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Institution

Fondo Financiero Privado Fassil S.A. Av. Cristo Redentor esq. Calle Gustavo ParadaSanta Cruz de la Sierra, Santa Cruz
Data approved: 2010-10-28
Data version: 1
Age of data: -   months 

Institution

Duterimbere - IMF Head OfficeKigaliPO Box 6719
Data approved: 2012-09-27
Data version: 2
Age of data: 138 months

Product

Credifassil Microempresas (USD) Product 2 of 8 « Prev | Next »

Product

Agriculture Loan Product 1 of 3 « Prev | Next »

Product Summary

Number borrowers1,262
Loan Amount (range)USD 600 - 29,700
Loan Term (range)3 - 72
Other Services (text summary)Credit Ins, Ahorro
Annual Interest & Method14.0%-28.0% annual, Decl Bal
Fees1.00%-1.50% upfront 9.00% ongoing
InsuranceNone
Tax15.00% Principal
Comp DepN/A
Range of pricing 
Interest Price Component
Fee Component
Insurance Component
Tax Component Range
Full APR (int fee ins tax dep)0
Transparency Index (min/max)
Transparency Index (average)N/A

Product Summary

2,500
RWF 100,000 - 2,500,000
12
Credit Educ, Tech Asst Visits, Business Training
24.00% annual, Flat
1.00% upfront
None
18.00% fees
20.00% upfront
 
26.1% - 45.7%
1.1% - 4.1%
0 - 0.4%
0.3% - 0.8%
52.0% - 52.3%
28 - 54
46

Product Details

Key Statistics
Outstanding portfolio (USD)USD 5,253,876
Portfolio (USD)USD 5,253,876
Active Clients with Loans1,262
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Financiamiento para capital de trabajo e inversión a clientes del Segmento Microempresas
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
OtherAhorro
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
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 institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 220,979,541
Portfolio (USD)USD 345,280.53
Active Clients with Loans2,500
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Ce type de credit est destine aux clients n'ayant pas des garanties materiel. il finance l'agri elevage.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
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 institution18
# Regions for this product21
Regions ActiveBurera, Gakenke, Gasabo, Gatsibo, Gisagara, Huye, KamonyiKayonza, Kicukiro, Kirehe, Muhanga, Musanze, Ngororero, Nyabihu, Nyagatare, Nyanza, Nyarugenge, Rubavu, Ruhango, Rulindo, Rusizi

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 600
Maximum loan size29,700
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term72.0 months
Approx average40.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan sizeRWF 100,000
Maximum loan size2,500,000
Distribution at Disbursement (Est.)
Loans less than RWF 500,00060%
RWF 500,000-1,500,00030%
RWF 1,500,000-2,500,00010%
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 term12.0 months
Longest loan term12.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period6.0 months
Repayment Frequency
Daily
Weekly
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 interest14.00%
Highest quoted nominal interest28.00%
Reason(s) why interest rate variesLoan Size, Client Risk, Collateral
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
Is rate fixed for entire loan termNo
Upfront Fees
Fee 1
DescriptionAlta de Linea de Credito
% of loan amount - min1.00%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min9.00%
% of loan amount - max9.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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?Yes
Percentage of fees0
All or some fees taxedN/A
Additional Comments
El impuesto aplicado como Porcentaje del pago de capital del préstamo y de los intereses es el Impuesto a las Transacciones Financieras de acuerdo a las Leyes Bolivianas, que debe retenerse àºnicamente cuando el pago sea realizado en efectivo. Si se realiza con débito en cuenta cuando ésta tenga un saldo menor a USD 2 mil, la transacción no está gravada por el impuesto.

Pricing Information

Interest
Lowest quoted nominal interest2.00%
Highest quoted nominal interest2.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCommission Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
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?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited10.00%
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees18%
All or some fees taxedSome

Full Pricing Data

Credifassil Microempresas (USD) samples
No sample data for this product

Full Pricing Data

Agriculture Loan samples
Sample 1Sample 2Sample 3
Loan AmountRWF 100,000RWF 200,000RWF 300,000
Loan Cycle (1, 2, 3, etc)135
Disbursement Date2011-11-182012-03-082012-03-08
Loan Term (Months)9.0 months9.0 months9.0 months
Grace Period (Months)3.1 months3.1 months3.1 months
Total Cost of CreditRWF 19,180RWF 38,360RWF 57,540
True Price by Comp     
Interest price component33.6%33.4%33.4%
Fee Component2.0%2.0%2.0%
Insurance Component0.0%0.0%0.0%
Tax Component0.4%0.4%0.4%
Deposit Component16.3%16.2%16.2%
Full APR (int fee ins tax dep)52.3%52.0%52.0%
Transparency Index464646
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Credifassil Microempresas (USD) Price Graphs
No sample data for this product
Agriculture Loan Price Graphs


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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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