Number borrowers | 1,245 |
Loan Amount (range) | UGX 10,000 - 30,000,000 |
Loan Term (range) | 1 - 8 |
Other Services (text summary) | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
Annual Interest & Method | 30.00% annual, Flat |
Fees | 1.00%-2.00% upfront |
Insurance | 1.00% upfront |
Tax | None |
Comp Dep | 20.00% upfront |
Range of pricing | |
Interest Price Component | 29.5% - 57.6% |
Fee Component | 1.6% - 7.2% |
Insurance Component | 1.5% - 3.7% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 41.1% - 86.8% |
Transparency Index (min/max) | 30 - 73 |
Transparency Index (average) | 51 |
7,090 |
BOB 1,500 - 105,000 |
6 - 60 |
14.0%-28.0% annual, Decl Bal |
None |
None |
None |
N/A |
18.1% - 35.1% |
0 |
0 - 5.3% |
0 |
18.1% - 25.2% |
56 - 89 |
66 |
Outstanding portfolio (UGX) | UGX 216,994,200 |
Portfolio (USD) | USD 86,798 |
Active Clients with Loans | 1,245 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | x |
Income generation | |
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 | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | x |
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 | Western |
Outstanding portfolio (BOB) | BOB 66,804,572.62 |
Portfolio (USD) | USD 9,896,973.72 |
Active Clients with Loans | 7,090 |
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 | |
Agriculture | |
Education | |
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 | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 9 |
# Regions for this product | 8 |
Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , PotosÃ, Santa Cruz, Tarija |
Currency | UGX |
Minimum loan size | UGX 10,000 |
Maximum loan size | 30,000,000 |
Loans less than UGX 1,000,000 | 10% |
UGX 1,000,000-5,000,000 | 10% |
UGX 5,000,000-7,500,000 | 10% |
UGX 7,500,000-10,000,000 | 15% |
UGX 10,000,000-13,000,000 | 15% |
Greater than UGX 13,000,000 | 15% |
Shortest loan term | 1.0 month |
Longest loan term | 8.0 months |
Approx average | 5.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 40% |
Between 7 and 9 months | 60% |
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 | x |
Every 6 months | |
Every 12 months | |
Single end payment | x |
Irregular payments |
Currency | BOB |
Minimum loan size | BOB 1,500 |
Maximum loan size | 105,000 |
Loans less than BOB 10,000 | 50% |
BOB 10,000-40,000 | 50% |
BOB 40,000-70,000 | 0 |
BOB 70,000-100,000 | 0 |
BOB 100,000-125,000 | 0 |
Greater than BOB 125,000 | 0 |
Shortest loan term | 6.0 months |
Longest loan term | 60.0 months |
Approx average | 24.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 10% |
Between 7 and 9 months | 30% |
Between 10 and 12 months | 40% |
Between 13 and 18 months | 20% |
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 |
Lowest quoted nominal interest | 30.00% |
Highest quoted nominal interest | 30.00% |
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 | Commitment Fee |
% of loan amount - min | 1.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | 2% for loans < 2M, 1% for loans > 2M |
Appears on Repayment Sched? | No |
Ins 1 | |
---|---|
Description | Accidental Death Insurance |
% 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 | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | No |
Do borrowers control deposit in their group? | Yes |
% loan amount deposited | 20.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
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 | 14.00% |
Highest quoted nominal interest | 28.00% |
Reason(s) why interest rate varies | Loan Size, Collateral |
Interest rate period | Yearly |
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 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | UGX 300,000 | UGX 800,000 | UGX 1,500,000 | UGX 3,200,000 | UGX 5,600,000 | UGX 9,600,000 | |||||
Loan Cycle (1, 2, 3, etc) | 3 | 2 | 1 | 17 | 3 | 2 | |||||
Disbursement Date | 2012-09-11 | 2012-08-28 | 2012-03-13 | 2012-09-26 | 2012-07-11 | 2012-04-04 | |||||
Loan Term (Months) | 6.0 months | 8.0 months | 9.0 months | 5.1 months | 8.0 months | 8.0 months | |||||
Grace Period (Months) | 1.0 month | 1.0 month | 9.2 months | 2.0 months | 8.1 months | 8.1 months | |||||
Total Cost of Credit | UGX 54,000 | UGX 184,000 | UGX 382,500 | UGX 464,000 | UGX 1,232,000 | UGX 2,112,000 | |||||
True Price by Comp | |||||||||||
Interest price component | 48.8% | 45.1% | 29.5% | 41.2% | 29.7% | 29.6% | |||||
Fee Component | 7.2% | 5.1% | 3.0% | 3.6% | 1.6% | 1.6% | |||||
Insurance Component | 3.7% | 2.6% | 1.5% | 3.6% | 1.7% | 1.7% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 27.1% | 21.4% | 8.5% | 18.0% | 8.2% | 8.2% | |||||
Full APR (int fee ins tax dep) | 86.8% | 74.2% | 42.5% | 66.4% | 41.2% | 41.1% | |||||
Transparency Index | 35 | 40 | 71 | 45 | 73 | 73 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | BOB 1,000 | BOB 5,000 | BOB 9,000 | BOB 15,000 | BOB 25,000 | BOB 35,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2013-12-06 | 2013-12-06 | 2013-12-06 | 2013-12-06 | 2013-12-06 | 2013-12-06 | |||||
Loan Term (Months) | 8.0 months | 12.0 months | 18.0 months | 12.0 months | 36.0 months | 60.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||||
Total Cost of Credit | BOB 69 | BOB 705 | BOB 1,335 | BOB 2,106 | BOB 7,545 | BOB 25,419 | |||||
True Price by Comp | |||||||||||
Interest price component | 18.2% | 25.2% | 18.1% | 25.1% | 18.1% | 24.1% | |||||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
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) | 18.2% | 25.2% | 18.1% | 25.1% | 18.1% | 24.1% | |||||
Transparency Index | 77 | 56 | 77 | 56 | 77 | 58 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Key Statistics | |
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# 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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