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Institution

FUNDACION DE AYUDA MICROEMPRESARIAL Av. 12 de Octubre N 18-42 y Queseras del MedioQuito, Pichincha
Data approved: 2010-11-08
Data version: 1
Age of data: 163 months

Product

CREDITO INDIVIDUAL Product 2 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 1,122,574
Portfolio (USD)USD 1,122,574
Active Clients with Loans860
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Crédito para personas con negocio y 8 meses en el mercado. Se requiere un garante y copias de los documentos legales básicos. Debe ser visitado por un asesor u oficial de crédito en el negocio y el hogar.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherCapital de Trabajo
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 600
Maximum loan size3,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx average7.5 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
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 interest13.00%
Highest quoted nominal interest29.10%
Reason(s) why interest rate variesLoan Size, Client Risk
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
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 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

CREDITO INDIVIDUAL samples
Sample 1Sample 2
Loan AmountUSD 1,030USD 1,545
Loan Cycle (1, 2, 3, etc)Not KnownNot Known
Disbursement Date2010-07-142010-05-13
Loan Term (Months)10.0 months9.0 months
Grace Period (Months)0.0 months0.0 months
Total Cost of CreditNot KnownNot Known
True Price by Comp   
Interest and Fee Component29.5%29.5%
Insurance Component7.2%7.9%
Tax Component0.0%0.0%
Deposit Component0.0%0.0%
Full APR (int fee ins tax dep)36.7%37.4%
Transparency Index3535
    
Original Repayment SchedulePDFPDF
MFT Pricing CalculationPDFPDF
CREDITO INDIVIDUAL Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
APAS320128,0002156
BRAC-UGA139,20028,254,0003112
Centenary Bank133,802221,144,2314136
EBO SACCO1,5001,240,3822136
Equity Bank13,06957,252,0040136
Finance Trust22,55517,520,4245136
FINCA-UGA56,30027,402,0004110
Five Talents5,365368,0572136
Gatsby1,3462,440,2362136
Habitat Uganda858265,5081136
Hofokam20,9084,793,2006136
KACITA15660,3181136
Madfa SACCO4,832288,6745136
Opportunity23,73413,560,84613136
RUCREF5,557898,3804156
Rushere SACCO983574,5492136
SAO20462,7681136
Silver Upholders2,111189,1894136
THPU6,528676,3911136
UGAFODE8,1974,720,4469136
VF Uganda13,0723,221,6755136
Wakiso513276,0001136
Y-SAVE2081,686,4851136
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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