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
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

Oromia Credit & Savings S.C Bole RoadNr Damu HotelAddis AbabaPO BOX 19853
Data approved: 2011-12-23
Data version: 1
Age of data: 150 months

Institution

Harbu MFI Bole Sub CityAddis AbabaPO Box 13460
Data approved: 2012-04-12
Data version: 1
Age of data: 150 months

Product

Agriculture Loan Product 1 of 3 « Prev | Next »

Product

Installment loan Product 2 of 2 « Prev | Next »

Product Summary

Number borrowers405,776
Loan Amount (range)ETB 1,900 - 5,000
Loan Term (range)12
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training
Annual Interest & Method10.0%-15.0% annual, Flat
Fees3.00% upfront
Insurance1.00%-1.50% upfront
TaxNone
Comp Dep10.0% upfront
Range of pricing 
Interest Price ComponentN/A
Fee Component13.4% - 19.3% (Int+Fee)
Insurance Component0 - 2.1%
Tax Component Range0
Full APR (int fee ins tax dep)15.7% - 22.6%
Transparency Index (min/max)25 - 64
Transparency Index (average)54

Product Summary

6,741
ETB 1,000 - 8,000
6 - 12
Credit Educ, Group Mtgs
13.0% annual, Flat
3.00% upfront
1.00% upfront
None
5.0% upfront 1.00% ongoing
 
N/A
29.0% - 29.1% (Int+Fee)
1.1% - 2.0%
0
36.7% - 36.9%
35 - 83
35

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 916,367,900
Portfolio (USD)USD 49,802,603.26
Active Clients with Loans405,776
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This is a one-year loan for agricultural purposes including oxen, poultry, fattening, pesticide, fertilisers, seeds, dairy, animal husbandry, small irrigation, land rent, handicraft, honey bee keeping and household asset building.
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 insurancex
Workplace visitsx
Business trainingx
Other trainingx
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 (ETB)ETB 12,925,429
Portfolio (USD)USD 702,468.97
Active Clients with Loans6,741
Approximate % Female Clients60% - 80%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This product is targeted at any purpose other than agricultural activities.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
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

Loan Conditions

Loan Amount
CurrencyETB
Minimum loan sizeETB 1,900
Maximum loan size5,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term12.0 months
Approx average12.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Loan Conditions

Loan Amount
CurrencyETB
Minimum loan sizeETB 1,000
Maximum loan size8,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average12.0 months
Grace Period
Grace period usage10%
Average grace period1.0 month
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 interest15.00%
Reason(s) why interest rate variesNot specified
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Insurance
% of loan amount - min1.00%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation1% scheme cancels repayments if death. 1.5% scheme cancels repayments & pays the family money.
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 deposited10.00%
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

Pricing Information

Interest
Lowest quoted nominal interest13.00%
Highest quoted nominal interest13.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionAdministration / Processing Fee
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance
% 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
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 deposited5.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited1.00%
or, Fixed-amount deposited0
Conditions on access to depositWhen Leaving
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No

Full Pricing Data

Agriculture Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountETB 1,900ETB 2,000ETB 3,000ETB 3,500
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-03-152011-03-152011-08-102011-08-10
Loan Term (Months)9.0 months9.0 months12.0 months12.0 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 Component19.3%19.3%13.4%13.4%
Insurance Component1.5%1.5%1.2%1.2%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component1.9%1.9%1.1%1.1%
Full APR (int fee ins tax dep)22.6%22.6%15.7%15.7%
Transparency Index44446464
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Installment loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountETB 1,000ETB 2,000ETB 4,000ETB 4,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-07-152011-07-152011-04-132011-04-16
Loan Term (Months)12.0 months12.0 months12.0 months12.0 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 Component29.0%29.0%29.1%29.1%
Insurance Component2.0%2.0%2.0%2.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component5.7%5.7%5.8%5.8%
Full APR (int fee ins tax dep)36.8%36.7%36.9%36.9%
Transparency Index35353535
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Agriculture Loan Price Graphs


Installment loan 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