Please note that the information you are viewing is 103 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Metemamen MFI Bole RoadAddis AbabaPO Box 21304
Data approved: 2011-12-23
Data version: 1
Age of data: 103 months

Institution

COAC FondVida Flavio Alfaro Oe6 - 150 y Francisco DavilaQuito, Pichincha
Data approved: 2010-11-08
Data version: 1
Age of data: 116 months

Product

Eshet Loan (A seed in the process of being ripe) Product 2 of 6 « Prev | Next »

Product

Crédito Individual para Micro Product 4 of 4 « Prev | Next »

Product Summary

Number borrowers5,060
Loan Amount (range)ETB 1,500 - 6,600
Loan Term (range)3 - 12
Other Services (text summary)Credit Educ, Group Mtgs
Annual Interest & Method19.2% annual, Flat
FeesNone
InsuranceNone
TaxNone
Comp Dep8.0% upfront 10.00% ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component18.1% - 21.2% (Int+Fee)
Insurance Component0
Tax Component Range0
Full APR (int fee ins tax dep)19.1% - 22.6%
Transparency Index (min/max)0 - N/A
Transparency Index (average)96

Product Summary

1,209
USD 100 - 5,000
3 - 24
Credit Educ, Credit Ins, Tech Asst Visits, Business Training, Capacitación en formulación de planes de negocio, Capacitación en proyectos de vida y espíritu emprendedor
14.0%-18.5% annual, Decl Bal
1.00% ongoing
None
None
5.00 ongoing
 
N/A
18.7% - 18.8% (Int+Fee)
0.1% - 5.3%
0
20.2% - 24.3%
0 - N/A
65

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 8,672,488
Portfolio (USD)USD 471,330.87
Active Clients with Loans5,060
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This is a group loan product targeted at rural clients engaged in on and off farm activities. Groups have 10 to 30 members.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
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

Product Details

Key Statistics
Outstanding portfolio (USD)USD 1,949,015
Portfolio (USD)USD 1,949,015
Active Clients with Loans1,209
Approximate % Female Clients60% - 80%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Es un crédito exclusivamente para inciar un negocio o fortalecer la actividad económicxa que realice el socio, por primera vez desde USD 100 hasta USD 2000 y progresivamente hasta USD 5000
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculture
Education
Other household financex
OtherComo capiltal para iniciar un negocio
Other (2)Incremento de mercadería
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visitsx
Business trainingx
Other training
OtherCapacitación en formulación de planes de negocio
Other (2)Capacitación en proyectos de vida y espíritu emprendedor
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
OtherSi el deudor no es propietario de una casa, el garante sí requiere tener una casa.
Other (2)Pueden acceder personas desde los 15 años de edad en adelante
# 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 1,500
Maximum loan size6,600
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average10.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular paymentsx

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 100
Maximum loan size5,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx average11.0 months
Grace Period
Grace period usage0
Average grace period0
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 interest1.60%
Highest quoted nominal interest1.60%
Interest rate periodMonthly
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
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?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited8.00% - N/A
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited10.00% - N/A
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
Additional Comments
Interest on savings is compounded and paid 6 monthly.

Pricing Information

Interest
Lowest quoted nominal interest14.00%
Highest quoted nominal interest18.50%
Reason(s) why interest rate variesLoan Purpose, Credito para inicio de negocios de los jovenes menores de edad.
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionSeguro de Desgravamen
% 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
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?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedUSD 5
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid1.50%
Maximum interest rate paid4.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
Para nosotros el pago del ahorro en cada letra es una opción que tiene el socio de ahorrar, entonces el socio puede decidir ahorrar o no. Así también, el socio apenas paga la dividendo ahorra los 5$ con la letra, pero a la vez puede disponer inmediatamente del mismo, entonces no es un ahorro que se queda bloqueado.

Full Pricing Data

Eshet Loan (A seed in the process of being ripe) samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountETB 2,200ETB 2,500ETB 4,000ETB 4,500ETB 5,500
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-03-032011-02-082011-01-042011-01-042011-01-04
Loan Term (Months)12.0 months12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component21.2%19.2%18.2%18.2%18.1%
Insurance Component0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component1.5%1.0%0.9%0.9%1.2%
Full APR (int fee ins tax dep)22.6%20.2%19.1%19.1%19.3%
Transparency Index8595100100100
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Crédito Individual para Micro samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountUSD 450USD 1,000USD 2,000USD 4,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2010-08-232010-08-242010-07-272010-07-21
Loan Term (Months)4.0 months14.0 months10.0 months17.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component18.8%18.8%18.7%18.8%
Insurance Component5.3%1.7%2.2%1.4%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.3%0.2%0.1%0.0%
Full APR (int fee ins tax dep)24.3%20.6%21.0%20.2%
Transparency Index58686769
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Eshet Loan (A seed in the process of being ripe) Price Graphs


Crédito Individual para Micro Price Graphs


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
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to