| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.opportunity.org/ |
| Year established | 2006 |
| Head of Institution | John Giles |
| Regions active | 0 |
| # Branches | 12 |
| Total Portfolio (nat'l) | KES 224,000,000 |
| Total Portfolio (USD) | USD 2,705,314.01 |
| Active clients with loans | 6,758 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Msingi Loan | KES 10,000 - 500,000 | 6 - 18 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business, In business for a minium of 12 months | Credit Educ, Group Mtgs, Credit Ins, Fire/burglary insurance | |||||||
| Nguzo Loan | KES 50,000 - 500,000 | 6 - 18 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business, In business for a minimum of 24 months | Credit Educ, Group Mtgs, Credit Ins, Insurance Fire/Burglary | |||||||
| Somesha (Education) Loan | KES 5,000 - 50,000 | 3 - 12 | 80% - 100% | 80% - 100% | Education | Women, Men, Have business, Must bring school records | Credit Educ, Group Mtgs, Credit Ins, Insurance Fire/Burglary |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Msingi Loan | 16.0%-22.0% annual, Flat | 0 Fees | 1 Ins | None | 20.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Nguzo Loan | 16.0%-22.0% annual, Flat | 0 Fees | 1 Ins | None | 25.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Somesha (Education) Loan | 16.0% annual, Flat | 1 Fee | 1 Ins | None | 15.0% upfront 50.00 ongoing | 0% | 0% | N/A |
| Outstanding portfolio (PKR) | PKR 630,834 |
| Portfolio (USD) | USD 6,194.79 |
| Active Clients with Loans | 36 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 80% - 100% |
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | x |
| Other household finance | |
| Other | |
| Other (2) |
| 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) |
| 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 |
|---|---|---|---|---|---|---|---|
