Please note that the information you are viewing is 133 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Banco ProCredit Av. Vladimir Lenine No. 210P.O. Box 1636Maputo
Data approved: 2013-06-05
Data version: 2
Age of data: 133 months

Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.bancoprocredit.co.mz/
Year established2000
Head of InstitutionYann Groeger
Regions activeMaputo Capital, Maputo Province, Gaza, Sofala, Nampula
# Branches19

Total Portfolio (nat'l)MZN 795,661,896.60
Total Portfolio (USD)USD 26,173,088.70
Active clients with loans4,626
Approximate % female clients20% - 40%
Approximate % urban clients80% - 100%
Network affiliationsProCredit Group
FundersProCredit Holding AG, DOEN Foundation, Fundo de Fomento de Habitacao

Loan Products » Summary

Retired Product
Retired Product
This institution does not currently offer microloans, reported to MFTransparency on 2013-06-05
Please note that the information you are viewing is 150 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Kraban Support Foundation Dome-AccraGreater AccraPO Box KD 83, Kanda
Data approved: 2011-12-07
Data version: 1
Age of data: 150 months

Product

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Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 78,780
Portfolio (USD)USD 39,989.85
Active Clients with Loans857
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This loan is given out to refugees and vulnerable people. It is mainly used for business purposes
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 training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
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
CurrencyGHS
Minimum loan sizeGHS 100
Maximum loan sizeGHS 250
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term6.0 months
Approx average6.0 months
Grace Period
Grace period usage100%
Average grace period1.0 month
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 interest20.00%
Highest quoted nominal interest20.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
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?No

Full Pricing Data

Agape Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 300GHS 350GHS 400
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2010-09-302010-09-302010-09-30
Loan Term (Months)5.1 months5.1 months5.1 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 Component62.0%61.0%64.7%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component10.9%10.5%11.8%
Full APR (int fee ins tax dep)72.9%71.5%76.6%
Transparency Index272826
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Agape Loan Price Graphs


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% Products with compulsory deposits
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