2. ECLOF Kenya
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

Kenya Ecumenical Loan Fund (ECLOF) P.O. Box 34889Nairobi
Data approved: 2013-05-29
Data version: 2
Age of data: 142 months
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?No
Website addresshttp://www.eclof-kenya.org/
Year established1994
Head of InstitutionMary Munyiri
Regions activeCentral, Eastern, Nairobi, Nyanza, Rift Valley, Western
# Branches16

Total Portfolio (nat'l)KES 470,400,975
Total Portfolio (USD)USD 5,681,171.20
Active clients with loans19,987
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliationsECLOF International, AMFI
FundersECLOF International, Water.org, Church of Sweden

Loan Products » Summary

Elimu Bora
508 Borrowers
USD 111,767.38 Portfolio
Active Product
Jinue
1,537 Borrowers
USD 328,271.94 Portfolio
Active Product
Jiwezeshe
17,182 Borrowers
USD 4,794,419.57 Portfolio
Active Product
Tatua Shida
82 Borrowers
USD 13,964.15 Portfolio
Active Product
Ukulima
292 Borrowers
USD 78,317.39 Portfolio
Active Product
Afya
629 Borrowers
USD 36,442.09 Portfolio
Active Product
Maji Safi
206 Borrowers
USD 63,307.34 Portfolio
Active Product
Boma Safi
83 Borrowers
USD 29,045.35 Portfolio
Active Product
Enterprise
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Elimu Bora Loan KES 5,000 - 200,000 3 - 12 40% - 60% 0% - 20% Education Women, Men, Have business Credit Educ, Credit Ins
Jinue Loan KES 5,000 - 30,000 6 - 18 40% - 60% 0% - 20% Business, Consumer Women, Men, Have business Credit Educ, Credit Ins
Jiwezeshe Loan KES 5,000 - 300,000 6 - 36 40% - 60% 0% - 20% Business Women, Men, Have business Credit Educ, Credit Ins
Tatua Shida Loan KES 5,000 - 50,000 3 - 6 40% - 60% 0% - 20% Any Purpose Women, Men, Have business Credit Educ, Credit Ins
Ukulima Loan KES 5,000 - 200,000 6 - 12 40% - 60% 20% - 40% Agriculture Women, Men, Have business Credit Educ, Credit Ins
Afya Loan KES 8,666 - 21,420 3 - 12 40% - 60% 20% - 40% Other Women, Men, Have business Credit Educ, Credit Ins
Maji Safi Loan KES 5,000 - 100,000 9 - 24 40% - 60% 20% - 40% Other Women, Men, Have business Credit Educ, Credit Ins
Boma Safi Loan KES 5,000 - 200,000 6 - 24 40% - 60% 20% - 40% Other Women, Men, Have business Credit Educ, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Elimu Bora Loan 18.0% annual, Flat 1 Fee 1 Ins None N/A 33.1% - 36.1% 36.9% - 40.2% 47
Jinue Loan 22.0% annual, Flat 1 Fee 1 Ins None 10.0%-25.0% upfront 200.00 ongoing 42.8% - 45.3% 108% - 170.1% 16
Jiwezeshe Loan 18.0%-20.0% annual, Flat 1 Fee 1 Ins None 10.0%-25.0% upfront 200.00 ongoing 33.6% - 41.6% 61.6% - 91.2% 23
Tatua Shida Loan 22.0% annual, Flat 1 Fee 1 Ins None N/A 45.4% 53% 42
Ukulima Loan 20.0% annual, Flat 1 Fee 1 Ins None N/A 39.5% - 42% 43.6% - 49.6% 44
Afya Loan 19.0% annual, Flat 1 Fee 1 Ins None N/A 34% - 37.8% 37.7% - 42% 46
Maji Safi Loan 20.0% annual, Flat 1 Fee 1 Ins None N/A 39.5% - 42% 43.6% - 49.6% 44
Boma Safi Loan 20.0% annual, Flat 1 Fee 1 Ins None N/A 36.8% - 42% 39.1% - 49.6% 45
Institution Price Graph
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  2. Belstar
Please note that the information you are viewing is 119 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Belstar Investment and Finance Private Limited 11 C, Rathinammal Street , Rangarajapuram, KodambakkamChennai, Tamilnadu600024
Data approved: 2014-09-22
Data version: 4
Age of data: 119 months
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Product

Micro Enterprise Loan Product 1 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 1,213,447,806
Portfolio (USD)USD 22,895,241.62
Active Clients with Loans117,606
Approximate % Female Clients100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity group
Village banking
Self help groupx
Other
Description
Micro Enterprise Loan is designed to provide finance to start new enterprise or strengthen existing enterprises.
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 visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Household income <60,000 INRx
Household income <120,000 INRx
Must live in rural area
Must lives in urban area
OtherMust be a Member of an SHG
Other (2)Must be in the age group of 18 to 60 years.
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution3
# Regions for this product4
Regions ActiveKarnataka, Madhya Pradesh, Tamil Nadu, Puducherry

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 12,000
Maximum loan size30,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,00060%
INR 15,000-25,00030%
INR 25,000-35,00010%
INR 35,000-45,0000
Greater than INR 45,0000
Loan Term and Grace Period
Shortest loan term13.0 months
Longest loan term25.0 months
Approx average19.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months50%
Longer than 18 months50%
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 interest25.00%
Highest quoted nominal interest25.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing 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 Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min63
Fixed amount - max236
Reason for variationInsurance Premium varies depending on loan size & term.
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees12.4%
All or some fees taxedAll

Full Pricing Data

Micro Enterprise Loan samples
Loan Amount
Type of Sample
Disbursement Date
Loan Term (Months)
Grace Period (Months)
Total Cost of Credit
Full APR (int fee ins tax dep)
True Price by Component
MFIN MFI Earning (Annualised)
MFIN Cost to Borrower (Annualised)
Transparency Index
MFIN Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
INR 24,000 Real 2014-08-28 24.7 months 0.0 months INR 7,150.83 27.7% 25.3% 1.1% 1.0% 0.3% 0.0% 26.4% 27.7% 88 99 PDF PDF
INR 24,000 Generated 2015-03-01 24.0 months N/A INR 7,474.28 27.0% 24.7% 1.0% 1.0% 0.3% 0.0% 25.7% 27.0% 93 100 - PDF
INR 15,000 Real 2014-08-28 15.8 months 0.9 months INR 2,995.33 29.0% 26.4% 1.6% 0.7% 0.3% 0.0% 28.0% 29.0% 84 95 PDF PDF
INR 15,000 Generated 2015-03-01 15.0 months N/A INR 2,993.18 27.1% 24.7% 1.5% 0.6% 0.3% 0.0% 26.2% 27.1% 92 100 - PDF
INR 12,000 Generated 2015-03-01 16.0 months N/A INR 2,545.87 27.2% 24.7% 1.4% 0.8% 0.3% 0.0% 26.1% 27.2% 92 100 - PDF
INR 12,000 Generated 2015-03-01 16.0 months N/A INR 2,545.87 27.2% 24.7% 1.4% 0.8% 0.3% 0.0% 26.1% 27.2% 92 100 - PDF
INR 15,000 Generated 2015-03-01 16.0 months N/A INR 3,164.65 27.0% 24.7% 1.4% 0.6% 0.3% 0.0% 26.1% 27.0% 93 100 - PDF
INR 24,000 Generated 2015-03-01 24.9 months N/A INR 7,762.07 26.9% 24.7% 1.0% 1.0% 0.2% 0.0% 25.7% 26.9% 93 100 - PDF
INR 30,000 Generated 2015-03-01 24.9 months N/A INR 9,636.30 26.7% 24.7% 1.0% 0.8% 0.2% 0.0% 25.7% 26.7% 94 100 - PDF
INR 30,000 Generated 2015-03-01 24.9 months N/A INR 9,636.30 26.7% 24.7% 1.0% 0.8% 0.2% 0.0% 25.7% 26.7% 94 100 - PDF
* The APR stated here is an MFTransparency term, definition and formula
Micro Enterprise Loan Price Graphs


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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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