2. KWFT DTM
Please note that the information you are viewing is 135 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Ecofuturo
Please note that the information you are viewing is 124 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 Women Finance Trust Deposit Taking Microfinance Ltd P.O. Box 4179 - 00506Kiambere Road, Upper HillNairobi
Data approved: 2013-06-24
Data version: 2
Age of data: 135 months
Choose version

Institution

Ecofuturo S.A. Calle Mexico 1530 entre Otero de la Vega y Nicolas AcostaLa Paz
Data approved: 2013-12-31
Data version: 2
Age of data: 124 months
Choose version

Product

Biashara Loan Product 1 of 6 « Prev | Next »

Product

Eco - BOB Product 1 of 12 « Prev | Next »

Product Summary

Number borrowers219,089
Loan Amount (range)KES 10,000 - 45,000,000
Loan Term (range)6 - 60
Other Services (text summary)Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Health education, Women empowerment
Annual Interest & Method20.0%-21.6% annual, Flat
Fees1.00%-1.50% upfront upfront
Insurance1.25% upfront
TaxNone
Comp Dep10.0%-20.0% upfront 50.00-0.00 ongoing
Range of pricing 
Interest Price Component34.5% - 38.0%
Fee Component1.4% - 7.7%
Insurance Component1.2% - 4.6%
Tax Component Range0
Full APR (int fee ins tax dep)47.8% - 60.2%
Transparency Index (min/max)20 - 43
Transparency Index (average)35

Product Summary

48,785
BOB 350 - 3,500,000
3 - 120
Credit Ins
10.0%-30.0% annual, Decl Bal
None
0.25%-9.96% ongoing Y
None
N/A
 
9.9% - 28.9%
0
0.9% - 1.9%
0
16.0% - 29.3%
24 - 67
40

Product Details

Key Statistics
Outstanding portfolio (KES)KES 12,198,631,776
Portfolio (USD)USD 147,326,470.70
Active Clients with Loans219,089
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
OtherMembership between 15-35 individuals
Description
Entry level, existing businesses, 15-35 women in a group, monthly repayment, 6-48 months. Interest rate of 1.5-1.67% PM, secured by social collateral, LGF and chattels mortgage registration.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visitsx
Business trainingx
Other trainingx
OtherHealth education
Other (2)Women empowerment
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 institution8
# Regions for this product8
Regions ActiveCentral, Coast, Eastern, Nairobi, North Eastern, Nyanza, Rift Valley, Western

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 1,083,496,153
Portfolio (USD)USD 160,517,948.60
Active Clients with Loans48,785
Approximate % Female Clients20% - 40%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Este es un producto de crédito individual consolidado y desembolsado en BOB, que incluye los siguientes subproductos Ecofuturo: Eco-Disponible, Eco-Individual, Eco-Agropecuario, Eco-Consumo, y Eco-Productivo.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loanx
Agriculturex
Educationx
Other household financex
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
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 institution9
# Regions for this product9
Regions ActiveBeni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija

Loan Conditions

Loan Amount
CurrencyKES
Minimum loan sizeKES 10,000
Maximum loan size45,000,000
Distribution at Disbursement (Est.)
Loans less than KES 50,00010%
KES 50,000-150,00040%
KES 150,000-250,00020%
KES 250,000-350,00015%
KES 350,000-450,0005%
Greater than KES 450,0005%
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term60.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months10%
Between 10 and 12 months20%
Between 13 and 18 months50%
Longer than 18 months15%
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

Loan Conditions

Loan Amount
CurrencyBOB
Minimum loan sizeBOB 350
Maximum loan size3,500,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,00050%
BOB 10,000-40,00030%
BOB 40,000-70,00010%
BOB 70,000-100,0005%
BOB 100,000-125,0000
Greater than BOB 125,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term120.0 months
Approx average36.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less50%
Between 4 and 6 months30%
Between 7 and 9 months10%
Between 10 and 12 months5%
Between 13 and 18 months0
Longer than 18 months5%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Dailyx
Weeklyx
Every 2 weeksx
Every 4 weeksx
Monthlyx
Every 2 monthsx
Quarterlyx
Every 6 monthsx
Every 12 monthsx
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest1.67%
Highest quoted nominal interest1.80%
Reason(s) why interest rate variesLoan Size
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan Processing FeeChattels Fee
% of loan amount - min1.00%0
% of loan amount - max1.50%0
OR, Fixed amount - min00
Fixed amount - max01,500
Reason for variationLoans below 100,000 KES = 1.5% with 250 KES minimum. Loans 100,000 KES and above = 1%Charged only on loans KES 100,000 and above.
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionRisk Management Fee
% of loan amount - min1.25%
% of loan amount - max1.25%
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
CriteriaIndividual loans = 10% upfront & 1% ongoing. Group Loans < KES 100,000 = 10% upfront & > KES 100,000 = 20% upfront. Loans > KES 45,000 = KES 400 ongoing, < KES 45,000 loans = KES 50 ongoing.
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - 20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0 - 1.00%
or, Fixed-amount depositedKES 50 - 0
Conditions on access to depositWhen Leaving
Interest Paid on Deposit
Minimum interest rate paid2.00%
Maximum interest rate paid6.00%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest10.00%
Highest quoted nominal interest30.00%
Reason(s) why interest rate variesLoan Size, Collateral
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termNo
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
Ins 1Ins 2
DescriptionSeguro de DesgravamenSeguro de Todo Riesgo
% of loan amount - min0.25%0
% of loan amount - max9.96%0.80%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationFee is 0.083%, charged each month the outstanding loan principal only.Fee is 0.0067% per month, charged on the oustanding loan principal balance only. Charged only if value of collateral is insufficient.
Appears on Repayment Sched?YesYes
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

Biashara Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountKES 10,000KES 20,000KES 45,000KES 100,000KES 300,000KES 500,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-03-152013-06-202013-06-142013-03-212013-04-162013-04-25
Loan Term (Months)12.0 months12.0 months12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditKES 2,587.08KES 4,950.04KES 11,191.74KES 23,862.81KES 68,396.30KES 112,993.86
True Price by Comp           
Interest price component37.8%37.8%38.0%34.6%34.6%34.6%
Fee Component5.0%2.9%2.9%4.9%2.9%2.5%
Insurance Component2.5%2.5%2.5%2.5%2.5%2.5%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component11.5%9.7%9.0%8.7%20.2%8.2%
Full APR (int fee ins tax dep)56.8%52.9%52.4%50.7%60.2%47.8%
Transparency Index323434403342
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF

Full Pricing Data

Eco - BOB samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountBOB 9,000BOB 14,000BOB 20,000BOB 21,000BOB 35,000BOB 140,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2014-02-102013-11-122014-02-042014-01-152014-02-032013-11-20
Loan Term (Months)37.0 months18.0 months37.0 months37.0 months43.0 months121.0 months
Grace Period (Months)-0.1 months0.0 months-0.1 months0.0 months-0.1 months0.0 months
Total Cost of CreditBOB 4,673.98BOB 3,200.36BOB 9,745.42BOB 10,616.11BOB 14,973.58BOB 140,044.64
True Price by Comp           
Interest price component27.7%26.8%26.1%27.0%21.9%15.0%
Fee Component0.0%0.0%0.0%0.0%0.0%0.0%
Insurance Component1.6%1.8%1.6%1.5%1.7%1.0%
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)29.3%28.6%27.7%28.5%23.6%16.0%
Transparency Index343536354262
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Biashara Loan Price Graphs


Click to view Price Analysis Tool
Eco - BOB Price Graphs


Click to view Price Analysis Tool
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 ∞