Urwego Opportunity Bank - MFTransparency.org Truth In Lending Tables

Institution

Urwego Opportunity Bank Plot 1230 NyarugengeAvenue de la PaixKigaliPO Box 748

Data approved: 1900-01-00

Data version: 3

Age of data: - months

Institution Details

Institution Type	Non Bank Financial Institution
Is this institution regulated?	Yes
Website address	http://www.uob.rw/
Year established	1997
Head of Institution	Tineyi Emmanuel Mawocha
Regions active	Bugesera, Burera, Gakenke, Gasabo, Gatsibo, Gicumbi, Gisagara, Huye, Kamonyi, KarongiKayonza, Kicukiro, Kirehe, Muhanga, Musanze, Ngoma, Ngororero, Nyabihu, Nyagatare, NyamagabeNyamasheke, Nyanza, Nyarugenge, Nyaruguru, Rubavu, Ruhango, Rulindo, Rusizi, Rutsiro, Rwamagana
# Branches	36

Total Portfolio (nat'l)	RWF 9,442,026,780
Total Portfolio (USD)	USD 14,753,166.84
Active clients with loans	38,207
Approximate % female clients	60% - 80%
Approximate % urban clients	60% - 80%
Network affiliations	Opportunity International, Hope International, World Relief
Funders	MasterCard Foundation, Gates Foundation, Credit Suisse, European Union

Loan Products » Summary

Adv CB

4,400 Borrowers

USD 2,415,381.41 Portfolio

Active Product

Community

31,626 Borrowers

USD 5,853,689.15 Portfolio

Active Product

Idv Business

1,331 Borrowers

USD 4,953,276.75 Portfolio

Active Product

Sol Grp

348 Borrowers

USD 238,999.72 Portfolio

Active Product

Micro Con

255 Borrowers

USD 136,876.71 Portfolio

Active Product

Cash

0 Borrowers

USD 1,156,975.32 Portfolio

Low Volume Product

Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Advanced Community Banking	RWF 250,000 - 3,000,000	6 - 12	60% - 80%	40% - 60%	Business, Other	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Community Banking	RWF 30,000 - 1,500,000	4	60% - 80%	20% - 40%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Micro Individual/Business Loan	RWF 250,000 - 60,000,000	8 - 60	20% - 40%	20% - 40%	Business, Agriculture, Housing, Consumer, Education	Women, Men	Business Training
New Solidarity Group	RWF 250,000 - 6,000,000	6 - 24	60% - 80%	80% - 100%	Business, Consumer, Other	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Micro Consumer Loans	RWF 50,000 - 5,000,000	3 - 36	20% - 40%	20% - 40%	Consumer, Education, Other	Women, Men, Salaried worker

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Advanced Community Banking	24.0% annual, Flat	1 Fee	1 Ins	18.00% fees	10.0% upfront	43.4% - 50.1%	53% - 60.9%	42
Community Banking	24.0% annual, Flat	1 Fee	1 Ins	18.00% fees	10.0% upfront	47.4% - 54.7%	59.1% - 67.8%	37
Micro Individual/Business Loan	10.0%-20.0% annual, Decl Bal	1 Fee	1 Ins	18.00% fees	N/A	21.3% - 22.9%	22.1% - 24.5%	43
New Solidarity Group	18.0% annual, Flat	1 Fee	1 Ins	18.00% fees	15.0% upfront	44.2%	60.6%	30
Micro Consumer Loans	18.0%-20.0% annual, Decl Bal	1 Fee	0 Ins	None	N/A	22.1% - 25.9%	22.1% - 25.9%	75

Institution Price Graph

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Please note that the information you are viewing is 121 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Access Bank Tanzania Limited Derm HouseNew Bagamoyo RoadDar es SalaamPO Box 95068

Data approved: 2014-09-03

Data version: 3

Age of data: 121 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (TZS)	TZS 1,391,194,065
Portfolio (USD)	USD 874,964.82
Active Clients with Loans	1,115
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	0% - 20%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Product tailored specifically for agricultural producers, in particular crop growers.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture	x
Education
Other household finance
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance
Workplace visits	x
Business training
Other training
Other
Other (2)
No other services

Eligibility

Men	x
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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	4
# Regions for this product	3
Regions Active	Mwanza, Shinyanga, Tabora

Loan Conditions

Loan Amount

Currency	TZS
Minimum loan size	TZS 100,000
Maximum loan size	25,000,000

Distribution at Disbursement (Est.)

Loans less than TZS 350,000	5%
TZS 350,000-1,250,000	20%
TZS 1,250,000-2,000,000	20%
TZS 2,000,000-3,000,000	20%
TZS 3,000,000-4,000,000	15%
Greater than TZS 4,000,000	15%

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	18.0 months
Approx average	10.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	10%
Between 7 and 9 months	20%
Between 10 and 12 months	70%
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	70%
Average grace period	3.0 months

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	x

Pricing Information

Interest

Lowest quoted nominal interest	3.50%
Highest quoted nominal interest	4.50%
Reason(s) why interest rate varies	Time as Client, Loan Size
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Disbursement 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

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

Are taxes charged on this product?

Full Pricing Data

Agroloan samples

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
Loan Amount	Type of Sample	Disbursement Date	Loan Term (Months)	Grace Period (Months)	Total Cost of Credit	Full APR (int fee ins tax dep)	Interest price component	Fee Component	Insurance Component	Tax Component	Deposit Component	Transparency Index	Original Repayment Schedule	MFT Pricing Calculation
TZS 750,000	Generated	2014-11-01	7.9 months	N/A	TZS 200,603.19	56.4%	51.6%	4.8%	0.0%	0.0%	0.0%	74	-	PDF
TZS 1,500,000	Generated	2014-11-01	7.9 months	N/A	TZS 401,206.38	56.4%	51.6%	4.8%	0.0%	0.0%	0.0%	74	-	PDF
TZS 2,500,000	Generated	2014-09-01	12.2 months	0.0 months	TZS 790,691.23	54.0%	50.0%	4.0%	0.0%	0.0%	0.0%	78	-	PDF
TZS 2,500,000	Generated	2014-11-01	7.9 months	N/A	TZS 668,677.30	56.4%	51.6%	4.8%	0.0%	0.0%	0.0%	74	-	PDF
TZS 3,500,000	Generated	2014-11-01	7.9 months	N/A	TZS 936,148.22	56.4%	51.6%	4.8%	0.0%	0.0%	0.0%	74	-	PDF
TZS 4,500,000	Generated	2014-11-01	7.9 months	N/A	TZS 1,203,619.15	56.4%	51.6%	4.8%	0.0%	0.0%	0.0%	74	-	PDF

Agroloan Price Graphs

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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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
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Std Dev

By Inst Type


By Country

	X Axis
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Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » Pricing Information

Institution Price Graph

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

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