2. FINCA-UGA
Please note that the information you are viewing is 119 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. AMRET
Please note that the information you are viewing is 140 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: 119 months
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Institution

Amret Microfinance Institution # 35BA, St.169, Sangkat Veal VongKhan 7 MakaraPhnom Penh, Cambodia855
Data approved: 2013-05-21
Data version: 3
Age of data: 140 months
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Product

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

Product

Business Loan (KHR) Product 2 of 8 « Prev | Next »

Product Summary

Number borrowers11,953
Loan Amount (range)UGX 500,000 - 10,000,000
Loan Term (range)3 - 12
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins
Annual Interest & Method68.8% annual, Decl Bal
Fees1.00% upfront
InsuranceNone
TaxNone
Comp Dep10.0% upfront
Range of pricing 
Interest Price Component27.7% - 68.4%
Fee Component2.2% - 12.5%
Insurance Component0 - 1.1%
Tax Component Range0
Full APR (int fee ins tax dep)82.7% - 87.1%
Transparency Index (min/max)59 - 83
Transparency Index (average)81

Product Summary

21,754
KHR 1,000,000 - 40,000,000
3 - 24
30.0%-42.0% annual, Decl Bal
None
None
None
N/A
 
14.3% - 38.4%
0
0
0
29.9% - 36.7%
58 - 112
89

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

Product Details

Key Statistics
Outstanding portfolio (KHR)KHR 41,361,147,000
Portfolio (USD)USD 10,471,176.46
Active Clients with Loans21,754
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
A business loan is for individuals setting up a new business or expanding an existing enterprise. It is an ideal way for small and medium scale entrepreneurs to gain access to the capital they need.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
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 institution18
# Regions for this product18
Regions ActiveBanteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh Kong, KepKratié, Phnom Penh, Sihanoukville, Pursat, Prey VengSiem Reap, Svay Rieng, Takéo

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

Loan Conditions

Loan Amount
CurrencyKHR
Minimum loan sizeKHR 1,000,000
Maximum loan size40,000,000
Distribution at Disbursement (Est.)
Loans less than KHR 1,000,0005%
KHR 1,000,000-3,500,00050%
KHR 3,500,000-6,000,00010%
KHR 6,000,000-8,000,00010%
KHR 8,000,000-10,000,00010%
Greater than KHR 10,000,00010%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx average16.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less10%
Between 4 and 6 months10%
Between 7 and 9 months10%
Between 10 and 12 months20%
Between 13 and 18 months30%
Longer than 18 months20%
Grace Period
Grace period usage50%
Average grace period2.0 months
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 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

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest3.50%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
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 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
Additional Comments
Grace period depends on the cash flow of the client.

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

Full Pricing Data

Business Loan (KHR) samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountKHR 1,200,000KHR 1,200,000KHR 4,000,000KHR 7,000,000KHR 10,000,000KHR 12,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-02-182013-02-182013-02-052012-12-192011-11-072013-03-06
Loan Term (Months)12.0 months12.0 months19.0 months24.0 months24.0 months24.0 months
Grace Period (Months)3.1 months3.1 months3.9 months0.0 months-0.1 months0.1 months
Total Cost of CreditKHR 299,200KHR 299,200KHR 1,372,100KHR 2,365,000KHR 3,130,400KHR 4,094,200
True Price by Comp           
Interest price component36.7%36.7%34.0%32.2%29.9%32.0%
Fee Component0.0%0.0%0.0%0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)36.7%36.7%34.0%32.2%29.9%32.0%
Transparency Index8282889310094
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
FINCA Small Group Loan 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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