2. Atwima Kwanwoma
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. LKL
Please note that the information you are viewing is 133 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Atwima Kwanwoma Rural Bank Head OfficeKumasi, AshantiP.O. Box 6921
Data approved: 2013-03-18
Data version: 2
Age of data: 139 months
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Institution

Letshego Kenya Limited P.O. Box 52926 00200Nairobi, Nairobi
Data approved: 2013-09-18
Data version: 2
Age of data: 133 months
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Product

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Product Summary

Number borrowers1,239
Loan Amount (range)GHS 300 - 30,000
Loan Term (range)6 - 12
Other Services (text summary)Credit Educ, Business Training
Annual Interest & Method32.00% annual, Flat
Fees3.00% upfront
InsuranceNone
TaxNone
Comp Dep33.33% upfront
Range of pricing 
Interest Price Component51.8% - 63.2%
Fee Component6.6% - 12.0%
Insurance Component0 - 3.7%
Tax Component Range0
Full APR (int fee ins tax dep)139.1% - 152.3%
Transparency Index (min/max)21 - 30
Transparency Index (average)22

Product Summary

332
KES 3,000 - 10,000
3 - 4
Credit Educ, Other Training
18.0% annual, Flat
100.00-1,000.00 upfront
2.00% upfront
None
N/A
 
25.3% - 51.1%
0 - 10.2%
0 - 9.6%
0
38.6% - 41.2%
25 - 163
45

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 2,452,823.66
Portfolio (USD)USD 1,245,088.15
Active Clients with Loans1,239
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Designed for micro, small, and medium enterprises.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visits
Business trainingx
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 worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveAshanti Region

Product Details

Key Statistics
Outstanding portfolio (KES)KES 1,955,520.42
Portfolio (USD)USD 23,617.40
Active Clients with Loans332
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This product targets exisiting clients to meet short-term needs. Interest is paid upfront.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visits
Business training
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 institution5
# Regions for this product5
Regions ActiveCentral, Coast, Eastern, Nairobi, Rift Valley

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 300
Maximum loan size30,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,0005%
GHS 1,000-5,00050%
GHS 5,000-7,50020%
GHS 7,500-10,00010%
GHS 10,000-13,0005%
Greater than GHS 13,0005%
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months60%
Between 10 and 12 months40%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Dailyx
Weeklyx
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
CurrencyKES
Minimum loan sizeKES 3,000
Maximum loan size10,000
Distribution at Disbursement (Est.)
Loans less than KES 50,000100%
KES 50,000-150,0000
KES 150,000-250,0000
KES 250,000-350,0000
KES 350,000-450,0000
Greater than KES 450,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term4.0 months
Approx average4.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less10%
Between 4 and 6 months90%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage100%
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 interest32.00%
Highest quoted nominal interest32.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min3.00%
% of loan amount - max3.00%
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
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited33.33%
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 paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest1.50%
Highest quoted nominal interest1.50%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionDisbursement Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min100
Fixed amount - max1,000
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% 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?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Susu Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountGHS 300GHS 1,000GHS 1,600GHS 3,000GHS 7,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known35
Disbursement Date2012-11-162013-03-012012-12-132013-02-202012-11-08
Loan Term (Months)6.0 months8.0 months12.0 months10.0 months12.0 months
Grace Period (Months)0.2 months-0.1 months0.0 months-0.1 months0.0 months
Total Cost of CreditGHS 54.75GHS 251.04GHS 631GHS 905.32GHS 2,754
True Price by Comp         
Interest price component54.5%60.1%63.1%59.4%63.2%
Fee Component12.0%9.6%6.6%8.0%6.7%
Insurance Component0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component79.5%82.6%69.4%75.4%69.7%
Full APR (int fee ins tax dep)146.0%152.3%139.1%142.8%139.6%
Transparency Index2221232223
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Emergency samples
Sample 1Sample 2Sample 3
Loan AmountKES 10,000KES 10,000KES 10,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-08-302013-08-052013-07-24
Loan Term (Months)4.3 months4.3 months4.5 months
Grace Period (Months)0.3 months0.3 months0.5 months
Total Cost of CreditKES 900KES 900KES 900
True Price by Comp     
Interest price component26.9%27.0%25.3%
Fee Component4.7%4.6%4.4%
Insurance Component9.5%9.6%8.9%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)41.1%41.2%38.6%
Transparency Index444447
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Susu Loan Price Graphs


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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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