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Institution
Data approved: 2013-04-25
Data version: 1
Age of data: 131 months
Key Statistics
Outstanding portfolio (MAD) | MAD 1,493,000 |
Portfolio (USD) | USD 175,647.06 |
Active Clients with Loans | 155 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 0 |
Methodology
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other | |
Description
Finacement des activit?s de l'?levage, porduit profilit avec un calendrier adapt? aux activit?s de l'?levage
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 | x |
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 | |
Other (2) | |
Portfolio Size by Product
Geographic Coverage
# Regions for this institution | 5 |
# Regions for this product | 2 |
Regions Active | Fes-Meknes, Beni Mellal-Khenifra |
Loan Conditions
Loan Amount
Currency | MAD |
Minimum loan size | MAD 3,000 |
Maximum loan size | 30,000 |
Distribution at Disbursement (Est.)
Loans less than MAD 5,000 | 10% |
MAD 5,000-15,000 | 60% |
MAD 15,000-25,000 | 30% |
MAD 25,000-35,000 | 0 |
MAD 35,000-45,000 | 0 |
Greater than MAD 45,000 | 0 |
Loan Term and Grace Period
Shortest loan term | 6.0 months |
Longest loan term | 18.0 months |
Approx average | 13.0 months |
Distribution at Disbursement (Est.)
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 50% |
Between 13 and 18 months | 50% |
Longer than 18 months | 0 |
Grace Period
Grace period usage | 0 |
Average grace period | 0 |
Repayment Frequency
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | x |
Irregular payments | |
Pricing Information
Interest
Lowest quoted nominal interest | 2.00% |
Highest quoted nominal interest | 2.00% |
Reason(s) why interest rate varies | Time as Client |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Upfront Fees
This product has no upfront feesOngoing Fees
| Fee 1 |
---|
Description | Frais de Dossier |
% of loan amount - min | 2.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Fees that are not mentioned in the "frais dossier" are included in the loan costs since implementation of a new MIS. |
Appears on Repayment Sched? | Yes |
Upfront Insurance Fees
This product has no upfront insurance feesOngoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required for | Never |
Criteria | N/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 deposited | N/A |
or, Fixed-amount deposited | N/A |
Deposits DURING period payments
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Interest Paid on Deposit
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Taxes
Are taxes charged on this product? | No |
Additional Comments
Ce produit avec remboursement infini du capital, selon la nature de l'activit?
Full Pricing Data
Produit Elevage samples
| Sample 1 | | Sample 2 | | Sample 3 | | Sample 4 |
---|
Loan Amount | MAD 2,940 | | MAD 4,900 | | MAD 9,800 | | MAD 19,600 |
Loan Cycle (1, 2, 3, etc) | Not Known | | Not Known | | Not Known | | Not Known |
Disbursement Date | 2013-07-22 | | 2013-07-23 | | 2013-07-23 | | 2013-07-29 |
Loan Term (Months) | 12.0 months | | 12.0 months | | 12.0 months | | 12.0 months |
Grace Period (Months) | 0.0 months | | 0.0 months | | 0.0 months | | 0.0 months |
Total Cost of Credit | MAD 845 | | MAD 1,400 | | MAD 2,800 | | MAD 5,300 |
True Price by Comp | | | | | | | |
Interest price component | 28.8% | | 28.8% | | 28.7% | | 27.7% |
Fee Component | 1.9% | | 1.9% | | 1.9% | | 1.9% |
Insurance Component | 0.0% | | 0.0% | | 0.0% | | 0.0% |
Tax Component | 0.0% | | 0.0% | | 0.0% | | 0.0% |
Deposit Component | 0.0% | | 0.0% | | 0.0% | | 0.0% |
Full APR (int fee ins tax dep) | 30.7% | | 30.7% | | 30.6% | | 29.6% |
Transparency Index | 78 | | 78 | | 79 | | 81 |
| | | | | | | |
Original Repayment Schedule | PDF | | PDF | | PDF | | PDF |
MFT Pricing Calculation | PDF | | PDF | | PDF | | PDF |
Produit Elevage Price Graphs