Number borrowers | 50 |
Loan Amount (range) | UGX 600,000 - 1,500,000 |
Loan Term (range) | 10 |
Other Services (text summary) | Group Mtgs, Business Training |
Annual Interest & Method | 48.00% annual, Flat |
Fees | 1.00% upfront |
Insurance | None |
Tax | None |
Comp Dep | 10.00% upfront |
Range of pricing | |
Interest Price Component | 85.1% - 126.1% |
Fee Component | 2.7% - 7.5% |
Insurance Component | 0 |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 111.1% - 116.1% |
Transparency Index (min/max) | 36 - 48 |
Transparency Index (average) | 41 |
374 |
USD 100 - 125,000 |
1.3 - 45.3 |
Credit Ins |
5.0%-22.0% annual, Decl Bal |
None |
None |
15.00% Principal |
N/A |
N/A |
7.1% - 14.8% (Int+Fee) |
0 |
0.0% - 0.9% |
7.9% - 14.7% |
16 - 83 |
53 |
Outstanding portfolio (UGX) | UGX 34,835,400 |
Portfolio (USD) | USD 13,934 |
Active Clients with Loans | 50 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 60% - 80% |
Individual | |
Solidarity group | |
Village banking | x |
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 | x |
Credit insurance | |
Workplace visits | |
Business training | x |
Other training | |
Other | |
Other (2) | |
No other services |
Men | |
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 | 1 |
# Regions for this product | 1 |
Regions Active | Central |
Outstanding portfolio (USD) | USD 846,867 |
Portfolio (USD) | USD 846,867 |
Active Clients with Loans | 374 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 80% - 100% |
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 | |
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 | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | UGX |
Minimum loan size | UGX 600,000 |
Maximum loan size | 1,500,000 |
Loans less than UGX 1,000,000 | 50% |
UGX 1,000,000-5,000,000 | 50% |
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 | 10.0 months |
Longest loan term | 10.0 months |
Approx average | 10.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 100% |
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 100 |
Maximum loan size | 125,000 |
Shortest loan term | 1.3 months |
Longest loan term | 45.3 months |
Approx average | 16.8 months |
Grace period usage | 0 |
Average grace period | 0 |
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 | x |
Lowest quoted nominal interest | 4.00% |
Highest quoted nominal interest | 4.00% |
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 | Loan Appraisal Fee |
% 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 | 10.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
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 | 5.04% |
Highest quoted nominal interest | 21.96% |
Reason(s) why interest rate varies | Time as Client, Loan Size |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
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? | Yes |
Percentage of fees | 0 |
All or some fees taxed | N/A |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | UGX 700,000 | UGX 800,000 | UGX 900,000 | UGX 900,000 | |||
Loan Cycle (1, 2, 3, etc) | 3 | 3 | 5 | 5 | |||
Disbursement Date | 2012-05-18 | 2012-05-10 | 2012-04-13 | 2012-03-01 | |||
Loan Term (Months) | 9.0 months | 9.0 months | 9.0 months | 9.0 months | |||
Grace Period (Months) | 0.2 months | 0.1 months | 0.1 months | 0.1 months | |||
Total Cost of Credit | UGX 287,000 | UGX 328,000 | UGX 369,000 | UGX 369,000 | |||
True Price by Comp | |||||||
Interest price component | 90.8% | 94.5% | 93.0% | 94.5% | |||
Fee Component | 2.9% | 3.1% | 3.0% | 3.1% | |||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 17.4% | 18.5% | 18.0% | 18.5% | |||
Full APR (int fee ins tax dep) | 111.1% | 116.1% | 114.0% | 116.1% | |||
Transparency Index | 43 | 41 | 42 | 41 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | USD 400 | USD 1,100 | USD 2,000 | USD 4,000 | USD 7,900 | USD 12,500 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2010-06-18 | 2010-06-23 | 2010-06-22 | 2010-05-26 | 2010-06-09 | 2010-05-20 | |||||
Loan Term (Months) | 4.0 months | 18.0 months | 4.0 months | 6.0 months | 2.0 months | 11.0 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 | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
True Price by Comp | |||||||||||
Interest and Fee Component | 7.2% | 8.0% | 12.2% | 8.2% | 7.1% | 14.8% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.7% | 0.2% | 0.5% | 0.3% | 0.8% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 8.0% | 8.2% | 12.7% | 8.5% | 7.9% | 14.7% | |||||
Transparency Index | 63 | 61 | 40 | 60 | 64 | 34 | |||||
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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Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
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From 0 to | ||||||
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