| Number borrowers | 513 |
| Loan Amount (range) | UGX 100,000 - 8,000,000 |
| Loan Term (range) | 1 - 24 |
| Other Services (text summary) | Credit Ins, Business Training |
| Annual Interest & Method | 30.00%-42.00% annual, Flat |
| Fees | 1.00% upfront |
| Insurance | 1.00%-2.00% upfront |
| Tax | None |
| Comp Dep | 20.00% upfront |
| Range of pricing | |
| Interest Price Component | 48.1% - 52.1% |
| Fee Component | 1.9% - 5.1% |
| Insurance Component | 1.9% - 5.2% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 74.1% - 83.6% |
| Transparency Index (min/max) | 36 - 40 |
| Transparency Index (average) | 37 |
| 5,755 |
| BOB 400 - 5,000 |
| 4 - 10 |
| Group Mtgs, Credit Ins, Business Training, Other Training, Salud, Liderazgo |
| 33.6%-36.0% annual, Decl Bal |
| upfront ongoing |
| None |
| None |
| 20.00% ongoing |
| N/A |
| 57.9% - 62.0% (Int+Fee) |
| 0 |
| 0 - 0.8% |
| 65.6% - 70.4% |
| 0 - N/A |
| 49 |
| Outstanding portfolio (UGX) | UGX 690,000,000 |
| Portfolio (USD) | USD 276,000 |
| Active Clients with Loans | 513 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 80% - 100% |
| Individual | x |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | x |
| Consumer loan | x |
| Agriculture | |
| Education | x |
| Other household finance | x |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | |
| Business training | x |
| 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 | |
| Other (2) |
| # Regions for this institution | 1 |
| # Regions for this product | 1 |
| Regions Active | Central |
| Outstanding portfolio (BOB) | BOB 10,155,070.37 |
| Portfolio (USD) | USD 1,504,454.87 |
| Active Clients with Loans | 5,755 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 60% - 80% |
| Individual | |
| Solidarity group | |
| Village banking | x |
| 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 | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | x |
| Other training | x |
| Other | Salud |
| Other (2) | Liderazgo |
| 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 | Mujeres deben ser alrededor de un 80% |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | UGX |
| Minimum loan size | UGX 100,000 |
| Maximum loan size | 8,000,000 |
| Loans less than UGX 1,000,000 | 20% |
| UGX 1,000,000-5,000,000 | 20% |
| UGX 5,000,000-7,500,000 | 20% |
| UGX 7,500,000-10,000,000 | 20% |
| UGX 10,000,000-13,000,000 | 10% |
| Greater than UGX 13,000,000 | 10% |
| Shortest loan term | 1.0 month |
| Longest loan term | 24.0 months |
| Approx average | 6.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 50% |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 10% |
| Between 13 and 18 months | 40% |
| 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 400 |
| Maximum loan size | 5,000 |
| Shortest loan term | 4.0 months |
| Longest loan term | 10.0 months |
| Approx average | 6.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | x |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 2.50% |
| Highest quoted nominal interest | 3.50% |
| Reason(s) why interest rate varies | Loan Size |
| 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 Processing 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 |
| Ins 1 | |
|---|---|
| Description | Loan Protection Fund |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 2.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | 1% on loans <1 year & 2% on loans >1 year |
| 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 | 20.00% |
| 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 | 2.50% |
| Maximum interest rate paid | 2.50% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
| Lowest quoted nominal interest | 2.80% |
| Highest quoted nominal interest | 3.00% |
| Reason(s) why interest rate varies | Loan Size, Client Risk |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Cargos administrativos por trámite desembolso |
| % of loan amount - min | 0 |
| % of loan amount - max | 2.50% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | |
| Appears on Repayment Sched? | Yes |
| Fee 1 | |
|---|---|
| Description | Cargos administrativos y Formularios |
| % of loan amount - min | 0 |
| % of loan amount - max | 1.20% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? | Yes |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 20.00% |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 1.20% |
| Maximum interest rate paid | 1.20% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | UGX 300,000 | UGX 800,000 | UGX 1,500,000 | UGX 3,000,000 | UGX 6,000,000 | ||||
| Loan Cycle (1, 2, 3, etc) | 2 | 1 | 12 | 2 | 1 | ||||
| Disbursement Date | 2012-01-11 | 2012-05-22 | 2012-04-10 | 2012-05-08 | 2012-08-20 | ||||
| Loan Term (Months) | 3.8 months | 6.0 months | 10.0 months | 12.0 months | 12.0 months | ||||
| Grace Period (Months) | 0.0 months | 0.0 months | -0.2 months | 0.2 months | 0.3 months | ||||
| Total Cost of Credit | UGX 36,000 | UGX 136,000 | UGX 405,000 | UGX 960,000 | UGX 1,920,000 | ||||
| True Price by Comp | |||||||||
| Interest price component | 48.1% | 48.4% | 52.1% | 49.1% | 48.2% | ||||
| Fee Component | 5.1% | 3.5% | 2.4% | 2.0% | 1.9% | ||||
| Insurance Component | 5.2% | 3.6% | 2.5% | 2.0% | 1.9% | ||||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
| Deposit Component | 24.2% | 25.3% | 26.6% | 22.9% | 22.0% | ||||
| Full APR (int fee ins tax dep) | 82.6% | 80.8% | 83.6% | 76.0% | 74.1% | ||||
| Transparency Index | 36 | 37 | 36 | 39 | 40 | ||||
| Original Repayment Schedule | |||||||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | BOB 2,051.28 | BOB 2,051.28 | BOB 2,564.10 | ||
| Loan Cycle (1, 2, 3, etc) | 1 | 1 | 2 | ||
| Disbursement Date | 2010-06-12 | 2010-06-09 | 2010-06-24 | ||
| Loan Term (Months) | 4.7 months | 8.0 months | 5.6 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | Not Known | Not Known | Not Known | ||
| True Price by Comp | |||||
| Interest and Fee Component | 62.0% | 57.9% | 59.9% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 8.4% | 7.6% | 7.7% | ||
| Full APR (int fee ins tax dep) | 70.4% | 65.6% | 67.5% | ||
| Transparency Index | 48 | 51 | 50 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
