Please note that the information you are viewing is 165 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Adok Timo KisumuKenyaP.O. Box 3650
Data approved: 2010-09-12
Data version: 1
Age of data: 165 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.adoktimo.com/
Year established2005
Head of InstitutionMr. Samuel Okelo Deya
Regions active
# Branches22

Total Portfolio (nat'l)KES 48,695,870
Total Portfolio (USD)USD 588,114.37
Active clients with loans4,325
Approximate % female clients60% - 80%
Approximate % urban clients0% - 20%
Network affiliations
Funders

Loan Products » Summary

260 Borrowers
USD 29,405.72 Portfolio
Active Product
865 Borrowers
USD 176,434.31 Portfolio
Active Product
2,984 Borrowers
USD 352,868.62 Portfolio
Active Product
173 Borrowers
USD 11,762.29 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agribusiness Loan KES 10,000 - 100,000 1 - 12 40% - 60% 0% - 20% Business Women, Men, Must be active in agricultural activities Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Asset Financing Loan KES 20,000 - 300,000 12 20% - 40% 20% - 40% Business Women, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Business Loan KES 6,400 - 500,000 1 - 12 60% - 80% 0% - 20% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
School Fees Loan KES 20,000 - 100,000 1 - 12 20% - 40% 20% - 40% Education Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agribusiness Loan 19.2%-24.0% annual, Flat 1 Fee 1 Ins None 25.0% upfront 29.4% - 31.4% 38.3% - 40.9% 49
Asset Financing Loan 19.2%-24.0% annual, Flat 1 Fee 1 Ins None 25.0% upfront 48.4% - 53% 79.9% - 87.8% 23
Business Loan 19.2%-24.0% annual, Flat 1 Fee 1 Ins None 25.0% upfront 46.2% - 55.3% 75.8% - 91.9% 23
School Fees Loan 19.2%-24.0% annual, Flat 1 Fee 1 Ins None 25.0% upfront 48.6% - 49.3% 80.6% - 81.4% 24
Institution Price Graph
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

Dedebit Credit and Savings Institution Head OfficeMekelePO Box 1074
Data approved: 2011-12-23
Data version: 1
Age of data: 150 months

Product

Rural Package Loan Product 7 of 8 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 513,000,000
Portfolio (USD)USD 27,880,434.78
Active Clients with Loans204,000
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This loan is to aid rural households to rise out of poverty and achieve food security
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherAgriculture
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
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 200
Maximum loan size30,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term48.0 months
Approx average36.0 months
Grace Period
Grace period usage100%
Average grace period3.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest18.00%
Highest quoted nominal interest18.00%
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
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 forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Rural Package Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountETB 1,000ETB 2,500ETB 3,000ETB 4,000ETB 4,500ETB 5,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-08-152011-07-262010-06-292010-06-292010-06-292011-07-26
Loan Term (Months)24.0 months48.0 months48.0 months48.0 months48.0 months48.0 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 Component23.2%25.9%18.0%18.0%18.0%25.9%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)23.2%25.9%18.0%18.0%18.0%25.9%
Transparency Index787010010010070
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Rural Package Loan Price Graphs


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