Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.k-rep.org/ |
Year established | 1984 |
Head of Institution | Mr Aleke Dondo |
Regions active | |
# Branches | 18 |
Total Portfolio (nat'l) | 0 |
Total Portfolio (USD) | 0 |
Active clients with loans | 0 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 0% - 20% |
Network affiliations | |
Funders |
Outstanding portfolio (RWF) | RWF 155,678,906 |
Portfolio (USD) | USD 243,248.29 |
Active Clients with Loans | 1,750 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | x |
Credit insurance | |
Workplace visits | x |
Business training | x |
Other training | x |
Other | |
Other (2) | |
No other services |
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) |
# Regions for this institution | 18 |
# Regions for this product | 21 |
Regions Active | Burera, Gakenke, Gasabo, Gatsibo, Gisagara, Huye, KamonyiKayonza, Kicukiro, Kirehe, Muhanga, Musanze, Ngororero, Nyabihu, Nyagatare, Nyanza, Nyarugenge, Rubavu, Ruhango, Rulindo, Rusizi |
Currency | RWF |
Minimum loan size | RWF 100,000 |
Maximum loan size | 2,500,000 |
Loans less than RWF 500,000 | 60% |
RWF 500,000-1,500,000 | 30% |
RWF 1,500,000-2,500,000 | 10% |
RWF 2,500,000-3,500,000 | 0 |
RWF 3,500,000-4,500,000 | 0 |
Greater than RWF 4,500,000 | 0 |
Shortest loan term | 6.0 months |
Longest loan term | 8.0 months |
Approx average | 8.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 20% |
Between 7 and 9 months | 80% |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 2.00% |
Highest quoted nominal interest | 2.00% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Commission Fee |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | No |
Do borrowers control deposit in their group? | No |
% loan amount deposited | 20.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 10.00% |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | Yes |
Percentage of fees | 18% |
All or some fees taxed | Some |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | RWF 100,000 | RWF 200,000 | RWF 300,000 | ||
Loan Cycle (1, 2, 3, etc) | 1 | 2 | Not Known | ||
Disbursement Date | 2012-04-23 | 2012-03-08 | 2012-03-27 | ||
Loan Term (Months) | 5.6 months | 6.0 months | 7.0 months | ||
Grace Period (Months) | 0.5 months | 0.5 months | 0.5 months | ||
Total Cost of Credit | RWF 13,180 | RWF 26,360 | RWF 45,540 | ||
True Price by Comp | |||||
Interest price component | 45.7% | 42.3% | 42.7% | ||
Fee Component | 4.1% | 3.8% | 3.3% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.8% | 0.7% | 0.6% | ||
Deposit Component | 34.8% | 32.7% | 32.3% | ||
Full APR (int fee ins tax dep) | 85.4% | 79.5% | 78.9% | ||
Transparency Index | 28 | 30 | 30 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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