| 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 |
| 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 |
| 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 |
| Outstanding portfolio (PHP) | PHP 469,279 |
| Portfolio (USD) | USD 11,226.77 |
| Active Clients with Loans | 708 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other | Borrower needs 2 co-makers as guarantors |
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | Health |
| Other (2) |
| Credit education | |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | Health checks |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | x |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | Must be in loan cycle 2 of K-Negosyo |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | PHP |
| Minimum loan size | PHP 380 |
| Maximum loan size | 3,920 |
| Shortest loan term | 3.0 months |
| Longest loan term | 6.0 months |
| Approx average | 3.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| 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 |
| Lowest quoted nominal interest | 2.50% |
| Highest quoted nominal interest | 2.50% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | PHP 1,960 | PHP 2,140 | PHP 2,140 | ||
| Loan Cycle (1, 2, 3, etc) | 1 | 1 | 1 | ||
| Disbursement Date | 2011-03-11 | 2011-03-29 | 2011-03-11 | ||
| Loan Term (Months) | 5.8 months | 5.8 months | 5.8 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | Not Known | Not Known | Not Known | ||
| True Price by Comp | |||||
| Interest and Fee Component | 60.3% | 57.8% | 59.9% | ||
| 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) | 60.3% | 57.8% | 59.9% | ||
| Transparency Index | 50 | 52 | 50 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| 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 ∞ | ||||||
