Number borrowers | 212 |
Loan Amount (range) | UGX 50,000 - 1,000,000 |
Loan Term (range) | 3 - 6 |
Other Services (text summary) | Credit Educ, Group Mtgs, Business Training |
Annual Interest & Method | 36.00% annual, Decl Bal |
Fees | 2.50% upfront |
Insurance | 1.50% upfront |
Tax | None |
Comp Dep | 10.00% 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) | 60.4% - 72.0% |
Transparency Index (min/max) | 40 - 60 |
Transparency Index (average) | 55 |
25,920 |
BOB 500 - 3,000 |
0.7 - 16.9 |
Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training |
32.1% annual, Decl Bal |
None |
None |
None |
N/A |
16.3% - 36.0% |
0 |
0 |
0 |
32.6% - 32.7% |
51 - 101 |
98 |
Outstanding portfolio (UGX) | UGX 85,508,065 |
Portfolio (USD) | USD 34,203 |
Active Clients with Loans | 212 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | x |
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 (BOB) | BOB 53,371,048 |
Portfolio (USD) | USD 7,906,821.93 |
Active Clients with Loans | 25,920 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 40% - 60% |
Individual | x |
Solidarity group | |
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 | |
Business training | x |
Other training | x |
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 | 9 |
# Regions for this product | 9 |
Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija |
Currency | UGX |
Minimum loan size | UGX 50,000 |
Maximum loan size | 1,000,000 |
Loans less than UGX 1,000,000 | 100% |
UGX 1,000,000-5,000,000 | 0 |
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 | 3.0 months |
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 | |
Irregular payments |
Currency | BOB |
Minimum loan size | BOB 500 |
Maximum loan size | 3,000 |
Loans less than BOB 10,000 | 100% |
BOB 10,000-40,000 | 0 |
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 | 0.7 months |
Longest loan term | 16.9 months |
Approx average | 5.7 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 60% |
Between 7 and 9 months | 30% |
Between 10 and 12 months | 10% |
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 | x |
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 | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Administration Fee |
% of loan amount - min | 2.50% |
% of loan amount - max | 2.50% |
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 | 1.50% |
% of loan amount - max | 1.50% |
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 | 10.00% |
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 | 32.14% |
Highest quoted nominal interest | 32.14% |
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 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | UGX 306,000 | UGX 700,000 | UGX 1,360,000 | UGX 989,000 | |||
Loan Cycle (1, 2, 3, etc) | 3 | 3 | 1 | 1 | |||
Disbursement Date | 2012-09-04 | 2012-05-08 | 2012-04-30 | 2012-06-19 | |||
Loan Term (Months) | 4.1 months | 6.0 months | 6.0 months | 6.0 months | |||
Grace Period (Months) | 1.0 month | 1.3 months | 1.2 months | 1.0 month | |||
Total Cost of Credit | UGX 35,528 | UGX 103,308 | UGX 200,718 | UGX 145,962 | |||
True Price by Comp | |||||||
Interest price component | 35.4% | 32.8% | 33.0% | 35.3% | |||
Fee Component | 12.3% | 8.3% | 8.3% | 8.9% | |||
Insurance Component | 7.6% | 5.1% | 5.1% | 5.4% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 16.7% | 14.2% | 14.4% | 15.9% | |||
Full APR (int fee ins tax dep) | 72.0% | 60.4% | 60.8% | 65.5% | |||
Transparency Index | 50 | 60 | 59 | 55 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | BOB 700 | BOB 800 | BOB 800 | BOB 2,000 | BOB 2,000 | BOB 2,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2013-12-05 | 2013-12-05 | 2013-12-05 | 2013-12-05 | 2013-12-05 | 2013-12-05 | |||||
Loan Term (Months) | 5.0 months | 8.0 months | 11.0 months | 5.0 months | 8.0 months | 11.0 months | |||||
Grace Period (Months) | 0.1 months | 0.1 months | 0.1 months | 0.1 months | 0.1 months | 0.1 months | |||||
Total Cost of Credit | BOB 58 | BOB 99.45 | BOB 132.71 | BOB 165.70 | BOB 248.64 | BOB 331.79 | |||||
True Price by Comp | |||||||||||
Interest price component | 32.6% | 32.6% | 32.7% | 32.6% | 32.6% | 32.7% | |||||
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) | 32.6% | 32.6% | 32.7% | 32.6% | 32.6% | 32.7% | |||||
Transparency Index | 99 | 98 | 98 | 99 | 98 | 98 | |||||
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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