
Comicoka827758,4354143
COOJAD511823,2156143
COOPEDU2,0297,549,8359143
Duterimbere6,6074,365,0443143
Goshen2,0763,716,0085160
Inkingi2,6482,593,3665160
RML4,9603,473,7813143
UCU3,3911,603,5244143
Urwego37,90014,755,0006
Vision Finance14,2263,474,6466160
Wisigara2,177904,7083143
Zamuka253124,4453143
Zigama CSS53,80659,670,7532160
Caps / Zoom options
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
Loading...
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

Total Borrowers of Samples

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