Centenary Rural Development Bank - MFTransparency.org Truth In Lending Tables

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

Centenary Rural Development Bank Mapeera House, Plot 44-46, Kampala RoadKampalaP.O.Box 1892

Data approved: 2013-01-24

Data version: 2

Age of data: 144 months

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Institution Details

Institution Type	Bank
Is this institution regulated?	Yes
Website address	http://www.centenarybank.co.ug/
Year established	1983
Head of Institution	Fabian Kasi
Regions active	Central, Eastern, Northern, Western
# Branches	38

Total Portfolio (nat'l)	UGX 574,975,000,000
Total Portfolio (USD)	USD 221,144,230.80
Active clients with loans	133,802
Approximate % female clients	20% - 40%
Approximate % urban clients	20% - 40%
Network affiliations
Funders

Loan Products » Summary

Home

11,745 Borrowers

USD 16,673,843 Portfolio

Active Product

Micro Bsnss

55,071 Borrowers

USD 29,238,801 Portfolio

Active Product

Salary

49,036 Borrowers

USD 42,212,308 Portfolio

Active Product

Small Bsnss

20,000 Borrowers

USD 1,962 Portfolio

Active Product

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Home Improvement Loan	UGX 100,000 - 30,000,000	3 - 36	20% - 40%	20% - 40%	Housing	Women, Men, Have home or land	Credit Ins
Micro Business Loan	UGX 100,000 - 5,000,000	3 - 24	20% - 40%	20% - 40%	Business	Women, Men, Have business, Specific age group	Credit Ins
Salary Loan	UGX 100,000 - 250,000,000	3 - 48	20% - 40%	40% - 60%	Any Purpose	Women, Men, Salaried worker	Credit Ins
Small Business Loan	UGX 5,100,000 - 20,000,000	3 - 24	20% - 40%	20% - 40%	Business	Women, Men, Have business	Credit Ins

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Home Improvement Loan	24.00% annual, Decl Bal	3 Fees	1 Ins	None	N/A	31.2% - 34.3%	31.6% - 35.2%	72
Micro Business Loan	29.00%-42.00% annual, Decl Bal	2 Fees	1 Ins	None	N/A	30.3% - 45.5%	30.9% - 46.4%	77
Salary Loan	18.96%-27.96% annual, Decl Bal	2 Fees	1 Ins	None	N/A	27.9% - 34%	28.5% - 36%	60
Small Business Loan	21.96%-24.00% annual, Decl Bal	3 Fees	1 Ins	None	N/A	33.1% - 35.3%	33.5% - 36.2%	62

Institution Price Graph

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Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

KREDIT Microfinance Institution Plc. #17, Street 163ChamkarmornPhnom Penh

Data approved: 2013-04-23

Data version: 3

Age of data: 139 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (KHR)	KHR 83,912,338.30
Portfolio (USD)	USD 21,243.63
Active Clients with Loans	180
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	0% - 20%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

SG product is an option for client who invests or develops their business activities by using loan in KHR and forming a solidarity group.

Loan Purpose

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

Included Services

Credit education
Group meetings	x
Credit insurance
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	x
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	12
# Regions for this product	12
Regions Active	Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampot, KandalKratié, Prey VengSiem Reap, Svay Rieng, Takéo

Loan Conditions

Loan Amount

Currency	KHR
Minimum loan size	KHR 100,000
Maximum loan size	1,200,000

Distribution at Disbursement (Est.)

Loans less than KHR 1,000,000	0
KHR 1,000,000-3,500,000	100%
KHR 3,500,000-6,000,000	0
KHR 6,000,000-8,000,000	0
KHR 8,000,000-10,000,000	0
Greater than KHR 10,000,000	0

Loan Term and Grace Period

Shortest loan term	4.0 months
Longest loan term	12.0 months
Approx average	11.1 months

Distribution at Disbursement (Est.)

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

Pricing Information

Interest

Lowest quoted nominal interest	3.00%
Highest quoted nominal interest	3.00%
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

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	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

SG-KHR samples

	Sample 1	Sample 2	Sample 3
Loan Amount	KHR 250,000	KHR 600,000	KHR 1,200,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2012-12-06	2013-01-23	2013-02-22
Loan Term (Months)	10.0 months	13.0 months	12.0 months
Grace Period (Months)	-0.5 months	0.3 months	0.0 months
Total Cost of Credit	KHR 38,000	KHR 125,100	KHR 237,500
True Price by Comp
Interest price component	36.0%	36.0%	36.0%
Fee Component	0.0%	0.0%	0.0%
Insurance Component	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	36.0%	36.0%	36.0%
Transparency Index	100	100	100

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

SG-KHR 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
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	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

SG-KHR samples

SG-KHR Price Graphs

Total Borrowers of Samples

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