| Outstanding portfolio (GHS) | GHS 1,264,000 |
| Portfolio (USD) | USD 641,624.37 |
| Active Clients with Loans | 6,836 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | x |
| Other | Must be 18 years of age. |
| Other (2) | Must have residence in the community near relevant branch. |
| # Regions for this institution | 1 |
| # Regions for this product | 1 |
| Regions Active | Northern Region |
| Currency | GHS |
| Minimum loan size | GHS 200 |
| Maximum loan size | 1,000 |
| Loans less than GHS 1,000 | 100% |
| GHS 1,000-5,000 | 0 |
| GHS 5,000-7,500 | 0 |
| GHS 7,500-10,000 | 0 |
| GHS 10,000-13,000 | 0 |
| Greater than GHS 13,000 | 0 |
| Shortest loan term | 6.0 months |
| Longest loan term | 8.0 months |
| Approx average | DK |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 50% |
| Between 7 and 9 months | 50% |
| Between 10 and 12 months | 0 |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 100% |
| Average grace period | 0.5 months |
| Daily | |
| Weekly | x |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 20.00% |
| Highest quoted nominal interest | 20.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | Yes |
| Is rate fixed for entire loan term | Yes |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? | No |
| % loan amount deposited | 20.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 6.00% |
| Maximum interest rate paid | 6.00% |
| Interest payment frequency | Annually |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | GHS 200 | GHS 200 | GHS 200 | ||
| Loan Cycle (1, 2, 3, etc) | 1 | 1 | 1 | ||
| Disbursement Date | 2012-09-12 | 2013-02-13 | 2013-03-11 | ||
| Loan Term (Months) | 6.0 months | 6.0 months | 6.0 months | ||
| Grace Period (Months) | 0.5 months | 0.5 months | 0.5 months | ||
| Total Cost of Credit | GHS 40 | GHS 40 | GHS 40 | ||
| True Price by Comp | |||||
| Interest price component | 67.0% | 67.0% | 67.0% | ||
| Fee Component | 0.0% | 0.0% | 0.0% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 30.5% | 30.5% | 30.5% | ||
| Full APR (int fee ins tax dep) | 97.5% | 97.5% | 97.5% | ||
| Transparency Index | 21 | 21 | 21 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.sembrarsartawi.org |
| Year established | 1990 |
| Head of Institution | Marcelo Mallea Castillo |
| Regions active | Chuquisaca , Cochabamba , La Paz , Oruro , PotosÃ, Santa Cruz, Tarija |
| # Branches | 21 |
| Total Portfolio (nat'l) | BOB 181,189,915 |
| Total Portfolio (USD) | USD 26,842,950.37 |
| Active clients with loans | 14,630 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | FINRURAL |
| Funders | Banco de Desarrollo de Holanda |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capital de Inversión | BOB 1,400 - 350,000 | 3 - 36 | 0% - 20% | 20% - 40% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits | |||||||
| Capital de Inversión (USD) | USD 200 - 50,000 | 3 - 36 | 0% - 20% | 20% - 40% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits | |||||||
| Capital de Operaciones | BOB 350 - 350,000 | 3 - 60 | 20% - 40% | 20% - 40% | Business, Agriculture | Women, Men, Have business | Credit Ins, Tech Asst Visits | |||||||
| Capital de Operaciones (USD) | USD 50 - 50,000 | 3 - 60 | 20% - 40% | 20% - 40% | Business, Agriculture | Women, Men, Have business | Credit Ins, Tech Asst Visits | |||||||
| Capital Operaciones - Grupo Solidario | BOB 350 - 350,000 | 3 - 60 | 20% - 40% | 20% - 40% | Business, Agriculture | Women, Men, Have business | Credit Ins, Tech Asst Visits | |||||||
| Libre Disponibilidad | BOB 350 - 21,000 | 6 - 80 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men, Have business, Salaried worker | Credit Educ | |||||||
| Banca Comunal | BOB 700 - 11,000 | 3 - 12 | 40% - 60% | 20% - 40% | Business, Agriculture | Women, Men | Credit Educ |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capital de Inversión | 15.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 22.9% - 31.6% | 23.9% - 33% | 52 | ||||||||
| Capital de Inversión (USD) | 20.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 23.4% - 29.4% | 24.4% - 30.3% | 72 | ||||||||
| Capital de Operaciones | 15.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 18.3% - 31% | 19.2% - 32.5% | 59 | ||||||||
| Capital de Operaciones (USD) | 15.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 17.3% - 28.9% | 19% - 29.9% | 60 | ||||||||
| Capital Operaciones - Grupo Solidario | 27.0%-36.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 31.9% - 35.4% | 33.6% - 37% | 76 | ||||||||
| Libre Disponibilidad | 13.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 17.9% - 25.2% | 19.5% - 26.8% | 56 | ||||||||
| Banca Comunal | 30.0%-36.0% annual, Decl Bal | 1 Fee | 1 Ins | None | 10.0%-20.0% upfront 10.00%-20.00% ongoing | 33% - 37.5% | 50% - 69.9% | 48 |
| Key Statistics | |
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| Loan Portfolio (USD) | |
| % Products using declining balance | |
| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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