| Number borrowers | 200 |
| Loan Amount (range) | UGX 200,000 - 5,000,000 |
| Loan Term (range) | 1 - 6 |
| Other Services (text summary) | Credit Educ, Tech Asst Visits |
| Annual Interest & Method | 36.00% annual, Flat |
| Fees | 2 fees |
| Insurance | 1.00% upfront |
| Tax | None |
| Comp Dep | N/A |
| Range of pricing | |
| Interest Price Component | 72.0% - 76.4% |
| Fee Component | 17.6% - 21.9% |
| Insurance Component | 2.9% - 5.1% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 95.0% - 99.2% |
| Transparency Index (min/max) | 36 - 38 |
| Transparency Index (average) | 37 |
| 120 |
| PHP 10,000 - 30,000 |
| 12 |
| Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, values development, personal counselling, life skills training, health care |
| 18.0% annual, Flat |
| 1.00% upfront |
| None |
| None |
| 30.0% upfront 50.00 ongoing |
| N/A |
| 36.9% - 37.0% (Int+Fee) |
| 0 |
| 0 |
| 55.6% - 56.3% |
| 8 - 32 |
| 32 |
| Outstanding portfolio (UGX) | UGX 200,000,000 |
| Portfolio (USD) | USD 80,000 |
| Active Clients with Loans | 200 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 60% - 80% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | x |
| Agriculture | |
| Education | x |
| Other household finance | x |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | |
| Credit insurance | |
| Workplace visits | x |
| Business training | |
| 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 | 1 |
| # Regions for this product | 1 |
| Regions Active | Central |
| Outstanding portfolio (PHP) | PHP 4,500,000 |
| Portfolio (USD) | USD 107,655.50 |
| Active Clients with Loans | 120 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 40% - 60% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | |
| Mortgage/housing | x |
| 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 | x |
| Other | values development, personal counselling, life skills training |
| Other (2) | health care |
| No other services |
| 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 | Must meet requirements of CCT regular business loan |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | UGX |
| Minimum loan size | UGX 200,000 |
| Maximum loan size | 5,000,000 |
| Loans less than UGX 1,000,000 | 50% |
| UGX 1,000,000-5,000,000 | 50% |
| 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 | 1.0 month |
| Longest loan term | 6.0 months |
| Approx average | 4.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 70% |
| Between 7 and 9 months | 20% |
| Between 10 and 12 months | 5% |
| Between 13 and 18 months | 5% |
| 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 | PHP |
| Minimum loan size | PHP 10,000 |
| Maximum loan size | 30,000 |
| Shortest loan term | 12.0 months |
| Longest loan term | 12.0 months |
| Approx average | 12.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| 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 Application Fee |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 10,000 |
| Fixed amount - max | 10,000 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Fee 1 | |
|---|---|
| Description | Loan Monitoring Fee |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Insurance Fee |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| 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 | 1.50% |
| Highest quoted nominal interest | 1.50% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Service Charge |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | |
| Do borrowers control deposit in their group? |
| % loan amount deposited | 30.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | PHP 50 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 3.00% |
| Maximum interest rate paid | 3.00% |
| Interest payment frequency | Annually |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | UGX 1,000,000 | UGX 4,000,000 | UGX 4,000,000 | UGX 5,000,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2012-06-15 | 2012-08-13 | 2012-08-02 | 2012-07-04 | |||
| Loan Term (Months) | 4.1 months | 4.1 months | 4.1 months | 8.0 months | |||
| Grace Period (Months) | 1.0 month | 1.0 month | 1.0 month | 1.0 month | |||
| Total Cost of Credit | UGX 220,000 | UGX 850,000 | UGX 850,000 | UGX 2,060,000 | |||
| True Price by Comp | |||||||
| Interest price component | 72.2% | 72.0% | 72.0% | 76.4% | |||
| Fee Component | 21.9% | 18.0% | 18.0% | 17.6% | |||
| Insurance Component | 5.1% | 5.0% | 5.0% | 2.9% | |||
| 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) | 99.2% | 95.0% | 95.0% | 96.9% | |||
| Transparency Index | 36 | 38 | 38 | 37 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | PHP 20,000 | PHP 20,000 | PHP 20,000 | PHP 30,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | 1 | 2 | Not Known | |||
| Disbursement Date | 2010-12-01 | 2010-10-20 | 2010-10-20 | 2011-06-27 | |||
| Loan Term (Months) | 11.7 months | 11.7 months | 11.7 months | 11.7 months | |||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||
| Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | |||
| True Price by Comp | |||||||
| Interest and Fee Component | 36.9% | 36.9% | 36.9% | 37.0% | |||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 18.7% | 18.7% | 19.4% | 18.7% | |||
| Full APR (int fee ins tax dep) | 55.6% | 55.7% | 56.3% | 55.7% | |||
| Transparency Index | 32 | 32 | 32 | 32 | |||
| 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 |
|---|---|---|---|---|---|---|---|
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