Loan Conditions

Loan Amount

Currency	RWF
Minimum loan size	RWF 50,000
Maximum loan size	5,000,000

Distribution at Disbursement (Est.)

Loans less than RWF 500,000	80%
RWF 500,000-1,500,000	10%
RWF 1,500,000-2,500,000	0
RWF 2,500,000-3,500,000	5%
RWF 3,500,000-4,500,000	0
Greater than RWF 4,500,000	0

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	36.0 months
Approx average	DK

Distribution at Disbursement (Est.)

Loans 3 months or less	10%
Between 4 and 6 months	5%
Between 7 and 9 months	0
Between 10 and 12 months	30%
Between 13 and 18 months	5%
Longer than 18 months	50%

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
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount

Currency	PHP
Minimum loan size	PHP 31,000
Maximum loan size	150,000

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	24.0 months
Approx average	0

Grace Period

Grace period usage	100%
Average grace period	0.5 months

Repayment Frequency

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

Pricing Information

Interest

Upfront Fees

	Fee 1
Description	Loan processing fees
% of loan amount - min	0
% of loan amount - max	2.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	Excluding VAT
Appears on Repayment Sched?	Yes

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?

No

Pricing Information

Interest

Upfront Fees

	Fee 1
Description	Service charge
% of loan amount - min	2.50%
% of loan amount - max	2.50%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	Yes

Ongoing Fees

	Fee 1
Description	Client Training Fund
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	20
Fixed amount - max	20
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Upfront Insurance Fees

	Ins 1
Description	TASAKA
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	875
Fixed amount - max	3,750
Reason for variation	N/A
Appears on Repayment Sched?	Yes

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?	Yes
Do borrowers control deposit in their group?

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	PHP 200
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	3.00%
Maximum interest rate paid	3.00%
Interest payment frequency	Monthly

Taxes

Are taxes charged on this product?

No

Additional Comments

If first loan cycle, Pre-CBU amount is P2. For succeeding loan cycles, as long as no withdrawals, no minimum CBU amount required. If with withdrawal, 2% of loan amount must be maintained. Member is allowed 2 withdrawals per month, as long as CBU does not go below 2% of principal loan amount. The Client Training Fund is used as client counterpart for their capacity building.

Micro Consumer Loans Price Graphs

Asenso Loan Price Graphs