2. ECLOF Kenya
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

Kenya Ecumenical Loan Fund (ECLOF) P.O. Box 34889Nairobi
Data approved: 2013-05-29
Data version: 2
Age of data: 141 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. COOJAD
Please note that the information you are viewing is 143 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Cooperative De La Jeuneuse Pour L'Auto D'Emploi Et Developement Head OfficeKigaliPO Box 3739
Data approved: 2012-10-05
Data version: 2
Age of data: 143 months
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Product

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Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 57,822,966
Portfolio (USD)USD 91,782
Active Clients with Loans68
Approximate % Female Clients0% - 20%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Tout pret en rapport avec l'activite commerciale de transport comme un vehicule de taxi voiture, de taxi moto, de velo moteur, camionnette.
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 visits
Business training
Other training
Other
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
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution3
# Regions for this product3
Regions ActiveGasabo, Kicukiro, Nyarugenge

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan sizeRWF 500,000
Maximum loan size5,000,000
Distribution at Disbursement (Est.)
Loans less than RWF 500,0000
RWF 500,000-1,500,00020%
RWF 1,500,000-2,500,00020%
RWF 2,500,000-3,500,00020%
RWF 3,500,000-4,500,00020%
Greater than RWF 4,500,00020%
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term36.0 months
Approx average24.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months40%
Between 13 and 18 months40%
Longer than 18 months20%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest16.00%
Highest quoted nominal interest18.00%
Reason(s) why interest rate variesLoan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionCommission FeeProcessing Fee
% of loan amount - min1.00%1.50%
% of loan amount - max1.00%1.50%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
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 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 deposited25.00%
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 paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Transport Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountRWF 5,000,000RWF 5,000,000RWF 3,500,000RWF 1,250,000
Loan Cycle (1, 2, 3, etc)3103
Disbursement Date2012-07-112012-07-062012-07-192012-08-01
Loan Term (Months)37.0 months37.0 months37.0 months13.0 months
Grace Period (Months)0.1 months0.0 months1.8 months0.5 months
Total Cost of CreditRWF 2,186,904RWF 2,186,904RWF 1,530,840RWF 218,750
True Price by Comp       
Interest price component22.9%23.7%22.8%24.5%
Fee Component1.8%1.9%1.7%4.6%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component14.5%15.4%14.4%19.5%
Full APR (int fee ins tax dep)39.2%41.0%38.9%48.6%
Transparency Index41394133
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Transport Loan Price Graphs


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