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. PMPC
Please note that the information you are viewing is 160 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

Paglaum Multi Purpose Cooperative 2F PMPC Bldg., Eastern LoocPlaridel, Misamis Occidental7209
Data approved: 2011-11-15
Data version: 1
Age of data: 160 months

Product

FINCA Agriculture Loan Product 4 of 4 « Prev | Next »

Product

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Product Summary

Number borrowers2,474
Loan Amount (range)UGX 100,000 - 60,000,000
Loan Term (range)3 - 36
Other Services (text summary)Loan guarantee up to 50% by agribusiness initiative
Annual Interest & Method42.0%-68.8% annual, Decl Bal
Fees1.00% upfront 3.00% upfront
InsuranceNone
TaxNone
Comp DepN/A
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)59.7% - 71.5%
Transparency Index (min/max)59 - 83
Transparency Index (average)66

Product Summary

5,185
PHP 500 - 1,000,000
1 - 36
Credit Educ, Credit Ins, Tech Asst Visits, Business Training
36.0% annual, Flat
4.00% upfront 100.00 upfront
1.50% upfront 20.00 ongoing
None
6.5% upfront 26.00 ongoing
 
N/A
69.9% - 88.7% (Int+Fee)
2.2% - 83.9%
0
83.2% - 122.6%
15 - 136
37

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 5,240,953,615
Portfolio (USD)USD 2,075,625.19
Active Clients with Loans2,474
Approximate % Female Clients40% - 60%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity groupx
Village bankingx
Self help group
Other
Description
The product finances business activities in agricultural business, processing and marketing value chain, animal production etc. Target group is small holder farmers, small agribusiness & enterpreneurs, cooperatives and SACCOs.
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 insurance
Workplace visits
Business training
Other training
OtherLoan guarantee up to 50% by agribusiness initiative
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherIndividual farmers & farmers in cooperatives
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

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 91,512,080
Portfolio (USD)USD 2,189,284.21
Active Clients with Loans5,185
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
To provide additional capital to all regular members to finance the following; 1. Livelihood projects. 2. Business Activities and 3. Other important needs
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loanx
Agriculture
Educationx
Other household financex
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visitsx
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust be Coop member
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 100,000
Maximum loan size60,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,00015%
UGX 1,000,000-5,000,00015%
UGX 5,000,000-7,500,00015%
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 less15%
Between 4 and 6 months15%
Between 7 and 9 months15%
Between 10 and 12 months15%
Between 13 and 18 months20%
Longer than 18 months20%
Grace Period
Grace period usage100%
Average grace period6.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 monthsx
Quarterlyx
Every 6 monthsx
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 500
Maximum loan size1,000,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term36.0 months
Approx average0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Dailyx
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 interest42.00%
Highest quoted nominal interest68.80%
Reason(s) why interest rate variesCollateral
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionApplication FeeMonitoring & Commission Fee
% of loan amount - min1.00%3.00%
% of loan amount - max1.00%3.00%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationN/AMonitoring Fee 1%, Commission Fee 2%
Appears on Repayment Sched?NoNo
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

Pricing Information

Interest
Lowest quoted nominal interest3.00%
Highest quoted nominal interest3.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionService FeeNotarial Fee
% of loan amount - min4.00%0
% of loan amount - max4.00%0
OR, Fixed amount - min0100
Fixed amount - max0100
Reason for variationN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Insurance
% of loan amount - min1.50%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
Ins 1
DescriptionMBA, Life and Retirement Insurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min20
Fixed amount - max20
Reason for variationN/A
Appears on Repayment Sched?No
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited6.50%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 26
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No
Additional Comments
Savings Prior to Disbursement= CBU (2.5% of Loan Amount) + MMAF Standby Fund (4% of Loan Amount) Savings During Period Repayments = Weekly CBU (PhP2)+ Weekly MMAF (PhP6)

Full Pricing Data

FINCA Agriculture 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 2,250,000 Generated 2015-02-01 18.0 months N/A UGX 1,593,206.36 71.5% 65.8% 5.7% 0.0% 0.0% 0.0% 59 - PDF
UGX 2,587,500 Generated 2015-02-01 24.1 months N/A UGX 1,927,877.66 59.7% 55.0% 4.7% 0.0% 0.0% 0.0% 70 - PDF
UGX 4,500,000 Generated 2015-02-01 17.8 months N/A UGX 3,277,336.20 62.8% 58.1% 4.7% 0.0% 0.0% 0.0% 67 - PDF
UGX 5,175,000 Generated 2015-02-01 24.1 months N/A UGX 4,345,036.60 64.3% 59.7% 4.6% 0.0% 0.0% 0.0% 65 - PDF
UGX 7,500,000 Generated 2015-02-01 16.8 months N/A UGX 4,672,183.58 59.9% 54.8% 5.1% 0.0% 0.0% 0.0% 70 - PDF
UGX 8,625,000 Generated 2015-02-01 21.7 months N/A UGX 6,567,754.94 60.1% 55.6% 4.5% 0.0% 0.0% 0.0% 70 - PDF
UGX 10,500,000 Generated 2015-02-01 18.0 months N/A UGX 6,902,499.89 67.0% 61.4% 5.6% 0.0% 0.0% 0.0% 63 - PDF
UGX 12,075,000 Generated 2015-02-01 24.1 months N/A UGX 10,313,009.01 65.3% 60.7% 4.6% 0.0% 0.0% 0.0% 64 - PDF

Full Pricing Data

Regular Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountPHP 3,000PHP 8,000PHP 15,000PHP 30,000PHP 50,000PHP 90,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-04-302011-07-142011-07-142011-01-272011-07-142011-02-17
Loan Term (Months)6.0 months12.0 months4.0 months11.7 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component88.7%70.1%80.8%74.5%69.9%70.6%
Insurance Component19.6%8.3%10.8%9.5%4.2%3.9%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component14.3%10.7%9.8%12.7%9.3%8.6%
Full APR (int fee ins tax dep)122.6%89.1%101.5%96.7%83.4%83.2%
Transparency Index294035374343
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
FINCA Agriculture Loan Price Graphs


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Regular 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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