Number borrowers | 31,375 |
Loan Amount (range) | UGX 50,000 - 10,000,000 |
Loan Term (range) | 4 - 8 |
Other Services (text summary) | Credit Educ, Group Mtgs, Credit Ins |
Annual Interest & Method | 68.8% annual, Decl Bal |
Fees | 1.00%-2.00% upfront |
Insurance | None |
Tax | None |
Comp Dep | 10.0% upfront 1.00% ongoing |
Range of pricing | |
Interest Price Component | 27.7% - 68.4% |
Fee Component | 2.2% - 12.5% |
Insurance Component | 0 - 1.1% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 84.2% - 97.9% |
Transparency Index (min/max) | 59 - 83 |
Transparency Index (average) | 78 |
3,404 |
BOB 2,500 - 9,500 |
6 - 18 |
Credit Educ, Group Mtgs, Other Training, Insidencia Politica - Participación ciudadana, Derechos Humanos - Género |
24.0% annual, Decl Bal |
None |
0.32%-0.95% ongoing |
None |
6.00% ongoing |
18.1% - 24.0% |
0 - 0.7% |
0 - 0.7% |
0 |
30.3% - 30.6% |
48 - 79 |
79 |
Outstanding portfolio (UGX) | UGX 14,057,331,353 |
Portfolio (USD) | USD 5,567,259.94 |
Active Clients with Loans | 31,375 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 20% - 40% |
Individual | |
Solidarity group | |
Village banking | x |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | x |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | x |
Other | |
Other (2) |
# Regions for this institution | 5 |
# Regions for this product | 5 |
Regions Active | Central, Eastern, Northern, Western, Southern |
Outstanding portfolio (BOB) | BOB 8,676,490.87 |
Portfolio (USD) | USD 1,285,406.06 |
Active Clients with Loans | 3,404 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | |
Village banking | x |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | x |
Agriculture | x |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | x |
Other | Insidencia Politica - Participación ciudadana |
Other (2) | Derechos Humanos - Género |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 5 |
# Regions for this product | 2 |
Regions Active | Chuquisaca , Potosí |
Currency | UGX |
Minimum loan size | UGX 50,000 |
Maximum loan size | 10,000,000 |
Loans less than UGX 1,000,000 | 40% |
UGX 1,000,000-5,000,000 | 30% |
UGX 5,000,000-7,500,000 | 30% |
UGX 7,500,000-10,000,000 | 0 |
UGX 10,000,000-13,000,000 | 0 |
Greater than UGX 13,000,000 | 0 |
Shortest loan term | 4.0 months |
Longest loan term | 8.0 months |
Approx average | 5.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 70% |
Between 7 and 9 months | 30% |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | BOB |
Minimum loan size | BOB 2,500 |
Maximum loan size | 9,500 |
Loans less than BOB 10,000 | 100% |
BOB 10,000-40,000 | 0 |
BOB 40,000-70,000 | 0 |
BOB 70,000-100,000 | 0 |
BOB 100,000-125,000 | 0 |
Greater than BOB 125,000 | 0 |
Shortest loan term | 6.0 months |
Longest loan term | 18.0 months |
Approx average | 11.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 10% |
Between 10 and 12 months | 80% |
Between 13 and 18 months | 10% |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | x |
Irregular payments |
Lowest quoted nominal interest | 68.80% |
Highest quoted nominal interest | 68.80% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Disbursement Fee |
% of loan amount - min | 1.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | 1% for monthly, 2% for weekly & biweekly loans |
Appears on Repayment Sched? | No |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | No |
Do borrowers control deposit in their group? | No |
% loan amount deposited | 10.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 1.00% |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | Access During |
Minimum interest rate paid | 3.00% |
Maximum interest rate paid | 3.00% |
Interest payment frequency | Monthly |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 24.00% |
Highest quoted nominal interest | 24.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Ins 1 | |
---|---|
Description | Seguro de desgravamen |
% of loan amount - min | 0.32% |
% of loan amount - max | 0.95% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Se cobra mensualmente el 0.0525% sobre el saldo del capital |
Appears on Repayment Sched? | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | Yes |
Do borrowers control deposit in their group? | No |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 6.00% |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
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 | Real | 2014-11-13 | 6.0 months | N/A | UGX 220,003.33 | 84.3% | 67.4% | 3.6% | 0.0% | 0.0% | 13.3% | 82 | ||
UGX 1,000,000 | Generated | 2015-02-01 | 6.0 months | N/A | UGX 210,745.21 | 84.8% | 67.0% | 3.7% | 0.0% | 0.0% | 14.1% | 81 | - | |
UGX 1,000,000 | Real | 2014-11-13 | 6.0 months | N/A | UGX 220,003.33 | 84.3% | 67.4% | 3.6% | 0.0% | 0.0% | 13.3% | 82 | ||
UGX 1,000,000 | Generated | 2015-02-01 | 6.0 months | N/A | UGX 210,745.21 | 84.8% | 67.0% | 3.7% | 0.0% | 0.0% | 14.1% | 81 | - | |
UGX 350,000 | Generated | 2015-02-01 | 3.7 months | N/A | UGX 48,562.74 | 97.9% | 68.0% | 12.5% | 0.0% | 0.0% | 17.4% | 70 | - | |
UGX 675,000 | Generated | 2015-02-01 | 5.5 months | N/A | UGX 129,281.92 | 94.0% | 68.0% | 8.9% | 0.0% | 0.0% | 17.1% | 73 | - | |
UGX 1,800,000 | Generated | 2015-02-01 | 6.0 months | N/A | UGX 379,341.37 | 84.8% | 67.0% | 3.7% | 0.0% | 0.0% | 14.1% | 81 | - | |
UGX 4,500,000 | Generated | 2015-02-01 | 8.0 months | N/A | UGX 1,208,120.55 | 84.2% | 67.0% | 3.0% | 0.0% | 0.0% | 14.2% | 82 | - | |
UGX 6,000,000 | Generated | 2015-02-01 | 7.8 months | N/A | UGX 1,545,008.22 | 91.3% | 68.0% | 6.7% | 0.0% | 0.0% | 16.6% | 75 | - |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | BOB 2,500 | BOB 5,000 | BOB 6,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2013-12-19 | 2014-02-14 | 2014-02-13 | ||
Loan Term (Months) | 6.0 months | 10.0 months | 12.0 months | ||
Grace Period (Months) | 0.0 months | -0.1 months | -0.1 months | ||
Total Cost of Credit | BOB 179.59 | BOB 585.31 | BOB 836.68 | ||
True Price by Comp | |||||
Interest price component | 23.8% | 24.0% | 23.9% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 0.6% | 0.6% | 0.7% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 5.9% | 6.0% | 5.9% | ||
Full APR (int fee ins tax dep) | 30.3% | 30.6% | 30.5% | ||
Transparency Index | 79 | 79 | 79 | ||
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 ∞ |