Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.habitat.org/ |
Year established | 1982 |
Head of Institution | Patrick Sambaga |
Regions active | Central |
# Branches | 1 |
Total Portfolio (nat'l) | UGX 663,768,900 |
Total Portfolio (USD) | USD 265,507.56 |
Active clients with loans | 858 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 0% - 20% |
Network affiliations | AMFIU, Habitat for Humanity International |
Funders | CITI Foundation, Habitat for Humanity International, MF Opportunities |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Home Improvement Loan | UGX 100,000 - 3,000,000 | 4 - 24 | 60% - 80% | 0% - 20% | Housing | Women, Men, Have business, Have home or land, Salaried worker, Must be between 18-65 years in age | Credit Educ, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Home Improvement Loan | 24.00%-60.00% annual, Flat | 2 Fees | 1 Ins | None | N/A | 45.6% - 55.5% | 47.7% - 58.5% | 47 |
Outstanding portfolio (USD) | USD 1,736,926.16 |
Portfolio (USD) | USD 1,736,926.16 |
Active Clients with Loans | 466 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 60% - 80% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | Debe estar afiliado a alguna asociacion, cooperativa y /o Sindicato de transporte. |
Other (2) |
# Regions for this institution | 2 |
# Regions for this product | 1 |
Regions Active | Santa Cruz |
Currency | USD |
Minimum loan size | USD 500 |
Maximum loan size | 25,000 |
Loans less than USD 1,500 | 5% |
USD 1,500-5,000 | 30% |
USD 5,000-10,000 | 30% |
USD 10,000-15,000 | 20% |
USD 15,000-18,000 | 5% |
Greater than USD 18,000 | 5% |
Shortest loan term | 6.0 months |
Longest loan term | 48.0 months |
Approx average | 38.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 100% |
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 |
Lowest quoted nominal interest | 18.00% |
Highest quoted nominal interest | 36.00% |
Reason(s) why interest rate varies | Time as Client, Loan Size, Client Risk, Collateral |
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 | Pago del seguro de desgravamen |
% of loan amount - min | 0.36% |
% of loan amount - max | 2.88% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Se aplica 0.06% en cada cuota cargado en el saldo pendiente del principal |
Appears on Repayment Sched? | 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 | |||
---|---|---|---|---|---|
Loan Amount | USD 1,501 | USD 3,500 | USD 15,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2013-12-27 | 2013-12-27 | 2013-12-27 | ||
Loan Term (Months) | 20.0 months | 31.0 months | 19.0 months | ||
Grace Period (Months) | 0.5 months | 0.5 months | 0.5 months | ||
Total Cost of Credit | USD 384.85 | USD 1,299.01 | USD 2,646.21 | ||
True Price by Comp | |||||
Interest price component | 26.1% | 24.1% | 19.1% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 0.6% | 0.7% | 0.7% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 26.7% | 24.8% | 19.8% | ||
Transparency Index | 67 | 73 | 91 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
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% Products with one or more insurances | |
% Products with compulsory deposits |
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