2. UCU
Please note that the information you are viewing is 148 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. BancoSol
Please note that the information you are viewing is 135 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Union of Savings and Credit Cooperatives (UCU) NyarugengeNyamiramboKigaliPO Box 2998
Data approved: 2012-10-29
Data version: 2
Age of data: 148 months
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Institution

BancoSol S.A. Calle Nicolás Acosta No. 289 esq. Cañada Strongest, MurilloLa Paz, Bolivia13176
Data approved: 2013-09-05
Data version: 2
Age of data: 135 months
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Product

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Product

Sol Vehiculo (Tasa Variable, BOB) Product 19 of 30 « Prev | Next »

Product Summary

Number borrowers521
Loan Amount (range)RWF 50,000 - 1,999,999
Loan Term (range)4 - 12
Other Services (text summary)Credit Educ, Credit Ins, Tech Asst Visits, Business Training
Annual Interest & Method22.80% annual, Decl Bal
FeesNone
InsuranceNone
Tax18.00% fees
Comp Dep10.00%-15.00% upfront
Range of pricing 
Interest Price Component21.3% - 93.8%
Fee Component0 - 2.7%
Insurance Component0 - 0.6%
Tax Component Range0 - 0.6%
Full APR (int fee ins tax dep)50.2% - 55.7%
Transparency Index (min/max)0
Transparency Index (average)44

Product Summary

76
BOB 48,000 - 400,000
37 - 60
Credit Ins
8.0%-10.0% annual, Decl Bal
None
None
None
N/A
 
7.8% - 28.0%
0
0
0
8.0% - 9.9%
52 - 101
87

Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 219,000,000
Portfolio (USD)USD 365,000
Active Clients with Loans521
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity groupx
Village bankingx
Self help group
Other
Description
These are small loans to finance either businesses, agriculture, livestock, etc.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visitsx
Business trainingx
Other training
Other
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
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution10
# Regions for this product10
Regions ActiveGakenke, Gasabo, Kicukiro, Musanze, Ngororero, Nyabihu, Nyamagabe, Nyanza, Nyarugenge, Ruhango

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 7,894,787.96
Portfolio (USD)USD 1,169,598.22
Active Clients with Loans76
Approximate % Female Clients20% - 40%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Crédito diseñado para financiar la compra de vehículos nuevos o usados para uso privado (personal).
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherActivo Fijo
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution9
# Regions for this product9
Regions ActiveBeni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan sizeRWF 50,000
Maximum loan size1,999,999
Distribution at Disbursement (Est.)
Loans less than RWF 500,00030%
RWF 500,000-1,500,00030%
RWF 1,500,000-2,500,00040%
RWF 2,500,000-3,500,0000
RWF 3,500,000-4,500,0000
Greater than RWF 4,500,0000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term12.0 months
Approx average8.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months20%
Between 7 and 9 months20%
Between 10 and 12 months60%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyBOB
Minimum loan sizeBOB 48,000
Maximum loan size400,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,0000
BOB 10,000-40,0000
BOB 40,000-70,00015%
BOB 70,000-100,00040%
BOB 100,000-125,00020%
Greater than BOB 125,00020%
Loan Term and Grace Period
Shortest loan term37.0 months
Longest loan term60.0 months
Approx average60.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months100%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 monthsx
Quarterlyx
Every 6 monthsx
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest22.80%
Highest quoted nominal interest22.80%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - 15.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositFinal Pmt
Interest Paid on Deposit
Minimum interest rate paid6.00%
Maximum interest rate paid10.00%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?Yes
Percentage of fees18%
All or some fees taxed
Additional Comments
1st cycle compulsory deposit is 15%, remaining cycles is 10%. APR calculations have used insurance rates applicable to a 30 year old client

Pricing Information

Interest
Lowest quoted nominal interest8.00%
Highest quoted nominal interest10.00%
Reason(s) why interest rate variesLoan Size, Collateral, Plazo
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termNo
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Microloan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountRWF 100,000RWF 250,000RWF 500,000RWF 1,000,000RWF 1,900,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2012-09-252012-09-252012-09-252012-09-252012-09-25
Loan Term (Months)12.0 months12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)1.0 month1.0 month1.0 month1.0 month0.0 months
Total Cost of CreditRWF 24,337.50RWF 60,843.85RWF 121,687.70RWF 243,375.40RWF 462,413.26
True Price by Comp         
Interest price component39.2%39.2%39.1%39.1%39.2%
Fee Component2.0%2.0%2.0%2.0%2.0%
Insurance Component0.6%0.6%0.6%0.6%0.6%
Tax Component0.5%0.5%0.5%0.5%0.5%
Deposit Component13.5%8.2%8.1%8.1%8.2%
Full APR (int fee ins tax dep)55.7%50.4%50.2%50.2%50.4%
Transparency Index00000
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Sol Vehiculo (Tasa Variable, BOB) samples
Sample 1Sample 2Sample 3
Loan AmountBOB 92,462.21BOB 100,000BOB 120,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-06-012014-04-072014-04-07
Loan Term (Months)60.0 months24.0 months49.0 months
Grace Period (Months)0.3 months0.0 months0.0 months
Total Cost of CreditBOB 24,415.93BOB 8,333.33BOB 24,500
True Price by Comp     
Interest price component9.6%8.0%9.9%
Fee Component0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)9.6%8.0%9.9%
Transparency Index8310080
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Microloan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.CoopInstitution TypeAnyLoan PurposeUCUInstitutionRW-011-V02-P05ProductRWCountry2012YearRange Number2Institution Data Version0500,0001,000,0001,500,0002,000,000Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 20010010Number of Borrowers
Click to view Price Analysis Tool
Sol Vehiculo (Tasa Variable, BOB) Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeOtherLoan PurposeBancoSolInstitutionBO-005-V02-P19ProductBOCountry2013YearRange Number2Institution Data Version020,00040,00060,00080,000100,000120,000Loan Size (all)0%2%4%6%8%10%Full APR (int fee ins tax dep)> 840Number of Borrowers
Click to view Price Analysis Tool
Caps / Zoom options
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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