Number borrowers | 5,024 |
Loan Amount (range) | UGX 250,000 - 1,000,000 |
Loan Term (range) | 3 - 9 |
Other Services (text summary) | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Holistic development training |
Annual Interest & Method | 36.00% annual, Flat |
Fees | 2.00% upfront |
Insurance | 1.00%-2.00% upfront |
Tax | None |
Comp Dep | 25.00% upfront |
Range of pricing | |
Interest Price Component | 57.6% - 59.2% |
Fee Component | 5.2% - 7.3% |
Insurance Component | 3.6% - 5.4% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 111.0% - 111.5% |
Transparency Index (min/max) | 32 - 40 |
Transparency Index (average) | 32 |
1,869 |
BOB 500 - 20,000 |
2 - 36 |
Credit Ins, Tech Asst Visits, Business Training |
24.0%-36.0% annual, Decl Bal |
ongoing ongoing |
None |
None |
N/A |
N/A |
55.2% - 58.9% (Int+Fee) |
0 |
0 - 0.8% |
55.2% - 58.9% |
0 - N/A |
41 |
Outstanding portfolio (UGX) | UGX 686,626,135 |
Portfolio (USD) | USD 274,650 |
Active Clients with Loans | 5,024 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | x |
Village banking | x |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | x |
Business training | x |
Other training | |
Other | Holistic development training |
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 | |
Other | |
Other (2) |
# Regions for this institution | 3 |
# Regions for this product | 3 |
Regions Active | Central, Northern, Western |
Outstanding portfolio (BOB) | BOB 4,807,190 |
Portfolio (USD) | USD 712,176.30 |
Active Clients with Loans | 1,869 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | x |
Agriculture | |
Education | |
Other household finance | |
Other | Negocio: Solo para Capital de Trabajo |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | x |
Business training | x |
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 | |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | UGX |
Minimum loan size | UGX 250,000 |
Maximum loan size | 1,000,000 |
Loans less than UGX 1,000,000 | 100% |
UGX 1,000,000-5,000,000 | 0 |
UGX 5,000,000-7,500,000 | 0 |
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 | 3.0 months |
Longest loan term | 9.0 months |
Approx average | 6.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 50% |
Between 7 and 9 months | 50% |
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 | |
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 500 |
Maximum loan size | 20,000 |
Shortest loan term | 2.0 months |
Longest loan term | 36.0 months |
Approx average | 5.8 months |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | x |
Every 2 weeks | x |
Every 4 weeks | x |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments | x |
Lowest quoted nominal interest | 3.00% |
Highest quoted nominal interest | 3.00% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Loan Commission |
% of loan amount - min | 2.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Ins 1 | |
---|---|
Description | Accident & Death Insurance |
% 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% on loans < 6 months. 2% for loans > 6 months |
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 | 25.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | Final Pmt |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 2.00% |
Highest quoted nominal interest | 3.00% |
Reason(s) why interest rate varies | Time as Client, Loan Size, Collateral |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Cargos administrativos y Formularios | Cargos administrativos por trámite desembolso | |
% of loan amount - min | 0 | 0 | |
% of loan amount - max | 1.20% | 2.50% | |
OR, Fixed amount - min | 0 | 0 | |
Fixed amount - max | 0 | 0 | |
Reason for variation | N/A | N/A | |
Appears on Repayment Sched? | Yes | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | UGX 100,000 | UGX 250,000 | UGX 300,000 | UGX 300,000 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2012-09-21 | 2012-08-09 | 2012-06-13 | 2012-08-09 | |||
Loan Term (Months) | 6.0 months | 6.0 months | 6.0 months | 6.0 months | |||
Grace Period (Months) | 1.0 month | 1.0 month | 1.0 month | 0.0 months | |||
Total Cost of Credit | UGX 21,000 | UGX 52,500 | UGX 63,000 | UGX 63,000 | |||
True Price by Comp | |||||||
Interest price component | 58.0% | 57.6% | 57.8% | 57.6% | |||
Fee Component | 7.3% | 7.2% | 7.2% | 7.2% | |||
Insurance Component | 3.7% | 3.6% | 3.7% | 3.6% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 42.5% | 42.6% | 42.6% | 42.6% | |||
Full APR (int fee ins tax dep) | 111.5% | 111.0% | 111.3% | 111.0% | |||
Transparency Index | 32 | 32 | 32 | 32 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | BOB 3,000 | BOB 7,000 | BOB 14,000 | ||
Loan Cycle (1, 2, 3, etc) | 1 | 3 | 3 | ||
Disbursement Date | 2010-05-28 | 2010-06-24 | 2010-06-19 | ||
Loan Term (Months) | 6.0 months | 6.5 months | 12.0 months | ||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
Total Cost of Credit | Not Known | Not Known | Not Known | ||
True Price by Comp | |||||
Interest and Fee Component | 58.3% | 58.9% | 55.2% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 58.3% | 58.9% | 55.2% | ||
Transparency Index | 41 | 41 | 43 | ||
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 ∞ |