Outstanding portfolio (KHR) | KHR 60,162,783,654 |
Portfolio (USD) | USD 15,040,695.91 |
Active Clients with Loans | 32,809 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Agricultural Production |
Other (2) |
Credit education | x |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | |
Women | |
Must run a business | |
Must own a home or land | x |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | KHR |
Minimum loan size | KHR 300,000 |
Maximum loan size | 40,000,000 |
Shortest loan term | 4.0 months |
Longest loan term | 26.0 months |
Approx average | 14.0 months |
Loans 3 months or less | N/A |
Between 4 and 6 months | N/A |
Between 7 and 9 months | N/A |
Between 10 and 12 months | N/A |
Between 13 and 18 months | N/A |
Longer than 18 months | N/A |
Grace period usage | 0 |
Average grace period | 0 |
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 |
Lowest quoted nominal interest | 2.10% |
Highest quoted nominal interest | 2.90% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | N/A |
Is rate fixed for entire loan term | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | KHR 600,000 | KHR 1,100,000 | KHR 2,200,000 | KHR 4,500,000 | KHR 6,500,000 | KHR 9,000,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2013-01-18 | 2013-01-03 | 2013-01-10 | 2012-08-07 | 2013-03-06 | 2013-03-14 | |||||
Loan Term (Months) | 12.0 months | 10.0 months | 10.0 months | 16.0 months | 16.0 months | 12.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||||
Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
True Price by Comp | |||||||||||
Interest and Fee Component | 35.3% | 35.3% | 35.3% | 32.9% | 28.0% | 28.0% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 35.3% | 35.3% | 35.3% | 32.9% | 28.0% | 28.0% | |||||
Transparency Index | 71 | 71 | 71 | 77 | 90 | 90 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 1997 |
Head of Institution | Patrick Gathondu |
Regions active | 0 |
# Branches | 5 |
Total Portfolio (nat'l) | KES 217,413,552 |
Total Portfolio (USD) | USD 2,625,767.54 |
Active clients with loans | 11,645 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 40% - 60% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Hitimu Loan | KES 15,000 - 30,000 | 6 - 12 | 40% - 60% | 40% - 60% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
Imarika Loan | KES 50,000 - 2,000,000 | 3 - 18 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
Mama Plus Loan | KES 10,000 - 100,000 | 6 - 12 | 80% - 100% | 40% - 60% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
Mifugo Loan | KES 50,000 - 80,000 | 9 - 12 | 40% - 60% | 40% - 60% | Business, Agricultural loan | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
Msingi Loan | KES 20,000 - 1,000,000 | 3 - 18 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
Upesi Loan | KES 10,000 - 20,000 | 3 - 6 | 40% - 60% | 40% - 60% | Business, Other | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Hitimu Loan | 17.0% annual, Flat | 1 Fee | 1 Ins | None | 25.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
Imarika Loan | 17.0% annual, Flat | 1 Fee | 1 Ins | None | 4,000.00 upfront 200.00 ongoing | 0% | 0% | N/A | ||||||||
Mama Plus Loan | 8.0% annual, Flat | 1 Fee | 1 Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
Mifugo Loan | 17.0% annual, Flat | 1 Fee | 1 Ins | None | 25.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
Msingi Loan | 17.0% annual, Flat | 0 Fees | 0 Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
Upesi Loan | 24.0% annual, Flat | 1 Fee | 0 Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
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