Opportunity Uganda Ltd - Agriculture Loan - Individual - MFTransparency.org Truth In Lending Tables

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Institution

Opportunity Uganda Ltd Plot 7A, John Bahiha AvenueKampala, CentralPO Box 33513

Data approved: 2012-10-04

Data version: 2

Age of data: 146 months

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Product

Agriculture Loan - Individual Product 6 of 16 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (UGX)	UGX 2,613,153,976
Portfolio (USD)	USD 1,005,059.22
Active Clients with Loans	365
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	40% - 60%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Agriculture loan - Individual is targated at small businesses engaged in agricultural activities. It is an individual loan extended to both men and women borrowers.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance	x
Workplace visits	x
Business training	x
Other training
Other
Other (2)
No other services

Eligibility

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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	3
# Regions for this product	3
Regions Active	Central, Eastern, Western

Loan Conditions

Loan Amount

Currency	UGX
Minimum loan size	UGX 500,000
Maximum loan size	625,000,000

Distribution at Disbursement (Est.)

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	10%
UGX 10,000,000-13,000,000	10%
Greater than UGX 13,000,000	10%

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	60.0 months
Approx average	18.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	20%
Between 7 and 9 months	20%
Between 10 and 12 months	20%
Between 13 and 18 months	20%
Longer than 18 months	20%

Grace Period

Grace period usage	10%
Average grace period	3.0 months

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	24.00%
Highest quoted nominal interest	24.00%
Reason(s) why interest rate varies	Loan Size
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	No

Upfront Fees

	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	20,000
Fixed amount - max	0	50,000
Reason for variation	N/A	20,000 for loans up to 50M & 50,000 for loans over 50M
Appears on Repayment Sched?	No	No

Ongoing Fees

	Fee 1
Description	Monitoring Fee
% of loan amount - min	0.50%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	1.0% for loans up to 50M & 0.5% for loans over 50M
Appears on Repayment Sched?	No

Upfront Insurance Fees

	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

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	No
Do borrowers control deposit in their group?	No

Deposit BEFORE or AT Disbursement

% loan amount deposited	15.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	Final Pmt

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Agriculture Loan - Individual samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5	Sample 6
Loan Amount	UGX 800,000	UGX 1,500,000	UGX 5,000,000	UGX 5,000,000	UGX 8,500,000	UGX 15,000,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2012-09-18	2013-03-04	2013-01-18	2013-03-14	2013-03-23	2012-11-08
Loan Term (Months)	8.0 months	6.0 months	12.0 months	6.0 months	12.0 months	12.0 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	UGX 189,536	UGX 269,013	UGX 1,597,840	UGX 875,046	UGX 2,457,868	UGX 4,247,108
True Price by Comp
Interest price component	43.7%	41.0%	40.1%	41.0%	41.1%	41.4%
Fee Component	15.5%	15.1%	5.5%	13.3%	6.8%	5.9%
Insurance Component	3.0%	3.7%	1.7%	3.6%	2.0%	2.1%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	19.9%	18.9%	12.5%	18.2%	15.6%	15.6%
Full APR (int fee ins tax dep)	82.1%	78.7%	59.8%	76.1%	65.5%	65.0%
Transparency Index	29	30	40	32	37	37

Original Repayment Schedule	PDF	PDF	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF	PDF	PDF

Agriculture Loan - Individual Price Graphs

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
1st Valley Bank	38,900	48,291,000	3	161
AJDFI	13,100	884,000	6	161
ARDCI	44,600	9,403,000	1	161
ASA Philippines	333,400	29,282,000	1	161
ASHI	35,400	5,231,000	6	161
ASKI	60,000	15,247,000	4	161
Bangko Kabayan	8,900	2,373,000	2	161
BSEI	600	73,000	2	161
CBI	8,100	2,010,000	5	161
CCT	70,300	9,504,000	4	161
CEV	35,400	5,111,000	4	161
DSPI	59,300	3,676,000	3	161
ECLOF	5,400	1,836,000	4	161
FCB	12,000	2,392,000	2	161
FMB	2,700	710,000	2	161
GM Bank	23,500	1,553,000	3	161
HSPFI	19,100	1,899,000	2	161
JVOFI	1,300	281,000	1	161
Katipunan Bank	42,100	5,325,000	2	161
KDCI	20,500	2,095,000	3	161
KGI	32,300	3,421,000	4	161
KMBI	245,000	15,098,000	1	161
LTMPC	37,400	8,935,000	3	161
Mallig Plains	6,500	641,000	2	161
MILAMDEC	29,800	3,278,000	2	161
MWIMPC	11,800	1,740,000	4	160
NWTF	105,500	12,698,000	5	161
OFMPC	4,400	964,000	1	161
PBC	50,700	10,434,000	4	161
PCSD	700	167,000	1	161
PMPC	23,500	5,565,000	8	161
RB Angeles	900	1,502,000	2	161
RB Labason	500	289,000	1	161
RBLI	5,200	1,026,000	2	161
RBMI	11,900	1,750,000	2	161
RMB	100	173,000	1	161
RSPI	39,600	2,834,000	4	161
SAFRAGEMC	1,100	229,000	1	161
Salve	10,900	1,191,000	3	161
SEDP	27,000	3,914,000	3	161
TSKI	212,900	25,187,000	2	161
TSPI	264,500	31,290,000	7	161
Valient	1,700	672,000	2	161

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

	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:
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Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Agriculture Loan - Individual samples

Agriculture Loan - Individual Price Graphs

Total Borrowers of Samples

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