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 |
694 |
USD 5,000 - 9,671,865 |
12 - 36 |
Credit Ins, Ahorro |
13.0%-20.0% annual, Decl Bal |
None |
1.20%-3.60% ongoing |
None |
N/A |
13.1% - 32.0% |
0 - 1.1% |
0 - 1.4% |
0 |
17.5% - 21.5% |
44 - 91 |
65 |
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 17,752,596.79 |
Portfolio (USD) | USD 17,752,596.79 |
Active Clients with Loans | 694 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 60% - 80% |
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 | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | Ahorro |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | x |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 5 |
# Regions for this product | 5 |
Regions Active | Chuquisaca , Cochabamba , La Paz , Santa Cruz, Tarija |
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 5,000 |
Maximum loan size | 9,671,865 |
Loans less than USD 1,500 | 0 |
USD 1,500-5,000 | 0 |
USD 5,000-10,000 | 5% |
USD 10,000-15,000 | 20% |
USD 15,000-18,000 | 10% |
Greater than USD 18,000 | 10% |
Shortest loan term | 12.0 months |
Longest loan term | 36.0 months |
Approx average | DK |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 100% |
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 | |
Every 12 months | |
Single end payment | |
Irregular payments |
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 | 12.99% |
Highest quoted nominal interest | 20.00% |
Reason(s) why interest rate varies | Time as Client, Loan Size, Client Risk, Loan Purpose |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | No |
Ins 1 | |
---|---|
Description | Seguro de Desgravamen |
% of loan amount - min | 1.20% |
% of loan amount - max | 3.60% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Comisión de 0.1% mensual que aplica sólo al saldo del principal 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 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 | |||
---|---|---|---|---|---|
Loan Amount | USD 10,000 | USD 15,000 | USD 20,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2014-03-07 | 2014-03-07 | 2014-03-07 | ||
Loan Term (Months) | 18.0 months | 46.0 months | 143.0 months | ||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
Total Cost of Credit | USD 1,452.27 | USD 7,003.91 | USD 34,867.76 | ||
True Price by Comp | |||||
Interest price component | 16.1% | 20.1% | 20.1% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 1.4% | 1.4% | 1.4% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 17.5% | 21.5% | 21.5% | ||
Transparency Index | 74 | 61 | 61 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Key Statistics | |
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# 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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