Please note that the information you are viewing is 124 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

National Rural Development Program NRDP Secretariat, Circular Road, Mumtaz ColonyNarowal, Punjab51600
Data approved: 2013-07-23
Data version: 1
Age of data: 124 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.nrdp.org
Year established1992
Head of InstitutionMirza Moqeem Baig
Regions activePunjab
# Branches5

Total Portfolio (nat'l)PKR 70,423,958
Total Portfolio (USD)USD 718,611.82
Active clients with loans4,799
Approximate % female clients60% - 80%
Approximate % urban clients20% - 40%
Network affiliations
FundersPakistan Poverty Alleviation Fund (PPAF), ORIX Leasing Pakistan Ltd.

Loan Products » Summary

4,691 Borrowers
USD 689,122.02 Portfolio
Active Product
387 Borrowers
USD 26,836.73 Portfolio
Active Product
13 Borrowers
USD 2,653.06 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
General Loan PKR 10,000 - 75,000 12 40% - 60% 20% - 40% Business Women, Men, Have business, Specific age group, Productive Loans for legal business (Small) Credit Educ, Group Mtgs, Tech Asst Visits, Business Training
Seasonal Loan PKR 10,000 - 30,000 6 40% - 60% 0% Agriculture Women, Men, 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
General Loan 20.0% annual, Flat 1 Fee 0 Ins None N/A 38.5% - 38.7% 38.5% - 38.7% N/A
Seasonal Loan 30.0% annual, Flat 1 Fee 0 Ins None N/A 32.3% 32.3% N/A
Institution Price Graph
Please note that the information you are viewing is 136 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Centenary Rural Development Bank Mapeera House, Plot 44-46, Kampala RoadKampalaP.O.Box 1892
Data approved: 2013-01-24
Data version: 2
Age of data: 136 months

Product

Home Improvement Loan Product 1 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 43,351,991,721
Portfolio (USD)USD 16,673,843
Active Clients with Loans11,745
Approximate % Female Clients20% - 40%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Short-term loan targeted at home owners with regular income for the purpose of financing home improvement either through construction and/or renovation.
Loan Purpose
Any purpose
Income generation
Mortgage/housingx
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
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
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution4
# Regions for this product4
Regions ActiveCentral, Eastern, Northern, Western

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 100,000
Maximum loan size30,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,00010%
UGX 1,000,000-5,000,00015%
UGX 5,000,000-7,500,00015%
UGX 7,500,000-10,000,00015%
UGX 10,000,000-13,000,00015%
Greater than UGX 13,000,00015%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term36.0 months
Approx averageDK
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months15%
Between 7 and 9 months20%
Between 10 and 12 months30%
Between 13 and 18 months30%
Longer than 18 months5%
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 interest24.00%
Highest quoted nominal interest24.00%
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
DescriptionAcceptance CommissionStamp Duty
% of loan amount - min2.00%0
% of loan amount - max2.00%0
OR, Fixed amount - min010,000
Fixed amount - max010,000
Reason for variationN/AN/A
Appears on Repayment Sched?YesYes
Ongoing Fees
Fee 1
DescriptionMonthly Monitoring Fee
% of loan amount - min0.50%
% of loan amount - max0.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
Ins 1
DescriptionLoan Protection Insurance
% of loan amount - min0.45%
% of loan amount - max0.45%
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 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

Home Improvement Loan samples
Sample 3Sample 4Sample 5Sample 6
Loan AmountUGX 1,500,000UGX 3,000,000UGX 9,000,000UGX 15,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2012-02-072012-12-212012-06-182012-10-02
Loan Term (Months)24.0 months12.0 months37.0 months24.0 months
Grace Period (Months)0.0 months0.0 months0.4 months0.0 months
Total Cost of CreditUGX 556,104.80UGX 582,832.60UGX 5,120,652.20UGX 5,513,500
True Price by Comp       
Interest price component23.7%23.8%23.7%29.7%
Fee Component8.8%10.5%7.5%2.2%
Insurance Component0.5%0.9%0.4%0.5%
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)33.0%35.2%31.6%32.4%
Transparency Index73687674
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Home Improvement Loan 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
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to