| Outstanding portfolio (MAD) | MAD 120,074,000 |
| Portfolio (USD) | USD 14,126,352.94 |
| Active Clients with Loans | 6,533 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 80% - 100% |
| 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 | Financement du fond de roulement ou d'investissement |
| Other (2) |
| Credit education | x |
| 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 | 12 |
| # Regions for this product | 12 |
| Regions Active | Tangier-Tétouan, East and the Rif, Fes-Meknes, Rabat-Sale-Kenitra, Beni Mellal-Khenifra, Settat-Casablanca, Marrakesh-Safi, Drâa-Tafilalt, Souss-Massa, Guelmim-Oued NounEl Aiun-Saguia al Hamra, Dakhla-Oued Addahab |
| Currency | MAD |
| Minimum loan size | MAD 20,500 |
| Maximum loan size | 40,000 |
| Loans less than MAD 5,000 | 0 |
| MAD 5,000-15,000 | 0 |
| MAD 15,000-25,000 | 10% |
| MAD 25,000-35,000 | 60% |
| MAD 35,000-45,000 | 30% |
| Greater than MAD 45,000 | 30% |
| Shortest loan term | 6.0 months |
| Longest loan term | 48.0 months |
| Approx average | 30.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 60% |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 10% |
| Between 13 and 18 months | 10% |
| Longer than 18 months | 10% |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | x |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 1.80% |
| Highest quoted nominal interest | 1.80% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | Frais de dossier | Commission d'accompagnement solidaire (CAS) | |
| % of loan amount - min | 0 | 1.50% | |
| % of loan amount - max | 0 | 1.50% | |
| OR, Fixed amount - min | 125 | 0 | |
| Fixed amount - max | 125 | 0 | |
| Reason for variation | N/A | N/A | |
| Appears on Repayment Sched? | Yes | Yes |
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | MAD 20,000 | MAD 30,000 | MAD 40,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-04-04 | 2013-03-29 | 2013-04-18 | ||
| Loan Term (Months) | 17.0 months | 28.0 months | 34.0 months | ||
| Grace Period (Months) | 0.4 months | 0.3 months | 0.4 months | ||
| Total Cost of Credit | MAD 4,440 | MAD 9,120 | MAD 14,549 | ||
| True Price by Comp | |||||
| Interest price component | 25.5% | 21.9% | 21.8% | ||
| Fee Component | 3.0% | 1.7% | 1.4% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 28.5% | 23.6% | 23.2% | ||
| Transparency Index | 76 | 91 | 93 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
