2. COOPEDU
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Institution

COOPEDU District KICUKIROKIGALIB.P 4053 KIGALI
Data approved: 2011-09-16
Data version: 1
Age of data: -   months 
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Product

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Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 71,543,597
Portfolio (USD)USD 121,260
Active Clients with Loans140
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Cr?dit octroy? aux membres de la COOPEDU dont le salaire est vers? mensuellement sur leur compte ?? la COOPEDU. Le salaire constitu la garantie\r
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
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 services
Eligibility
Menx
Womenx
Must run a business
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan sizeRWF 94,800
Maximum loan size3,500,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term24.0 months
Approx average0
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage90%
Average grace period0.3 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest1.70%
Highest quoted nominal interest1.70%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCommission sur credit
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionAssurance sur credit - depends on age, loan amount, loan term
% of loan amount - min1.00%
% of loan amount - max10.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?
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?Yes
Percentage of fees0
All or some fees taxedN/A

Full Pricing Data

Avance Sur Salaire samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountRWF 100,000RWF 250,000RWF 500,000RWF 960,000RWF 2,000,000RWF 3,256,000
Loan Cycle (1, 2, 3, etc)11110
Disbursement Date2012-03-272012-02-222012-01-262011-11-24N/A
Loan Term (Months)12.0 months12.0 months5.0 months24.0 months24.0 months18.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component22.0%22.1%24.4%23.0%0.0%21.3%
Insurance Component2.4%2.3%1.2%1.4%21.7%0.6%
Tax Component0.4%0.4%0.8%0.2%-21.7%0.2%
Deposit Component0.0%0.0%0.0%0.0%22.8%0.0%
Full APR (int fee ins tax dep)24.8%24.8%26.4%24.6%22.8%22.1%
Transparency Index828277839092
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Avance Sur Salaire Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.CoOpInstitution TypeAnyLoan PurposeCOOPEDUInstitutionRW-004-V01-P01ProductRWCountry2011YearRange Number1Institution Data Version01,000,0002,000,0003,000,000Loan Size (all)0%10%20%Full APR (int fee ins tax dep)> 20102Number 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
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AfricaWorks6,5001,843,0008122
AZADER2003,0002162
BOM18,9006,422,0003130
CCOM9,1002,995,0006146
FDM7,2001,002,0004146
Hluvuku-ADSEMA5,3002,959,0003146
IRAM000146
ProCredit000146
Tchuma000146
SOCREMO-N/A173
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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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