2. Fund DeLaMujer
Please note that the information you are viewing is 159 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. K-Finance Ltd
Please note that the information you are viewing is 128 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FUNDACION DELAMUJER CALLE 43 29-13 TEMPO II PARQUE DE LAS PALMAS 7 PISOBucaramanga, Santander68001000
Data approved: 2011-08-01
Data version: 1
Age of data: 159 months

Institution

K-Finance Ltd Head OfficeDar-es-SalaamP.O Box 19111 DSM
Data approved: 2013-03-19
Data version: 2
Age of data: 128 months
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Product

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Product

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Product Summary

Number borrowers199,988
Loan Amount (range)COP 200,000 - 21,959,600
Loan Term (range)2 - 36
Other Services (text summary)Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Capacitación en temas de formación socio empresarial
Annual Interest & Method33.2%-34.0% annual, Decl Bal
Fees4.50%-7.50% upfront 4.61%-7.82% ongoing
Insurance3.00% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component29.8% - 52.9% (Int+Fee)
Insurance Component0.4%
Tax Component Range0
Full APR (int fee ins tax dep)30.2% - 53.3%
Transparency Index (min/max)62 - 110
Transparency Index (average)82

Product Summary

71
TZS 1,000,000 - 30,000,000
1 - 12
Credit Educ, Group Mtgs, Credit Ins
60.00% annual, Flat
2.00% upfront
1.00% upfront
None
N/A
 
88.5% - 95.0%
4.3% - 27.1%
2.2% - 4.7%
0
99.5% - 106.5%
21 - 60
58

Product Details

Key Statistics
Outstanding portfolio (COP)COP 301,334,000,000
Portfolio (USD)USD 165,568,131.90
Active Clients with Loans199,988
Approximate % Female Clients60% - 80%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village bankingx
Self help group
Other
Description
Capital de trabajo y/o compra de activos fijos
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 insurancex
Workplace visitsx
Business trainingx
Other trainingx
OtherCapacitación en temas de formación socio empresarial
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
OtherPara la metodologia Banca Comunal no se requiere ser propietadio de un negocio
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 (TZS)TZS 227,530,525
Portfolio (USD)USD 143,100.96
Active Clients with Loans71
Approximate % Female Clients60% - 80%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This loans is for business owners who have operated their business for not less than six months. The business should be paying taxes and have a license.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loanx
Agriculture
Educationx
Other household financex
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
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
OtherAge limit between 18 to 60
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveDar es Salaam

Loan Conditions

Loan Amount
CurrencyCOP
Minimum loan sizeCOP 200,000
Maximum loan size21,959,600
Loan Term and Grace Period
Shortest loan term2.0 months
Longest loan term36.0 months
Approx average14.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyTZS
Minimum loan sizeTZS 1,000,000
Maximum loan size30,000,000
Distribution at Disbursement (Est.)
Loans less than TZS 350,0000
TZS 350,000-1,250,0005%
TZS 1,250,000-2,000,0005%
TZS 2,000,000-3,000,00020%
TZS 3,000,000-4,000,00030%
Greater than TZS 4,000,00030%
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term12.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months50%
Between 7 and 9 months20%
Between 10 and 12 months30%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage10%
Average grace period3.0 months
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

Pricing Information

Interest
Lowest quoted nominal interest33.16%
Highest quoted nominal interest34.04%
Reason(s) why interest rate variesClient Risk, Collateral, Loan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
Description(ALGUNOS EJEMPLOS) Comisio por la ley Mipyme ;Cobrada de conformidad con el articulo 39 de la Ley 590 de 2000, Resolucion de Abril 26/2007 del Consejo Superior de la Microempresa-publicada en Mayo 4/07, Si el credito aprobado es menor igual a 4 SMMLV hasta 25 SMMLV se cobra el 4.5% anticipada, si es mayor a 4 SMMLV se cobra 7.5% anticipada
% of loan amount - min4.50%
% of loan amount - max7.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
Fee 1
DescriptionComisio por la ley Mipyme
% of loan amount - min4.61%
% of loan amount - max7.82%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationCobrada de conformidad con el articulo 39 de la Ley 590 de 2000, Resolucion de Abril 26/2007 del Consejo Superior de la Microempresa-publicada en Mayo 4/07, Si el credito aprobado es menor igual a 4 SMMLV hasta 25 SMMLV se cobra el 4.5% anticipada, si es mayor a 4 SMMLV se cobra 7.5% anticipada.
Appears on Repayment Sched?Yes
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionSeguro de Vida deudores
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationCobertura de padecimientos no congenitos de los clientes en estos casos habra cobertura del saldo insoluto de la obligacion del cliente, se tienen estipulado el pago de la deuda en caso de fallecimiento el 100% sin exclusiones; por invalidez se reconoce el 100% de la deuda siempre y cuando la enfermedad o accidente no sea pre existente. Invalidez "50% perdida de su capacidad laborar y certificada por un medico"
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
Additional Comments
Este producto corresponde a una àºnica cartera de microcrédito en la cual hay varias lineas comerciales las mas representativas de las cuales estan incluidas.

Pricing Information

Interest
Lowest quoted nominal interest5.00%
Highest quoted nominal interest5.00%
Reason(s) why interest rate variesTime as Client, Loan Size, Client Risk, Collateral
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionApplication Fee
% of loan amount - min2.00%
% of loan amount - max2.00%
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
Ins 1
DescriptionLife Insurance
% 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?Yes
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

Full Pricing Data

Microcrédito samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountCOP 740,000COP 1,540,000COP 1,670,000COP 3,511,700COP 4,500,000COP 16,221,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-01-312011-01-182011-01-272011-01-132011-01-312011-01-31
Loan Term (Months)10.0 months12.0 months12.0 months36.0 months24.0 months30.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component49.7%52.9%29.8%40.4%41.0%34.1%
Insurance Component0.4%0.4%0.4%0.4%0.4%0.4%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)50.1%53.3%30.2%40.8%41.4%34.5%
Transparency Index6662100818096
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF

Full Pricing Data

Business Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountTZS 1,000,000TZS 2,000,000TZS 3,000,000TZS 4,500,000TZS 5,000,000
Loan Cycle (1, 2, 3, etc)12115
Disbursement Date2013-02-152013-03-042013-03-082013-03-042013-01-24
Loan Term (Months)6.0 months12.0 months6.0 months12.0 months6.0 months
Grace Period (Months)-0.1 months0.0 months0.0 months0.0 months0.1 months
Total Cost of CreditTZS 330,000TZS 1,260,000TZS 990,000TZS 2,835,000TZS 1,650,000
True Price by Comp         
Interest price component95.0%93.0%92.3%92.9%93.7%
Fee Component7.6%4.3%7.4%4.4%7.5%
Insurance Component3.9%2.2%3.8%2.2%3.8%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)106.5%99.5%103.5%99.5%105.0%
Transparency Index5660586057
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
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% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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