| Number borrowers | 4,863 |
| Loan Amount (range) | UGX 100,000 - 3,000,000 |
| Loan Term (range) | 3 - 6 |
| Other Services (text summary) | Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
| Annual Interest & Method | 30.00% annual, Flat |
| Fees | 2 fees |
| Insurance | 1.10% upfront |
| Tax | None |
| Comp Dep | 15.00% upfront |
| Range of pricing | |
| Interest Price Component | 28.2% - 55.7% |
| Fee Component | 1.8% - 17.9% |
| Insurance Component | 0.8% - 5.2% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 93.0% - 103.1% |
| Transparency Index (min/max) | 27 - 69 |
| Transparency Index (average) | 30 |
| 544 |
| USD 1,000 - 15,000 |
| 10 - 72 |
| Credit Ins, Other Training, Asistencia Tecnica Constructiva |
| 16.0%-30.0% annual, Decl Bal |
| None |
| 0.40%-2.88% ongoing |
| None |
| N/A |
| 19.8% - 36.7% |
| 0 - 1.5% |
| 0 - 0.5% |
| 0 |
| 20.3% - 30.0% |
| 52 - 94 |
| 65 |
| Outstanding portfolio (UGX) | UGX 1,559,533,777 |
| Portfolio (USD) | USD 599,820.68 |
| Active Clients with Loans | 4,863 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 40% - 60% |
| Individual | |
| Solidarity group | x |
| 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 | |
| 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 | 3 |
| # Regions for this product | 3 |
| Regions Active | Central, Eastern, Western |
| Outstanding portfolio (USD) | USD 1,424,716.26 |
| Portfolio (USD) | USD 1,424,716.26 |
| Active Clients with Loans | 544 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 20% - 40% |
| 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 | No se puede usar para negocio |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | x |
| Other | Asistencia Tecnica Constructiva |
| Other (2) | |
| 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 | |
| Other (2) |
| # Regions for this institution | 6 |
| # Regions for this product | 6 |
| Regions Active | Chuquisaca , Cochabamba , Oruro , Potosí, Santa Cruz, Tarija |
| Currency | UGX |
| Minimum loan size | UGX 100,000 |
| Maximum loan size | 3,000,000 |
| 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 | 6.0 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 | x |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Currency | USD |
| Minimum loan size | USD 1,000 |
| Maximum loan size | 15,000 |
| Loans less than USD 1,500 | 5% |
| USD 1,500-5,000 | 60% |
| USD 5,000-10,000 | 30% |
| USD 10,000-15,000 | 5% |
| USD 15,000-18,000 | 0 |
| Greater than USD 18,000 | 0 |
| Shortest loan term | 10.0 months |
| Longest loan term | 72.0 months |
| Approx average | 40.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 5% |
| Between 13 and 18 months | 5% |
| Longer than 18 months | 90% |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | x |
| Quarterly | x |
| Every 6 months | x |
| 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 | Fee 2 | ||
|---|---|---|---|
| Description | Loan Processing Fee | Loan Application Fee | |
| % of loan amount - min | 2.00% | 0 | |
| % of loan amount - max | 2.00% | 0 | |
| OR, Fixed amount - min | 0 | 5,000 | |
| Fixed amount - max | 0 | 10,000 | |
| Reason for variation | N/A | 5,000 for loan up to 2M & 10,000 for loans over 2M | |
| Appears on Repayment Sched? | No | No |
| Ins 1 | |
|---|---|
| Description | Insurance Fee |
| % of loan amount - min | 1.10% |
| % of loan amount - max | 1.10% |
| 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 | 16.00% |
| Highest quoted nominal interest | 30.00% |
| Reason(s) why interest rate varies | Time as Client, Loan Size, Collateral, Loan Purpose |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Ins 1 | |
|---|---|
| Description | El Cliente Seguro de Vida |
| % of loan amount - min | 0.40% |
| % of loan amount - max | 2.88% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | La comisión es 0.04% mensual cargado sólo al saldo del préstamo pendiente. |
| 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? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | UGX 250,000 | UGX 300,000 | UGX 700,000 | UGX 1,000,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2012-09-14 | 2013-02-14 | 2013-03-19 | 2013-02-14 | |||
| Loan Term (Months) | 5.8 months | 5.8 months | 5.8 months | 5.8 months | |||
| Grace Period (Months) | 0.2 months | 0.2 months | 0.2 months | 0.2 months | |||
| Total Cost of Credit | UGX 50,012 | UGX 59,000 | UGX 131,000 | UGX 185,000 | |||
| True Price by Comp | |||||||
| Interest price component | 55.7% | 55.1% | 55.1% | 55.1% | |||
| Fee Component | 16.7% | 15.0% | 11.1% | 10.2% | |||
| Insurance Component | 4.4% | 4.3% | 4.1% | 4.1% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 26.3% | 25.3% | 23.9% | 23.6% | |||
| Full APR (int fee ins tax dep) | 103.1% | 99.7% | 94.2% | 93.0% | |||
| Transparency Index | 29 | 30 | 32 | 32 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | USD 3,000 | USD 3,550 | USD 5,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-09-10 | 2013-12-15 | 2014-04-01 | ||
| Loan Term (Months) | 18.0 months | 24.0 months | 37.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | USD 624.98 | USD 1,229.61 | USD 1,578.67 | ||
| True Price by Comp | |||||
| Interest price component | 24.2% | 29.5% | 19.8% | ||
| Fee Component | 0.0% | 0.0% | 0.0% | ||
| Insurance Component | 0.4% | 0.5% | 0.5% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 24.6% | 30.0% | 20.3% | ||
| Transparency Index | 65 | 53 | 79 | ||
| 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 |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
