Please note that the information you are viewing is 150 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: 150 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established2002
Head of InstitutionMs Wegayehu Asrat
Regions active
# Branches5

Total Portfolio (nat'l)ETB 11,960,952
Total Portfolio (USD)USD 650,051.74
Active clients with loans10,541
Approximate % female clients60% - 80%
Approximate % urban clients40% - 60%
Network affiliationsAEMFI, MAIN
FundersCRS, ICCO Terafina

Loan Products » Summary

2,891 Borrowers
USD 59,468.48 Portfolio
Active Product
5,060 Borrowers
USD 471,330.87 Portfolio
Active Product
1,165 Borrowers
USD 31,912.45 Portfolio
Active Product
427 Borrowers
USD 17,545.38 Portfolio
Active Product
962 Borrowers
USD 55,780.11 Portfolio
Active Product
36 Borrowers
USD 14,014.46 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Endeg Loan (let us grow together) ETB 1,300 - 6,500 3 - 12 80% - 100% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs
Eshet Loan (A seed in the process of being ripe) ETB 1,500 - 6,600 3 - 12 60% - 80% 0% - 20% Business, Agriculture Women, Men Credit Educ, Group Mtgs
Hibret Loan (Union) ETB 1,200 - 7,200 3 - 12 60% - 80% 40% - 60% Business Women, Men Credit Educ, Group Mtgs
Qirs Loan (Property) ETB 1,500 - 7,000 12 20% - 40% 40% - 60% Any Purpose Women, Men, Salaried worker Credit Educ, Group Mtgs
Siket Loan (Success) ETB 2,500 - 11,000 3 - 12 80% - 100% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Endeg Loan (let us grow together) 18.0% annual, Flat 1 Fee 0 Ins None 8.0% upfront 10.00% ongoing 37.9% - 38.8% 45.4% - 47.8% 38
Eshet Loan (A seed in the process of being ripe) 19.2% annual, Flat 0 Fees 0 Ins None 8.0% upfront 10.00% ongoing 18.1% - 21.2% 19.1% - 22.6% 96
Hibret Loan (Union) 18.0% annual, Flat 0 Fees 0 Ins None 8.0% upfront 10.00% ongoing 31.6% - 32% 36.8% - 37.4% 48
Qirs Loan (Property) 14.4% annual, Flat 1 Fee 0 Ins None 8.0% upfront 10.00% ongoing 30.8% - 31.8% 36.5% - 37.8% 38
Siket Loan (Success) 18.0% annual, Flat 1 Fee 0 Ins None 8.0% upfront 10.00% ongoing 40% - 45.3% 48.2% - 55.6% 35
Institution Price Graph
Please note that the information you are viewing is 163 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Cooperativa de Ahorro y Credito Santa Anita Imbaubura 8-83 y Vicente RocafuerteCotacachi, Imbabura28034
Data approved: 2010-11-08
Data version: 1
Age of data: 163 months

Product

Microempresarial Product 5 of 6 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 1,214,168.88
Portfolio (USD)USD 1,214,168.88
Active Clients with Loans924
Approximate % Female Clients40% - 60%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Es producto esta dirigido a microempresarios sean del area rural o urbanos que se dedican a actividades microempresariales en pequena escala en actividades especificas de comercio y servicios.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
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
OtherTener calificacion hasta B en central de riesgos o buro de credito
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 100
Maximum loan size15,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term49.0 months
Approx average19.0 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 interest20.05%
Highest quoted nominal interest25.00%
Reason(s) why interest rate variesLoan Size
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionSeguro de DesgravamenSeguro de Vida y Seguro de Accidentes Personales (prima anual)
% of loan amount - min4.00%0
% of loan amount - max4.00%0
OR, Fixed amount - min012
Fixed amount - max012
Reason for variationN/A
Appears on Repayment Sched?NoNo
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?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited6.70%
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 paid4.00%
Maximum interest rate paid4.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
Ahorros contínuous: este valor está a disposición del socio, lo que nosotros pretendemos poniéndolo en la tabla de amortización es generar en el socio un hábito de ahorro, pero si el socio no ahorra no tiene ninguna incidencia en el crédito.

Full Pricing Data

Microempresarial samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountUSD 400USD 1,000USD 2,000USD 3,000USD 10,010
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2010-05-062010-05-262010-04-132010-05-142010-05-04
Loan Term (Months)6.0 months12.0 months19.0 months25.0 months49.0 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 Component25.3%25.5%26.9%25.5%18.8%
Insurance Component11.0%2.1%0.8%0.4%0.1%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component4.9%3.1%3.1%2.8%1.9%
Full APR (int fee ins tax dep)41.2%30.7%30.8%28.7%20.7%
Transparency Index4965657097
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Microempresarial Price Graphs


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Key Statistics
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# Borrowers
Loan Portfolio (USD)
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% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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