2. Juhudi Kilimo
Please note that the information you are viewing is 145 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Juhudi Kilimo Limited Liability Company P.O. Box 25441Nairobi
Data approved: 2013-05-26
Data version: 3
Age of data: 145 months
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Product

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Product Details

Key Statistics
Outstanding portfolio (KES)KES 91,833,689
Portfolio (USD)USD 1,109,102.52
Active Clients with Loans4,198
Approximate % Female Clients40% - 60%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Asset financing and microleasing is the leasing of assets of small value to small holder farmers and small and medium enterprises. This product targets the leasing of all equipment or tools that form an integral part of farming.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other training
OtherOptional low-cost life insurance through CIC, KES 3290pa
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust be a farmer
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution5
# Regions for this product5
Regions ActiveCentral, Eastern, Nyanza, Rift Valley, Western

Loan Conditions

Loan Amount
CurrencyKES
Minimum loan sizeKES 10,000
Maximum loan size500,000
Distribution at Disbursement (Est.)
Loans less than KES 50,00070%
KES 50,000-150,00030%
KES 150,000-250,0000
KES 250,000-350,0000
KES 350,000-450,0000
Greater than KES 450,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term24.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months10%
Between 10 and 12 months80%
Between 13 and 18 months5%
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period2.0 months
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 paymentsx

Pricing Information

Interest
Lowest quoted nominal interest32.00%
Highest quoted nominal interest32.00%
Reason(s) why interest rate variesChanging all loans from 16% to 18% starting Jan 2010
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?Yes
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan Application FeeRegistration Fee
% of loan amount - min1.00%0
% of loan amount - max1.00%0
OR, Fixed amount - min0500
Fixed amount - max0500
Reason for variationN/AN/A
Appears on Repayment Sched?YesYes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1Ins 2
DescriptionLoan Insurance FeeAsset Insurance Fee
% of loan amount - min1.00%1.00%
% of loan amount - max2.00%2.00%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variation1% of the loan amount p.a1% of the loan amount p.a
Appears on Repayment Sched?YesYes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited15.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Asset Finance Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountKES 10,000KES 25,000KES 50,000KES 110,000KES 300,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-04-222013-04-172013-03-152013-05-242013-05-06
Loan Term (Months)12.0 months14.0 months14.0 months25.0 months21.0 months
Grace Period (Months)0.0 months2.0 months2.1 months0.0 months0.0 months
Total Cost of CreditKES 2,598KES 7,071.68KES 13,644.34KES 45,958KES 109,277
True Price by Comp         
Interest price component31.7%31.8%30.7%30.7%30.9%
Fee Component12.3%4.7%3.1%1.6%1.4%
Insurance Component4.4%3.3%3.1%4.4%5.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component16.3%11.5%10.7%11.4%11.9%
Full APR (int fee ins tax dep)64.7%51.3%47.6%48.1%49.2%
Transparency Index4962676765
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Asset Finance Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NBFIInstitution TypeMultipleLoan PurposeJuhudi KilimoInstitutionKE-011-V03-P01ProductKECountry2013YearRange Number3Institution Data Version050,000100,000150,000200,000250,000300,000Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 2,9002,2001,40070080Number of Borrowers
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  2. Bonzali Rural
Please note that the information you are viewing is 161 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Bonzali Rural Bank KumbunguNorthern RegionPO Box 1197
Data approved: 2011-12-07
Data version: 1
Age of data: 161 months

Institution Details

Institution TypeRurBank
Is this institution regulated?Yes
Website addressN/A
Year established1990
Head of InstitutionMike D Tizaayel
Regions active
# Branches6

Total Portfolio (nat'l)GHS 3,838,180
Total Portfolio (USD)USD 1,948,314.72
Active clients with loans9,508
Approximate % female clients60% - 80%
Approximate % urban clients40% - 60%
Network affiliationsGHAMFIN, ARB
FundersTrias Ghana, Speed Ghana, Action Aid

Loan Products » Summary

Agricultural
500 Borrowers
USD 77,932.49 Portfolio
Active Product
Microfinance
8,500 Borrowers
USD 1,068,071.07 Portfolio
Active Product
Commercial
400 Borrowers
USD 389,662.94 Portfolio
Active Product
Salary
1,000 Borrowers
USD 155,864.97 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agricultural Loan GHS 200 - 2,000 4 - 8 0% - 20% 0% - 20% Agriculture Women, Men Credit Educ, Group Mtgs, Business Training
Bonzali Microfinance Loan GHS 200 - 3,000 4 - 12 60% - 80% 0% - 20% Any Purpose Women, Men Credit Educ, Group Mtgs, Business Training
Commercial Loan GHS 500 - 3,000 6 - 12 80% - 100% 40% - 60% Business Women, Men, Have business Business Training
Personal and Salary Loan GHS 100 - 2,000 6 - 12 40% - 60% 60% - 80% Any Purpose Women, Men, Have business

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agricultural Loan 30.00% annual, Flat 1 Fee 0 Ins None 10.00% upfront 88.2% 102.4% 29
Bonzali Microfinance Loan 30.00% annual, Flat 1 Fee 0 Ins None 10.00% upfront 80.1% - 81.3% 96.5% - 100.8% 30
Commercial Loan 30.00% annual, Flat 1 Fee 0 Ins None 10.00 upfront 68.4% - 206.6% 69.7% - 212.3% 25
Personal and Salary Loan 30.00% annual, Flat 1 Fee 0 Ins None N/A 58.6% - 62.1% 58.6% - 62.1% 50
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.RurBankInstitution TypeAgricultureAnyBusinessLoan PurposeBonzali RuralInstitutionGH-010-V01-P01GH-010-V01-P02GH-010-V01-P03GH-010-V01-P04ProductGHCountry2011YearRange Number1Institution Data Version05001,0001,5002,0002,5003,000Loan Size (all)0%50%100%150%200%Full APR (int fee ins tax dep)> 4,2003,1002,1001,000100Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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