2. OISL
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. FUBODE
Please note that the information you are viewing is 130 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Opportunity International Savings & Loans Ltd. No. D765/3 Kwame Nkrumah AvenueAccra, Greater AccraPO Box JT 323
Data approved: 2013-03-12
Data version: 2
Age of data: 139 months
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Institution

Fundacion Boliviana Para El Desarrollo AntezaEntre Colombia NO 216Cochabamba
Data approved: 2010-10-28
Data version: 1
Age of data: -   months 
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Product

Salary Loan Product 3 of 10 « Prev | Next »

Product

Microcrédito Productivo Individual (USD) Product 6 of 6 « Prev | Next »

Product Summary

Number borrowers273
Loan Amount (range)GHS 270 - 15,000
Loan Term (range)6 - 24
Other Services (text summary)Credit Educ, Credit Ins
Annual Interest & Method24.0% annual, Flat
Fees3.50% upfront 3.00 upfront
Insurance1.00% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component33.9% - 69.6%
Fee Component2.9% - 24.0%
Insurance Component0.5% - 4.4%
Tax Component Range0
Full APR (int fee ins tax dep)44.6% - 50.6%
Transparency Index (min/max)31 - 88
Transparency Index (average)51

Product Summary

903
USD 200 - 10,000
4 - 48
18.0%-30.0% annual, Decl Bal
None
15.00% Principal
N/A
 
N/A
31.6% - 32.6% (Int+Fee)
0 - 0.5%
0 - 0.4%
31.7% - 33.0%
0 - N/A
55

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 284,584
Portfolio (USD)USD 144,458.88
Active Clients with Loans273
Approximate % Female Clients20% - 40%
Approximate % Urban Clients100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Family loan is designed to provide simple repayment schedule with no collateral for some loans, like Salary loan.
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 insurancex
Workplace visits
Business training
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 workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution6
# Regions for this product6
Regions ActiveGreater Accra Region, Central Region, Western Region, Eastern Region, Ashanti Region, Brong Ahafo Region

Product Details

Key Statistics
Outstanding portfolio (USD)USD 2,532,224
Portfolio (USD)USD 2,532,224
Active Clients with Loans903
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Metodología de crédito direccionado a la provisión de microcréditos a clientes urbanos y rurales dedicados a actividades económicas de: comercio, servicios, pequeña industria y agropecuaria.
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 servicesx
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 270
Maximum loan size15,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,00060%
GHS 1,000-5,00040%
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term24.0 months
Approx average14.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months30%
Between 7 and 9 months10%
Between 10 and 12 months30%
Between 13 and 18 months10%
Longer than 18 months20%
Grace Period
Grace period usage100%
Average grace period1.0 month
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
CurrencyUSD
Minimum loan sizeUSD 200
Maximum loan size10,000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term48.0 months
Approx average18.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular paymentsx

Pricing Information

Interest
Lowest quoted nominal interest24.00%
Highest quoted nominal interest24.00%
Reason(s) why interest rate variesTime as Client, Loan Size, Client Risk, Loan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionProcessing FeeApplication Fee
% of loan amount - min3.50%0
% of loan amount - max3.50%0
OR, Fixed amount - min03
Fixed amount - max03
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation1% of total loan amount, divided and charged equally throughout loan term.
Appears on Repayment Sched?Yes
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
Additional Comments
N/A

Pricing Information

Interest
Lowest quoted nominal interest1.50%
Highest quoted nominal interest2.50%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionComision cobrada en efectivo al momento del desembolso
% of loan amount - min0.30%
% 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
This product has no upfront insurance fees
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?Yes
Percentage of fees0
All or some fees taxedN/A

Full Pricing Data

Salary Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountGHS 300GHS 900GHS 1,639.59GHS 3,200GHS 10,000GHS 5,400
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2012-11-162012-10-102012-09-282012-06-142012-09-272012-10-24
Loan Term (Months)12.0 months24.0 months12.0 months24.0 months24.0 months24.0 months
Grace Period (Months)0.4 months0.0 months0.0 months0.0 months0.0 months0.2 months
Total Cost of CreditGHS 90.66GHS 475.50GHS 470.27GHS 1,683GHS 5,272.92GHS 2,820
True Price by Comp           
Interest price component39.7%40.2%41.1%40.2%40.4%39.5%
Fee Component8.6%4.3%7.4%4.0%4.0%3.9%
Insurance Component1.5%1.2%2.1%1.2%1.1%1.2%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)49.8%45.7%50.6%45.4%45.5%44.6%
Transparency Index485347535354
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF

Full Pricing Data

Microcrédito Productivo Individual (USD) samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUSD 355USD 360USD 1,000USD 1,000USD 1,350USD 2,000
Loan Cycle (1, 2, 3, etc)1Not Known2Not Known11
Disbursement Date2010-05-172011-06-152010-04-052011-07-152010-07-232010-03-04
Loan Term (Months)8.0 months6.0 months18.0 months12.0 months18.0 months24.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component32.6%32.3%31.8%31.6%31.7%31.6%
Insurance Component0.0%0.5%0.0%0.5%0.0%0.0%
Tax Component0.4%0.0%0.2%0.0%0.2%0.2%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)33.0%32.8%32.0%32.1%31.9%31.7%
Transparency IndexN/AN/AN/AN/AN/AN/A
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Salary Loan Price Graphs


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Microcrédito Productivo Individual (USD) 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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