Business Initiative and Management Assistance Services (BIMAS) - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 146 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Business Initiative and Management Assistance Services (BIMAS) 2299 EmbuKenya60100

Data approved: 2010-09-14

Data version: 1

Age of data: - months

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Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	N/A
Year established	1997
Head of Institution	Patrick Gathondu
Regions active	0
# Branches	5

Total Portfolio (nat'l)	KES 217,413,552
Total Portfolio (USD)	USD 2,625,767.54
Active clients with loans	11,645
Approximate % female clients	40% - 60%
Approximate % urban clients	40% - 60%
Network affiliations
Funders

Loan Products » Summary

Hitimu

256 Borrowers

USD 34,515.71 Portfolio

Active Product

Imarika

242 Borrowers

USD 144,840.23 Portfolio

Active Product

Mama Plus

700 Borrowers

USD 132,300.70 Portfolio

Active Product

Mifugo

132 Borrowers

USD 47,793.73 Portfolio

Active Product

Msingi

9,794 Borrowers

USD 2,025,178.84 Portfolio

Active Product

Upesi

288 Borrowers

USD 15,867.10 Portfolio

Active Product

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Hitimu Loan	KES 15,000 - 30,000	6 - 12	40% - 60%	40% - 60%	Business	Women, Men	Credit Educ, Group Mtgs, Credit Ins, Business Training
Imarika Loan	KES 50,000 - 2,000,000	3 - 18	40% - 60%	40% - 60%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Mama Plus Loan	KES 10,000 - 100,000	6 - 12	80% - 100%	40% - 60%	Business	Women, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Mifugo Loan	KES 50,000 - 80,000	9 - 12	40% - 60%	40% - 60%	Business, Agricultural loan	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Msingi Loan	KES 20,000 - 1,000,000	3 - 18	40% - 60%	40% - 60%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Upesi Loan	KES 10,000 - 20,000	3 - 6	40% - 60%	40% - 60%	Business, Other	Women, Men, Have business	Credit Educ, Group Mtgs, Business Training

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Hitimu Loan	17.0% annual, Flat	1 Fee	1 Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Imarika Loan	17.0% annual, Flat	1 Fee	1 Ins	None	4,000.00 upfront 200.00 ongoing	0%	0%	N/A
Mama Plus Loan	8.0% annual, Flat	1 Fee	1 Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Mifugo Loan	17.0% annual, Flat	1 Fee	1 Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Msingi Loan	17.0% annual, Flat	0 Fees	0 Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Upesi Loan	24.0% annual, Flat	1 Fee	0 Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A

Institution Price Graph

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Please note that the information you are viewing is 125 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FINCA J. Jabbarli str. 44Baku, AzerbaijanAZ 1065

Data approved: 2014-10-10

Data version: 3

Age of data: 125 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (AZN)	AZN 56,083
Portfolio (USD)	USD 71,901.28
Active Clients with Loans	3
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	40% - 60%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Available to entrepreneurs engaged in trade, manufacturing or service industries.

Loan Purpose

Any purpose
Income generation	x
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 services	x

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	8
# Regions for this product	8
Regions Active	Absheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-Shirvan, Nakhichevan

Loan Conditions

Loan Amount

Currency	AZN
Minimum loan size	AZN 4,000
Maximum loan size	80,000

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	60.0 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	30%
Between 13 and 18 months	0
Longer than 18 months	70%

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	20.00%
Highest quoted nominal interest	23.00%
Reason(s) why interest rate varies	Loan Size
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Commmission Fee
% of loan amount - min	1.00%
% of loan amount - max	2.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	2% upto the Loan amount AZN 20,000 and 1% for the loan amount more than AZN 20,000
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 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?

Full Pricing Data

SME Loan (AZN) samples

No sample data for this product

SME Loan (AZN) Price Graphs

No sample data for this product

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
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	Less or equal to:
	From 0 to
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Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » Pricing Information

Institution Price Graph

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

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

Full Pricing Data

SME Loan (AZN) samples

SME Loan (AZN) Price Graphs

Total Borrowers of Samples

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