| Number borrowers | 95 |
| Loan Amount (range) | UGX 500,000 - 625,000,000 |
| Loan Term (range) | 4 - 60 |
| Other Services (text summary) | Credit Educ, Credit Ins |
| Annual Interest & Method | 24.00% annual, Decl Bal |
| Fees | 3 fees |
| Insurance | 1.10% upfront |
| Tax | None |
| Comp Dep | N/A |
| 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) | 44.8% - 46.8% |
| Transparency Index (min/max) | 27 - 69 |
| Transparency Index (average) | 52 |
| 1,048 |
| USD 100 - 10,000 |
| 1 - 24 |
| 27.0%-36.0% annual, Decl Bal |
| None |
| None |
| None |
| 3.0% upfront |
| 27.1% - 36.0% |
| 0 |
| 0 |
| 0 |
| 28.6% - 35.2% |
| 81 - 105 |
| 95 |
| Outstanding portfolio (UGX) | UGX 4,131,125,941 |
| Portfolio (USD) | USD 1,588,894.59 |
| Active Clients with Loans | 95 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 40% - 60% |
| 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 | |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | Schools & Companies are also eligible. |
| Other (2) |
| # Regions for this institution | 3 |
| # Regions for this product | 3 |
| Regions Active | Central, Eastern, Western |
| Outstanding portfolio (USD) | USD 1,007,057 |
| Portfolio (USD) | USD 1,007,057 |
| Active Clients with Loans | 1,048 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 20% - 40% |
| 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 | |
| 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 | x |
| Must be a salaried worker | |
| Must be specific age group | x |
| Other | |
| Other (2) |
| # Regions for this institution | 7 |
| # Regions for this product | 6 |
| Regions Active | Battambang, Kampong Cham, Kandal, Phnom Penh, PursatSiem Reap |
| Currency | UGX |
| Minimum loan size | UGX 500,000 |
| Maximum loan size | 625,000,000 |
| 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% |
| Shortest loan term | 4.0 months |
| Longest loan term | 60.0 months |
| Approx average | 36.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 10% |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 10% |
| Between 13 and 18 months | 10% |
| Longer than 18 months | 60% |
| Grace period usage | 10% |
| Average grace period | 2.0 months |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments | x |
| Currency | USD |
| Minimum loan size | USD 100 |
| Maximum loan size | 10,000 |
| Loans less than USD 250 | 0 |
| USD 250-1,000 | 15% |
| USD 1,000-1,500 | 20% |
| USD 1,500-2,000 | 30% |
| USD 2,000-2,500 | 15% |
| Greater than USD 2,500 | 15% |
| Shortest loan term | 1.0 month |
| Longest loan term | 24.0 months |
| Approx average | 15.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 30% |
| Between 13 and 18 months | 70% |
| 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 | 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 |
| 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 |
| 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% for loans up to 50M & 0.5% for loans over 50M. |
| Appears on Repayment Sched? | 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 | 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 |
| Lowest quoted nominal interest | 2.25% |
| Highest quoted nominal interest | 3.00% |
| Reason(s) why interest rate varies | Loan Size |
| 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? | No |
| % 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 | 3.00% |
| Maximum interest rate paid | 3.00% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
| Sample 3 | Sample 4 | Sample 5 | |||
|---|---|---|---|---|---|
| Loan Amount | UGX 5,000,000 | UGX 5,000,000 | UGX 9,000,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2012-06-14 | 2012-12-13 | 2012-09-10 | ||
| Loan Term (Months) | 12.0 months | 12.0 months | 16.0 months | ||
| Grace Period (Months) | 1.0 month | 1.0 month | 1.1 months | ||
| Total Cost of Credit | UGX 1,703,367 | UGX 1,630,971 | UGX 3,814,628 | ||
| True Price by Comp | |||||
| Interest price component | 41.3% | 39.4% | 41.1% | ||
| Fee Component | 3.9% | 3.8% | 2.9% | ||
| Insurance Component | 1.6% | 1.6% | 1.3% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 46.8% | 44.8% | 45.3% | ||
| Transparency Index | 51 | 54 | 53 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Sample 2 | Sample 3 | Sample 4 | Sample 5 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | USD 300 | USD 600 | USD 1,200 | USD 1,800 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2012-10-26 | 2012-08-13 | 2012-09-11 | 2012-10-26 | |||
| Loan Term (Months) | 13.0 months | 10.0 months | 12.0 months | 25.0 months | |||
| Grace Period (Months) | 0.3 months | -0.1 months | 0.2 months | 0.5 months | |||
| Total Cost of Credit | USD 52 | USD 91 | USD 201 | USD 532 | |||
| True Price by Comp | |||||||
| Interest price component | 30.0% | 33.4% | 30.0% | 27.1% | |||
| Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 1.7% | 1.8% | 1.7% | 1.5% | |||
| Full APR (int fee ins tax dep) | 31.7% | 35.2% | 31.7% | 28.6% | |||
| Transparency Index | 95 | 85 | 95 | 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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