| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.y-save.org/ |
| Year established | 2004 |
| Head of Institution | Danstan Kisuule |
| Regions active | Central |
| # Branches | 1 |
| Total Portfolio (nat'l) | UGX 4,216,212,589 |
| Total Portfolio (USD) | USD 1,686,485.04 |
| Active clients with loans | 208 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | UCSCU, AMFIU, PSF (Private Sector Foundation) |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Developmental Loan | UGX 200,000 - 30,000,000 | 1 - 60 | 40% - 60% | 80% - 100% | Business, Housing, Education | Women, Men, Have business | Credit Educ, Tech Asst Visits, Business Training, Other Training, Financial management training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Developmental Loan | 18.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 18.6% - 69% | 19.8% - 74.5% | 56 |
| Outstanding portfolio (PHP) | PHP 90,071,216.34 |
| Portfolio (USD) | USD 2,154,813.79 |
| Active Clients with Loans | 5,591 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | |
| Mortgage/housing | x |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | Sanitation |
| 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 | Must have proof of right to construct house |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | PHP |
| Minimum loan size | PHP 15,000 |
| Maximum loan size | 100,000 |
| Shortest loan term | 18.0 months |
| Longest loan term | 60.0 months |
| Approx average | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 1.20% |
| Highest quoted nominal interest | 1.50% |
| Reason(s) why interest rate varies | Each on time amortization is eligible for the 20% interest rate discount |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Administration Fee |
| % of loan amount - min | 5.00% |
| % of loan amount - max | 5.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | |
| Appears on Repayment Sched? | No |
| Ins 1 | Ins 2 | ||
|---|---|---|---|
| Description | Mortgage Redemption Insurance | Life Insurance | |
| % of loan amount - min | 3.16% | 0 | |
| % of loan amount - max | 3.16% | 0 | |
| OR, Fixed amount - min | 0 | 240 | |
| Fixed amount - max | 0 | 1,200 | |
| Reason for variation | N/A | N/A | |
| Appears on Repayment Sched? | No | 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 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | PHP 15,000 | PHP 30,000 | PHP 50,000 | PHP 90,000 | |||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
| Disbursement Date | 2011-02-01 | 2009-04-22 | 2009-10-06 | 2009-05-06 | |||
| Loan Term (Months) | 18.2 months | 36.4 months | 36.4 months | 36.4 months | |||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||
| Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | |||
| True Price by Comp | |||||||
| Interest and Fee Component | 40.6% | 35.4% | 35.3% | 35.3% | |||
| Insurance Component | 5.0% | 2.4% | 1.8% | 1.4% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Full APR (int fee ins tax dep) | 45.6% | 37.8% | 37.1% | 36.7% | |||
| Transparency Index | 32 | 38 | 39 | 39 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| Key Statistics | |
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| 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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