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

Poverty Eradication and Community Empowerment Yeka SubcityKebele 11/12Addis Ababa, House Number 669PO Box 5743
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 addresshttp://www.peacemfi.org/
Year established1999
Head of InstitutionMr Tezera Kebede
Regions active
# Branches18

Total Portfolio (nat'l)ETB 44,682,307
Total Portfolio (USD)USD 2,428,386.25
Active clients with loans17,206
Approximate % female clients60% - 80%
Approximate % urban clients0% - 20%
Network affiliationsAEMFI, MAIN, WWB
FundersOxfam Novib, Ethio-Italian Development Cooperation, Agri Service Ethiopia, RUFIP

Loan Products » Summary

14,625 Borrowers
USD 2,245,525.44 Portfolio
Active Product
2,581 Borrowers
USD 182,860.76 Portfolio
Active Product
47 Borrowers
USD 33,958.32 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
Agricultural Loan ETB 2,000 - 5,000 3 - 12 60% - 80% 0% - 20% Business, Agriculture Women, Men, Have business Group Mtgs, Tech Asst Visits, Business Training, Other Training, Savings training
Non-agricultural loan ETB 1,900 - 5,000 3 - 18 80% - 100% 0% - 20% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training, Savings training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agricultural Loan 18.0% annual, Flat 1 Fee 0 Ins None 10.0% upfront 10.00% ongoing 20.1% - 20.2% 22% - 22.2% 81
Non-agricultural loan 15.0% annual, Flat 1 Fee 0 Ins None 10.0% upfront 30.7% - 30.8% 38.2% - 40.4% 38
Institution Price Graph
Please note that the information you are viewing is 133 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Caixa Comunitaria de Microfinancas Av. Das FPLM,832ICB e Loja de PeasMaputo
Data approved: 2013-05-09
Data version: 2
Age of data: 133 months

Product

Grupo Solidario Pequeno Grupo Comercio Product 5 of 6 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (MZN)MZN 25,106,606.07
Portfolio (USD)USD 825,875.20
Active Clients with Loans1,564
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Para actividade Comercial a grupos constituidos por 3 pessoas, que entram pela primeira vez, levantam 10.000 p/cada pessoa e tem que ter pessoa, tem que oferecer uma garantia de bens notarizada
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution4
# Regions for this product4
Regions ActiveMaputo Capital, Maputo Province, Gaza, Cabo Delgado

Loan Conditions

Loan Amount
CurrencyMZN
Minimum loan sizeMZN 10,000
Maximum loan size45,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term6.0 months
Approx average6.0 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 interest4.50%
Highest quoted nominal interest4.50%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCobertura de despesas administrativas
% 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 Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionRelativo a cobertura em caso de falecimento
% 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?No
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited33.33%
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 paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Grupo Solidario Pequeno Grupo Comercio samples
Sample 1Sample 2Sample 3
Loan AmountMZN 15,000MZN 30,000MZN 42,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-04-172013-05-282013-05-24
Loan Term (Months)6.0 months6.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditMZN 2,662MZN 5,325MZN 7,455
True Price by Comp     
Interest price component50.8%50.5%50.4%
Fee Component3.6%3.5%3.6%
Insurance Component3.6%3.6%3.5%
Tax Component0.0%0.0%0.0%
Deposit Component59.8%59.3%59.6%
Full APR (int fee ins tax dep)117.8%116.9%117.1%
Transparency Index464646
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Grupo Solidario Pequeno Grupo Comercio Price Graphs


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