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 |
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 |
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 |
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 |
Institution Type | RurBank |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1997 |
Head of Institution | IAN ERIC S. PAMA |
Regions active | |
# Branches | 3 |
Total Portfolio (nat'l) | PhP 28,130,268 |
Total Portfolio (USD) | USD 672,972.92 |
Active clients with loans | 1,772 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | Rural Bankers Association of the Philippines (RBAP), Philippine Deposit Insurance Corporation (PDIC), Iloilo Federation of Rural Bankers |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUGANA | PHP 3,000 - 150,000 | 2 - 12 | 80% - 100% | 0% - 20% | Any Purpose | Women, Men, Farmers with Multiple Sources of Income | Credit Ins | |||||||
LEADS ME | PHP 5,000 - 150,000 | 2 - 6 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business | Credit Ins |
Key Statistics | |
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# 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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