2. Jamii Bora
Please note that the information you are viewing is 142 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Jamii Bora P.O. Box 22741-00400Nairobi
Data approved: 2013-07-02
Data version: 2
Age of data: 142 months
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Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.jamiibora.org/
Year established1999
Head of InstitutionMr Samuel Kimani
Regions activeCentral, Coast, Eastern, Nairobi, Nyanza, Rift Valley, Western
# Branches58

Total Portfolio (nat'l)KES 279,407,650
Total Portfolio (USD)USD 3,374,488.53
Active clients with loans2,446
Approximate % female clients40% - 60%
Approximate % urban clients60% - 80%
Network affiliations
Funders

Loan Products » Summary

Daraja Indv
1,004 Borrowers
USD 2,508,031.40 Portfolio
Active Product
Micro Indv
242 Borrowers
USD 204,510.27 Portfolio
Active Product
Daraja Group
58 Borrowers
USD 139,492.75 Portfolio
Active Product
Micro Group
1,142 Borrowers
USD 522,454.11 Portfolio
Active Product
Women
Retired Product
Housing Loan
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Daraja Individual KES 100,001 - 500,000 6 - 24 40% - 60% 40% - 60% Business Women, Men, Have business, Must have taken at least 3 Micro Individual loans with a perfect repayment rate. Credit Educ, Credit Ins, Business Training
Micro Individual KES 5,000 - 100,000 1 - 12 40% - 60% 40% - 60% Business Women, Men, Have business, Must have saved money in a Jamii Bora account for at least six weeks Credit Educ, Credit Ins, Business Training
Daraja Group KES 100,000 - 500,000 24 20% - 40% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training
Micro Group KES 5,000 - 100,000 12 40% - 60% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Daraja Individual 20.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 35.2% 52.1% - 52.2% 38
Micro Individual 22.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 39.4% - 40.1% 61.1% - 63.2% 35
Daraja Group 20.0% annual, Flat 1 Fee 1 Ins None 30.0%-50.0% upfront 36.8% - 37.2% 69.7% - 70.8% 28
Micro Group 22.0% annual, Flat 1 Fee 1 Ins None 30.0%-50.0% upfront 42.7% - 42.8% 89.2% 25
Institution Price Graph
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  2. Nwabiagya RB
Please note that the information you are viewing is 141 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Nwabiagya Rural Bank Limited KumasiAshanti RegionPO Box B170
Data approved: 2013-03-02
Data version: 2
Age of data: 141 months
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Product

Micro Enterprise Loan Product 2 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 2,810,209.34
Portfolio (USD)USD 1,426,502.20
Active Clients with Loans818
Approximate % Female Clients20% - 40%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
These loans are for small entrepreneurs who have accounts with us and have applied for loans. These are artisans, hawkers and those operating small businesses.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visitsx
Business trainingx
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 ActiveAshanti Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 200
Maximum loan size10,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,0000
GHS 1,000-5,00050%
GHS 5,000-7,50030%
GHS 7,500-10,00020%
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average9.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months40%
Between 7 and 9 months40%
Between 10 and 12 months20%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period1.0 month
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 interest2.34%
Highest quoted nominal interest2.34%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCommitment Fee
% of loan amount - min2.00%
% of loan amount - max2.00%
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
DescriptionInsurance 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 Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid13.50%
Maximum interest rate paid15.50%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No

Full Pricing Data

Micro Enterprise Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountGHS 300GHS 600GHS 1,500GHS 3,000GHS 6,000GHS 8,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-03-112013-02-252013-02-152013-02-122013-02-182013-03-05
Loan Term (Months)6.0 months6.0 months6.0 months6.0 months8.0 months8.0 months
Grace Period (Months)0.0 months-0.1 months-0.1 months-0.1 months-0.1 months0.0 months
Total Cost of CreditGHS 51.12GHS 102.24GHS 255.60GHS 511.20GHS 1,303.20GHS 1,737.60
True Price by Comp           
Interest price component45.5%46.7%46.7%46.7%47.5%46.6%
Fee Component7.1%7.3%7.3%7.3%5.8%5.6%
Insurance Component3.7%3.8%3.8%3.8%2.9%2.9%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component27.0%28.1%28.1%27.0%27.9%27.0%
Full APR (int fee ins tax dep)83.3%85.9%85.9%84.8%84.1%82.1%
Transparency Index343333333334
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Micro Enterprise Loan Price Graphs


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% Products with one or more insurances
% Products with compulsory deposits
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