Institution # Borrowers Portfolio (US$) Products Age of Data
AMF220,100173,814,0009126
FONDEP128,949106,544,9376120
AMSSF13,7009,079,0005126
INMAA10,4944,436,4104126
ARDI10,1184,805,3172126
AMOS2,700716,0002126
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Institution

Banco Oportunidades de Mo?ambique Av. 24 de Julho, 4136, Bairro MalangaMaputo
Data approved: 2012-01-21
Data version: 1
Age of data: -   months 

Product

Credito Solidario Product 3 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (MZN)MZN 6,877,161
Portfolio (USD)
Active Clients with Loans2,271
Approximate % Female Clients0
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Credito para pessoas de baixa renda que individualmente n?·o poderiam ter acesso ao credito por terem neg?cios extremamente pequenos e por n?·o estarem em condi???es de oferecer garantias exigidas em creditos individuais.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyMZN
Minimum loan sizeMZN 1,000
Maximum loan size12,180
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term12.0 months
Approx average8.0 months
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
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 interest3.00%
Highest quoted nominal interest3.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionTaxa Administrativa
% of loan amount - min1.47%
% of loan amount - max1.47%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited15.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to deposit
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees0
All or some fees taxedN/A

Full Pricing Data

Credito Solidario samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountMZN 1,353.40MZN 2,537.57MZN 4,973.67MZN 10,251.75
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-05-122011-08-192011-07-212011-06-03
Loan Term (Months)4.0 months5.0 months5.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component115.0%118.8%117.1%118.5%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.1%0.0%0.0%0.0%
Deposit Component32.2%33.9%32.8%33.7%
Full APR (int fee ins tax dep)147.2%152.7%150.0%152.3%
Transparency Index24242424
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Credito Solidario 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
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