2. UGAFODE
Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. PRSP
Please note that the information you are viewing is 131 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

UGAFODE Microfinance Limited (MDI) Plot 62, Bombo RdKampala, Uganda
Data approved: 2012-11-14
Data version: 2
Age of data: 144 months
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Institution

Punjab Rural Support Programme 33-Civic Centre, Mustafa TownLahore, Punjab
Data approved: 2013-09-05
Data version: 1
Age of data: 131 months

Product

Asset Acquisition Loan Product 2 of 9 « Prev | Next »

Product

Agriculture Loan Product 1 of 4 « Prev | Next »

Product Summary

Number borrowers358
Loan Amount (range)UGX 100,000 - 10,000,000
Loan Term (range)3 - 36
Other Services (text summary)Credit Ins
Annual Interest & Method30.00% annual, Flat
Fees2 fees
Insurance0.85% upfront
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component21.0% - 59.5%
Fee Component1.4% - 27.1%
Insurance Component1.2% - 4.5%
Tax Component Range0
Full APR (int fee ins tax dep)56.7% - 68.7%
Transparency Index (min/max)36 - 96
Transparency Index (average)50

Product Summary

10,667
PKR 15,000 - 40,000
6 - 18
Credit Educ, Group Mtgs, Tech Asst Visits, Other Training
20.0% annual, Decl Bal
350.00 upfront 150.00-300.00 upfront
None
None
N/A
 
18.9% - 19.9%
2.7% - 5.0%
0
0
22.5% - 23.9%
0 - N/A
N/A

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 772,264,828.60
Portfolio (USD)USD 308,906
Active Clients with Loans358
Approximate % Female Clients0% - 20%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
For small and medium income customers to acquire business and personal assets.
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loanx
Agriculture
Education
Other household financex
OtherAcquire Business or Personal Assets
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried workerx
Must be specific age group
OtherMust have reliable source of income.
Other (2)The asset becomes part of loan security
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution2
# Regions for this product2
Regions ActiveCentral, Western

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 152,297,441
Portfolio (USD)USD 1,554,055.52
Active Clients with Loans10,667
Approximate % Female Clients40% - 60%
Approximate % Urban Clients0
Methodology
Individual
Solidarity group
Village banking
Self help group
Other
Description
There are 10,667 active borrowers against this product. This loan is give for Seeds, fertilizer, Agro chemicals, tools & Irrigation purpose. The period of credit for agri products are set related to crop season but maximum 12 months for sugar cane.
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visitsx
Business training
Other trainingx
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a business
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 institution1
# Regions for this product1
Regions ActivePunjab

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 100,000
Maximum loan size10,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,0005%
UGX 1,000,000-5,000,00080%
UGX 5,000,000-7,500,0005%
UGX 7,500,000-10,000,00010%
UGX 10,000,000-13,000,0000
Greater than UGX 13,000,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term36.0 months
Approx average18.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months5%
Between 10 and 12 months20%
Between 13 and 18 months40%
Longer than 18 months30%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyPKR
Minimum loan sizePKR 15,000
Maximum loan size40,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,0000
PKR 10,000-25,000100%
PKR 25,000-50,0000
PKR 50,000-75,0000
PKR 75,000-150,0000
Greater than PKR 150,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term18.0 months
Approx averageDK
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months70%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months30%
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace periodDK
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 monthsx
Every 12 monthsx
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest2.50%
Reason(s) why interest rate variesTime as Client, Client Risk
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan Application Fee & Stamp DutyLoan Commission
% of loan amount - min02.00%
% of loan amount - max02.00%
OR, Fixed amount - min10,0000
Fixed amount - max15,0000
Reason for variationAp Fee = 10,000. Stamp Duty = 5,000 for loans > 2MN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionLoan Insurance Premium
% of loan amount - min0.85%
% of loan amount - max0.85%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest20.00%
Highest quoted nominal interest20.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionCIB and Document ChargesBehbood Fund
% of loan amount - min00
% of loan amount - max00
OR, Fixed amount - min350150
Fixed amount - max350300
Reason for variationN/AFirst time loanee pays 150. Subsequent loan is charged 300.
Appears on Repayment Sched?YesYes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Asset Acquisition Loan samples
Sample 1Sample 3Sample 4Sample 5Sample 6
Loan AmountUGX 500,000UGX 1,500,000UGX 3,000,000UGX 6,000,000UGX 10,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2012-11-082012-10-172012-10-122012-10-162012-11-15
Loan Term (Months)5.0 months12.0 months10.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditUGX 86,750UGX 502,750UGX 850,500UGX 1,986,000UGX 3,300,000
True Price by Comp         
Interest price component48.0%50.4%50.3%50.4%50.6%
Fee Component17.0%5.4%5.9%4.5%4.4%
Insurance Component3.7%1.8%2.1%1.8%1.8%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)68.7%57.6%58.3%56.7%56.7%
Transparency Index4452515353
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Agriculture Loan samples
Sample 1Sample 2Sample 3
Loan AmountPKR 20,000PKR 25,000PKR 30,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-08-052013-12-232013-12-23
Loan Term (Months)6.0 months6.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditPKR 2,500PKR 3,000PKR 3,500
True Price by Comp     
Interest price component18.9%19.1%19.1%
Fee Component5.0%4.1%3.4%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)23.9%23.2%22.5%
Transparency IndexN/AN/AN/A
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Asset Acquisition Loan Price Graphs


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Agriculture Loan Price Graphs


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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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