Institution

Yehu Microfinance Trust PO Box 82120Mombasa
Data approved: 2013-09-13
Data version: 2
Age of data: 141 months

Institution

Kasagana-Ka Development Center, Inc. 5 Don Francisco Street., Don Enrique HeightsCommonwealth Ave., Bgy. Holy SpiritQuezon City, NCR1127
Data approved: 2011-11-15
Data version: 1
Age of data: 158 months

Product

Business Loan Product 3 of 12 « Prev | Next »

Product

K-Kalusugan Product 2 of 3 « Prev | Next »

Product Summary

Number borrowers11,255
Loan Amount (range)KES 5,000 - 1,000,000
Loan Term (range)3 - 36
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training, Leadership Training
Annual Interest & Method21.0% annual, Flat
Fees400.00-0.00 upfront
Insurance1.50% upfront
TaxNone
Comp Dep10.0%-15.0% upfront 100.00 ongoing
Range of pricing 
Interest Price Component33.6% - 40.3%
Fee Component0 - 10.6%
Insurance Component0 - 4.1%
Tax Component Range0
Full APR (int fee ins tax dep)50.4% - 62.0%
Transparency Index (min/max)24 - 56
Transparency Index (average)39

Product Summary

708
PHP 380 - 3,920
3 - 6
Group Mtgs, Health checks
30.0% annual, Flat
None
None
None
N/A
 
N/A
57.8% - 60.3% (Int+Fee)
0 - 48.8%
0
57.8% - 60.3%
19 - 52
50

Product Details

Key Statistics
Outstanding portfolio (KES)KES 209,811,535.90
Portfolio (USD)USD 2,533,955.75
Active Clients with Loans11,255
Approximate % Female Clients80% - 100%
Approximate % Urban Clients40% - 60%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Up to KES 40,000 we don't require tangible colalteral, only a minimum savings amount and group guarantee. Fast loan processing - 14 days. This product includes Business loans and Top-Up Business loans.
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 insurancex
Workplace visits
Business trainingx
Other trainingx
OtherLeadership Training
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 groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveCoast

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 469,279
Portfolio (USD)USD 11,226.77
Active Clients with Loans708
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
OtherBorrower needs 2 co-makers as guarantors
Description
Caters to the health needs of a member and his/her family members.
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherHealth
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
OtherHealth checks
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or landx
Must be a salaried worker
Must be specific age group
OtherMust be in loan cycle 2 of K-Negosyo
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
CurrencyKES
Minimum loan sizeKES 5,000
Maximum loan size1,000,000
Distribution at Disbursement (Est.)
Loans less than KES 50,00040%
KES 50,000-150,00030%
KES 150,000-250,00015%
KES 250,000-350,00015%
KES 350,000-450,0000
Greater than KES 450,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term36.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months10%
Between 10 and 12 months40%
Between 13 and 18 months40%
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period1.0 month
Repayment Frequency
Daily
Weekly
Every 2 weeksx
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 380
Maximum loan size3,920
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term6.0 months
Approx average3.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest21.00%
Highest quoted nominal interest21.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionApplication Fee
% of loan amount - min0
% of loan amount - max1.00%
OR, Fixed amount - min400
Fixed amount - max0
Reason for variationKES 400 Minimum
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionEmergency Fund
% of loan amount - min1.50%
% of loan amount - max1.50%
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
CriteriaRural loans <30,000 KES =15%. Loans >30,000 KES = 10%. Urban loans <100,000 KES = 15%. Loans >100,000 KES = 10%
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - 15.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedKES 100
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid2.00%
Maximum interest rate paid4.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest2.50%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
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
Additional Comments
This loan product has 2 windows: Window 1 for check up (lab test and physical exam) of member and family members; Window 2 for medical procedures and medicines, including dentures and eye glasses

Full Pricing Data

Business Loan samples
Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountKES 30,000KES 50,000KES 100,000KES 200,000KES 250,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-06-102013-04-252013-04-082013-05-092013-07-30
Loan Term (Months)12.0 months12.0 months17.0 months17.0 months17.0 months
Grace Period (Months)0.5 months0.5 months0.5 months0.5 months0.5 months
Total Cost of CreditKES 7,150KES 11,750KES 34,000KES 68,000KES 85,000
True Price by Comp         
Interest price component37.8%37.8%38.2%38.2%38.2%
Fee Component2.7%2.1%1.4%1.4%1.4%
Insurance Component3.2%3.1%2.3%2.3%2.3%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component18.3%10.4%9.4%8.6%8.5%
Full APR (int fee ins tax dep)62.0%53.4%51.3%50.5%50.4%
Transparency Index3439414242
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

K-Kalusugan samples
Sample 1Sample 2Sample 3
Loan AmountPHP 1,960PHP 2,140PHP 2,140
Loan Cycle (1, 2, 3, etc)111
Disbursement Date2011-03-112011-03-292011-03-11
Loan Term (Months)5.8 months5.8 months5.8 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component60.3%57.8%59.9%
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)60.3%57.8%59.9%
Transparency Index505250
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Business Loan Price Graphs


K-Kalusugan Price Graphs


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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
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