Please note that the information you are viewing is 110 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

AfricaWorks Fialho de Almeida 69Maputo
Data approved: 2015-03-20
Data version: 3
Age of data: 110 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addressN/A
Year established2008
Head of InstitutionClaudien Nsengimana
Regions activeMaputo Capital, Maputo Province, Inhambane, Gaza, Manica, Tete
# Branches10

Total Portfolio (nat'l)MZN 62,320,291.50
Total Portfolio (USD)USD 1,843,795.61
Active clients with loans6,526
Approximate % female clients60% - 80%
Approximate % urban clients60% - 80%
Network affiliationsAMOMIF, MIX
FundersPartners Worldwide

Loan Products » Summary

5,679 Borrowers
USD 1,181,791.61 Portfolio
Active Product
221 Borrowers
USD 147,837.70 Portfolio
Low Volume Product
275 Borrowers
USD 424,140.85 Portfolio
Low Volume Product
22 Borrowers
USD 14,790.64 Portfolio
Low Volume Product
248 Borrowers
USD 33,284.02 Portfolio
Low Volume Product
31 Borrowers
USD 35,339.11 Portfolio
Low Volume Product
35 Borrowers
USD 1,069.65 Portfolio
Low Volume Product
15 Borrowers
USD 5,542.03 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Grupo Comunitario MZN 3,000 - 30,000 4 - 6 60% - 80% 60% - 80% Business Women, Men, Have business, Specific age group Credit Educ, Group Mtgs, Tech Asst Visits, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Grupo Comunitario 52.0% annual, Flat 0 Fees 0 None 10.0%-20.0% upfront 71.3% - 82.2% 83% - 105.8% 55
Institution Price Graph
Please note that the information you are viewing is 160 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

ACLEDA Bank Plc. #61, Preah Monivong Blvd.Sangkat Srah Chork, Khan Daun PenhPhnom Penh, CambodiaN/A
Data approved: 2011-02-02
Data version: 2
Age of data: 160 months

Product

Small Loan (KHR) Product 4 of 6 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (KHR)KHR 36,367,059,091
Portfolio (USD)USD 9,206,850.40
Active Clients with Loans5,221
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Small Loan is developed to support financial sources to Borrowers for expansion of their businesses, including manufactures, trades, agriculture, services and tourism for individuals.
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 landx
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
CurrencyKHR
Minimum loan sizeKHR 6,000,001
Maximum loan size39,999,999
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term24.0 months
Approx average12.0 months
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 interest2.00%
Highest quoted nominal interest2.40%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?Yes
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

Full Pricing Data

Small Loan (KHR) samples
Sample 3Sample 4Sample 5Sample 6
Loan AmountKHR 7,000,000KHR 7,500,000KHR 9,000,000KHR 10,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2010-10-272010-10-262010-10-282010-10-05
Loan Term (Months)12.0 months12.0 months18.0 months24.0 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 Component29.2%26.8%28.0%26.8%
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)29.2%26.8%28.0%26.8%
Transparency Index82908690
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Small Loan (KHR) Price Graphs


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Loan Portfolio (USD)
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% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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