Caixa Comunitaria de Microfinancas - GSGF Credito a Agricultura - MFTransparency.org Truth In Lending Tables

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Institution

Caixa Comunitaria de Microfinancas Av. Das FPLM,832ICB e Loja de PeasMaputo

Data approved: 2013-05-09

Data version: 2

Age of data: 145 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (MZN)	MZN 3,075,757.82
Portfolio (USD)	USD 101,176.24
Active Clients with Loans	1,185
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	0% - 20%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

Credito concedito aos pequenos agricultores com actividade agricola ja aviada.Estes clientes recebem o financiamento dentro de um grupo e devem fornecer a CCOM uma garantia financeira

Loan Purpose

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

Included Services

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

Eligibility

Men	x
Women	x
Must run a business	x
Must own a home or land	x
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	4
# Regions for this product	4
Regions Active	Maputo Capital, Maputo Province, Gaza, Cabo Delgado

Loan Conditions

Loan Amount

Currency	MZN
Minimum loan size	MZN 30
Maximum loan size	100,000

Loan Term and Grace Period

Shortest loan term	8.0 months
Longest loan term	12.0 months
Approx average	9.0 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	3.00%
Highest quoted nominal interest	3.00%
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Cobertura de despesas administrativas
% 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?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Relativo a cobertura em caso de falecimento
% 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?	No

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?	No
Do borrowers control deposit in their group?	Yes

Deposit BEFORE or AT Disbursement

% loan amount deposited	20.00%
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	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

GSGF Credito a Agricultura samples

	Sample 3	Sample 4	Sample 5
Loan Amount	MZN 15,000	MZN 30,000	MZN 45,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2013-01-23	2013-01-14	2013-05-29
Loan Term (Months)	8.0 months	8.0 months	6.0 months
Grace Period (Months)	2.1 months	2.2 months	0.1 months
Total Cost of Credit	MZN 3,900	MZN 7,800	MZN 9,000
True Price by Comp
Interest price component	32.3%	32.1%	32.8%
Fee Component	1.5%	1.5%	2.0%
Insurance Component	1.6%	1.5%	2.1%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	7.8%	7.8%	8.4%
Full APR (int fee ins tax dep)	43.2%	42.9%	45.3%
Transparency Index	83	84	79

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

GSGF Credito a Agricultura Price Graphs

Loan Size/

Loan Term/

Custom

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Actuar Caldas	3,700	5,247,000	1	170
Actuar Quindio	2,300	2,800,000	2	170
Actuar Tolima	8,800	5,099,000	3	170
Amanecer	4,300	8,253,000	4	170
Banco Agrario	56,300	39,938,000	3	170
Banco WWB	219,400	294,019,000	5	165
Bancolombia	36,200	51,563,000	1	170
BdO	10,400	7,945,000	2	170
Comerciacoop	1,600	3,255,000	4	170
Confiar	43,800	81,993,000	7	170
Congente	5,400	20,045,000	2	170
Contactar	25,100	20,184,000	2	170
Crezcamos	27,500	22,564,000	4	170
Finamerica	39,800	99,536,000	7	170
FMM Popayán	310,000	243,614,000	3	170
FMSD	6,800	9,236,000	6	170
Fomentamos	900	102,000	1	170
Fund DeLaMujer	199,900	165,568,000	1	170
Fund Oleoductos	500	435,000	1	165
FUNDAUNIBAN	600	1,307,000	2	170
FUNDESAN	2,400	2,521,000	5	170
FUNDESMAG	1,000	1,698,000	2	170
Interactuar	30,200	93,846,000	4	170
MEDA	15,600	27,322,000	2	170
ProCredit CO	5,700	18,569,000	3	170

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

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Total Borrrowers of Samples


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