Outstanding portfolio (MZN) | MZN 5,117,794 |
Portfolio (USD) | USD 168,348.49 |
Active Clients with Loans | 89 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 40% - 60% |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | x |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
Currency | MZN |
Minimum loan size | MZN 10,000 |
Maximum loan size | 300,000 |
Loans less than MZN 5,000 | 0 |
MZN 5,000-10,000 | 0 |
MZN 10,000-20,000 | 20% |
MZN 20,000-40,000 | 20% |
MZN 40,000-60,000 | 5% |
Greater than MZN 60,000 | 5% |
Shortest loan term | 2.0 months |
Longest loan term | 2.0 months |
Approx average | 2.0 months |
Loans 3 months or less | 100% |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | x |
Irregular payments |
Lowest quoted nominal interest | 2.00% |
Highest quoted nominal interest | 2.00% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
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 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | MZN 13,785 | MZN 29,200 | MZN 49,760 | MZN 41,830 | MZN 83,660 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2013-03-20 | 2013-02-19 | 2013-04-02 | 2013-04-22 | 2013-03-27 | ||||
Loan Term (Months) | 1.6 months | 1.6 months | 1.8 months | 1.7 months | 1.2 months | ||||
Grace Period (Months) | -0.4 months | -0.4 months | -0.2 months | -0.3 months | -0.8 months | ||||
Total Cost of Credit | MZN 551.40 | MZN 1,168 | MZN 1,990.40 | MZN 1,673.20 | MZN 3,346.40 | ||||
True Price by Comp | |||||||||
Interest price component | 30.5% | 29.8% | 26.0% | 28.1% | 39.8% | ||||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Full APR (int fee ins tax dep) | 30.5% | 29.8% | 26.0% | 28.1% | 39.8% | ||||
Transparency Index | 79 | 80 | 92 | 85 | 60 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
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 |
---|---|---|---|---|---|---|---|