2. AMOS
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. INSOTEC
Please note that the information you are viewing is 175 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Association de Microfinance Oued Srou 2,Rue Oued SbouQuartier Ettakadoum Elkbab CentreKhénifra, Région Mèknès Tafilalet
Data approved: 2013-05-13
Data version: 1
Age of data: 139 months

Institution

INSOTEC Juan León Mera N24-12 y WilsonQuito, Pichincha
Data approved: 2010-11-08
Data version: 1
Age of data: 175 months

Product

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Product

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Product Summary

Number borrowers1,774
Loan Amount (range)MAD 1,000 - 5,000
Loan Term (range)4 - 12
Other Services (text summary)
Annual Interest & Method21.6% annual, Flat
Fees15.00 upfront
InsuranceNone
TaxNone
Comp Dep1.00%-1.50% ongoing
Range of pricing 
Interest Price Component30.9% - 37.5%
Fee Component0.6% - 3.0%
Insurance Component0
Tax Component Range0
Full APR (int fee ins tax dep)43.0% - 44.5%
Transparency Index (min/max)48 - 57
Transparency Index (average)49

Product Summary

172
USD 300 - 1,000
3 - 8
Credit Ins
24.5%-26.9% annual, Decl Bal
1.90% ongoing
None
None
N/A
 
N/A
27.2% - 27.3% (Int+Fee)
2.7% - 3.2%
0
30.3% - 30.4%
73 - 87
80

Product Details

Key Statistics
Outstanding portfolio (MAD)MAD 2,526,657
Portfolio (USD)USD 297,253.76
Active Clients with Loans1,774
Approximate % Female Clients0
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Produit destiné aux femmes appartenats à un groupe solidaire ,composé de 3 à 6 membres .Les activités à financer sont : l'artisanat ,le commerce ,l'agriculture ,les services.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
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 institution2
# Regions for this product2
Regions ActiveBeni Mellal-Khenifra, Drâa-Tafilalt

Product Details

Key Statistics
Outstanding portfolio (USD)USD 73,328.71
Portfolio (USD)USD 73,328.71
Active Clients with Loans172
Approximate % Female Clients40% - 60%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
El objetivo del producto es facilitar el financiamiento microemresarial de capital de trabajo, presenta un esquema de funcionamiento que reduce el costo transaccional del cliente.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherUsar solo para capital de trabajo
Other (2)
Included Services
Credit education
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 landx
Must be a salaried worker
Must be specific age group
OtherPropietario de Terreno
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
CurrencyMAD
Minimum loan sizeMAD 1,000
Maximum loan size5,000
Distribution at Disbursement (Est.)
Loans less than MAD 5,000100%
MAD 5,000-15,0000
MAD 15,000-25,0000
MAD 25,000-35,0000
MAD 35,000-45,0000
Greater than MAD 45,0000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term12.0 months
Approx average8.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months20%
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
CurrencyUSD
Minimum loan sizeUSD 300
Maximum loan size1,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term8.0 months
Approx average7.2 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest1.80%
Highest quoted nominal interest1.80%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionFrais de dossier
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min15
Fixed amount - max15
Reason for variationN/A
Appears on Repayment Sched?Yes
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
Criteria1% deposit required for loans < MAD 2000 ; 1,5 % for other loans.
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited1.00% - 1.50%
or, Fixed-amount deposited0
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 interest24.45%
Highest quoted nominal interest26.92%
Reason(s) why interest rate variesDepende del sector donde estan ubicados los clientes que se determinan por nivel de pobreza de acuerdo a como lo establece el Sistema Nacional de Microfinanzas.\rTipo A los más pobres\rTipo B intermedios\rTipo C menos pobres
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionSeguro de Vida, Seguro de Desgravamen
% of loan amount - min1.90%
% of loan amount - max1.90%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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

Full Pricing Data

Produit Solidaire samples
Sample 1Sample 2Sample 3
Loan AmountMAD 1,000MAD 2,000MAD 5,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-04-042013-02-142013-06-06
Loan Term (Months)12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months-0.1 months0.0 months
Total Cost of CreditMAD 231MAD 447MAD 1,095
True Price by Comp     
Interest price component37.1%37.5%37.1%
Fee Component3.0%1.5%0.6%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component3.6%5.5%5.3%
Full APR (int fee ins tax dep)43.7%44.5%43.0%
Transparency Index494850
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

SINCO samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountUSD 450USD 450USD 900USD 1,000
Loan Cycle (1, 2, 3, etc)2223
Disbursement Date2010-07-022010-06-212010-06-172010-06-02
Loan Term (Months)6.0 months6.0 months6.0 months8.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component27.3%27.3%27.2%27.3%
Insurance Component3.1%3.1%3.1%3.2%
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)30.4%30.4%30.3%30.4%
Transparency Index81818180
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Produit Solidaire Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeMultipleLoan PurposeAMOSInstitutionMA-004-V01-P01ProductMACountry2013YearRange Number1Institution Data Version01,0002,0003,0004,0005,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 1,7001,30080040040Number of Borrowers
Click to view Price Analysis Tool
SINCO Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeINSOTECInstitutionEC-031-V01-P04ProductECCountry2010YearRange Number1Institution Data Version02004006008001,000Loan Size (all)0%10%20%30%Full APR (int fee ins tax dep)> 80405Number 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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