- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AGFS	200	47,000	2	155
Ahantaman RB	23,800	9,896,000	4	137
APED	13,700	1,876,000	2	137
ASA Initiative	4,400	577,000	4	137
ASA-Ghana	71,600	18,385,000	2	137
ASPI	800	88,000	6	137
Atwima Kwanwoma	3,800	1,788,000	2	137
Baobab	5,100	967,000	2	137
BestFUND	13,000	4,172,000	3	137
Bonzali Rural	10,400	1,691,000	4	155
CashPhase	83	135,000	2	137
CASUD	1,100	524,000	1	137
CEDEF	500	54,000	4	137
CFF	100	13,000	1	137
CRAN	3,600	1,019,000	2	137
DQF	1,700	63,000	2	137
EASL	9,200	11,409,000	6	137
East Mamprusi	12,500	2,268,000	4	137
ELDA	0	0	0	137
EMPRETEC Ghana	200	56,000	2	137
FASL	13,500	14,047,000	8	137
Grameen Ghana	9,500	507,000	3	137
ID-Ghana	5,600	953,000	3	137
Innovative Finance	2,700	354,000	3	137
Kraban Support	7,700	781,000	5	155
KRB	4,000	6,350,000	3	137
Lower Pra RB	34,000	6,316,000	3	155
Maata-N-Tudu	12,000	941,000	4	137
Mail Finance	300	288,000	1	137
Markaz	0	0	0	137
Markaz Al Bishara	100	17,000	1	137
MicrofinPlus Gh	1,100	251,000	2	137
Nwabiagya RB	4,000	2,265,000	3	137
OISL	62,000	27,232,000	9	137
Pro Credit	0	0	0	137
Rich Step	100	101,000	1	137
SAT	147,600	29,359,000	4	137
Sekam Trust	600	137,000	2	137
Simli Pong	8,900	463,000	3	155
SS Ghana	200	35,000	1	137
TCCU	100	32,000	3	137
The Bridge	400	32,000	3	155
Union RB	3,800	2,361,000	4	137

Please note that the information you are viewing is 131 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Attawfiq MF 3, rue Docteur VeyreRésidence PatioCasablanca, 20070

Data approved: 2013-09-12

Data version: 1

Age of data: 131 months

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Product

Attajhiz Al Hirafi Product 8 of 10 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (MAD)	MAD 15,880,000
Portfolio (USD)	USD 1,868,235.29
Active Clients with Loans	1,305
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

ATTAJHIJ AL HIRAFI est un prêt individuel consenti aux micro-entrepreneurs désirant acquérir un véhicule pour développer leurs activités.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other	Financement de l'acquisition de véhicules
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance
Workplace visits	x
Business training	x
Other training	x
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business	x
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 institution	12
# Regions for this product	12
Regions Active	Tangier-Tétouan, East and the Rif, Fes-Meknes, Rabat-Sale-Kenitra, Beni Mellal-Khenifra, Settat-Casablanca, Marrakesh-Safi, Drâa-Tafilalt, Souss-Massa, Guelmim-Oued NounEl Aiun-Saguia al Hamra, Dakhla-Oued Addahab

Loan Conditions

Loan Amount

Currency	MAD
Minimum loan size	MAD 7,000
Maximum loan size	50,000

Distribution at Disbursement (Est.)

Loans less than MAD 5,000	0
MAD 5,000-15,000	60%
MAD 15,000-25,000	20%
MAD 25,000-35,000	5%
MAD 35,000-45,000	5%
Greater than MAD 45,000	5%

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	48.0 months
Approx average	24.0 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	10%
Between 13 and 18 months	30%
Longer than 18 months	60%

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly	x
Every 2 weeks	x
Every 4 weeks	x
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	1.40%
Highest quoted nominal interest	1.40%
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1	Fee 2
Description	Frais de dossier	Commission d'accompagnement solidaire (CAS)
% of loan amount - min	0	1.50%
% of loan amount - max	0	1.50%
OR, Fixed amount - min	250	0
Fixed amount - max	250	0
Reason for variation	N/A	N/A
Appears on Repayment Sched?	Yes	Yes

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 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

Are taxes charged on this product?

Additional Comments

Le client doit être de nationalité marocaine, âgé de 18 ans au moins, être apte à exercer une activité génératrice de revenu et avoir un historique de crédit solide.

Full Pricing Data

Attajhiz Al Hirafi samples

	Sample 1	Sample 2	Sample 3
Loan Amount	MAD 11,000	MAD 20,000	MAD 25,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2013-03-28	2013-01-09	2013-02-26
Loan Term (Months)	23.0 months	28.0 months	23.0 months
Grace Period (Months)	0.4 months	0.4 months	0.4 months
Total Cost of Credit	MAD 2,367	MAD 6,159	MAD 5,089
True Price by Comp
Interest price component	16.9%	21.4%	16.9%
Fee Component	4.1%	2.6%	2.7%
Insurance Component	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	21.0%	24.0%	19.6%
Transparency Index	80	70	86

Original Repayment Schedule	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF

Attajhiz Al Hirafi 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

	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

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

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Additional Comments

Full Pricing Data

Attajhiz Al Hirafi samples

Attajhiz Al Hirafi Price Graphs

Total Borrowers of Samples

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