2. Eclof Zambia
Please note that the information you are viewing is 167 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. KDCI
Please note that the information you are viewing is 162 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Eclof International Zambia 7th Floor Kulima Tower BuildingKatunjila RoadLusaka10101
Data approved: 2011-12-12
Data version: 1
Age of data: 167 months

Institution

Kasagana-Ka Development Center, Inc. 5 Don Francisco Street., Don Enrique HeightsCommonwealth Ave., Bgy. Holy SpiritQuezon City, NCR1127
Data approved: 2011-11-15
Data version: 1
Age of data: 162 months

Product

Salary Guaranteed Loan Product 2 of 4 « Prev | Next »

Product

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Product Summary

Number borrowers28
Loan Amount (range)ZMK 1,500,000 - 10,000,000
Loan Term (range)1 - 12
Other Services (text summary)Group Mtgs, Other Training
Annual Interest & Method96.0% annual, Flat
Fees5.00% upfront
Insurance1.50% upfront
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component170.9% - 177.7% (Int+Fee)
Insurance Component4.8% - 23.6%
Tax Component Range0
Full APR (int fee ins tax dep)176.0% - 187.3%
Transparency Index (min/max)15 - 55
Transparency Index (average)53

Product Summary

2,039
PHP 3,000 - 15,000
3 - 6
Group Mtgs
30.0% annual, Flat
None
None
None
N/A
 
N/A
57.2% - 58.3% (Int+Fee)
0 - 48.8%
0
57.2% - 58.3%
19 - 52
51

Product Details

Key Statistics
Outstanding portfolio (ZMK)ZMK 103,000,000
Portfolio (USD)USD 19,903.38
Active Clients with Loans28
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help groupx
Other
Description
This type of loan is designed for clients in formal employment for not less than 3 months. The advantage of this product is that a clients can obtain any amount up to K10,000,000 depending on their net pay.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visits
Business training
Other trainingx
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
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 institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 3,967,152
Portfolio (USD)USD 94,907.94
Active Clients with Loans2,039
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
OtherBorrower needs 2 co-makers as guarantors
Description
This product aims to help a member cover his/her child's or relative's education-related expenses, such as tuition fee and school supplies
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Educationx
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or landx
Must be a salaried worker
Must be specific age group
OtherHas an existing K-Negosyo loan
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
CurrencyZMK
Minimum loan sizeZMK 1,500,000
Maximum loan size10,000,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term12.0 months
Approx average6.0 months
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
CurrencyPHP
Minimum loan sizePHP 3,000
Maximum loan size15,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term6.0 months
Approx average3.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
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 interest8.00%
Highest quoted nominal interest8.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min5.00%
% of loan amount - max5.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit life
% of loan amount - min1.50%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
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

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest2.50%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
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 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
Additional Comments
Scholarships provided to deserving children of members.

Full Pricing Data

Salary Guaranteed Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountZMK 1,500,000ZMK 2,500,000ZMK 3,500,000ZMK 5,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-02-012011-02-012011-03-232011-04-29
Loan Term (Months)10.0 months10.0 months4.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component170.9%170.9%177.7%174.8%
Insurance Component5.1%5.1%9.6%7.2%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)176.0%176.0%187.3%182.0%
Transparency Index55555153
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

K-Edukasyon samples
Sample 1Sample 2Sample 3
Loan AmountPHP 3,000PHP 5,000PHP 15,000
Loan Cycle (1, 2, 3, etc)349
Disbursement Date2011-03-172011-03-242011-03-17
Loan Term (Months)3.5 months5.8 months3.5 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component57.2%58.3%57.2%
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)57.2%58.3%57.2%
Transparency Index525152
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Salary Guaranteed Loan 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
Click to view Price Analysis Tool
K-Edukasyon Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeEducationLoan PurposeKDCIInstitutionPH-025-V01-P01ProductPHCountry2011YearRange Number1Institution Data Version05,00010,00015,000Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 1,00070050020020Number 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.
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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