2. OCSSCO
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

Oromia Credit & Savings S.C Bole RoadNr Damu HotelAddis AbabaPO BOX 19853
Data approved: 2011-12-23
Data version: 1
Age of data: 157 months

Product

Urban Petty Trading Loan Product 3 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 169,260,000
Portfolio (USD)USD 9,198,913.04
Active Clients with Loans29,000
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This is a loan for petty trades with various business purposes
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other trainingx
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyETB
Minimum loan sizeETB 2,000
Maximum loan size5,000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term12.0 months
Approx average8.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest10.00%
Highest quoted nominal interest15.00%
Reason(s) why interest rate variesNot stated
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/a
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Insurance
% of loan amount - min1.00%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation1% scheme cancels repayments if death. 1.5% scheme cancels repayments & pays the family money.
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
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

Urban Petty Trading Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountETB 2,000ETB 3,500ETB 4,000ETB 4,200
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-08-102011-08-102011-08-102011-05-31
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 Component23.8%23.8%23.8%31.2%
Insurance Component2.0%2.0%2.0%2.1%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component4.6%4.6%4.6%6.1%
Full APR (int fee ins tax dep)30.4%30.4%30.4%39.3%
Transparency Index33333325
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Urban Petty Trading Loan Price Graphs


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  2. UCU
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

Union of Savings and Credit Cooperatives (UCU) NyarugengeNyamiramboKigaliPO Box 2998
Data approved: 2012-10-29
Data version: 2
Age of data: 143 months
Choose version

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?Yes
Website addressN/A
Year established2005
Head of InstitutionNdahayo Jules Theoneste
Regions activeGakenke, Gasabo, Kicukiro, Musanze, Ngororero, Nyabihu, Nyamagabe, Nyanza, Nyarugenge, Ruhango
# Branches0

Total Portfolio (nat'l)RWF 1,026,255,074
Total Portfolio (USD)USD 1,710,425.12
Active clients with loans3,391
Approximate % female clients20% - 40%
Approximate % urban clients0% - 20%
Network affiliationsAMIR, MAIN
FundersLes membres qui libirent les parts sociales, ONG Trocaire, UNCDF, Terrafina

Loan Products » Summary

Decouvert
52 Borrowers
USD 63,333 Portfolio
Active Product
Micro
521 Borrowers
USD 365,000 Portfolio
Active Product
Ordinary
2,738 Borrowers
USD 432,543 Portfolio
Active Product
Youth
80 Borrowers
USD 116,667 Portfolio
Active Product
After purpose saving loan
Retired Product
Decouvert (2 weeks)
Retired Product
Loans < 2 millions RWF
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Decouvert (One Month) Loan RWF 500,000 - 1,500,000 1 0% - 20% 20% - 40% Any Purpose Women, Men, Have business Credit Educ, Credit Ins, Business Training
Microloan RWF 50,000 - 1,999,999 4 - 12 20% - 40% 0% - 20% Any Purpose Women, Men Credit Educ, Credit Ins, Tech Asst Visits, Business Training
Ordinary Loan RWF 2,000,000 - 5,000,000 12 - 18 20% - 40% 0% - 20% Any Purpose Women, Men Credit Educ, Credit Ins, Business Training
Youth Business Loan RWF 50,000 - 2,000,000 4 - 24 20% - 40% 60% - 80% Any Purpose Women, Men, Specific age group Credit Educ, Credit Ins, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Decouvert (One Month) Loan 96.00% annual, Decl Bal 0 Fees 0 Ins None N/A 93.8% 93.8% 100
Microloan 22.80% annual, Decl Bal 0 Fees 0 Ins 18.00% fees 10.00%-15.00% upfront 41% - 41.2% 50.2% - 55.7% 44
Ordinary Loan 22.80% annual, Decl Bal 0 Fees 0 Ins 18.00% fees 10.00%-15.00% upfront 23.6% - 23.8% 29.5% - 31.7% 75
Youth Business Loan 21.60% annual, Decl Bal 0 Fees 0 Ins 18.00% fees 10.00% upfront 22.7% - 24% 28.5% - 30.3% 74
Institution Price Graph
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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
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