Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.gopportunity.net/ |
Year established | 2006 |
Head of Institution | Mr. James. A. Reiff |
Regions active | |
# Branches | 13 |
Total Portfolio (nat'l) | INR 280,000,000 |
Total Portfolio (USD) | USD 5,283,018.87 |
Active clients with loans | 65,000 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 40% - 60% |
Network affiliations |
Institution Type | Bank |
Is this institution regulated? | Yes |
Website address | http://www.equitybank.co.ke/ |
Year established | 1984 |
Head of Institution | Dr. James Mwangi |
Regions active | Central, Coast, Eastern, Nairobi, North Eastern, Nyanza, Rift Valley, Western |
# Branches | 112 |
Total Portfolio (nat'l) | KES 126,533,000,000 |
Total Portfolio (USD) | USD 1,528,176,329 |
Active clients with loans | 655,969 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 40% - 60% |
Network affiliations | AMFI, WWB, MFN, GNBI |
Funders | Helios EB Investor LP (HELIOS), British-American Investments Company (Kenya) Ltd, IFC |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | INR 12,000 - 20,000 | 12 - 24 | 80% - 100% | 0% - 20% | Business, Only for purchase of farm animals | Women | Group Mtgs, Other Training, Training from veterinarian, Health / Social Issue Training | |||||||
Rural Trust Bank | INR 3,000 - 15,000 | 6 - 12 | 80% - 100% | 0% - 20% | Business | Women, Have business | Group Mtgs, Tech Asst Visits, Business Training, Other Training, Health / Social Issue Training | |||||||
Student Loan | INR 3,000 - 5,000 | 12 | 80% - 100% | 60% - 80% | Business, Education | Women, Must have children of a qualified age in school, Must have completed one loan cycle with the MFI | Other Training, Scholarships are available, some reserved for top scorers and others reserved for female students | |||||||
Urban Trust Bank | INR 3,000 - 25,000 | 6 - 12 | 80% - 100% | 80% - 100% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Health / Social Issue Training |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Commercial Loan | KES 100,000 - 4,000,000,000 | 1 - 36 | 20% - 40% | 0% - 20% | Agriculture, Purchase of farm inputs and farm machinery. | Women, Men, Must be in commercial farming for over a year, Active account with Equity | Credit Ins | |||||||
Asset Finance Loan | KES 100,000 - 4,000,000,000 | 1 - 48 | 20% - 40% | 40% - 60% | Business, Loan specifically used for purchase of assets. | Women, Men, Equity customer for at least a month or other bank statement, Purchased asset is used as loan security | Credit Ins | |||||||
Biashara Imara Loan | KES 5,000 - 500,000 | 1 - 18 | 20% - 40% | 20% - 40% | Business | Women, Men, Have business, Operated the business for over a year | Credit Ins, Tech Asst Visits, Business Training | |||||||
Business Loan | KES 300,000 - 4,000,000,000 | 1 - 60 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business, Operated the business for over a year, Active account for over 6 mos with Equity or other bank | Credit Ins | |||||||
Fanikisha - Imara - Loan | KES 30,000 - 500,000 | 1 - 18 | 100% | 20% - 40% | Business | Women, Have business | Credit Ins, Tech Asst Visits, Business Training, Access to business improvement training at discount rates. | |||||||
Fanikisha - Shaba - Loan | KES 1,000 - 300,000 | 6 - 18 | 100% | 0% - 20% | Business | Women | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training | |||||||
Farm Input Loan | KES 1,000 - 100,000 | 1 - 12 | 20% - 40% | 0% | Business, Purchase of farm inputs | Women, Men, Must be in small scale or commercial farming, Active Equity Bank account | Credit Ins | |||||||
Insurance Premium Finance Loan | KES 5,000 - 4,000,000,000 | 4 - 10 | 0% - 20% | 40% - 60% | Can only be used for financing insurance premiums. | Women, Men | ||||||||
Vijana Business Loan | KES 1,000 - 100,000 | 1 - 12 | 20% - 40% | 20% - 40% | Business | Women, Men, Have business, Specific age group, Must have undergone group training, Mustbe 18-35 years old | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training |
Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | 0% | 25.5% - 25.7% | 25.5% - 25.7% | N/A | ||||||||||
Rural Trust Bank | 0% | 30.4% - 39.3% | 30.4% - 39.3% | N/A | ||||||||||
Student Loan | 0% | 28.3% - 28.6% | 28.3% - 28.6% | N/A | ||||||||||
Urban Trust Bank | 0% | 29.2% - 42.3% | 29.2% - 42.3% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | 12.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 25.5% - 25.7% | 25.5% - 25.7% | 47 | ||||||||
Rural Trust Bank | 12.0%-15.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 30.4% - 39.3% | 30.4% - 39.3% | 34 | ||||||||
Student Loan | 15.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 28.3% - 28.6% | 28.3% - 28.6% | 52 | ||||||||
Urban Trust Bank | 12.0%-15.5% annual, Flat | 1 Fee | 1 Ins | None | N/A | 29.2% - 42.3% | 29.2% - 42.3% | 33 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Commercial Loan | 18.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 21.3% - 24.9% | 21.7% - 26.5% | 77 | ||||||||
Asset Finance Loan | 8.5%-10.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 20% - 20.8% | 20.4% - 21.5% | 40 | ||||||||
Biashara Imara Loan | 20.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 37.4% - 44% | 38.5% - 46.3% | 49 | ||||||||
Business Loan | 18.0%-20.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 21.3% - 25% | 21.8% - 26.2% | 75 | ||||||||
Fanikisha - Imara - Loan | 20.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 36.8% - 44.3% | 37.7% - 46.6% | 49 | ||||||||
Fanikisha - Shaba - Loan | 20.0% annual, Decl Bal | 1 Fee | 1 Ins | None | 10.0% upfront | 35.7% - 41.9% | 43.9% - 52.7% | 42 | ||||||||
Farm Input Loan | 19.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 25.6% - 40.3% | 27.1% - 41.6% | 57 | ||||||||
Insurance Premium Finance Loan | 12.6%-13.5% annual, Flat | 0 Fees | 0 Ins | None | N/A | 27.2% - 27.3% | 27.2% - 27.3% | 46 | ||||||||
Vijana Business Loan | 8.0% annual, Flat | 1 Fee | 1 Ins | None | 15.0% upfront | 13.4% - 13.9% | 20.3% - 21.8% | 38 |
Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | 0% | 25.5% - 25.7% | 25.5% - 25.7% | N/A | ||||||||||
Rural Trust Bank | 0% | 30.4% - 39.3% | 30.4% - 39.3% | N/A | ||||||||||
Student Loan | 0% | 28.3% - 28.6% | 28.3% - 28.6% | N/A | ||||||||||
Urban Trust Bank | 0% | 29.2% - 42.3% | 29.2% - 42.3% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Livestock Loan | 12.0% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 25.5% - 25.7% | 25.5% - 25.7% | 47 | ||||||||
Rural Trust Bank | 12.0%-15.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 30.4% - 39.3% | 30.4% - 39.3% | 34 | ||||||||
Student Loan | 15.0% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 28.3% - 28.6% | 28.3% - 28.6% | 52 | ||||||||
Urban Trust Bank | 12.0%-15.5% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 29.2% - 42.3% | 29.2% - 42.3% | 33 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Commercial Loan | 18.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 21.3% - 24.9% | 21.7% - 26.5% | 77 | ||||||||
Asset Finance Loan | 8.5%-10.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 20% - 20.8% | 20.4% - 21.5% | 40 | ||||||||
Biashara Imara Loan | 20.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 37.4% - 44% | 38.5% - 46.3% | 49 | ||||||||
Business Loan | 18.0%-20.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 21.3% - 25% | 21.8% - 26.2% | 75 | ||||||||
Fanikisha - Imara - Loan | 20.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 36.8% - 44.3% | 37.7% - 46.6% | 49 | ||||||||
Fanikisha - Shaba - Loan | 20.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 10.0% upfront | 35.7% - 41.9% | 43.9% - 52.7% | 42 | ||||||||
Farm Input Loan | 19.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 25.6% - 40.3% | 27.1% - 41.6% | 57 | ||||||||
Insurance Premium Finance Loan | 12.6%-13.5% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 27.2% - 27.3% | 27.2% - 27.3% | 46 | ||||||||
Vijana Business Loan | 8.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 15.0% upfront | 13.4% - 13.9% | 20.3% - 21.8% | 38 |
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 | ||||||
---|---|---|---|---|---|---|
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 ∞ |