Smallholder Irrigation Schemes Development Organization (SISDO) - MFTransparency.org Truth In Lending Tables

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

Smallholder Irrigation Schemes Development Organization (SISDO) P.O. Box 76622Nairobi

Data approved: 2013-06-25

Data version: 2

Age of data: 142 months

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Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	http://www.sisdo.org/
Year established	1991
Head of Institution	Simon Maina
Regions active	Central, Eastern, Nairobi, Rift Valley, Western
# Branches	16

Total Portfolio (nat'l)	KES 302,871,417
Total Portfolio (USD)	USD 3,657,867.36
Active clients with loans	7,374
Approximate % female clients	40% - 60%
Approximate % urban clients	20% - 40%
Network affiliations
Funders

Loan Products » Summary

Asset

504 Borrowers

USD 211,054.75 Portfolio

Active Product

Daraja

489 Borrowers

USD 660,029.66 Portfolio

Active Product

Farm Input

87 Borrowers

USD 18,298.92 Portfolio

Active Product

Inua

5,770 Borrowers

USD 2,508,645.07 Portfolio

Active Product

School Fees

214 Borrowers

USD 42,268.63 Portfolio

Active Product

Zero Grazing

242 Borrowers

USD 107,802.01 Portfolio

Active Product

Individual

37 Borrowers

USD 86,536.70 Portfolio

Low Volume Product

Emergency

5 Borrowers

USD 2,595.40 Portfolio

Low Volume Product

Maji

0 Borrowers

USD 469.89 Portfolio

Low Volume Product

Afya

21 Borrowers

USD 14,305.29 Portfolio

Low Volume Product

Mwangaza

5 Borrowers

USD 5,861.03 Portfolio

Low Volume Product

Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Asset Financing Loan	KES 20,000 - 50,000	3 - 12	40% - 60%	40% - 60%	Business, Housing	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Daraja Loan	KES 50,000 - 300,000	3 - 24	40% - 60%	0% - 20%	Business, Only working capital	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Health Insurance - optional
Farm Inputs Loan	KES 5,000 - 100,000	3 - 12	40% - 60%	0% - 20%	Business	Women, Men, Must be a farmer	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Inua Loan	KES 5,000 - 300,000	3 - 18	40% - 60%	20% - 40%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Health insurance - optional
School Fees Loan	KES 3,000 - 100,000	3 - 12	60% - 80%	40% - 60%	Education	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Zero Grazing Loan	KES 10,000 - 300,000	3 - 18	40% - 60%	20% - 40%	Agriculture, Improvement to shed, purchase of cow, chaff-cutter	Women, Men, Have business, Farmers only	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Health insurance - optional

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Asset Financing Loan	20.0% annual, Flat	1 Fee	1 Ins	None	20.0% upfront 100.00 ongoing	37.6% - 38.5%	70.3% - 83.8%	26
Daraja Loan	22.0% annual, Flat	1 Fee	1 Ins	None	20.0% upfront 500.00 ongoing	40.9% - 41%	73% - 119.1%	25
Farm Inputs Loan	22.0% annual, Flat	1 Fee	1 Ins	None	20.0% upfront 100.00 ongoing	30.9% - 41.8%	58.3% - 148.4%	27
Inua Loan	22.0% annual, Flat	1 Fee	1 Ins	None	20.0% upfront 100.00 ongoing	40.9% - 41.9%	69.4% - 113%	27
School Fees Loan	20.0% annual, Flat	1 Fee	1 Ins	None	20.0% upfront 100.00 ongoing	37.6%	66.5% - 113.4%	25
Zero Grazing Loan	22.0% annual, Flat	1 Fee	1 Ins	None	20.0% upfront 100.00 ongoing	39.2% - 41.8%	69.2% - 87.7%	29

Institution Price Graph

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Please note that the information you are viewing is 159 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Wasasa MFI AlemgenaOromiaP O Box 1192

Data approved: 2011-12-23

Data version: 1

Age of data: 159 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (ETB)	ETB 90,272,505
Portfolio (USD)	USD 4,906,114.40
Active Clients with Loans	44,503
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	0% - 20%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

This loan is for a large group of people, not greater than 25 people. 30%of loan is paid during the loan term and 70% at the end, with interest paid throughout.

Loan Purpose

Any purpose	x
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance
Workplace visits
Business training
Other training	x
Other	Agricultural Training
Other (2)
No other services

Eligibility

Men	x
Women	x
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 institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	ETB
Minimum loan size	ETB 100
Maximum loan size	5,000

Loan Term and Grace Period

Shortest loan term	4.0 months
Longest loan term	12.0 months
Approx average	12.0 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly	x
Every 2 months
Quarterly	x
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	18.00%
Highest quoted nominal interest	18.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Service Charge
% of loan amount - min	3.00%
% of loan amount - max	3.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Insurance
% 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

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	Yes
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	10.00% - 15.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	5.00%
Maximum interest rate paid	5.00%
Interest payment frequency	Monthly

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Additional Comments

Compulsory savings - 10% of loan for first cycle, and 15% for subsequent cycles. 3% of loan needs to be paid within the loan term, and 7% on the due date. 3% is paid in regular installments, and interest is paid in regular installments.

Full Pricing Data

Large Group Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	ETB 2,500	ETB 3,000	ETB 3,500	ETB 4,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2011-01-27	2011-01-27	2011-01-27	2011-01-27
Loan Term (Months)	12.0 months	12.0 months	12.0 months	12.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	23.8%	23.7%	23.6%	23.6%
Insurance Component	1.3%	1.3%	1.3%	1.3%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	2.6%	2.6%	2.6%	2.6%
Full APR (int fee ins tax dep)	27.7%	27.6%	27.5%	27.4%
Transparency Index	65	65	66	66

Original Repayment Schedule	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF

Large Group 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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

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	X Axis
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	Less or equal to:
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Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » Pricing Information

Institution Price Graph

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Loan Term and Grace Period

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Additional Comments

Full Pricing Data

Large Group Loan samples

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Total Borrowers of Samples

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