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Institution

Fondation pour le Development Local et le Partenariat Micro-Crédit Imm. Saraya, Angle Bd Riad et Av Alarz - Hay RiadRabat10100
Data approved: 2013-05-13
Data version: 1
Age of data: 72 months

Product

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Product Details

Key Statistics
Outstanding portfolio (MAD)MAD 20,453,333
Portfolio (USD)USD 2,406,274.47
Active Clients with Loans678
Approximate % Female Clients20% - 40%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Ce produit est destiné aux micro-entrepreneurs disposant d’un fond de commerce et bancarisés et qui désirent développer leurs activités.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
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 ActiveTangier-Tétouan, East and the Rif, Fes-Meknes, Rabat-Sale-Kenitra, Beni Mellal-Khenifra, Settat-Casablanca, Marrakesh-Safi, Drâa-Tafilalt, Souss-Massa

Loan Conditions

Loan Amount
CurrencyMAD
Minimum loan sizeMAD 30,000
Maximum loan size50,000
Distribution at Disbursement (Est.)
Loans less than MAD 5,0000
MAD 5,000-15,0000
MAD 15,000-25,0000
MAD 25,000-35,00030%
MAD 35,000-45,00020%
Greater than MAD 45,00020%
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term48.0 months
Approx average30.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months10%
Between 13 and 18 months10%
Longer than 18 months80%
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 MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionFrais de dossierFrais de Carnet
% of loan amount - min1.00%0
% of loan amount - max1.00%0
OR, Fixed amount - min010
Fixed amount - max010
Reason for variationN/DN/A
Appears on Repayment Sched?YesNo
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
MAD 50 membership fee for new clients + MAD 10 passbook fee (passbook is always kept by the client)

Full Pricing Data

Attajir samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountMAD 30,313.13MAD 40,414.14MAD 50,515.15MAD 50,515.15
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2014-02-172014-02-262014-02-132014-03-01
Loan Term (Months)18.0 months12.0 months18.0 months27.0 months
Grace Period (Months)0.0 months0.0 months-0.1 months0.0 months
Total Cost of CreditMAD 8,016MAD 7,280MAD 13,360MAD 20,092
True Price by Comp       
Interest price component29.7%29.7%29.8%29.6%
Fee Component1.4%2.0%1.4%1.0%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)31.1%31.7%31.2%30.6%
Transparency Index96959698
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Attajir Price Graphs


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CBI8,1002,010,0005102
CCT70,3009,504,0004102
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ECLOF5,4001,836,0004102
FCB12,0002,392,0002102
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MWIMPC11,8001,740,0004101
NWTF105,50012,698,0005102
OFMPC4,400964,0001102
PBC50,70010,434,0004102
PCSD700167,0001102
PMPC23,5005,565,0008102
RB Angeles9001,502,0002102
RB Labason500289,0001102
RBLI5,2001,026,0002102
RBMI11,9001,750,0002102
RMB100173,0001102
RSPI39,6002,834,0004102
SAFRAGEMC1,100229,0001102
Salve10,9001,191,0003102
SEDP27,0003,914,0003102
TSKI212,90025,187,0002102
TSPI264,50031,290,0007102
Valient1,700672,0002102
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
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