2. Sidama
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
  2. COOPEDU
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

Sidama MFI Head OfficeHawassaPO Box 565
Data approved: 2011-12-23
Data version: 1
Age of data: 157 months

Institution

COOPEDU District KICUKIROKIGALIB.P 4053 KIGALI
Data approved: 2011-09-16
Data version: 1
Age of data: -   months 
Choose version

Product

Housing Loan Product 3 of 6 « Prev | Next »

Product

Credit Femmes Entrepreneurs Product 5 of 9 « Prev | Next »

Product Summary

Number borrowers8,465
Loan Amount (range)ETB 10,000 - 100,000
Loan Term (range)12 - 24
Other Services (text summary)Credit Ins
Annual Interest & Method15.0%-18.0% annual, Flat
Fees2.00% upfront
Insuranceupfront
TaxNone
Comp Dep6.0% upfront 20.00 ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component28.7% - 35.6% (Int+Fee)
Insurance Component1.1% - 4.1%
Tax Component Range0
Full APR (int fee ins tax dep)34.5% - 44.2%
Transparency Index (min/max)25 - 55
Transparency Index (average)41

Product Summary

250
RWF 300,000 - 2,000,000
6 - 12
13.20%-0.00% annual, Flat
 
N/A
57.9% - 59.0% (Int+Fee)
0 - 22.8%
-22.8% - 11.7%
109.9% - 111.1%
0 - N/A

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 555,000
Portfolio (USD)USD 30,163.04
Active Clients with Loans8,465
Approximate % Female Clients0% - 20%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This loan is for those who want to build and maintain their houses. This is for individuals.
Loan Purpose
Any purpose
Income generation
Mortgage/housingx
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or landx
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

Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 105,292,980
Portfolio (USD)USD 178,463
Active Clients with Loans250
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
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 generationx
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
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherEtre membre de la COOPEDU depuis au moins 1 mois
Other (2)Bloquer une ?pargne obligatoire de 30% du montant de pr?t demand?
# 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 10,000
Maximum loan size100,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term24.0 months
Approx average24.0 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

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan sizeRWF 300,000
Maximum loan size2,000,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average0
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage30%
Average grace period0.3 months
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 interest15.00%
Highest quoted nominal interest18.00%
Reason(s) why interest rate varies18% for loans that are 12 months, 15% for loans that are 24 months
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 variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionLoan Insurance
% of loan amount - min0
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationThe MFI provides insurance for loans <30,000 ETB. Loans >30,000 birr are insured by external provider
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?
Deposit BEFORE or AT Disbursement
% loan amount deposited6.00% - N/A
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedETB 20 - N/A
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
Additional Comments
Interest on saving is compounded on quarterly basis.

Pricing Information

Interest
Lowest quoted nominal interest1.10%
Highest quoted nominal interest1.10%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCommission sur pret
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1Ins 2
DescriptionCommission on insuranceCredit life - depends on age, loan amount, loan term
% of loan amount - min01.00%
% of loan amount - max010.00%
OR, Fixed amount - min1,0000
Fixed amount - max1,0000
Reason for variation
Appears on Repayment Sched?
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 deposited30.00% - N/A
or, Fixed-amount deposited0 - N/A
Deposits DURING period payments
% loan amount deposited20.00% - N/A
or, Fixed-amount deposited0 - N/A
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees0
All or some fees taxedN/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

Housing Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountETB 12,000ETB 12,000ETB 16,000ETB 20,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-08-112011-08-102011-08-102011-08-05
Loan Term (Months)24.0 months24.0 months24.0 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 Component28.7%28.7%28.7%35.6%
Insurance Component2.2%2.2%2.2%4.1%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component3.7%3.7%3.5%4.4%
Full APR (int fee ins tax dep)34.6%34.6%34.5%44.2%
Transparency Index43434434
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Credit Femmes Entrepreneurs samples
Sample 1Sample 2Sample 3
Loan AmountRWF 500,000RWF 800,000RWF 2,000,000
Loan Cycle (1, 2, 3, etc)111
Disbursement Date2012-05-312012-02-092012-02-28
Loan Term (Months)12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component58.6%59.0%57.9%
Insurance Component1.4%0.8%1.7%
Tax Component0.4%0.4%0.4%
Deposit Component50.7%50.4%50.0%
Full APR (int fee ins tax dep)111.1%110.6%109.9%
Transparency Index121212
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Housing Loan Price Graphs


Click to view Price Analysis Tool
Credit Femmes Entrepreneurs Price Graphs


Click to view Price Analysis Tool
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 ∞