Number borrowers | 573 |
Loan Amount (range) | UGX 250,000 - 10,000,000 |
Loan Term (range) | 6 - 12 |
Other Services (text summary) | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training |
Annual Interest & Method | 33.60% annual, Flat |
Fees | 2.00% upfront |
Insurance | 20,000 upfront |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 27.7% - 58.0% |
Fee Component | 1.5% - 9.9% |
Insurance Component | 0.2% - 25.6% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 39.2% - 45.8% |
Transparency Index (min/max) | 36 - 86 |
Transparency Index (average) | 81 |
1,716 |
PKR 8,000 - 100,000 |
6 |
Group Mtgs, Tech Asst Visits, Other Training |
0.0% annual, Flat |
10.00% ongoing, of Prin Pmt |
None |
None |
N/A |
0 |
19.2% - 19.3% |
0 |
0 |
19.2% - 19.3% |
0 - N/A |
N/A |
Outstanding portfolio (UGX) | UGX 577,056,912 |
Portfolio (USD) | USD 228,537.39 |
Active Clients with Loans | 573 |
Approximate % Female Clients | 20% - 40% |
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 | x |
Group meetings | x |
Credit insurance | |
Workplace visits | x |
Business training | x |
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 | x |
Must be specific age group | x |
Other | |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | 1 |
Regions Active | Western |
Outstanding portfolio (PKR) | PKR 75,964,895.75 |
Portfolio (USD) | USD 745,975.28 |
Active Clients with Loans | 1,716 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 0 |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | x |
Credit insurance | |
Workplace visits | x |
Business training | |
Other training | x |
Other | |
Other (2) | |
No other services |
Men | x |
Women | |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | Any party in possession of land that can be used for agricultural purposes, sharecroppers and owners alike - usually male |
Other (2) | Clients include both males and females |
# Regions for this institution | 2 |
# Regions for this product | 2 |
Regions Active | Khyber Pakhtunkwa, Sindh |
Currency | UGX |
Minimum loan size | UGX 250,000 |
Maximum loan size | 10,000,000 |
Loans less than UGX 1,000,000 | 20% |
UGX 1,000,000-5,000,000 | 30% |
UGX 5,000,000-7,500,000 | 30% |
UGX 7,500,000-10,000,000 | 20% |
UGX 10,000,000-13,000,000 | 0 |
Greater than UGX 13,000,000 | 0 |
Shortest loan term | 6.0 months |
Longest loan term | 12.0 months |
Approx average | 8.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 40% |
Between 7 and 9 months | 40% |
Between 10 and 12 months | 20% |
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 | PKR |
Minimum loan size | PKR 8,000 |
Maximum loan size | 100,000 |
Loans less than PKR 10,000 | 5% |
PKR 10,000-25,000 | 15% |
PKR 25,000-50,000 | 40% |
PKR 50,000-75,000 | 30% |
PKR 75,000-150,000 | 10% |
Greater than PKR 150,000 | 10% |
Shortest loan term | 6.0 months |
Longest loan term | 6.0 months |
Approx average | 6.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 100% |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 90% |
Average grace period | 6.0 months |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | x |
Irregular payments |
Lowest quoted nominal interest | 2.80% |
Highest quoted nominal interest | 2.80% |
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 | Application Fee |
% 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 | Life Insurance |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 20,000 |
Fixed amount - max | 20,000 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
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 |
Lowest quoted nominal interest | 0 |
Highest quoted nominal interest | 0 |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Community Development Fund |
% of loan amount - min | 10.00% |
% of loan amount - max | 10.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
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 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | UGX 800,000 | UGX 1,000,000 | UGX 1,500,000 | UGX 3,200,000 | UGX 4,500,000 | UGX 10,000,000 | |||||
Loan Cycle (1, 2, 3, etc) | 2 | 3 | 1 | 2 | 4 | 7 | |||||
Disbursement Date | 2012-07-04 | 2012-07-10 | 2012-07-26 | 2012-07-19 | 2012-08-30 | 2012-07-13 | |||||
Loan Term (Months) | 11.0 months | 13.0 months | 25.0 months | 38.0 months | 38.0 months | 25.0 months | |||||
Grace Period (Months) | 2.1 months | 2.1 months | 2.1 months | 2.1 months | 2.0 months | 2.1 months | |||||
Total Cost of Credit | UGX 214,660 | UGX 300,240 | UGX 794,492 | UGX 2,505,016 | UGX 3,514,556 | UGX 5,183,256 | |||||
True Price by Comp | |||||||||||
Interest price component | 37.1% | 37.1% | 37.2% | 37.3% | 37.4% | 37.2% | |||||
Fee Component | 3.9% | 3.4% | 2.0% | 1.5% | 1.5% | 2.0% | |||||
Insurance Component | 4.8% | 3.4% | 1.3% | 0.4% | 0.4% | 0.2% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 45.8% | 43.9% | 40.5% | 39.2% | 39.3% | 39.4% | |||||
Transparency Index | 73 | 77 | 83 | 86 | 86 | 85 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
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 |
||||||||||
PKR 76,253.63 | Real | 2015-01-15 | 6.0 months | N/A | PKR 7,625.36 | 19.2% | 0.0% | 19.2% | 0.0% | 0.0% | 0.0% | N/A | ||
PKR 76,253 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 7,625.30 | 19.3% | 0.0% | 19.3% | 0.0% | 0.0% | 0.0% | N/A | - | |
PKR 77,638.63 | Real | 2015-01-15 | 6.0 months | N/A | PKR 7,763.86 | 19.2% | 0.0% | 19.2% | 0.0% | 0.0% | 0.0% | N/A | ||
PKR 77,638 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 7,763.80 | 19.3% | 0.0% | 19.3% | 0.0% | 0.0% | 0.0% | N/A | - | |
PKR 20,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 2,000 | 19.3% | 0.0% | 19.3% | 0.0% | 0.0% | 0.0% | N/A | - | |
PKR 30,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 3,000 | 19.3% | 0.0% | 19.3% | 0.0% | 0.0% | 0.0% | N/A | - | |
PKR 40,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 4,000 | 19.3% | 0.0% | 19.3% | 0.0% | 0.0% | 0.0% | N/A | - | |
PKR 45,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 4,500 | 19.3% | 0.0% | 19.3% | 0.0% | 0.0% | 0.0% | N/A | - | |
PKR 50,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 5,000 | 19.3% | 0.0% | 19.3% | 0.0% | 0.0% | 0.0% | N/A | - | |
PKR 70,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 7,000 | 19.3% | 0.0% | 19.3% | 0.0% | 0.0% | 0.0% | N/A | - |
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 |
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Less or equal to: | ||||||
N (# of Samples) | ||||||
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Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
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Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |