2. Jamii Bora
Please note that the information you are viewing is 145 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. TMFB
Please note that the information you are viewing is 118 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Jamii Bora P.O. Box 22741-00400Nairobi
Data approved: 2013-07-02
Data version: 2
Age of data: 145 months
Choose version

Institution

Tameer Microfinance Bank A-15, Block 7/8 KCHS Union, Karachi 75350, PakistanKarachi75350
Data approved: 2015-04-15
Data version: 2
Age of data: 118 months
Choose version

Product

Micro Individual Product 6 of 8 « Prev | Next »

Product

Livestock Financing Product 3 of 7 « Prev | Next »

Product Summary

Number borrowers242
Loan Amount (range)KES 5,000 - 100,000
Loan Term (range)1 - 12
Other Services (text summary)Credit Educ, Credit Ins, Business Training
Annual Interest & Method22.0% annual, Flat
Fees1.00% upfront
Insurance1.00% upfront
TaxNone
Comp Dep20.0% upfront
Range of pricing 
Interest Price Component34.1% - 40.5%
Fee Component1.0% - 3.5%
Insurance Component1.1% - 3.6%
Tax Component Range0
Full APR (int fee ins tax dep)61.1% - 63.2%
Transparency Index (min/max)25 - 38
Transparency Index (average)35

Product Summary

4,139
PKR 50,000 - 400,000
12 - 24
23.0%-30.0% annual, Flat
0.00%-2.50%, 500.00 min upfront
None
16.00% fees
N/A
 
23.8% - 45.8%
2.1% - 7.8%
0
0.3% - 1.3%
39.7% - 48.9%
45 - 100
52

Product Details

Key Statistics
Outstanding portfolio (KES)KES 16,933,450
Portfolio (USD)USD 204,510.27
Active Clients with Loans242
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
OtherIndividual loans with group collateral
Description
Micro Individual loans are offered to members that have saved money with Jamii Bora for a minimum of six weeks. Loan cannot be more than twice the amount in the member's savings account. Interest is charged only until the day the loan is fully paid.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust have saved money in a Jamii Bora account for at least six weeks
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution7
# Regions for this product7
Regions ActiveCentral, Coast, Eastern, Nairobi, Nyanza, Rift Valley, Western

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 284,898,086
Portfolio (USD)USD 2,797,699.21
Active Clients with Loans4,139
Approximate % Female Clients0
Approximate % Urban Clients100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Livestock Financing allows prospective customers to borrow for the purchase of fresh animals (dairy / sacrifical) to incrase in livelihood.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution5
# Regions for this product2
Regions ActivePunjab, Sindh

Loan Conditions

Loan Amount
CurrencyKES
Minimum loan sizeKES 5,000
Maximum loan size100,000
Distribution at Disbursement (Est.)
Loans less than KES 50,00010%
KES 50,000-150,00090%
KES 150,000-250,0000
KES 250,000-350,0000
KES 350,000-450,0000
Greater than KES 450,0000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term12.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyPKR
Minimum loan sizePKR 50,000
Maximum loan size400,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,0000
PKR 10,000-25,0000
PKR 25,000-50,0000
PKR 50,000-75,00010%
PKR 75,000-150,00080%
Greater than PKR 150,00080%
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term24.0 months
Approx average18.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months10%
Longer than 18 months90%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest22.00%
Highest quoted nominal interest22.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionChattels Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit/Life Insurance Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest23.00%
Highest quoted nominal interest30.00%
Reason(s) why interest rate variesLoan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing fee
% of loan amount - min0
% of loan amount - max2.50%
OR, Fixed amount - min500
Fixed amount - max0
Reason for variation%age of loan amount or fixed amount-whichever is higher
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees16%
All or some fees taxedSome

Full Pricing Data

Micro Individual samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountKES 10,000KES 30,000KES 50,000KES 90,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-07-152013-03-202013-07-102013-02-06
Loan Term (Months)6.0 months12.0 months9.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months-0.1 months
Total Cost of CreditKES 1,300KES 7,200KES 9,244KES 21,600
True Price by Comp       
Interest price component35.9%37.6%37.0%38.1%
Fee Component3.5%2.0%2.5%2.0%
Insurance Component3.6%2.0%2.5%2.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component20.2%19.5%20.0%20.1%
Full APR (int fee ins tax dep)63.2%61.1%62.0%62.2%
Transparency Index35363535
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Livestock Financing samples
Type of Sample
Grace Period (Months)
Full APR (int fee ins tax dep)
True Price by Component
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
PKR 60,000 Generated 2015-06-01 18.0 months N/A PKR 22,496.71 41.6% 37.6% 3.4% 0.0% 0.6% 0.0% 55 - PDF
PKR 76,000 Generated 2015-06-01 24.0 months N/A PKR 37,211.89 39.7% 36.6% 2.7% 0.0% 0.4% 0.0% 58 - PDF
PKR 80,000 Generated 2015-06-01 24.0 months N/A PKR 39,170.41 39.7% 36.6% 2.7% 0.0% 0.4% 0.0% 58 - PDF
PKR 90,000 Generated 2015-06-01 24.0 months N/A PKR 44,066.71 39.7% 36.6% 2.7% 0.0% 0.4% 0.0% 58 - PDF
PKR 100,000 Generated 2015-06-01 24.0 months N/A PKR 62,982.19 48.9% 45.8% 2.7% 0.0% 0.4% 0.0% 47 - PDF
PKR 150,000 Generated 2015-06-01 24.0 months N/A PKR 94,473.29 48.9% 45.8% 2.7% 0.0% 0.4% 0.0% 47 - PDF
PKR 300,000 Generated 2015-06-01 24.0 months N/A PKR 188,946.58 48.9% 45.8% 2.7% 0.0% 0.4% 0.0% 47 - PDF
PKR 400,000 Generated 2015-06-01 24.0 months N/A PKR 251,928.77 48.9% 45.8% 2.7% 0.0% 0.4% 0.0% 47 - PDF
Micro Individual Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeBusinessLoan PurposeJamii BoraInstitutionKE-010-V02-P06ProductKECountry2013YearRange Number2Institution Data Version020,00040,00060,00080,000Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 20010010Number of Borrowers
Click to view Price Analysis Tool
Livestock Financing Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeBusinessLoan PurposeTMFBInstitutionPK-026-V02-P03ProductPKCountry2015YearRange Number2Institution Data Version0100,000200,000300,000400,000Loan Size (all)0%20%40%Full APR (int fee ins tax dep)> 2,9002,2001,40070080Number of Borrowers
Click to view Price Analysis Tool
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
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

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to ∞