2. BRAC-UGA
Please note that the information you are viewing is 125 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. BestFUND
Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

BRAC Uganda Microfinance Ltd Plot 90, Busingiri ZoneOff Entebbe RoadKampala, Central31817
Data approved: 2012-06-07
Data version: 2
Age of data: -   months 
Choose version

Institution

BestFUND P.O. Box CT 5217Cantoments, Accra, Greater Accra233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 
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Product

Small Enterprise Program Product 3 of 3 « Prev | Next »

Product

Individual Loan Product 3 of 3 « Prev | Next »

Product Summary

Number borrowers5,161
Loan Amount (range)UGX 1,000,000 - 8,000,000
Loan Term (range)3 - 24
Other Services (text summary)Credit Educ, Business Training
Annual Interest & Method25.0% annual, Flat
Fees1.00% upfront 1,500.00 upfront
Insurance1,500.00 upfront
TaxNone
Comp Dep10.0% upfront
Range of pricing 
Interest Price Component41.1% - 61.9%
Fee Component0.6% - 2.8%
Insurance Component0.1% - 2.6%
Tax Component Range0
Full APR (int fee ins tax dep)44.1% - 53.5%
Transparency Index (min/max)31 - 57
Transparency Index (average)50

Product Summary

3,019
GHS 500 - 1,000
4 - 6
Credit Ins
48.0%-96.0% annual, Flat
10.00 upfront
None
None
10.0% upfront
 
N/A
152.1% - 170.4% (Int+Fee)
0
0
177.2% - 200.3%
15 - 49
25

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 9,166,874,430
Portfolio (USD)USD 3,630,445.32
Active Clients with Loans5,161
Approximate % Female Clients40% - 60%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Individual loans
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 trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
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 institution4
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 1,182,870
Portfolio (USD)USD 788,580
Active Clients with Loans3,019
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This a small loan facility given to individuals. 5,00 - 1,000 cedis for the first cycle.\r
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Otherpetty traders
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 businessx
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
CurrencyUGX
Minimum loan sizeUGX 1,000,000
Maximum loan size8,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,0000
UGX 1,000,000-5,000,00040%
UGX 5,000,000-7,500,00040%
UGX 7,500,000-10,000,00020%
UGX 10,000,000-13,000,0000
Greater than UGX 13,000,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx averagedk
Distribution at Disbursement (Est.)
Loans 3 months or less15%
Between 4 and 6 months15%
Between 7 and 9 months15%
Between 10 and 12 months15%
Between 13 and 18 months20%
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
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 500
Maximum loan size1,000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term6.0 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 usage100%
Average grace period0
Repayment Frequency
Dailyx
Weeklyx
Every 2 weeksx
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 interest25.00%
Highest quoted nominal interest25.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan AppraisalLegal Fee
% of loan amount - min1.00%0
% of loan amount - max1.00%0
OR, Fixed amount - min01,500
Fixed amount - max01,500
Reason for variationN/AN/A
Appears on Repayment Sched?NoYes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionMembership Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min1,500
Fixed amount - max1,500
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositFinal Pmt
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
The insurance fee is paid once a year

Pricing Information

Interest
Lowest quoted nominal interest4.00%
Highest quoted nominal interest8.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionRegistration fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min10
Fixed amount - max10
Reason for variation
Appears on Repayment Sched?No
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?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - N/A
or, Fixed-amount deposited0 - N/A
Deposits DURING period payments
% loan amount deposited0 - N/A
or, Fixed-amount deposited0 - N/A
Conditions on access to depositWhen leaving
Interest Paid on Deposit
Minimum interest rate paid4.00%
Maximum interest rate paid4.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No
Additional Comments
Most clients seeking for this type of a loan are usually charge with the maximum amount of interest charge to encourage group borrowings as to reduced our risk of loan default.\r

Full Pricing Data

Small Enterprise Program samples
Sample 1Sample 2Sample 3
Loan AmountUGX 2,500,000UGX 3,000,000UGX 6,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2012-02-162012-02-122012-03-13
Loan Term (Months)12.0 months12.0 months12.0 months
Grace Period (Months)1.0 month0.0 months1.2 months
Total Cost of CreditUGX 653,000UGX 783,000UGX 1,563,000
True Price by Comp     
Interest price component42.7%42.7%41.1%
Fee Component2.1%2.1%1.9%
Insurance Component0.1%0.1%0.1%
Tax Component0.0%0.0%0.0%
Deposit Component-0.8%8.6%8.0%
Full APR (int fee ins tax dep)44.1%53.5%51.1%
Transparency Index574749
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Individual Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 600GHS 800GHS 1,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-01-252013-03-022013-02-20
Loan Term (Months)3.7 months3.7 months5.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component170.4%167.8%152.1%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component29.9%29.4%25.1%
Full APR (int fee ins tax dep)200.3%197.2%177.2%
Transparency Index242427
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Small Enterprise Program Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeBRAC-UGAInstitutionUG-002-V02-P03ProductUGCountry2012YearRange Number2Institution Data Version01,000,0002,000,0003,000,0004,000,0005,000,0006,000,000Loan Size (all)0%20%40%Full APR (int fee ins tax dep)> 2,0001,5001,00050050Number of Borrowers
Click to view Price Analysis Tool
Individual Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeBestFUNDInstitutionGH-009-V01-P03ProductGHCountry2011YearRange Number1Institution Data Version02004006008001,000Loan Size (all)0%50%100%150%200%Full APR (int fee ins tax dep)> 1,5001,10070030040Number 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
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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