2. LKL
Please note that the information you are viewing is 133 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  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

Letshego Kenya Limited P.O. Box 52926 00200Nairobi, Nairobi
Data approved: 2013-09-18
Data version: 2
Age of data: 133 months
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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 Summary

Number borrowers363
Loan Amount (range)KES 6,192 - 63,184
Loan Term (range)3 - 12
Other Services (text summary)Credit Educ, Other Training
Annual Interest & Method22.0% annual, Flat
FeesNone
Insurance2.00% upfront
TaxNone
Comp Dep10.0%-20.0% upfront
Range of pricing 
Interest Price Component25.3% - 51.1%
Fee Component0 - 10.2%
Insurance Component0 - 9.6%
Tax Component Range0
Full APR (int fee ins tax dep)49.8% - 52.0%
Transparency Index (min/max)25 - 163
Transparency Index (average)43

Product Summary

233
RWF 50,000 - 3,000,000
3 - 24
Credit Educ
48.00% annual, Decl Bal
2 fees
0.00%-1.00% upfront
None
N/A
 
15.0% - 46.2%
0.9% - 29.9%
0 - 0.6%
0
26.3% - 76.1%
33 - 182
88

Product Details

Key Statistics
Outstanding portfolio (KES)KES 4,978,829.61
Portfolio (USD)USD 60,130.79
Active Clients with Loans363
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This product is offered in partnership with water tank manufacturing companies. LKL finances the purchase of such tanks, giving the client the comfort of paying in installments.
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherThis loan is for the purchase of water tanks only
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visits
Business training
Other trainingx
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 institution5
# Regions for this product5
Regions ActiveCentral, Coast, Eastern, Nairobi, Rift Valley

Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 116,837,850
Portfolio (USD)USD 185,457
Active Clients with Loans233
Approximate % Female Clients0% - 20%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
ces credits sont lies aux frais minervals et credits sociaux
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loanx
Agriculture
Educationx
Other household financex
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
CurrencyKES
Minimum loan sizeKES 6,192
Maximum loan size63,184
Distribution at Disbursement (Est.)
Loans less than KES 50,00030%
KES 50,000-150,00070%
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 term3.0 months
Longest loan term12.0 months
Approx average9.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months15%
Between 10 and 12 months80%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
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

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan sizeRWF 50,000
Maximum loan size3,000,000
Distribution at Disbursement (Est.)
Loans less than RWF 500,00020%
RWF 500,000-1,500,00030%
RWF 1,500,000-2,500,00030%
RWF 2,500,000-3,500,00020%
RWF 3,500,000-4,500,0000
Greater than RWF 4,500,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx average13.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months20%
Between 7 and 9 months20%
Between 10 and 12 months20%
Between 13 and 18 months20%
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 interest1.83%
Highest quoted nominal interest1.83%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance 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?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
Criteria10% upfront deposit requirement on individual loans, 20% upfront deposit requirement on group loans.
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - 20.00%
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositEnd Term
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?No

Pricing Information

Interest
Lowest quoted nominal interest4.00%
Highest quoted nominal interest4.00%
Reason(s) why interest rate variesLoan Purpose
Interest rate periodMonthly
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
Ins 1
DescriptionCredit Protection
% of loan amount - min0
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
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?No

Full Pricing Data

Maji Nyumbani samples
Sample 1Sample 2Sample 3
Loan AmountKES 8,048KES 26,912KES 53,824
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-07-312013-06-042013-04-04
Loan Term (Months)12.0 months9.0 months12.0 months
Grace Period (Months)0.1 months0.0 months0.0 months
Total Cost of CreditKES 1,960.55KES 5,097.66KES 13,111.86
True Price by Comp     
Interest price component37.9%38.4%38.5%
Fee Component0.0%0.0%0.0%
Insurance Component3.9%5.1%3.9%
Tax Component0.0%0.0%0.0%
Deposit Component8.0%8.5%8.3%
Full APR (int fee ins tax dep)49.8%52.0%50.7%
Transparency Index444243
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Autres Loan samples
Sample 1Sample 4Sample 5Sample 6
Loan AmountRWF 110,000RWF 1,000,000RWF 2,000,000RWF 3,000,000
Loan Cycle (1, 2, 3, etc)1222
Disbursement Date2012-08-012012-08-242012-07-192012-07-12
Loan Term (Months)3.1 months1.0 month1.0 month24.0 months
Grace Period (Months)0.1 months0.0 months0.0 months0.0 months
Total Cost of CreditRWF 7,150RWF 65,000RWF 130,000RWF 881,712
True Price by Comp       
Interest price component23.3%46.2%46.2%23.7%
Fee Component15.1%29.9%29.9%2.6%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)38.4%76.1%76.1%26.3%
Transparency Index1006363100
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Maji Nyumbani 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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