Number borrowers | 2,940 |
Loan Amount (range) | UGX 500,000 - 10,000,000 |
Loan Term (range) | 3 - 12 |
Other Services (text summary) | Credit Educ, Group Mtgs, Business Training |
Annual Interest & Method | 36.00% annual, Flat |
Fees | 2.00% upfront |
Insurance | 1.00% upfront |
Tax | None |
Comp Dep | 15.00% upfront |
Range of pricing | |
Interest Price Component | 32.8% - 59.5% |
Fee Component | 3.4% - 12.3% |
Insurance Component | 2.0% - 7.6% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 81.1% - 86.1% |
Transparency Index (min/max) | 40 - 60 |
Transparency Index (average) | 42 |
8,912 |
PKR 20,000 - 60,000 |
3 - 12 |
29.0% annual, Flat |
700.00 upfront |
None |
16.00% fees |
N/A |
25.4% - 27.1% |
1.0% - 8.3% |
0 |
0.2% - 1.3% |
27.1% - 33.6% |
74 - 100 |
98 |
Outstanding portfolio (UGX) | UGX 3,046,522,739 |
Portfolio (USD) | USD 1,218,609 |
Active Clients with Loans | 2,940 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 0% - 20% |
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 | |
Workplace visits | |
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 | 3 |
# Regions for this product | 3 |
Regions Active | Central, Eastern, Northern |
Outstanding portfolio (PKR) | PKR 308,090,243 |
Portfolio (USD) | USD 3,025,446.19 |
Active Clients with Loans | 8,912 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | |
Other household finance | |
Other | Livetsock |
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 | 4 |
# Regions for this product | 4 |
Regions Active | Islambad Capital Territory, Khyber Pakhtunkwa, Punjab, Sindh |
Currency | UGX |
Minimum loan size | UGX 500,000 |
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 | 3.0 months |
Longest loan term | 12.0 months |
Approx average | 6.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 30% |
Between 7 and 9 months | 40% |
Between 10 and 12 months | 30% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | x |
Every 2 weeks | |
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 20,000 |
Maximum loan size | 60,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 0 |
PKR 25,000-50,000 | 100% |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 0 |
Greater than PKR 150,000 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 12.0 months |
Approx average | DK |
Loans 3 months or less | 0 |
Between 4 and 6 months | 10% |
Between 7 and 9 months | 30% |
Between 10 and 12 months | 60% |
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 | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | x |
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 | Administration 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 | Credit Life 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 | 15.00% |
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 | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 29.00% |
Highest quoted nominal interest | 29.00% |
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 | Loan Processing Fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 700 |
Fixed amount - max | 700 |
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? | Yes |
Percentage of fees | 16% |
All or some fees taxed | All |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | UGX 800,000 | UGX 1,500,000 | UGX 3,000,000 | UGX 6,000,000 | UGX 9,000,000 | ||||
Loan Cycle (1, 2, 3, etc) | 3 | 1 | 1 | 1 | 1 | ||||
Disbursement Date | 2012-08-09 | 2012-08-02 | 2012-09-10 | 2012-04-30 | 2012-07-19 | ||||
Loan Term (Months) | 10.0 months | 10.0 months | 12.0 months | 12.0 months | 12.0 months | ||||
Grace Period (Months) | 1.1 months | 1.1 months | 1.0 month | 1.2 months | 1.1 months | ||||
Total Cost of Credit | UGX 264,000 | UGX 495,000 | UGX 1,170,000 | UGX 2,340,000 | UGX 3,510,000 | ||||
True Price by Comp | |||||||||
Interest price component | 59.1% | 59.1% | 59.5% | 57.0% | 59.1% | ||||
Fee Component | 4.8% | 4.8% | 4.1% | 4.0% | 4.1% | ||||
Insurance Component | 2.4% | 2.4% | 2.1% | 2.0% | 2.1% | ||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Deposit Component | 19.8% | 19.8% | 19.3% | 18.1% | 19.1% | ||||
Full APR (int fee ins tax dep) | 86.1% | 86.1% | 85.0% | 81.1% | 84.4% | ||||
Transparency Index | 42 | 42 | 42 | 44 | 43 | ||||
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 25,000 | Real | 2015-05-04 | 11.0 months | N/A | PKR 7,480.87 | 29.3% | 25.7% | 3.1% | 0.0% | 0.5% | 0.0% | 99 | ||
PKR 25,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 7,962.68 | 28.9% | 25.5% | 2.9% | 0.0% | 0.5% | 0.0% | 100 | - | |
PKR 50,000 | Real | 2015-05-07 | 12.0 months | N/A | PKR 15,337.94 | 27.1% | 25.4% | 1.5% | 0.0% | 0.2% | 0.0% | 100 | ||
PKR 50,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 15,113.37 | 27.2% | 25.5% | 1.4% | 0.0% | 0.3% | 0.0% | 100 | - | |
PKR 26,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 4,530.36 | 33.6% | 27.1% | 5.6% | 0.0% | 0.9% | 0.0% | 86 | - | |
PKR 27,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 8,534.74 | 28.6% | 25.5% | 2.7% | 0.0% | 0.4% | 0.0% | 100 | - | |
PKR 28,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 8,820.77 | 28.5% | 25.5% | 2.6% | 0.0% | 0.4% | 0.0% | 100 | - | |
PKR 30,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 9,392.82 | 28.3% | 25.5% | 2.4% | 0.0% | 0.4% | 0.0% | 100 | - | |
PKR 40,000 | Generated | 2015-06-01 | 8.9 months | N/A | PKR 9,392.82 | 29.1% | 26.3% | 2.4% | 0.0% | 0.4% | 0.0% | 100 | - | |
PKR 60,000 | Generated | 2015-06-01 | 8.9 months | N/A | PKR 13,683.23 | 28.1% | 26.3% | 1.6% | 0.0% | 0.2% | 0.0% | 100 | - |
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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By Country | ||||||
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