Institution

Fundación Boliviana Para el Desarrollo Calle Antezana No 216 entre Colombia, CercadoCochabamba, Bolivia
Data approved: 2013-08-20
Data version: 2
Age of data: 70 months

Institution

Silver Upholders Ltd KogomaMaganjo off Bombo RoadKampala, CentralPO Box 10454
Data approved: 2012-07-06
Data version: 2
Age of data: 84 months
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Product

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Product

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Product Summary

Number borrowers291
Loan Amount (range)USD 700 - 5,000
Loan Term (range)8 - 24
Other Services (text summary)Credit Educ, Credit Ins
Annual Interest & Method20.0%-33.6% annual, Decl Bal
FeesNone
Insurance0.32%-0.96% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component19.8% - 36.7%
Fee Component0 - 1.5%
Insurance Component0 - 0.5%
Tax Component Range0
Full APR (int fee ins tax dep)22.6% - 24.5%
Transparency Index (min/max)52 - 94
Transparency Index (average)84

Product Summary

400
UGX 100,000 - 800,000
5
Group Mtgs, Business Training
48.00% annual, Flat
1.00% upfront
None
None
5.00% upfront
 
85.1% - 126.1%
2.7% - 7.5%
0
0
107.8% - 111.1%
36 - 48
44

Product Details

Key Statistics
Outstanding portfolio (USD)USD 79,444.99
Portfolio (USD)USD 79,444.99
Active Clients with Loans291
Approximate % Female Clients40% - 60%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Modalidad de crédito direccionado a microempresarios que por limitaciones en la provision de garantias convencionales acceden a este servicio
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
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 worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution6
# Regions for this product5
Regions ActiveCochabamba , Oruro , Potosí, Santa Cruz, Tarija

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 80,550,750
Portfolio (USD)USD 32,220
Active Clients with Loans400
Approximate % Female Clients80% - 100%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity group
Village bankingx
Self help group
Other
Description
It is a group loan product that allows clients to only leave 5% of loaned amount as security for the loan. It is advantageous because the client leaves office with more money .
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Men
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 institution1
# Regions for this product1
Regions ActiveCentral

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 700
Maximum loan size5,000
Distribution at Disbursement (Est.)
Loans less than USD 1,50050%
USD 1,500-5,00050%
USD 5,000-10,0000
USD 10,000-15,0000
USD 15,000-18,0000
Greater than USD 18,0000
Loan Term and Grace Period
Shortest loan term8.0 months
Longest loan term24.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months70%
Between 10 and 12 months20%
Between 13 and 18 months5%
Longer than 18 months5%
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
CurrencyUGX
Minimum loan sizeUGX 100,000
Maximum loan size800,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,000100%
UGX 1,000,000-5,000,0000
UGX 5,000,000-7,500,0000
UGX 7,500,000-10,000,0000
UGX 10,000,000-13,000,0000
Greater than UGX 13,000,0000
Loan Term and Grace Period
Shortest loan term5.0 months
Longest loan term5.0 months
Approx average5.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months100%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
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 interest20.00%
Highest quoted nominal interest33.60%
Reason(s) why interest rate variesTime as Client, Loan Size, Client Risk, Collateral
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
Ins 1
DescriptionEl Cliente Seguro de Vida
% of loan amount - min0.32%
% of loan amount - max0.96%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationLa comisión es 0.04% mensual cargado sólo al saldo del préstamo pendiente.
Appears on Repayment Sched?Yes
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 interest4.00%
Highest quoted nominal interest4.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionLoan Appraisal 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 deposited5.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
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?No

Full Pricing Data

Microcrédito Grupo Solidario samples
Sample 1Sample 2Sample 3
Loan AmountUSD 1,000USD 3,000USD 5,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2014-02-262013-12-122013-12-12
Loan Term (Months)9.0 months9.0 months18.0 months
Grace Period (Months)0.0 months0.1 months0.1 months
Total Cost of CreditUSD 104.90USD 314.98USD 936.61
True Price by Comp     
Interest price component24.1%24.1%22.1%
Fee Component0.0%0.0%0.0%
Insurance Component0.4%0.4%0.5%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)24.5%24.5%22.6%
Transparency Index828189
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Security Scheme 1 samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountUGX 300,000UGX 250,000UGX 700,000UGX 800,000
Loan Cycle (1, 2, 3, etc)1134
Disbursement Date2012-02-292012-04-112012-01-232012-02-23
Loan Term (Months)4.7 months4.7 months4.6 months4.6 months
Grace Period (Months)0.2 months0.2 months0.2 months0.2 months
Total Cost of CreditUGX 63,000UGX 52,500UGX 147,000UGX 168,000
True Price by Comp       
Interest price component93.3%93.3%96.1%94.7%
Fee Component5.3%5.3%5.5%5.4%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component9.2%9.2%9.5%9.3%
Full APR (int fee ins tax dep)107.8%107.8%111.1%109.4%
Transparency Index45454344
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Microcrédito Grupo Solidario Price Graphs


Security Scheme 1 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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