Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.maata-n-tudu.org/ |
Year established | 1993 |
Head of Institution | Konlan Lambongang |
Regions active | Northern Region, Upper East Region, Upper West Region |
# Branches | 3 |
Total Portfolio (nat'l) | GHS 1,855,661 |
Total Portfolio (USD) | USD 941,959.90 |
Active clients with loans | 12,035 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 60% - 80% |
Network affiliations | GHAMFIN, ASSFIN |
Funders | CORDAID, UNDP, Grameen Foundation, Planet Finance |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agro Processing Loan | GHS 50 - 1,000 | 9 | 80% - 100% | 0% - 20% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Grain Banking Loan | GHS 50 - 1,000 | 9 | 80% - 100% | 0% - 20% | Business | Women | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training | |||||||
Trading Loan | GHS 50 - 1,000 | 6 | 80% - 100% | 40% - 60% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agro Processing Loan | 36.00% annual, Flat | 1 Fee | 0 Ins | None | 20.00% upfront | 45.2% - 46% | 59.3% - 60.5% | 60 | ||||||||
Grain Banking Loan | 38.04% annual, Flat | 1 Fee | 0 Ins | None | 20.00% upfront | 38.2% - 38.7% | 47.5% - 48.1% | 79 | ||||||||
Trading Loan | 36.00% annual, Flat | 1 Fee | 0 Ins | None | 20.00% upfront | 51.9% - 56.3% | 71% - 77.1% | 49 |
Outstanding portfolio (BOB) | BOB 415,618,854.90 |
Portfolio (USD) | USD 61,573,163.69 |
Active Clients with Loans | 16,804 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Compra de vivienda, terreno, construcción |
Other (2) | Refacción, remodelación, ampliación, etc. |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 9 |
# Regions for this product | 9 |
Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija |
Currency | BOB |
Minimum loan size | BOB 400 |
Maximum loan size | 200,000 |
Loans less than BOB 10,000 | 5% |
BOB 10,000-40,000 | 60% |
BOB 40,000-70,000 | 30% |
BOB 70,000-100,000 | 5% |
BOB 100,000-125,000 | 0 |
Greater than BOB 125,000 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 60.0 months |
Approx average | 40.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 5% |
Between 13 and 18 months | 5% |
Longer than 18 months | 90% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | x |
Quarterly | x |
Every 6 months | x |
Every 12 months | x |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 17.00% |
Highest quoted nominal interest | 24.50% |
Reason(s) why interest rate varies | Loan Size, Collateral, Plazo |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | BOB 4,000 | BOB 24,450 | BOB 48,000 | BOB 73,000 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2013-12-17 | 2013-06-25 | 2013-12-06 | 2013-08-23 | |||
Loan Term (Months) | 7.0 months | 38.0 months | 17.0 months | 25.0 months | |||
Grace Period (Months) | 0.5 months | 0.3 months | 0.2 months | 0.3 months | |||
Total Cost of Credit | BOB 307.52 | BOB 7,360.27 | BOB 8,999.54 | BOB 17,788.78 | |||
True Price by Comp | |||||||
Interest price component | 22.6% | 17.1% | 23.1% | 21.1% | |||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
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) | 22.6% | 17.1% | 23.1% | 21.1% | |||
Transparency Index | 75 | 99 | 74 | 81 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
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% Products with compulsory deposits |
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