Loan Conditions

Loan Amount

Currency	UGX
Minimum loan size	UGX 100,000
Maximum loan size	5,000,000

Distribution at Disbursement (Est.)

Loans less than UGX 1,000,000	50%
UGX 1,000,000-5,000,000	50%
UGX 5,000,000-7,500,000	0
UGX 7,500,000-10,000,000	0
UGX 10,000,000-13,000,000	0
Greater than UGX 13,000,000	0

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	24.0 months
Approx average	DK

Distribution at Disbursement (Est.)

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

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	x
Quarterly	x
Every 6 months	x
Every 12 months
Single end payment	x
Irregular payments

Loan Conditions

Loan Amount

Currency	PHP
Minimum loan size	PHP 1,000
Maximum loan size	120,000

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	6.0 months
Approx average	6.0 months

Grace Period

Grace period usage	0
Average grace period	0.3 months

Repayment Frequency

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

Pricing Information

Interest

Upfront Fees

	Fee 1		Fee 2
Description	Acceptance Commission		Stamp Duty
% of loan amount - min	2.00%		0
% of loan amount - max	2.00%		0
OR, Fixed amount - min	0		69,000
Fixed amount - max	0		510,000
Reason for variation	N/A		N/A
Appears on Repayment Sched?	Yes		Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Loan Protection Insurance
% of loan amount - min	0.45%
% of loan amount - max	0.45%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

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

This product has no upfront fees

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	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	0
or, Fixed-amount deposited	PHP 60

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	PHP 60
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	7.00%
Maximum interest rate paid	7.00%
Interest payment frequency	Annually

Taxes

Are taxes charged on this product?

No

Additional Comments

There are two types of savings: (1) capital build-up (CBU) is withdrawable savings as long as within the 15% of the loan amount maintaining balance and earns 7% interest paid annually; and (2) locked in capital build-up (LCBU) is a non-interest compulsory savings with P1 weekly contribution and is refundable upon closing the account. In case of death, accumulated CBU and LCBU will be refunded to the beneficiary plus cash benefits

Micro Business Loan Price Graphs

Microfinance Loan Price Graphs