2. FINCA-UGA
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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 Small Group Loan Product 2 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 6,555,997,700
Portfolio (USD)USD 2,596,434.73
Active Clients with Loans11,953
Approximate % Female Clients20% - 40%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Available to individuals within groups of 5-10 members, ranging from 500,000 to 6,000,000. Minimum requirement of personal collateral and group guarentee.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Educationx
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
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 product4
Regions ActiveCentral, Eastern, Northern, Western

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 500,000
Maximum loan size10,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,00040%
UGX 1,000,000-5,000,00030%
UGX 5,000,000-7,500,00030%
UGX 7,500,000-10,000,0000
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 term12.0 months
Approx average8.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months30%
Between 10 and 12 months60%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
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 interest68.80%
Highest quoted nominal interest68.80%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionApplication Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
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?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 depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No

Full Pricing Data

FINCA Small Group 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 500,000 Generated 2015-02-01 8.7 months N/A UGX 133,646.58 87.1% 68.4% 3.2% 0.0% 0.0% 15.5% 79 - PDF
UGX 900,000 Generated 2015-02-01 9.0 months N/A UGX 267,612.60 83.4% 67.0% 2.7% 0.0% 0.0% 13.7% 83 - PDF
UGX 1,250,000 Generated 2015-02-01 8.7 months N/A UGX 334,116.44 87.1% 68.4% 3.2% 0.0% 0.0% 15.5% 79 - PDF
UGX 2,500,000 Generated 2015-02-01 12.1 months N/A UGX 959,611.87 82.7% 67.0% 2.2% 0.0% 0.0% 13.5% 83 - PDF
UGX 3,200,000 Generated 2015-02-01 11.7 months N/A UGX 1,129,784.11 86.0% 68.4% 2.5% 0.0% 0.0% 15.1% 80 - PDF
UGX 4,000,000 Generated 2015-02-01 11.7 months N/A UGX 1,412,230.14 86.0% 68.4% 2.5% 0.0% 0.0% 15.1% 80 - PDF
UGX 5,100,000 Generated 2015-02-01 12.1 months N/A UGX 1,957,608.22 82.7% 67.0% 2.2% 0.0% 0.0% 13.5% 83 - PDF
UGX 6,000,000 Generated 2015-02-01 12.1 months N/A UGX 2,303,068.49 82.7% 67.0% 2.2% 0.0% 0.0% 13.5% 83 - PDF
FINCA Small Group Loan Price Graphs


Click to view Price Analysis Tool
Institution # Borrowers Portfolio (US$) Products Age of Data
ACLEDA235,200215,086,0006167
AMK288,20063,784,00016139
AMRET299,500149,542,0008139
Chamroeun48,1007,480,0004119
Farmer Finance200407,0001139
First Finance5005,819,0001139
HKL73,40093,842,0003139
KREDIT61,80059,319,0009139
Maxima2,9003,179,0003139
PRASAC138,500251,931,0009139
Seilanithih15,2007,516,0005139
SPN35,10029,828,0006139
TPC120,00045,931,00013139
VF Cambodia148,60048,984,00018139
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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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