APAS Financial Services Ltd - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 163 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

APAS Financial Services Ltd 4th Floor Diamond Trust BuildingKampala, CentralPO Box 9360

Data approved: 2011-06-29

Data version: 1

Age of data: 163 months

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Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	http://www.apasgroup.com/
Year established	2005
Head of Institution	Amos Ruhongore
Regions active	Eastern, Western
# Branches	2

Total Portfolio (nat'l)	UGX 320,000,000
Total Portfolio (USD)	USD 128,000
Active clients with loans	320
Approximate % female clients	40% - 60%
Approximate % urban clients	80% - 100%
Network affiliations	AMFIU, Microfinance Management Institute
Funders

Loan Products » Summary

Group

200 Borrowers

USD 100,000 Portfolio

Active Product

Idv Bsnss

120 Borrowers

USD 28,000 Portfolio

Active Product

Loan Products » Conditions

Product Name		Loan Size Range		Loan Term (months)		% Female		% Urban		Loan Purpose		Eligibility		Other Services
Group Loans		UGX 100,000 - 1,500,000		3 - 6		40% - 60%		80% - 100%		Business		Women, Men, Have business		Credit Educ, Group Mtgs, Business Training
Individual Business Loans		UGX 500,000 - 10,000,000		1 - 6		40% - 60%		80% - 100%		Business		Women, Men, Have business		Other Training

Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
Group Loans		48.00% annual, Flat		1 Fee		0 Ins		None		N/A		40.1% - 86.6%		40.1% - 86.6%		75
Individual Business Loans		60.00%-120.00% annual, Flat		1 Fee		0 Ins		None		N/A		86.2% - 87.1%		86.2% - 87.1%		69

Institution Price Graph

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Please note that the information you are viewing is 130 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FFP Prodem S.A. Belisario Salinas # 520La Paz13963

Data approved: 2013-09-06

Data version: 2

Age of data: 130 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (BOB)	BOB 194,376,135
Portfolio (USD)	USD 28,796,464.44
Active Clients with Loans	1,096
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Credito destinado para la compra de mercaderia. El mismo es de corto plazo a una cuota con garantia prendaria (mercarderia). El credito es otorgado en Bolivianos como en dolares.

Loan Purpose

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

Included Services

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

Eligibility

Men	x
Women	x
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	9
# Regions for this product	9
Regions Active	Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija

Loan Conditions

Loan Amount

Currency	BOB
Minimum loan size	BOB 24,000
Maximum loan size	140,000

Distribution at Disbursement (Est.)

Loans less than BOB 10,000	0
BOB 10,000-40,000	5%
BOB 40,000-70,000	15%
BOB 70,000-100,000	30%
BOB 100,000-125,000	10%
Greater than BOB 125,000	10%

Loan Term and Grace Period

Shortest loan term	1.0 month
Longest loan term	6.0 months
Approx average	5.5 months

Distribution at Disbursement (Est.)

Loans 3 months or less	10%
Between 4 and 6 months	90%
Between 7 and 9 months	0
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
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment	x
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	16.00%
Highest quoted nominal interest	27.00%
Reason(s) why interest rate varies	Branch, Time as Client, Loan Size, Client Risk
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Seguro de desgravamen anticipado
% of loan amount - min	0.07%
% of loan amount - max	0.39%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	Fee is 0.065% multiplied by the number of months between the disbursement date and the first date of repayment.
Appears on Repayment Sched?	Yes

Ongoing Insurance Fees

	Ins 1
Description	Seguro de desgravamen
% of loan amount - min	0.07%
% of loan amount - max	0.39%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	Fee is 0.065% per month, charged on the outstanding loan principal.
Appears on Repayment Sched?	Yes

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

Estacional samples

	Sample 1	Sample 2	Sample 3
Loan Amount	BOB 80,000	BOB 80,000	BOB 135,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2013-08-20	2013-07-19	2013-10-18
Loan Term (Months)	5.9 months	6.0 months	5.9 months
Grace Period (Months)	0.0 months	5.0 months	4.9 months
Total Cost of Credit	BOB 5,529.67	BOB 6,712	BOB 11,874
True Price by Comp
Interest price component	17.4%	15.6%	16.6%
Fee Component	0.0%	0.0%	0.0%
Insurance Component	1.1%	0.8%	0.8%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	18.5%	16.4%	17.4%
Transparency Index	86	98	92

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

Estacional 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
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞

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

Estacional samples

Estacional Price Graphs

Total Borrowers of Samples

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