2. FDM
Please note that the information you are viewing is 146 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Fundo de Desenvolvimento da Mulher Estrada Nacional Numero 1 Fidel CastroXai-Xai, Gaza
Data approved: 2013-05-22
Data version: 2
Age of data: 146 months
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Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addressN/A
Year established2004
Head of InstitutionAna Maria da C. Salvador
Regions activeMaputo Capital, Maputo Province, Inhambane, Gaza
# Branches3

Total Portfolio (nat'l)MZN 7,213
Total Portfolio (USD)USD 237.27
Active clients with loans30,483,957
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliationsMIX Market, AMOMIF, AFRACA
FundersFARE-Fundo de Apoio a Rehabilitacao Economica, UNCDF, Caixa Catalunya, BIM

Loan Products » Summary

Agricultura
1,645 Borrowers
USD 247,419.34 Portfolio
Active Product
Geral
3,182 Borrowers
USD 555,674.24 Portfolio
Active Product
Jovem
1,765 Borrowers
USD 65,080.79 Portfolio
Active Product
Consumo
621 Borrowers
USD 134,587.37 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Credito Agricultura MZN 640 - 100,000 2 - 6 80% - 100% 0% - 20% Agriculture Women, Men, Have business, Tem de ser agricultor/avicultor desde min 6 meses Group Mtgs, Tech Asst Visits
Credito Geral MZN 640 - 350,000 2 - 6 80% - 100% 0% - 20% Business, Consumer Women, Have business, Salaried worker, tem de ser empresrio pelo menos 6 meses ou ser salariado Group Mtgs, Credit Ins, Tech Asst Visits
Credito Jovem MZN 3,000 - 20,000 2 - 6 80% - 100% 0% - 20% Any Purpose Women, Men, Specific age group, Idade 18-30 anos Credit Educ, Group Mtgs
Credito ao Consumo MZN 3,000 - 350,000 2 - 18 80% - 100% 0% - 20% Any Purpose Women, Men Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Credito Agricultura 36.0% annual, Flat 1 Fee 1 Ins None 10.00% ongoing 35.4% - 37.5% 39.4% - 42.8% 87
Credito Geral 60.0%-66.0% annual, Flat 1 Fee 1 Ins None 10.00% ongoing 71% - 91% 79.8% - 102.1% 63
Credito Jovem 42.0% annual, Flat 1 Fee 1 Ins None 10.00% ongoing 61.7% - 65.4% 71% - 75.1% 57
Credito ao Consumo 60.0%-66.0% annual, Flat 1 Fee 1 Ins None 10.00% ongoing 72.4% - 78.8% 79.6% - 88.4% 70
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeAgricultureAnyMultipleLoan PurposeFDMInstitutionMZ-009-V02-P01MZ-009-V02-P02MZ-009-V02-P03MZ-009-V02-P04ProductMZCountry2013YearRange Number2Institution Data Version010,00020,00030,00040,00050,00060,000Loan Size (all)0%20%40%60%80%100%Full APR (int fee ins tax dep)> 1,20090060030030Number of Borrowers
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  2. MicrofinPlus Gh
Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

MicrofinPlus Ghana P.o.box ok 166, Kasoa Bawijiase RoadKasoa, Central Region233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 
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Product

M-Hope Product 1 of 1 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 281,000
Portfolio (USD)USD 187,333
Active Clients with Loans975
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity group
Village banking
Self help group
OtherVillage Banking methodology\r
Description
translated as hope for women, groups trained for Five weeks, provide credit basing soladirity quarantee\r
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loanx
Agriculture
Education
Other household finance
Othershould be engaged in an income generating activit
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
OtherFinancial Literacy Training , Malaria prevention
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMain focus is on women but men are acceptable upto 20% of the total group number
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 50
Maximum loan size2,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term6.0 months
Approx average4.0 months
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage100%
Average grace period0.5 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest45.00%
Highest quoted nominal interest45.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionCommittement Fee (3% per annum)Group fee (3% per annum)
% of loan amount - min1.00%1.00%
% of loan amount - max1.00%1.00%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variation
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fees
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
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?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited15.00% - NA
or, Fixed-amount deposited0 - NA
Deposits DURING period payments
% loan amount deposited0 - NA
or, Fixed-amount deposited0 - NA
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid4.00%
Maximum interest rate paid4.00%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?
Additional Comments
Interest is paid quarterly (4% p.a.)\r

Full Pricing Data

M-Hope samples
Sample 1Sample 2Sample 3
Loan Amount3008001,500
Loan Cycle (1, 2, 3, etc)666
Disbursement Date2012-11-082012-11-082012-12-18
Loan Term (Months)4.9 months4.9 months4.9 months
Grace Period (Months)2.0 months2.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component67.5%67.5%68.0%
Insurance Component4.2%4.2%4.2%
Tax Component0.0%0.0%0.0%
Deposit Component15.2%15.2%15.5%
Full APR (int fee ins tax dep)86.9%86.9%87.7%
Transparency Index525251
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
M-Hope Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.Institution TypeLoan PurposeInstitutionProductCountryYearRange NumberInstitution Data VersionLoan Size (all)Full APR (int fee ins tax dep)> NaNNaNNaNNaNNaNNumber of Borrowers
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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
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