| Institution Type | Other |
| Is this institution regulated? | Yes |
| Website address | http://www.fivetalents.urg.uk |
| Year established | 2006 |
| Head of Institution | Esther Nakamatte Mbaziira |
| Regions active | Central, Northern, Western |
| # Branches | 4 |
| Total Portfolio (nat'l) | UGX 920,143,726 |
| Total Portfolio (USD) | USD 368,057.49 |
| Active clients with loans | 5,365 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | AMFIU, Five Talents International |
| Funders | Five Talents International, Microfinance Support Centre |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loans | UGX 250,000 - 1,000,000 | 3 - 9 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Holistic development training | |||||||
| Individual Business Loans | UGX 500,000 - 5,000,000 | 3 - 12 | 60% - 80% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loans | 36.00% annual, Flat | 1 Fee | 1 Ins | None | 25.00% upfront | 64.8% - 65.3% | 111% - 111.5% | 32 | ||||||||
| Individual Business Loans | 36.00% annual, Flat | 1 Fee | 1 Ins | None | 15.00% upfront | 64.4% - 65.1% | 89.2% - 90.9% | 40 |
| Outstanding portfolio (USD) | USD 47,278,739 |
| Portfolio (USD) | USD 47,278,739 |
| Active Clients with Loans | 23,576 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 20% - 40% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | |
| Mortgage/housing | x |
| Consumer loan | x |
| Agriculture | |
| Education | x |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services | x |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | x |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 24 |
| # Regions for this product | 24 |
| Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh Kong, KepKratié, Mondulkiri , Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey Veng, RatanakiriSiem Reap, Stung Treng, Svay Rieng, Takéo |
| Currency | USD |
| Minimum loan size | USD 75 |
| Maximum loan size | 25,000 |
| Loans less than USD 250 | 0 |
| USD 250-1,000 | 5% |
| USD 1,000-1,500 | 5% |
| USD 1,500-2,000 | 10% |
| USD 2,000-2,500 | 10% |
| Greater than USD 2,500 | 10% |
| Shortest loan term | 4.0 months |
| Longest loan term | 48.0 months |
| Approx average | 25.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 5% |
| Between 7 and 9 months | 5% |
| Between 10 and 12 months | 5% |
| Between 13 and 18 months | 5% |
| Longer than 18 months | 80% |
| Grace period usage | 10% |
| Average grace period | 2.0 months |
| 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 |
| Lowest quoted nominal interest | 1.60% |
| Highest quoted nominal interest | 2.70% |
| Reason(s) why interest rate varies | Loan Size |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | 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 3 | Sample 4 | Sample 5 | Sample 6 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | USD 300 | USD 600 | USD 1,700 | USD 3,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2013-02-12 | 2013-01-02 | 2012-08-30 | 2013-03-18 | |||
| Loan Term (Months) | 10.0 months | 12.0 months | 15.0 months | 37.0 months | |||
| Grace Period (Months) | -0.2 months | 0.0 months | -0.4 months | 0.0 months | |||
| Total Cost of Credit | USD 43.27 | USD 102.36 | USD 246.53 | USD 1,008.13 | |||
| True Price by Comp | |||||||
| Interest price component | 32.4% | 31.2% | 22.9% | 21.7% | |||
| Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Full APR (int fee ins tax dep) | 32.4% | 31.2% | 22.9% | 21.7% | |||
| Transparency Index | 59 | 61 | 84 | 88 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| Key Statistics | |
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| # 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 |
|---|---|---|---|---|---|---|---|
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