2. FINCA-UGA
Please note that the information you are viewing is 117 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FINCA Uganda Limited Plot 22 Ben Kiwanuka StreetKampalaPO Box 24450
Data approved: 2014-11-19
Data version: 3
Age of data: 117 months
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Product

FINCA Business Loan Product 1 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 43,336,409,937
Portfolio (USD)USD 17,162,934.63
Active Clients with Loans10,570
Approximate % Female Clients20% - 40%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Available to individuals with collateral and titled security. Offered with loan sizes of 500,000 to 60 million. Borrowers have credit insurance for these loans.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Educationx
Other household finance
Other
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 groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution5
# Regions for this product5
Regions ActiveCentral, Eastern, Northern, Western, Southern

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 500,000
Maximum loan size200,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,0005%
UGX 1,000,000-5,000,00020%
UGX 5,000,000-7,500,00020%
UGX 7,500,000-10,000,00015%
UGX 10,000,000-13,000,00015%
Greater than UGX 13,000,00015%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term36.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months10%
Between 10 and 12 months20%
Between 13 and 18 months40%
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

Pricing Information

Interest
Lowest quoted nominal interest2.00%
Highest quoted nominal interest3.00%
Reason(s) why interest rate variesLoan Size
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionSet Up Commission FeeStamp Study
% of loan amount - min3.00%0
% of loan amount - max3.00%0
OR, Fixed amount - min05,000
Fixed amount - max05,000
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min0.50%
% of loan amount - max0.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

FINCA Business Loan samples
Loan Amount
Type of Sample
Disbursement Date
Loan Term (Months)
Grace Period (Months)
Total Cost of Credit
Full APR (int fee ins tax dep)
True Price by Component
Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
UGX 1,000,000 Generated 2015-02-01 18.0 months N/A UGX 278,127.85 35.6% 29.6% 5.2% 0.8% 0.0% 0.0% 67 - PDF
UGX 4,500,000 Generated 2015-02-01 18.0 months N/A UGX 1,162,636.99 33.0% 27.7% 4.5% 0.8% 0.0% 0.0% 73 - PDF
UGX 7,500,000 Generated 2015-02-01 18.0 months N/A UGX 2,053,458.90 34.9% 29.6% 4.6% 0.7% 0.0% 0.0% 69 - PDF
UGX 8,925,000 Generated 2015-02-01 12.1 months N/A UGX 1,772,272.26 37.0% 29.6% 6.3% 1.1% 0.0% 0.0% 65 - PDF
UGX 10,500,000 Generated 2015-02-01 18.0 months N/A UGX 3,039,531.96 36.9% 31.6% 4.5% 0.8% 0.0% 0.0% 65 - PDF
UGX 12,075,000 Generated 2015-02-01 24.1 months N/A UGX 4,212,227.74 33.8% 29.6% 3.6% 0.6% 0.0% 0.0% 71 - PDF
UGX 13,500,000 Generated 2015-02-01 18.0 months N/A UGX 3,692,226.03 34.9% 29.6% 4.5% 0.8% 0.0% 0.0% 69 - PDF
FINCA Business Loan Price Graphs


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  2. RML
Please note that the information you are viewing is 143 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Rwanda Microfinance Limited Head OfficeKigaliPO Box 6839
Data approved: 2012-08-10
Data version: 2
Age of data: 143 months
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.microafricagroup.com/
Year established2004
Head of InstitutionBernard Kivava
Regions activeMuhanga, Musanze, Nyarugenge
# Branches4

Total Portfolio (nat'l)RWF 2,223,220,010
Total Portfolio (USD)USD 3,473,781.27
Active clients with loans4,960
Approximate % female clients20% - 40%
Approximate % urban clients20% - 40%
Network affiliationsAMIR
FundersMicro Africa Ltd, Ezra Bunyenyezi

Loan Products » Summary

Group
3,231 Borrowers
USD 776,788 Portfolio
Active Product
Salary
957 Borrowers
USD 835,114.53 Portfolio
Active Product
SME
772 Borrowers
USD 1,862,441.23 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan RWF 30,000 - 1,000,000 6 - 12 40% - 60% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins
Salary Loan RWF 100,000 - 5,000,000 6 - 12 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker Credit Educ, Group Mtgs, Credit Ins
SME Loan RWF 1,000,000 - 15,000,000 6 - 24 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 48.00% annual, Decl Bal 1 Fee 1 Ins None 10.00% upfront 59% - 62.4% 72.5% - 78.4% 63
Salary Loan 48.00%-60.00% annual, Decl Bal 2 Fees 1 Ins None N/A 52.7% - 67.3% 55.3% - 71.4% 75
SME Loan 48.00%-60.00% annual, Decl Bal 1 Fee 1 Ins None 0.00%-20.00% upfront 56.2% - 66.3% 88.3% - 101.3% 49
Institution Price Graph
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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