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Institution

Addis Credit and Savings Institution Head OfficeAddis AbabaPO Box 5667
Data approved: 2012-01-13
Data version: 1
Age of data: 102 months

Product

Micro & Small Business Loan Product 2 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 516,753,605
Portfolio (USD)USD 28,084,435.05
Active Clients with Loans165,464
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
These are micro and small business loans for individuals, groups and cooperatives.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business training
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyETB
Minimum loan sizeETB 700
Maximum loan size1,000,000
Loan Term and Grace Period
Shortest loan term7.0 months
Longest loan term36.0 months
Approx average24.0 months
Grace Period
Grace period usage90%
Average grace period2.0 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 interest10.00%
Highest quoted nominal interest10.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionService Charge
% 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?Yes
Upfront Insurance Fees
Ins 1
DescriptionLoan 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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
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 paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

Micro & Small Business Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountETB 2,500ETB 3,000ETB 5,000ETB 10,000ETB 24,000ETB 30,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-08-162011-08-262011-08-092011-08-122011-09-052011-08-17
Loan Term (Months)23.0 months24.0 months24.0 months29.0 months31.0 months31.0 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 Component19.9%18.4%19.8%19.4%19.3%17.7%
Insurance Component1.6%1.4%1.5%1.4%1.4%1.4%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component1.6%1.4%1.6%1.6%1.5%1.4%
Full APR (int fee ins tax dep)23.1%21.3%22.9%22.4%22.3%20.5%
Transparency Index434744454549
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Micro & Small Business Loan Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
Adhikar35,3002,674,000183
AMPL00083
Arman41,500529,107,000183
Arohan43,5008,091,000283
ASA INDIA164,00015,380,000183
Asirvad113,50019,328,000183
Asmitha1,114,800217,867,000183
Bandhan4,048,600674,564,000583
Belstar123,00023,945,000262
BSFL275,20031,590,000383
Chaitanya20,7003,748,000383
Disha Microfin69,00014,332,000283
Equitas1,220,000186,415,000483
ESAF354,20043,500,000583
FFSL150,60035,719,000283
Fusion66,8009,820,000283
Grama Vidiyal738,200102,101,000183
Grameen Koota586,60083,555,0001585
Janalakshmi506,000119,077,000283
L & T Finance399,80037,199,000183
MFL331,80049,083,000183
MMFL175,00023,752,000283
Mpower13,6002,263,000283
Sahayata00083
Saija24,7004,682,000283
Samasta45,5004,809,000283
Satin405,60090,174,000283
SCCI115,60015,910,000283
Share2,195,400376,727,000183
SKS3,409,000355,029,000283
SMILE360,20056,927,000183
SNFL9,4001,779,000183
Sonata Finance158,20022,724,000385
Spandana533,400147,240,000283
Suryoday78,60014,713,000383
SVCL118,20018,886,000183
Swadhaar92,80017,166,000383
Trident68,7008,852,000183
Ujjivan913,300160,848,000583
Utkarsh168,60025,915,000383
VFS175,40019,264,000283
Asomi50,3004,743,0002115
AES India3,600286,0001115
Arth2,900611,0002115
Asomi50,3004,743,0002115
Barasat GS1,10099,508.021115
BJS6,000468,0001115
Cashpor417,00050,452,0001114
Credible10,0001,669,540.362115
DIBAKAR1,800145,0001114
GOF65,2005,388,0004114
Hope62,6004,407,0001112
Jaago2,700237,0001113
LOK4,900573,0001114
Nano25,6003,660,0002115
NBSAAVS28,1002,821,0001112
Nirantara8,200917,0002114
Parama7,100482,0001114
Pragathi26,2004,579,0006114
PWMACS36,5005,946,0001114
Saadhana90,90012,046,0002114
Sambhav1,500183,0003114
Seba Rahara6,700468,0001114
SU61,1005,498,0001114
Swayanshree7,900918,0002114
Vikas Samiti1,600168,0001114
Vistaar4,3001,157,0002112
We The People1,100244,0002114
WEMCS1,10085,0001114
Yukti1,10099,0002114
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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