| Number borrowers | 208 |
| Loan Amount (range) | UGX 200,000 - 30,000,000 |
| Loan Term (range) | 1 - 60 |
| Other Services (text summary) | Credit Educ, Tech Asst Visits, Business Training, Other Training, Financial management training |
| Annual Interest & Method | 18.00% annual, Decl Bal |
| Fees | 50,000 upfront |
| Insurance | 0.00%-1.00% upfront |
| Tax | None |
| Comp Dep | N/A |
| Range of pricing | |
| Interest Price Component | 17.8% - 17.9% |
| Fee Component | 0.7% - 51.2% |
| Insurance Component | 1.0% - 5.5% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 19.8% - 74.5% |
| Transparency Index (min/max) | 24 - 91 |
| Transparency Index (average) | 56 |
| Outstanding portfolio (UGX) | UGX 4,216,212,589 |
| Portfolio (USD) | USD 1,686,485 |
| Active Clients with Loans | 208 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 80% - 100% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | x |
| Consumer loan | |
| Agriculture | |
| Education | x |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | |
| Credit insurance | |
| Workplace visits | x |
| Business training | x |
| Other training | x |
| Other | Financial management training |
| 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 |
| Currency | UGX |
| Minimum loan size | UGX 200,000 |
| Maximum loan size | 30,000,000 |
| 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 | 1.0 month |
| Longest loan term | 60.0 months |
| Approx average | 36.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 20% |
| Between 13 and 18 months | 40% |
| Longer than 18 months | 40% |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 18.00% |
| Highest quoted nominal interest | 18.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | No |
| Fee 1 | |
|---|---|
| Description | Loan Application Fee |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 50,000 |
| Fixed amount - max | 50,000 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Insurance Fee |
| % of loan amount - min | 0 |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | Applies to loans between 500,000 - 20,000,000 |
| 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 |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | UGX 500,000 | UGX 694,923 | UGX 2,999,996 | UGX 3,700,000 | UGX 5,400,000 | UGX 9,000,000 | |||||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
| Disbursement Date | 2012-03-12 | 2012-06-12 | 2012-03-12 | 2012-08-12 | 2012-03-12 | 2012-06-12 | |||||
| Loan Term (Months) | 4.1 months | 12.0 months | 11.0 months | 22.0 months | 24.0 months | 18.0 months | |||||
| Grace Period (Months) | 1.0 month | 1.0 month | 1.0 month | 1.0 month | 1.0 month | 1.0 month | |||||
| Total Cost of Credit | UGX 73,890 | UGX 126,552.23 | UGX 356,695.96 | UGX 758,450 | UGX 1,174,164 | UGX 1,476,537 | |||||
| True Price by Comp | |||||||||||
| Interest price component | 17.8% | 17.8% | 17.8% | 17.9% | 17.8% | 17.9% | |||||
| Fee Component | 51.2% | 14.4% | 3.4% | 1.5% | 1.0% | 0.7% | |||||
| Insurance Component | 5.5% | 2.1% | 2.1% | 1.1% | 1.0% | 1.3% | |||||
| 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) | 74.5% | 34.3% | 23.3% | 20.5% | 19.8% | 19.9% | |||||
| Transparency Index | 24 | 53 | 77 | 88 | 91 | 90 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
| 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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