| Number borrowers | 370 |
| Loan Amount (range) | UGX 50,000 - 10,000,000 |
| Loan Term (range) | 1 - 6 |
| Other Services (text summary) | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
| Annual Interest & Method | 30.00%-36.00% 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) | 69.1% - 99.0% |
| Transparency Index (min/max) | 30 - 73 |
| Transparency Index (average) | 35 |
| 878 |
| THB 4,000 - 24,000 |
| 1 - 12 |
| Credit Ins |
| 36.0% annual, Decl Bal |
| None |
| None |
| None |
| 3.0% upfront |
| 27.1% - 36.0% |
| 0 |
| 0 |
| 0 |
| 34.8% - 37.1% |
| 81 - 105 |
| 100 |
| Outstanding portfolio (UGX) | UGX 92,430,336 |
| Portfolio (USD) | USD 36,972 |
| Active Clients with Loans | 370 |
| 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 | |
| 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 | 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 | Western |
| Outstanding portfolio (THB) | THB 5,343,555 |
| Portfolio (USD) | USD 181,137.46 |
| Active Clients with Loans | 878 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | x |
| 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 | 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 | x |
| Other | |
| Other (2) |
| # Regions for this institution | 7 |
| # Regions for this product | 2 |
| Regions Active | Banteay Meanchey, Battambang |
| Currency | UGX |
| Minimum loan size | UGX 50,000 |
| Maximum loan size | 10,000,000 |
| Loans less than UGX 1,000,000 | 20% |
| UGX 1,000,000-5,000,000 | 20% |
| UGX 5,000,000-7,500,000 | 20% |
| UGX 7,500,000-10,000,000 | 20% |
| UGX 10,000,000-13,000,000 | 20% |
| Greater than UGX 13,000,000 | 20% |
| 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 | 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 | 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 | x |
| Irregular payments |
| Currency | THB |
| Minimum loan size | THB 4,000 |
| Maximum loan size | 24,000 |
| Loans less than THB 10,000 | 10% |
| THB 10,000-30,000 | 90% |
| THB 30,000-50,000 | 0 |
| THB 50,000-70,000 | 0 |
| THB 70,000-90,000 | 0 |
| Greater than THB 90,000 | 0 |
| Shortest loan term | 1.0 month |
| Longest loan term | 12.0 months |
| Approx average | 9.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 90% |
| 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 | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 30.00% |
| Highest quoted nominal interest | 36.00% |
| Reason(s) why interest rate varies | Changes due to repayment frequency of loan |
| 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? | No |
| % 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 | 3.00% |
| Highest quoted nominal interest | 3.00% |
| Reason(s) why interest rate varies | All branches, loan size, loan term are the same interest rate. |
| 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 | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | No |
| Do borrowers control deposit in their group? | Yes |
| % loan amount deposited | 3.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | Final Pmt |
| Minimum interest rate paid | 6.00% |
| Maximum interest rate paid | 6.00% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | UGX 600,000 | UGX 700,000 | UGX 900,000 | UGX 3,000,000 | |||
| Loan Cycle (1, 2, 3, etc) | 2 | 3 | 2 | 1 | |||
| Disbursement Date | 2012-01-17 | 2012-08-22 | 2012-01-17 | 2012-09-27 | |||
| Loan Term (Months) | 11.0 months | 6.0 months | 11.0 months | 6.0 months | |||
| Grace Period (Months) | 1.0 month | 1.0 month | 1.0 month | 6.0 months | |||
| Total Cost of Credit | UGX 216,000 | UGX 147,000 | UGX 324,000 | UGX 885,000 | |||
| True Price by Comp | |||||||
| Interest price component | 55.5% | 57.6% | 55.5% | 51.7% | |||
| Fee Component | 4.1% | 7.1% | 4.1% | 2.2% | |||
| Insurance Component | 2.0% | 3.7% | 2.0% | 2.2% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 24.7% | 30.6% | 24.7% | 13.0% | |||
| Full APR (int fee ins tax dep) | 86.3% | 99.0% | 86.3% | 69.1% | |||
| Transparency Index | 35 | 30 | 35 | 43 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | THB 4,000 | THB 8,000 | THB 20,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2012-11-06 | 2013-07-17 | 2013-05-31 | ||
| Loan Term (Months) | 12.0 months | 12.0 months | 12.0 months | ||
| Grace Period (Months) | 11.4 months | -0.2 months | 0.2 months | ||
| Total Cost of Credit | THB 1,484 | THB 1,402 | THB 3,730 | ||
| True Price by Comp | |||||
| Interest price component | 36.0% | 33.1% | 32.9% | ||
| Fee Component | 0.0% | 0.0% | 0.0% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 1.1% | 1.8% | 1.9% | ||
| Full APR (int fee ins tax dep) | 37.1% | 34.9% | 34.8% | ||
| Transparency Index | 97 | 100 | 100 | ||
| 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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