Banco Oportunidades de Mo?ambique - Credito Individual - MFTransparency.org Truth In Lending Tables

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Institution

Banco Oportunidades de Mo?ambique Av. 24 de Julho, 4136, Bairro MalangaMaputo

Data approved: 2012-01-21

Data version: 1

Age of data: - months

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Product

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Product Details

Key Statistics

Outstanding portfolio (MZN)	MZN 143,877,251
Portfolio (USD)
Active Clients with Loans	9,810
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group	x
Village banking
Self help group
Other

Description

Credito de baixa renda pagavel num prazo maximo de um ano e com valor minimo de 5000.00 para pessoas com pequenos negocios que em condicoes normais nao podem aceder a creditos em bancos comerciais.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings
Credit insurance	x
Workplace visits
Business training
Other training
Other
Other (2)
No other services

Eligibility

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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	MZN
Minimum loan size	MZN 5,000
Maximum loan size	103,093

Loan Term and Grace Period

Shortest loan term	4.0 months
Longest loan term	12.0 months
Approx average	8.0 months

Distribution at Disbursement (Est.)

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

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	5.50%
Highest quoted nominal interest	5.50%
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	N/A
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Taxa Administrativa
% of loan amount - min	1.47%
% of loan amount - max	1.47%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	O cliente paga o seguro do credito que inclui funeral
% of loan amount - min	1.52%
% of loan amount - max	1.52%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	Yes
Percentage of fees	0
All or some fees taxed	N/A

Full Pricing Data

Credito Individual samples

	Sample 1	Sample 2	Sample 3
Loan Amount	MZN 5,115	MZN 9,794	MZN 14,949
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2011-07-14	2011-02-14	2011-04-13
Loan Term (Months)	6.0 months	7.0 months	10.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	70.9%	72.1%	69.6%
Insurance Component	5.9%	5.3%	4.0%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	76.8%	77.5%	73.6%
Transparency Index	86	85	90

Original Repayment Schedule	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF

Credito Individual Price Graphs

Loan Size/

Loan Term/

Custom

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AGFS	200	47,000	2	163
Ahantaman RB	23,800	9,896,000	4	145
APED	13,700	1,876,000	2	145
ASA Initiative	4,400	577,000	4	145
ASA-Ghana	71,600	18,385,000	2	145
ASPI	800	88,000	6	145
Atwima Kwanwoma	3,800	1,788,000	2	145
Baobab	5,100	967,000	2	145
BestFUND	13,000	4,172,000	3	145
Bonzali Rural	10,400	1,691,000	4	163
CashPhase	83	135,000	2	145
CASUD	1,100	524,000	1	145
CEDEF	500	54,000	4	145
CFF	100	13,000	1	145
CRAN	3,600	1,019,000	2	145
DQF	1,700	63,000	2	145
EASL	9,200	11,409,000	6	145
East Mamprusi	12,500	2,268,000	4	145
ELDA	0	0	0	145
EMPRETEC Ghana	200	56,000	2	145
FASL	13,500	14,047,000	8	145
Grameen Ghana	9,500	507,000	3	145
ID-Ghana	5,600	953,000	3	145
Innovative Finance	2,700	354,000	3	145
Kraban Support	7,700	781,000	5	163
KRB	4,000	6,350,000	3	145
Lower Pra RB	34,000	6,316,000	3	163
Maata-N-Tudu	12,000	941,000	4	145
Mail Finance	300	288,000	1	145
Markaz	0	0	0	145
Markaz Al Bishara	100	17,000	1	145
MicrofinPlus Gh	1,100	251,000	2	145
Nwabiagya RB	4,000	2,265,000	3	145
OISL	62,000	27,232,000	9	145
Pro Credit	0	0	0	145
Rich Step	100	101,000	1	145
SAT	147,600	29,359,000	4	145
Sekam Trust	600	137,000	2	145
Simli Pong	8,900	463,000	3	163
SS Ghana	200	35,000	1	145
TCCU	100	32,000	3	145
The Bridge	400	32,000	3	163
Union RB	3,800	2,361,000	4	145

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

	X Axis
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N (# of Samples)
Total Borrrowers of Samples


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By Inst Type


By Country

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