| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1997 |
| Head of Institution | Patrick Gathondu |
| Regions active | 0 |
| # Branches | 5 |
| Total Portfolio (nat'l) | KES 217,413,552 |
| Total Portfolio (USD) | USD 2,625,767.54 |
| Active clients with loans | 11,645 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hitimu Loan | KES 15,000 - 30,000 | 6 - 12 | 40% - 60% | 40% - 60% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Imarika Loan | KES 50,000 - 2,000,000 | 3 - 18 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Mama Plus Loan | KES 10,000 - 100,000 | 6 - 12 | 80% - 100% | 40% - 60% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Mifugo Loan | KES 50,000 - 80,000 | 9 - 12 | 40% - 60% | 40% - 60% | Business, Agricultural loan | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Msingi Loan | KES 20,000 - 1,000,000 | 3 - 18 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Upesi Loan | KES 10,000 - 20,000 | 3 - 6 | 40% - 60% | 40% - 60% | Business, Other | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hitimu Loan | 17.0% annual, Flat | 1 Fee | 1 Ins | None | 25.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Imarika Loan | 17.0% annual, Flat | 1 Fee | 1 Ins | None | 4,000.00 upfront 200.00 ongoing | 0% | 0% | N/A | ||||||||
| Mama Plus Loan | 8.0% annual, Flat | 1 Fee | 1 Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Mifugo Loan | 17.0% annual, Flat | 1 Fee | 1 Ins | None | 25.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Msingi Loan | 17.0% annual, Flat | 0 Fees | 0 Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Upesi Loan | 24.0% annual, Flat | 1 Fee | 0 Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A |
| Outstanding portfolio (KHR) | KHR 29,604,006,200 |
| Portfolio (USD) | USD 7,565,552.31 |
| Active Clients with Loans | 63,785 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | x |
| Must be a salaried worker | |
| Must be specific age group | x |
| Other | |
| Other (2) |
| Currency | KHR |
| Minimum loan size | KHR 10,000 |
| Maximum loan size | 1,000,000 |
| Shortest loan term | 3.0 months |
| Longest loan term | 12.0 months |
| Approx average | 10.0 months |
| Loans 3 months or less | N/A |
| Between 4 and 6 months | N/A |
| Between 7 and 9 months | N/A |
| Between 10 and 12 months | N/A |
| Between 13 and 18 months | N/A |
| Longer than 18 months | N/A |
| 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 |
| Lowest quoted nominal interest | 2.80% |
| Highest quoted nominal interest | 2.80% |
| Reason(s) why interest rate varies | Time as Client, Client Risk |
| 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 | |
|---|---|
| Description | Administrative fee |
| % of loan amount - min | 0.50% |
| % of loan amount - max | 0.50% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | |
| 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 |
| 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 |
|---|---|---|---|---|---|---|---|
