| 1,561 |
| UGX 500,000 - 6,000,000 |
| 3 - 12 |
| Credit Educ, Group Mtgs, Credit Ins |
| 46.0% annual, Flat |
| 1.00% upfront |
| None |
| None |
| 10.0% upfront |
| 7.9% - 78.9% |
| 2.0% - 12.2% |
| 0 - 1.5% |
| 0 |
| 49.6% - 91.1% |
| 36 - 167 |
| 62 |
| Outstanding portfolio (UGX) | UGX 5,069,679,400 |
| Portfolio (USD) | USD 2,007,793.82 |
| Active Clients with Loans | 1,561 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 60% - 80% |
| Individual | |
| Solidarity group | x |
| 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 | x |
| Group meetings | x |
| 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 | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 4 |
| # Regions for this product | N/A |
| Regions Active |
| Currency | UGX |
| Minimum loan size | UGX 500,000 |
| Maximum loan size | 6,000,000 |
| Loans less than UGX 1,000,000 | 40% |
| UGX 1,000,000-5,000,000 | 30% |
| UGX 5,000,000-7,500,000 | 30% |
| UGX 7,500,000-10,000,000 | 0 |
| UGX 10,000,000-13,000,000 | 0 |
| Greater than UGX 13,000,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 12.0 months |
| Approx average | 8.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 10% |
| Between 7 and 9 months | 30% |
| Between 10 and 12 months | 60% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 46.00% |
| Highest quoted nominal interest | 46.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Application Fee |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| 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 | 10.00% |
| 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 | 3.00% |
| Maximum interest rate paid | 3.00% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | UGX 700,000 | UGX 1,500,000 | UGX 3,000,000 | UGX 6,000,000 | |||
| Loan Cycle (1, 2, 3, etc) | 1 | 2 | 3 | 2 | |||
| Disbursement Date | 2012-06-13 | 2012-06-11 | 2012-07-24 | 2012-08-13 | |||
| Loan Term (Months) | 7.0 months | 12.0 months | 12.0 months | 8.0 months | |||
| Grace Period (Months) | 1.0 month | 1.1 months | 1.0 month | 1.1 months | |||
| Total Cost of Credit | UGX 193,200 | UGX 360,812.52 | UGX 937,151.72 | UGX 1,903,989.04 | |||
| True Price by Comp | |||||||
| Interest price component | 74.1% | 39.6% | 51.5% | 72.9% | |||
| Fee Component | 3.2% | 2.0% | 2.0% | 2.8% | |||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 13.8% | 8.0% | 9.9% | 13.2% | |||
| Full APR (int fee ins tax dep) | 91.1% | 49.6% | 63.4% | 88.9% | |||
| Transparency Index | 50 | 93 | 73 | 52 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
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| X Axis | ||||||
|---|---|---|---|---|---|---|
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| From 0 to | ||||||
| to | ||||||
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| to ∞ | ||||||
