Amasezerano Community Bank - Kaze (Solidarity Group) GS & GS-PU - MFTransparency.org Truth In Lending Tables

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Institution

Amasezerano Community Bank Head OfficeKigaliPO Box 4691

Data approved: 2012-10-17

Data version: 2

Age of data: 145 months

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Product

Kaze (Solidarity Group) GS & GS-PU Product 5 of 7 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (RWF)	RWF 295,147,266
Portfolio (USD)	USD 468,488
Active Clients with Loans	2,764
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	0% - 20%

Methodology

Individual	x
Solidarity group	x
Village banking
Self help group
Other

Description

This product is designed for very poor people and solidarity group with income generating activities. An individual can get this loan when it is guaranteed by a client of ACB. When it is group loan there is no need for guarantee.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing	x
Consumer loan
Agriculture
Education	x
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 services	x

Eligibility

Men	x
Women
Must run a business	x
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 institution	2
# Regions for this product	5
Regions Active	Bugesera, Kicukiro, Nyarugenge, Rubavu, Rusizi

Loan Conditions

Loan Amount

Currency	RWF
Minimum loan size	RWF 10,000
Maximum loan size	500,000

Distribution at Disbursement (Est.)

Loans less than RWF 500,000	100%
RWF 500,000-1,500,000	0
RWF 1,500,000-2,500,000	0
RWF 2,500,000-3,500,000	0
RWF 3,500,000-4,500,000	0
Greater than RWF 4,500,000	0

Loan Term and Grace Period

Shortest loan term	4.0 months
Longest loan term	12.0 months
Approx average	8.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	90%
Between 7 and 9 months	10%
Between 10 and 12 months	0
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	30.00%
Highest quoted nominal interest	30.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1	Fee 2
Description	Commission Fee	Loan Application Fee
% of loan amount - min	1.50%	0
% of loan amount - max	1.50%	0
OR, Fixed amount - min	0	10,000
Fixed amount - max	0	10,000
Reason for variation	N/A	N/A
Appears on Repayment Sched?	No	No

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 for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	Yes
Percentage of fees	18%
All or some fees taxed	All

Full Pricing Data

Kaze (Solidarity Group) GS & GS-PU samples

	Sample 1	Sample 2	Sample 3
Loan Amount	RWF 100,000	RWF 250,000	RWF 100,000
Loan Cycle (1, 2, 3, etc)	1	Not Known	Not Known
Disbursement Date	2012-05-15	2012-06-15	2012-09-05
Loan Term (Months)	6.0 months	6.0 months	6.0 months
Grace Period (Months)	6.1 months	1.0 month	6.0 months
Total Cost of Credit	RWF 28,570	RWF 54,175	RWF 28,570
True Price by Comp
Interest price component	27.7%	48.6%	28.2%
Fee Component	24.3%	20.9%	24.7%
Insurance Component	0.0%	0.0%	0.0%
Tax Component	4.7%	3.8%	4.7%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	56.7%	73.3%	57.6%
Transparency Index	53	41	52

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

Kaze (Solidarity Group) GS & GS-PU Price Graphs

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AGFS	200	47,000	2	160
Ahantaman RB	23,800	9,896,000	4	142
APED	13,700	1,876,000	2	142
ASA Initiative	4,400	577,000	4	142
ASA-Ghana	71,600	18,385,000	2	142
ASPI	800	88,000	6	142
Atwima Kwanwoma	3,800	1,788,000	2	142
Baobab	5,100	967,000	2	142
BestFUND	13,000	4,172,000	3	142
Bonzali Rural	10,400	1,691,000	4	160
CashPhase	83	135,000	2	142
CASUD	1,100	524,000	1	142
CEDEF	500	54,000	4	142
CFF	100	13,000	1	142
CRAN	3,600	1,019,000	2	142
DQF	1,700	63,000	2	142
EASL	9,200	11,409,000	6	142
East Mamprusi	12,500	2,268,000	4	142
ELDA	0	0	0	142
EMPRETEC Ghana	200	56,000	2	142
FASL	13,500	14,047,000	8	142
Grameen Ghana	9,500	507,000	3	142
ID-Ghana	5,600	953,000	3	142
Innovative Finance	2,700	354,000	3	142
Kraban Support	7,700	781,000	5	160
KRB	4,000	6,350,000	3	142
Lower Pra RB	34,000	6,316,000	3	160
Maata-N-Tudu	12,000	941,000	4	142
Mail Finance	300	288,000	1	142
Markaz	0	0	0	142
Markaz Al Bishara	100	17,000	1	142
MicrofinPlus Gh	1,100	251,000	2	142
Nwabiagya RB	4,000	2,265,000	3	142
OISL	62,000	27,232,000	9	142
Pro Credit	0	0	0	142
Rich Step	100	101,000	1	142
SAT	147,600	29,359,000	4	142
Sekam Trust	600	137,000	2	142
Simli Pong	8,900	463,000	3	160
SS Ghana	200	35,000	1	142
TCCU	100	32,000	3	142
The Bridge	400	32,000	3	160
Union RB	3,800	2,361,000	4	142

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

	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 ∞

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Kaze (Solidarity Group) GS & GS-PU samples

Kaze (Solidarity Group) GS & GS-PU Price Graphs

Total Borrowers of Samples

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