2. MLF MWI
Please note that the information you are viewing is 148 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. IDEPRO
Please note that the information you are viewing is 135 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Microloan Foundation Head OfficeKasungu, CentralPO Box 491
Data approved: 2012-11-15
Data version: 2
Age of data: 148 months
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Institution

IDEPRO DESARROLLO EMPRESARIAL CALLE CAMPOS NRO 132 ZONA SAN JORGELa Paz, La Paz
Data approved: 2010-10-28
Data version: 1
Age of data: -   months 
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Product

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Product

Crédito Individual - Pro Micro (BOB) Product 6 of 12 « Prev | Next »

Product Summary

Number borrowers355
Loan Amount (range)MWK 65,000 - 180,000
Loan Term (range)6 - 10
Other Services (text summary)Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dynamics
Annual Interest & Method48.00% annual, Flat
FeesNone
InsuranceNone
TaxNone
Comp Dep20.00% upfront
Range of pricing 
Interest Price Component36.2% - 108.4%
Fee Component0
Insurance Component0
Tax Component Range0
Full APR (int fee ins tax dep)107.4% - 107.5%
Transparency Index (min/max)36 - 124
Transparency Index (average)44

Product Summary

2,361
BOB 1,000 - 105,000
3 - 72
Credit Educ, Credit Ins
14.0%-35.0% annual, Decl Bal
None
None
N/A
 
N/A
18.3% - 30.4% (Int+Fee)
0 - 0.9%
0 - 0.6%
18.9% - 31.1%
-1 - N/A
55

Product Details

Key Statistics
Outstanding portfolio (MWK)MWK 38,676,155
Portfolio (USD)USD 99,169.63
Active Clients with Loans355
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This loan is offered to graduating clients from Standard Loan groups who have proved successful in their businesses and require a loan above MK60,000.00. Being graduating clients training is ongoing on group solidarity and business management.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visitsx
Business trainingx
Other trainingx
OtherGroup Dynamics
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
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 institution18
# Regions for this product16
Regions ActiveDowa, Lilongwe, Nkhotakota, Ntcheu, Ntchisi, SalimaKaronga, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, Machinga, Mulanje, Zomba

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 49,717,341
Portfolio (USD)USD 7,365,532
Active Clients with Loans2,361
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Crédito otorgado a una persona natural o jurídica, con el objeto de financiar actividades de producción, comercialización y servicios, cuya fuente principal de pago lo constituye el producto de las ventas e ingresos generados por dichas actividades.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherCapital de Inversión
Other (2)Capital de Operaciones
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyMWK
Minimum loan sizeMWK 65,000
Maximum loan size180,000
Distribution at Disbursement (Est.)
Loans less than MWK 50,0000
MWK 50,000-150,00090%
MWK 150,000-250,00010%
MWK 250,000-350,0000
MWK 350,000-450,0000
Greater than MWK 450,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term10.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months90%
Between 7 and 9 months10%
Between 10 and 12 months0
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
CurrencyBOB
Minimum loan sizeBOB 1,000
Maximum loan size105,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term72.0 months
Approx average33.4 months
Grace Period
Grace period usage10%
Average grace periodDK
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 paymentsx

Pricing Information

Interest
Lowest quoted nominal interest4.00%
Highest quoted nominal interest4.00%
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
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?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
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 paid5.00%
Maximum interest rate paid7.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest14.00%
Highest quoted nominal interest35.00%
Reason(s) why interest rate variesBranch, Loan Size, Collateral
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?Yes
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
This product has no upfront insurance fees
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
Additional Comments
Existen 2392 créditos para 2361 clientes.\r

Full Pricing Data

Bridging Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountMWK 100,000MWK 110,000MWK 150,000MWK 180,000
Loan Cycle (1, 2, 3, etc)4242
Disbursement Date2012-10-302012-10-082012-10-302012-10-30
Loan Term (Months)6.0 months6.0 months6.0 months6.0 months
Grace Period (Months)0.0 months0.2 months0.0 months0.0 months
Total Cost of CreditMWK 24,000MWK 26,400MWK 36,000MWK 43,200
True Price by Comp       
Interest price component75.7%75.8%75.7%75.7%
Fee Component0.0%0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component31.7%31.7%31.7%31.7%
Full APR (int fee ins tax dep)107.4%107.5%107.4%107.4%
Transparency Index45454545
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Crédito Individual - Pro Micro (BOB) samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountBOB 3,000BOB 7,000BOB 14,000BOB 28,000BOB 56,000BOB 80,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-08-262011-08-292011-08-302011-08-302011-08-302011-04-21
Loan Term (Months)12.0 months18.0 months24.0 months36.0 months72.0 months72.0 months
Grace Period (Months)1.0 month0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component30.4%28.4%27.4%25.3%22.5%18.3%
Insurance Component0.7%0.7%0.7%0.9%0.7%0.7%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)31.1%29.0%28.1%26.2%23.2%18.9%
Transparency Index454850536074
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Bridging Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeMLF MWIInstitutionMW-007-V02-P01ProductMWCountry2012YearRange Number2Institution Data Version050,000100,000150,000Loan Size (all)0%50%100%Full APR (int fee ins tax dep)> 30010010Number of Borrowers
Click to view Price Analysis Tool
Crédito Individual - Pro Micro (BOB) Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeIDEPROInstitutionBO-023-V01-P06ProductBOCountry2010YearRange Number1Institution Data Version020,00040,00060,00080,000Loan Size (all)0%10%20%30%Full APR (int fee ins tax dep)> 40020020Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Caps / Zoom options
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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