Number borrowers | 999 |
Loan Amount (range) | UGX 100,000 - 70,000,000 |
Loan Term (range) | 3 - 6 |
Other Services (text summary) | Credit Educ, Credit Ins |
Annual Interest & Method | 36.00% annual, Flat |
Fees | 3 fees |
Insurance | 1.00%-1.50% upfront |
Tax | None |
Comp Dep | 10.00% upfront |
Range of pricing | |
Interest Price Component | 40.5% - 57.5% |
Fee Component | 7.3% - 32.1% |
Insurance Component | 1.7% - 5.3% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 82.6% - 109.3% |
Transparency Index (min/max) | 23 - 51 |
Transparency Index (average) | 38 |
39,818 |
BOB 200 - 560,000 |
3 - 96 |
Other Training |
13.0%-24.0% annual, Decl Bal |
None |
0.05%-4.80% ongoing |
None |
N/A |
17.1% - 59.6% |
0 |
0.6% - 2.2% |
0 |
17.7% - 24.7% |
34 - 73 |
62 |
Outstanding portfolio (UGX) | UGX 573,201,315 |
Portfolio (USD) | USD 229,281 |
Active Clients with Loans | 999 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 20% - 40% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | x |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
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 | Must have a clear identifiable & regular source of income |
Other (2) |
# Regions for this institution | 4 |
# Regions for this product | 4 |
Regions Active | Central, Eastern, Northern, Western |
Outstanding portfolio (BOB) | BOB 511,525,255.70 |
Portfolio (USD) | USD 75,781,519.36 |
Active Clients with Loans | 39,818 |
Approximate % Female Clients | 20% - 40% |
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 | |
Workplace visits | |
Business training | |
Other training | x |
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 | 8 |
# Regions for this product | 8 |
Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , PotosÃ, Santa Cruz, Tarija |
Currency | UGX |
Minimum loan size | UGX 100,000 |
Maximum loan size | 70,000,000 |
Loans less than UGX 1,000,000 | 10% |
UGX 1,000,000-5,000,000 | 10% |
UGX 5,000,000-7,500,000 | 10% |
UGX 7,500,000-10,000,000 | 10% |
UGX 10,000,000-13,000,000 | 10% |
Greater than UGX 13,000,000 | 10% |
Shortest loan term | 3.0 months |
Longest loan term | 6.0 months |
Approx average | 6.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 100% |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
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 200 |
Maximum loan size | 560,000 |
Loans less than BOB 10,000 | 15% |
BOB 10,000-40,000 | 50% |
BOB 40,000-70,000 | 20% |
BOB 70,000-100,000 | 10% |
BOB 100,000-125,000 | 5% |
Greater than BOB 125,000 | 5% |
Shortest loan term | 3.0 months |
Longest loan term | 96.0 months |
Approx average | 26.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 5% |
Between 13 and 18 months | 5% |
Longer than 18 months | 90% |
Grace period usage | 0 |
Average grace period | DK |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | x |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 36.00% |
Highest quoted nominal interest | 36.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Loan Commission | Loan Processing Fee | |
% of loan amount - min | 2.00% | 2.00% | |
% of loan amount - max | 2.00% | 2.00% | |
OR, Fixed amount - min | 0 | 0 | |
Fixed amount - max | 0 | 0 | |
Reason for variation | n/a | n/a | |
Appears on Repayment Sched? | No | No |
Fee 1 | |
---|---|
Description | Monitoring Fee |
% of loan amount - min | 0.20% |
% of loan amount - max | 0 |
OR, Fixed amount - min | 0 |
Fixed amount - max | 5,000 |
Reason for variation | Capped at 5000 UGX |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Loan Insurance |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | 1% < 1 year. 1.5% for loans> 1 year |
Appears on Repayment Sched? | No |
Required for | Some |
Criteria | Not required if collateral is titled land or comrehensively insured motor vehicle |
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 | Final Pmt |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | End Term |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 13.00% |
Highest quoted nominal interest | 24.00% |
Reason(s) why interest rate varies | Time as Client, Collateral, Loan Purpose, Ciclo de préstamo |
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 y sepelio |
% of loan amount - min | 0.05% |
% of loan amount - max | 4.80% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | El costo es de 0.05% mensual, con cargo únicamente en la saldo 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 300,000 | UGX 800,000 | UGX 1,500,000 | UGX 3,000,000 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2012-08-09 | 2012-08-13 | 2012-07-20 | 2012-08-14 | |||
Loan Term (Months) | 4.0 months | 6.0 months | 7.0 months | 6.0 months | |||
Grace Period (Months) | 1.0 month | 1.0 month | 1.5 months | 1.1 months | |||
Total Cost of Credit | UGX 59,000.01 | UGX 196,000 | UGX 363,000 | UGX 720,000 | |||
True Price by Comp | |||||||
Interest price component | 55.5% | 57.5% | 51.0% | 55.9% | |||
Fee Component | 32.1% | 19.1% | 16.0% | 17.1% | |||
Insurance Component | 5.3% | 3.8% | 3.3% | 3.7% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 16.4% | 14.8% | 12.3% | 14.0% | |||
Full APR (int fee ins tax dep) | 109.3% | 95.2% | 82.6% | 90.7% | |||
Transparency Index | 33 | 38 | 44 | 40 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | BOB 5,000 | BOB 14,000 | BOB 31,000 | BOB 50,000 | BOB 84,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2013-08-28 | 2013-09-30 | 2013-11-19 | 2013-11-29 | 2013-07-29 | ||||
Loan Term (Months) | 15.0 months | 31.0 months | 36.0 months | 61.0 months | 73.0 months | ||||
Grace Period (Months) | 0.4 months | 0.2 months | -0.2 months | 0.5 months | -0.3 months | ||||
Total Cost of Credit | BOB 643.90 | BOB 4,924.71 | BOB 10,809.34 | BOB 38,617.86 | BOB 52,992.80 | ||||
True Price by Comp | |||||||||
Interest price component | 18.1% | 23.7% | 20.1% | 24.1% | 17.1% | ||||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Insurance Component | 0.6% | 0.6% | 0.6% | 0.6% | 0.6% | ||||
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) | 18.7% | 24.3% | 20.7% | 24.7% | 17.7% | ||||
Transparency Index | 69 | 53 | 63 | 53 | 73 | ||||
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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