Number borrowers | 202 |
Loan Amount (range) | UGX 500,000 - 23,000,000 |
Loan Term (range) | 3 - 36 |
Other Services (text summary) | Credit Ins |
Annual Interest & Method | 30.00% annual, Decl Bal |
Fees | 2 fees |
Insurance | 0.85% upfront |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 21.0% - 59.5% |
Fee Component | 1.4% - 27.1% |
Insurance Component | 1.2% - 4.5% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 32.3% - 37.9% |
Transparency Index (min/max) | 36 - 96 |
Transparency Index (average) | 86 |
3,148 |
BOB 1,000 - 70,000 |
4 - 69 |
Credit Ins |
12.0%-36.0% annual, Decl Bal |
None |
0.09%-0.10% upfront 0.03%-0.59% ongoing |
None |
N/A |
16.1% - 37.9% |
0 |
1.0% - 1.1% |
0 |
17.2% - 37.0% |
32 - 96 |
45 |
Outstanding portfolio (UGX) | UGX 779,160,948 |
Portfolio (USD) | USD 311,664 |
Active Clients with Loans | 202 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 20% - 40% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | x |
Other | Land acquisition |
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 | x |
Must own a home or land | |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 2 |
# Regions for this product | 2 |
Regions Active | Central, Western |
Outstanding portfolio (BOB) | BOB 29,086,495.97 |
Portfolio (USD) | USD 4,309,110.51 |
Active Clients with Loans | 3,148 |
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 | x |
Consumer loan | x |
Agriculture | x |
Education | x |
Other household finance | |
Other | Capital de Operación - Inversión |
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 | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | Para las Unidades Fami-Empresarial |
Other (2) |
# Regions for this institution | 9 |
# Regions for this product | 9 |
Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , PotosÃ, Santa Cruz, Tarija |
Currency | UGX |
Minimum loan size | UGX 500,000 |
Maximum loan size | 23,000,000 |
Loans less than UGX 1,000,000 | 5% |
UGX 1,000,000-5,000,000 | 70% |
UGX 5,000,000-7,500,000 | 10% |
UGX 7,500,000-10,000,000 | 10% |
UGX 10,000,000-13,000,000 | 5% |
Greater than UGX 13,000,000 | 5% |
Shortest loan term | 3.0 months |
Longest loan term | 36.0 months |
Approx average | 12.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 15% |
Between 7 and 9 months | 15% |
Between 10 and 12 months | 30% |
Between 13 and 18 months | 20% |
Longer than 18 months | 20% |
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 |
Currency | BOB |
Minimum loan size | BOB 1,000 |
Maximum loan size | 70,000 |
Loans less than BOB 10,000 | 30% |
BOB 10,000-40,000 | 70% |
BOB 40,000-70,000 | 0 |
BOB 70,000-100,000 | 0 |
BOB 100,000-125,000 | 0 |
Greater than BOB 125,000 | 0 |
Shortest loan term | 4.0 months |
Longest loan term | 69.0 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 | 10% |
Between 13 and 18 months | 30% |
Longer than 18 months | 60% |
Grace period usage | 10% |
Average grace period | DK |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | x |
Quarterly | x |
Every 6 months | x |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 2.50% |
Highest quoted nominal interest | 2.50% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Loan Application Fee & Stamp Duty | Loan Commision | |
% of loan amount - min | 0 | 2.00% | |
% of loan amount - max | 0 | 2.00% | |
OR, Fixed amount - min | 10,000 | 0 | |
Fixed amount - max | 15,000 | 0 | |
Reason for variation | Ap Fee = 10,000. Stamp Duty = 5,000 for loans > 2M | N/A | |
Appears on Repayment Sched? | No | No |
Ins 1 | |
---|---|
Description | Loan Insurance Premium |
% of loan amount - min | 0.85% |
% of loan amount - max | 0.85% |
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 | 12.00% |
Highest quoted nominal interest | 36.00% |
Reason(s) why interest rate varies | Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Ins 1 | |
---|---|
Description | Seguro de desgravamen |
% of loan amount - min | 0.09% |
% of loan amount - max | 0.10% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | La comisión es: (0.085% X monto del crédito) + ((0.085% X monto del crédito) / número de dÃas entre el desembolso y la fecha de la primera cuota) |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Seguro de desgravamen |
% of loan amount - min | 0.03% |
% of loan amount - max | 0.59% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Comisión de 0.085% mensual aplicado sólo al saldo del capital remanente del crédito. |
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 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | UGX 800,000 | UGX 1,500,000 | UGX 3,000,000 | UGX 5,000,000 | UGX 8,000,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2012-10-22 | 2012-10-22 | 2012-11-14 | 2012-11-08 | 2012-11-13 | ||||
Loan Term (Months) | 8.0 months | 10.0 months | 12.0 months | 12.0 months | 18.0 months | ||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | ||||
Total Cost of Credit | UGX 116,191 | UGX 249,381.49 | UGX 575,536.56 | UGX 949,227 | UGX 2,183,491.88 | ||||
True Price by Comp | |||||||||
Interest price component | 29.6% | 29.7% | 29.7% | 29.7% | 29.7% | ||||
Fee Component | 5.9% | 3.4% | 2.7% | 2.3% | 1.4% | ||||
Insurance Component | 2.4% | 2.0% | 1.7% | 1.7% | 1.2% | ||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Full APR (int fee ins tax dep) | 37.9% | 35.1% | 34.1% | 33.7% | 32.3% | ||||
Transparency Index | 79 | 85 | 88 | 89 | 93 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | BOB 7,100 | BOB 8,000 | BOB 14,500 | BOB 35,000 | BOB 40,000 | BOB 40,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2014-01-15 | 2014-01-05 | 2014-01-05 | 2014-01-03 | 2014-01-06 | 2014-01-03 | |||||
Loan Term (Months) | 10.0 months | 16.0 months | 12.0 months | 18.0 months | 12.0 months | 24.0 months | |||||
Grace Period (Months) | -0.3 months | 0.0 months | 0.2 months | 0.0 months | -0.1 months | 0.0 months | |||||
Total Cost of Credit | BOB 791.16 | BOB 1,758.43 | BOB 1,413.37 | BOB 9,302.56 | BOB 6,041.55 | BOB 17,214.93 | |||||
True Price by Comp | |||||||||||
Interest price component | 24.1% | 28.1% | 16.1% | 30.1% | 26.1% | 36.0% | |||||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Insurance Component | 1.0% | 1.0% | 1.1% | 1.0% | 1.0% | 1.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 25.1% | 29.1% | 17.2% | 31.1% | 27.1% | 37.0% | |||||
Transparency Index | 48 | 41 | 70 | 39 | 44 | 32 | |||||
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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