Please note that the information you are viewing is 81 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Kenya Ecumenical Loan Fund (ECLOF) P.O. Box 34889Nairobi
Data approved: 2013-05-29
Data version: 2
Age of data: 81 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?No
Website addresshttp://www.eclof-kenya.org/
Year established1994
Head of InstitutionMary Munyiri
Regions activeCentral, Eastern, Nairobi, Nyanza, Rift Valley, Western
# Branches16

Total Portfolio (nat'l)KES 470,400,975
Total Portfolio (USD)USD 5,681,171.20
Active clients with loans19,987
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliationsECLOF International, AMFI
FundersECLOF International, Water.org, Church of Sweden

Loan Products » Summary

508 Borrowers
USD 111,767.38 Portfolio
Active Product
1,537 Borrowers
USD 328,271.94 Portfolio
Active Product
17,182 Borrowers
USD 4,794,419.57 Portfolio
Active Product
82 Borrowers
USD 13,964.15 Portfolio
Active Product
292 Borrowers
USD 78,317.39 Portfolio
Active Product
629 Borrowers
USD 36,442.09 Portfolio
Active Product
206 Borrowers
USD 63,307.34 Portfolio
Active Product
83 Borrowers
USD 29,045.35 Portfolio
Active Product
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Elimu Bora Loan KES 5,000 - 200,000 3 - 12 40% - 60% 0% - 20% Education Women, Men, Have business Credit Educ, Credit Ins
Jinue Loan KES 5,000 - 30,000 6 - 18 40% - 60% 0% - 20% Business, Consumer Women, Men, Have business Credit Educ, Credit Ins
Jiwezeshe Loan KES 5,000 - 300,000 6 - 36 40% - 60% 0% - 20% Business Women, Men, Have business Credit Educ, Credit Ins
Tatua Shida Loan KES 5,000 - 50,000 3 - 6 40% - 60% 0% - 20% Any Purpose Women, Men, Have business Credit Educ, Credit Ins
Ukulima Loan KES 5,000 - 200,000 6 - 12 40% - 60% 20% - 40% Agriculture Women, Men, Have business Credit Educ, Credit Ins
Afya Loan KES 8,666 - 21,420 3 - 12 40% - 60% 20% - 40% Other Women, Men, Have business Credit Educ, Credit Ins
Maji Safi Loan KES 5,000 - 100,000 9 - 24 40% - 60% 20% - 40% Other Women, Men, Have business Credit Educ, Credit Ins
Boma Safi Loan KES 5,000 - 200,000 6 - 24 40% - 60% 20% - 40% Other Women, Men, Have business Credit Educ, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Elimu Bora Loan 18.0% annual, Flat 1 Fee 1 Ins None N/A 33.1% - 36.1% 36.9% - 40.2% 47
Jinue Loan 22.0% annual, Flat 1 Fee 1 Ins None 10.0%-25.0% upfront 200.00 ongoing 42.8% - 45.3% 108% - 170.1% 16
Jiwezeshe Loan 18.0%-20.0% annual, Flat 1 Fee 1 Ins None 10.0%-25.0% upfront 200.00 ongoing 33.6% - 41.6% 61.6% - 91.2% 23
Tatua Shida Loan 22.0% annual, Flat 1 Fee 1 Ins None N/A 45.4% 53% 42
Ukulima Loan 20.0% annual, Flat 1 Fee 1 Ins None N/A 39.5% - 42% 43.6% - 49.6% 44
Afya Loan 19.0% annual, Flat 1 Fee 1 Ins None N/A 34% - 37.8% 37.7% - 42% 46
Maji Safi Loan 20.0% annual, Flat 1 Fee 1 Ins None N/A 39.5% - 42% 43.6% - 49.6% 44
Boma Safi Loan 20.0% annual, Flat 1 Fee 1 Ins None N/A 36.8% - 42% 39.1% - 49.6% 45
Institution Price Graph
Please note that the information you are viewing is 79 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Markaz Al Bishara Head OfficeGumani Child Care & Family Helper ProgramTamale, NorthernPO Box TL 1313
Data approved: 2013-04-16
Data version: 2
Age of data: 79 months

Product

Petty Trading Loan Product 1 of 1 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 35,000
Portfolio (USD)USD 17,766.50
Active Clients with Loans145
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Designed for petty traders.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household financex
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visitsx
Business training
Other training
OtherHealth Training (HIV/AIDS, etc.)
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
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 institution1
# Regions for this product1
Regions ActiveNorthern Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 100
Maximum loan sizeGHS 300
Distribution at Disbursement (Est.)
Loans less than GHS 1,000100%
GHS 1,000-5,0000
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term6.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months100%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
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 interest30.00%
Highest quoted nominal interest30.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min1
Fixed amount - max1
Reason for variationN/A
Appears on Repayment Sched?No
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
Additional Comments
N/A

Full Pricing Data

Petty Trading Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 200GHS 200GHS 200
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-04-222013-04-222013-04-22
Loan Term (Months)6.0 months6.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditGHS 31GHS 31GHS 31
True Price by Comp     
Interest price component48.7%48.7%48.7%
Fee Component1.8%1.8%1.8%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)50.5%50.5%50.5%
Transparency Index595959
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Petty Trading 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