Caixa Comunitaria de Microfinancas - Credito Individual CCOM - MFTransparency.org Truth In Lending Tables

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Institution

Caixa Comunitaria de Microfinancas Av. Das FPLM,832ICB e Loja de PeasMaputo

Data approved: 2013-05-09

Data version: 2

Age of data: 146 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (MZN)	MZN 21,897,331.13
Portfolio (USD)	USD 720,306.95
Active Clients with Loans	1,080
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	60% - 80%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Credito para o comercio para clientes existentes com actividade Comercial

Loan Purpose

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

Included Services

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

Eligibility

Men	x
Women	x
Must run a business	x
Must own a home or land	x
Must be a salaried worker	x
Must be specific age group
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	4
# Regions for this product	4
Regions Active	Maputo Capital, Maputo Province, Gaza, Cabo Delgado

Loan Conditions

Loan Amount

Currency	MZN
Minimum loan size	MZN 10,000
Maximum loan size	100,000

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	12.0 months
Approx average	8.0 months

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	4.50%
Highest quoted nominal interest	4.50%
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Cobertura de despesas administrativas
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Relativo a cobertura em caso de falecimento
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	No
Do borrowers control deposit in their group?	Yes

Deposit BEFORE or AT Disbursement

% loan amount deposited	30.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Credito Individual CCOM samples

	Sample 1	Sample 2	Sample 3	Sample 5
Loan Amount	MZN 15,000	MZN 30,000	MZN 40,000	MZN 70,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2013-04-30	2013-05-28	2013-04-23	2013-04-02
Loan Term (Months)	6.0 months	10.0 months	12.0 months	12.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	MZN 2,662.50	MZN 8,025	MZN 12,500	MZN 21,875
True Price by Comp
Interest price component	51.0%	49.5%	49.0%	49.1%
Fee Component	3.6%	2.3%	2.0%	2.0%
Insurance Component	3.6%	2.3%	2.1%	2.1%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	49.8%	45.4%	43.7%	43.8%
Full APR (int fee ins tax dep)	108.0%	99.5%	96.8%	97.0%
Transparency Index	50	54	56	56

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

Credito Individual CCOM Price Graphs

Loan Size/

Loan Term/

Custom

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Adhikar	35,300	2,674,000	1	144
AMPL	0	0	0	144
Arman	41,500	529,107,000	1	144
Arohan	43,500	8,091,000	2	144
ASA INDIA	164,000	15,380,000	1	144
Asirvad	113,500	19,328,000	1	144
Asmitha	1,114,800	217,867,000	1	144
Bandhan	4,048,600	674,564,000	5	144
Belstar	123,000	23,945,000	2	123
BSFL	275,200	31,590,000	3	144
Chaitanya	20,700	3,748,000	3	144
Disha Microfin	69,000	14,332,000	2	144
Equitas	1,220,000	186,415,000	4	144
ESAF	354,200	43,500,000	5	144
FFSL	150,600	35,719,000	2	144
Fusion	66,800	9,820,000	2	144
Grama Vidiyal	738,200	102,101,000	1	144
Grameen Koota	586,600	83,555,000	15	146
Janalakshmi	506,000	119,077,000	2	144
L & T Finance	399,800	37,199,000	1	144
MFL	331,800	49,083,000	1	144
MMFL	175,000	23,752,000	2	144
Mpower	13,600	2,263,000	2	144
Sahayata	0	0	0	144
Saija	24,700	4,682,000	2	144
Samasta	45,500	4,809,000	2	144
Satin	405,600	90,174,000	2	144
SCCI	115,600	15,910,000	2	144
Share	2,195,400	376,727,000	1	144
SKS	3,409,000	355,029,000	2	144
SMILE	360,200	56,927,000	1	144
SNFL	9,400	1,779,000	1	144
Sonata Finance	158,200	22,724,000	3	146
Spandana	533,400	147,240,000	2	144
Suryoday	78,600	14,713,000	3	144
SVCL	118,200	18,886,000	1	144
Swadhaar	92,800	17,166,000	3	144
Trident	68,700	8,852,000	1	144
Ujjivan	913,300	160,848,000	5	144
Utkarsh	168,600	25,915,000	3	144
VFS	175,400	19,264,000	2	144
Asomi	50,300	4,743,000	2	177
AES India	3,600	286,000	1	177
Arth	2,900	611,000	2	177
Asomi	50,300	4,743,000	2	177
Barasat GS	1,100	99,508.02	1	177
BJS	6,000	468,000	1	177
Cashpor	417,000	50,452,000	1	176
Credible	10,000	1,669,540.36	2	177
DIBAKAR	1,800	145,000	1	176
GOF	65,200	5,388,000	4	176
Hope	62,600	4,407,000	1	174
Jaago	2,700	237,000	1	175
LOK	4,900	573,000	1	176
Nano	25,600	3,660,000	2	177
NBSAAVS	28,100	2,821,000	1	174
Nirantara	8,200	917,000	2	176
Parama	7,100	482,000	1	176
Pragathi	26,200	4,579,000	6	176
PWMACS	36,500	5,946,000	1	176
Saadhana	90,900	12,046,000	2	176
Sambhav	1,500	183,000	3	176
Seba Rahara	6,700	468,000	1	176
SU	61,100	5,498,000	1	176
Swayanshree	7,900	918,000	2	176
Vikas Samiti	1,600	168,000	1	176
Vistaar	4,300	1,157,000	2	174
We The People	1,100	244,000	2	176
WEMCS	1,100	85,000	1	176
Yukti	1,100	99,000	2	176

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
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

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