2. TCCU
Please note that the information you are viewing is 137 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. PRASAC
Please note that the information you are viewing is 137 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Tamale Community Credit Union Head OfficeTamale, Northern Region
Data approved: 2013-04-29
Data version: 2
Age of data: 137 months
Choose version

Institution

PRASAC Building 212, Street 271, Sangkat Tuol Tumpoung IIKhan ChamkarmornPhnom Penh
Data approved: 2013-03-25
Data version: 3
Age of data: 137 months
Choose version

Product

Business Loan Product 1 of 3 « Prev | Next »

Product

Consumption Loan (USD) Product 7 of 9 « Prev | Next »

Product Summary

Number borrowers89
Loan Amount (range)GHS 150 - 10,000
Loan Term (range)1 - 18
Other Services (text summary)Group Mtgs
Annual Interest & Method36.00% annual, Decl Bal
Fees1.00% upfront
Insurance0.50%-1.20% upfront
TaxNone
Comp Dep50.00% upfront
Range of pricing 
Interest Price Component36.0% - 59.4%
Fee Component1.5% - 4.2%
Insurance Component0 - 2.5%
Tax Component Range0
Full APR (int fee ins tax dep)162.3% - 175.1%
Transparency Index (min/max)21 - 48
Transparency Index (average)21

Product Summary

23,576
USD 75 - 25,000
4 - 48
19.2%-32.4% annual, Decl Bal
None
None
None
N/A
 
14.5% - 34.8%
0
0
0
21.7% - 32.4%
52 - 100
73

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 32,000
Portfolio (USD)USD 16,243.65
Active Clients with Loans89
Approximate % Female Clients40% - 60%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help groupx
Other
Description
Designed for individuals starting businesses or financing an existing business.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
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 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 ActiveNorthern Region

Product Details

Key Statistics
Outstanding portfolio (USD)USD 47,278,739
Portfolio (USD)USD 47,278,739
Active Clients with Loans23,576
Approximate % Female Clients60% - 80%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This loan will be used for consumption suach as buying electronic equipment pay school fee, married, house improvement. Client who want to borrow this loan must have business that can generate profit to pay back the loan.
Loan Purpose
Any purpose
Income generation
Mortgage/housingx
Consumer loanx
Agriculture
Educationx
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 landx
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 institution24
# Regions for this product24
Regions ActiveBanteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh Kong, KepKratié, Mondulkiri , Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey Veng, RatanakiriSiem Reap, Stung Treng, Svay Rieng, Takéo

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 150
Maximum loan size10,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,00030%
GHS 1,000-5,00030%
GHS 5,000-7,50020%
GHS 7,500-10,00020%
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term18.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less20%
Between 4 and 6 months20%
Between 7 and 9 months10%
Between 10 and 12 months20%
Between 13 and 18 months30%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
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
CurrencyUSD
Minimum loan sizeUSD 75
Maximum loan size25,000
Distribution at Disbursement (Est.)
Loans less than USD 2500
USD 250-1,0005%
USD 1,000-1,5005%
USD 1,500-2,00010%
USD 2,000-2,50010%
Greater than USD 2,50010%
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term48.0 months
Approx average25.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months5%
Between 10 and 12 months5%
Between 13 and 18 months5%
Longer than 18 months80%
Grace Period
Grace period usage10%
Average grace period2.0 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 interest3.00%
Highest quoted nominal interest3.00%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
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
Ins 1
DescriptionLoan Protection Plan Fee
% of loan amount - min0.50%
% of loan amount - max1.20%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationExact Calculation = (Principal X No. of Monthly Repayments) / 1000
Appears on Repayment Sched?Yes
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 deposited50.00%
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositEnd Term
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

Pricing Information

Interest
Lowest quoted nominal interest1.60%
Highest quoted nominal interest2.70%
Reason(s) why interest rate variesLoan Size
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
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?No

Full Pricing Data

Business Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountGHS 400GHS 1,000GHS 2,000GHS 3,000GHS 5,000GHS 8,000
Loan Cycle (1, 2, 3, etc)111566
Disbursement Date2013-02-142013-03-262012-11-302012-12-142013-03-202013-03-08
Loan Term (Months)5.0 months12.0 months12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditGHS 42GHS 217GHS 434GHS 651GHS 1,085GHS 1,736
True Price by Comp           
Interest price component36.0%36.0%36.0%36.0%36.0%36.0%
Fee Component4.2%2.1%2.1%2.1%2.1%2.1%
Insurance Component2.2%2.5%2.5%2.5%2.5%2.5%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component132.7%121.7%121.7%121.7%121.7%121.7%
Full APR (int fee ins tax dep)175.1%162.3%162.3%162.3%162.3%162.3%
Transparency Index212222222222
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF

Full Pricing Data

Consumption Loan (USD) samples
Sample 3Sample 4Sample 5Sample 6
Loan AmountUSD 300USD 600USD 1,700USD 3,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-02-122013-01-022012-08-302013-03-18
Loan Term (Months)10.0 months12.0 months15.0 months37.0 months
Grace Period (Months)-0.2 months0.0 months-0.4 months0.0 months
Total Cost of CreditUSD 43.27USD 102.36USD 246.53USD 1,008.13
True Price by Comp       
Interest price component32.4%31.2%22.9%21.7%
Fee Component0.0%0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)32.4%31.2%22.9%21.7%
Transparency Index59618488
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Business Loan Price Graphs


Click to view Price Analysis Tool
Consumption Loan (USD) Price Graphs


Click to view Price Analysis Tool
Caps / Zoom options
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
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to ∞