Number borrowers | 18,936 |
Loan Amount (range) | PKR 20,000 - 50,000 |
Loan Term (range) | 12 |
Other Services (text summary) | |
Annual Interest & Method | 20.0% annual, Flat |
Fees | 2.00% upfront |
Insurance | 150.00-300.00 upfront |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 21.3% - 36.0% |
Fee Component | 0 - 4.1% |
Insurance Component | 0 - 1.6% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 39.8% - 41.7% |
Transparency Index (min/max) | 48 - 56 |
Transparency Index (average) | 49 |
331 |
RWF 500,000 - 30,000,000 |
6 - 36 |
Credit Educ, Credit Ins, Business Training |
16.00% annual, Decl Bal |
2.00% upfront |
1.00%-10.00% upfront |
None |
N/A |
N/A |
15.1% - 20.0% (Int+Fee) |
0 - 34.9% |
0 |
18.7% - 49.9% |
22 - 109 |
61 |
Outstanding portfolio (PKR) | PKR 309,952,132 |
Portfolio (USD) | USD 3,043,729.94 |
Active Clients with Loans | 18,936 |
Approximate % Female Clients | 100% |
Approximate % Urban Clients | 20% - 40% |
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 | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | |
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) |
# Regions for this institution | 2 |
# Regions for this product | 1 |
Regions Active | Punjab |
Outstanding portfolio (RWF) | RWF 778,112,618 |
Portfolio (USD) | USD 1,215,800.97 |
Active Clients with Loans | 331 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | x |
Other training | |
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 | 13 |
# Regions for this product | 16 |
Regions Active | Bugesera, Burera, Gasabo, Gatsibo, Gicumbi, KamonyiKayonza, Kicukiro, Muhanga, Musanze, Nyagatare, Nyanza, Nyarugenge, Rubavu, Ruhango, Rwamagana |
Currency | PKR |
Minimum loan size | PKR 20,000 |
Maximum loan size | 50,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 60% |
PKR 25,000-50,000 | 40% |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 0 |
Greater than PKR 150,000 | 0 |
Shortest loan term | 12.0 months |
Longest loan term | 12.0 months |
Approx average | 12.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 100% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | RWF |
Minimum loan size | RWF 500,000 |
Maximum loan size | 30,000,000 |
Loans less than RWF 500,000 | 0 |
RWF 500,000-1,500,000 | 20% |
RWF 1,500,000-2,500,000 | 20% |
RWF 2,500,000-3,500,000 | 20% |
RWF 3,500,000-4,500,000 | 20% |
Greater than RWF 4,500,000 | 20% |
Shortest loan term | 6.0 months |
Longest loan term | 36.0 months |
Approx average | 24.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 20% |
Between 10 and 12 months | 20% |
Between 13 and 18 months | 20% |
Longer than 18 months | 40% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 20.00% |
Highest quoted nominal interest | 20.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Loan processing Fee |
% of loan amount - min | 2.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Credit Life Insurance |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 150 |
Fixed amount - max | 300 |
Reason for variation | 20k: 150, 21k-25k: 180, 26k-30k:200, 31k-35k:230, 36k-40k:250, 41k-50k:300 |
Appears on Repayment Sched? | 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 |
Lowest quoted nominal interest | 16.00% |
Highest quoted nominal interest | 16.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Commission Fee |
% of loan amount - min | 2.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Ins 1 | |
---|---|
Description | Credit Life |
% of loan amount - min | 1.00% |
% of loan amount - max | 10.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Depends on client age, term and amount. |
Appears on Repayment Sched? | No |
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 |
Loan Amount |
Type of Sample |
Disbursement Date |
Loan Term (Months) |
Grace Period (Months) |
Total Cost of Credit |
Full APR (int fee ins tax dep) |
True Price by Component |
Transparency Index |
Original Repayment Schedule |
MFT Pricing Calculation |
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest price component |
Fee Component |
Insurance Component |
Tax Component |
Deposit Component |
||||||||||
PKR 20,000 | Real | 2015-04-30 | 11.8 months | N/A | PKR 4,550 | 41.7% | 36.0% | 4.1% | 1.6% | 0.0% | 0.0% | 48 | ||
PKR 20,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 4,539.04 | 40.1% | 34.6% | 4.0% | 1.5% | 0.0% | 0.0% | 50 | - | |
PKR 25,000 | Real | 2015-04-29 | 11.8 months | N/A | PKR 5,680 | 41.4% | 35.8% | 4.1% | 1.5% | 0.0% | 0.0% | 48 | ||
PKR 22,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 5,007.95 | 40.2% | 34.6% | 4.0% | 1.6% | 0.0% | 0.0% | 50 | - | |
PKR 23,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 5,227.40 | 40.1% | 34.6% | 4.0% | 1.5% | 0.0% | 0.0% | 50 | - | |
PKR 24,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 5,446.85 | 40.1% | 34.6% | 4.0% | 1.5% | 0.0% | 0.0% | 50 | - | |
PKR 25,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 5,666.30 | 40.0% | 34.6% | 4.0% | 1.4% | 0.0% | 0.0% | 50 | - | |
PKR 29,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 6,564.11 | 40.0% | 34.6% | 4.0% | 1.4% | 0.0% | 0.0% | 50 | - | |
PKR 35,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 7,910.82 | 39.9% | 34.6% | 4.0% | 1.3% | 0.0% | 0.0% | 50 | - | |
PKR 49,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 11,053.15 | 39.8% | 34.6% | 4.0% | 1.2% | 0.0% | 0.0% | 50 | - |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | RWF 500,000 | RWF 1,000,000 | RWF 2,000,000 | RWF 3,000,000 | RWF 3,800,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2011-01-27 | 2011-02-23 | 2011-02-02 | 2011-02-18 | 2011-01-26 | ||||
Loan Term (Months) | 12.0 months | 24.0 months | 24.0 months | 24.0 months | 36.0 months | ||||
Grace Period (Months) | 0.0 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 | Not Known | ||||
True Price by Comp | |||||||||
Interest and Fee Component | 20.0% | 18.1% | 15.1% | 18.1% | 17.4% | ||||
Insurance Component | 1.0% | 2.1% | 34.9% | 0.6% | 2.2% | ||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Full APR (int fee ins tax dep) | 20.9% | 20.2% | 49.9% | 18.7% | 19.7% | ||||
Transparency Index | 76 | 79 | 32 | 86 | 81 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
Key Statistics | |
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# 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 |
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