2. COOJAD
Please note that the information you are viewing is 148 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Equity Bank
Please note that the information you are viewing is 146 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Cooperative De La Jeuneuse Pour L'Auto D'Emploi Et Developement Head OfficeKigaliPO Box 3739
Data approved: 2012-10-05
Data version: 2
Age of data: 148 months
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Institution

Equity Bank P.O. Box 75104-00200Hospital Road, Equity Centre, 9th FloorNairobi
Data approved: 2013-09-23
Data version: 2
Age of data: 146 months
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Product

Transport Loan Product 5 of 6 « Prev | Next »

Product

Agricultural Commercial Loan Product 1 of 10 « Prev | Next »

Product Summary

Number borrowers68
Loan Amount (range)RWF 500,000 - 5,000,000
Loan Term (range)12 - 36
Other Services (text summary)Credit Educ
Annual Interest & Method16.00%-18.00% annual, Decl Bal
Fees2 fees
InsuranceNone
TaxNone
Comp Dep25.00% upfront
Range of pricing 
Interest Price Component15.0% - 46.2%
Fee Component0.9% - 29.9%
Insurance Component0 - 0.6%
Tax Component Range0
Full APR (int fee ins tax dep)38.9% - 48.6%
Transparency Index (min/max)33 - 182
Transparency Index (average)38

Product Summary

418
KES 100,000 - 4,000,000,000
1 - 36
Credit Ins
18.0% annual, Decl Bal
2.00%-3.00% upfront
0.63% upfront
None
N/A
 
13.4% - 37.3%
0 - 11.0%
0 - 2.3%
0
21.7% - 26.5%
37 - 83
77

Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 57,822,966
Portfolio (USD)USD 91,782
Active Clients with Loans68
Approximate % Female Clients0% - 20%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Tout pret en rapport avec l'activite commerciale de transport comme un vehicule de taxi voiture, de taxi moto, de velo moteur, camionnette.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
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 institution3
# Regions for this product3
Regions ActiveGasabo, Kicukiro, Nyarugenge

Product Details

Key Statistics
Outstanding portfolio (KES)KES 85,485,991
Portfolio (USD)USD 1,032,439.51
Active Clients with Loans418
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This is a medium term lending to farmers to assist them in meeting various needs including farm machinery, tools and any other farm and social development needs. Repayments can be negotiated to match the seasonality of proceeds.
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
OtherPurchase of farm inputs and farm machinery.
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
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
OtherMust be in commercial farming for over a year
Other (2)Active account with Equity
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution8
# Regions for this product8
Regions ActiveCentral, Coast, Eastern, Nairobi, North Eastern, Nyanza, Rift Valley, Western

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan sizeRWF 500,000
Maximum loan size5,000,000
Distribution at Disbursement (Est.)
Loans less than RWF 500,0000
RWF 500,000-1,500,00020%
RWF 1,500,000-2,500,00020%
RWF 2,500,000-3,500,00020%
RWF 3,500,000-4,500,00020%
Greater than RWF 4,500,00020%
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term36.0 months
Approx average24.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months40%
Between 13 and 18 months40%
Longer than 18 months20%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyKES
Minimum loan sizeKES 100,000
Maximum loan size4,000,000,000
Distribution at Disbursement (Est.)
Loans less than KES 50,0000
KES 50,000-150,0005%
KES 150,000-250,00030%
KES 250,000-350,00040%
KES 350,000-450,00020%
Greater than KES 450,00020%
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term36.0 months
Approx average18.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months20%
Between 10 and 12 months20%
Between 13 and 18 months20%
Longer than 18 months30%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest16.00%
Highest quoted nominal interest18.00%
Reason(s) why interest rate variesLoan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionCommission FeeProcessing Fee
% of loan amount - min1.00%1.50%
% of loan amount - max1.00%1.50%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited25.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest1.50%
Highest quoted nominal interest1.50%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionLACE (Loan Application & Credit Evaluation) Fee
% of loan amount - min2.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation3% for 1st cycle, 2% for multiple cycle loans
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionAnnual Insurance Fee
% of loan amount - min0.63%
% of loan amount - max0.63%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation0.625% per annum.
Appears on Repayment Sched?No
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?No

Full Pricing Data

Transport Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountRWF 5,000,000RWF 5,000,000RWF 3,500,000RWF 1,250,000
Loan Cycle (1, 2, 3, etc)3103
Disbursement Date2012-07-112012-07-062012-07-192012-08-01
Loan Term (Months)37.0 months37.0 months37.0 months13.0 months
Grace Period (Months)0.1 months0.0 months1.8 months0.5 months
Total Cost of CreditRWF 2,186,904RWF 2,186,904RWF 1,530,840RWF 218,750
True Price by Comp       
Interest price component22.9%23.7%22.8%24.5%
Fee Component1.8%1.9%1.7%4.6%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component14.5%15.4%14.4%19.5%
Full APR (int fee ins tax dep)39.2%41.0%38.9%48.6%
Transparency Index41394133
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Agricultural Commercial Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountKES 100,000KES 180,000KES 300,000KES 400,000KES 500,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-05-302013-05-292013-05-152013-05-172013-05-16
Loan Term (Months)4.9 months12.0 months37.0 months36.0 months37.0 months
Grace Period (Months)-0.1 months-0.1 months0.0 months-0.2 months0.0 months
Total Cost of CreditKES 10,699.38KES 24,351.19KES 109,241.38KES 142,970.67KES 181,590.01
True Price by Comp         
Interest price component19.7%19.8%19.8%19.8%19.8%
Fee Component5.2%3.9%1.5%1.5%1.5%
Insurance Component1.6%1.2%0.4%0.5%0.4%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)26.5%24.9%21.7%21.8%21.7%
Transparency Index6872838383
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Transport Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.CoopInstitution TypeBusinessLoan PurposeCOOJADInstitutionRW-005-V02-P05ProductRWCountry2012YearRange Number2Institution Data Version01,000,0002,000,0003,000,0004,000,0005,000,000Loan Size (all)0%20%40%Full APR (int fee ins tax dep)> 1071Number of Borrowers
Click to view Price Analysis Tool
Agricultural Commercial Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeAgricultureLoan PurposeEquity BankInstitutionKE-007-V02-P01ProductKECountry2013YearRange Number2Institution Data Version0100,000200,000300,000400,000500,000Loan Size (all)0%10%20%Full APR (int fee ins tax dep)> 100809Number of Borrowers
Click to view Price Analysis Tool
Caps / Zoom options
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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