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Institution
Data approved: 2011-12-12
Data version: 1
Age of data: 168 months
Description
Loan term is from 3 to 24 months. Minimum amount is K2,000,000 and maximum is K250,000,000. Client has collateral for the borrowing.
Any purpose Income generation x Mortgage/housing Consumer loan Agriculture Education Other household finance Other Other (2)
Credit education x Group meetings Credit insurance Workplace visits x Business training x Other training Other Other (2) No other services
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)
Portfolio Size by Product
Geographic Coverage
# Regions for this institution N/A # Regions for this product N/A Regions Active
Loan Conditions
Currency ZMK Minimum loan size ZMK 2,000,000 Maximum loan size 250,000,000
Shortest loan term 3.0 months Longest loan term 24.0 months Approx average 12.0 months
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 5.00% Highest quoted nominal interest 6.50% Interest rate period Monthly Interest Rate Calculation Method Flat Subsidized by funder request? No Is rate fixed for entire loan term Yes
Upfront Fees Fee 1 Fee 2 Description Processing fees/Admin fee Ntula % of loan amount - min 3.80% 0.90% % of loan amount - max 3.80% 3.00% OR, Fixed amount - min 0 0 Fixed amount - max 0 0 Reason for variation N/A N/A Appears on Repayment Sched? No No
Ongoing Fees This product has no ongoing fees Upfront Insurance Fees Ins 1 Description Credit Life Insurance % of loan amount - min 0.44% % of loan amount - max 1.90% 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
Required for All Criteria N/A Is deposit indicated on the repayment schedule? No Do borrowers control deposit in their group? No
Deposit BEFORE or AT Disbursement
% loan amount deposited 10.00% or, Fixed-amount deposited 0
Deposits DURING period payments
% loan amount deposited 0 or, Fixed-amount deposited 0 Conditions on access to deposit
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
Additional Comments
Loan Security Fee ranges from 1% to 2%. Ntula has been calculated at 2.41%
0 100 Pricing Transparency Index Regulated Inst. Not Regulated Inst. Bank Institution Type Business Loan Purpose CETZAM Institution ZM-005-V01-P02 Product ZM Country 2011 Year Range Number 1 Institution Data Version 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 Loan Size (all) 0% 50% 100% 150% Full APR (int fee ins tax dep) > 300 100 20 Number of Borrowers* * Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
