Institution # Borrowers Portfolio (US$) Products Age of Data
KBL468,300120,082,0001654
KF233,60041,416,000453
NRSP399,90070,157,000354
ASA230,40029,637,000354
TMFB221,20085,449,000754
FMFB163,54438,481,323972
TRDP100,00013,817,000354
PRSP75,6569,907,176372
BRAC^P57,30011,869,000354
SRSO51,1007,775,000354
SSF46,0004,776,000354
FINCA82,00043,559,000954
JWS36,0006,545,000254
RCDS35,5524,856,122472
DAMEN35,1857,150,864172
FFO22,4003,335,000354
OLP21,4003,510,000354
CSC17,6003,147,000154
AMRDO13,8001,206,000554
WMBL13,8006,105,000354
Mojaz13,4002,415,000254
SDF11,5001,041,000454
POMFB8,5002,795,000454
OPD7,500918,000254
AGAHE7,300797,000254
NRDP6,1841,521,972372
GBTI6,100669,000372
WASIL4,3001,135,000254
Micro Options4,000768,000554
VDO3,900489,000372
SVDP3,900811,0001372
SRDO3,500766,000454
OSDI2,000923,000354
APMBL1,8001,401,000354
BEDF1,400209,000372
KCDO80094,000172
Please note that the information you are viewing is 84 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Gatsby Microfinance Ltd Head OfficeKampala, Central RegionPO Box 8752
Data approved: 2012-07-20
Data version: 2
Age of data: 84 months

Product

Gatsby Microfinance General Loan Product 1 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 2,981,915,068
Portfolio (USD)USD 1,192,766
Active Clients with Loans736
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This is a general loan product where GATSBY offers loans within a short processing time and at a higher interest rate than the Myc4 loan product.
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 visitsx
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
OtherThe type of business must be in line with the company mission
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution3
# Regions for this product3
Regions ActiveCentral, Eastern, Western

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 1,000,000
Maximum loan size30,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,0000
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 term6.0 months
Longest loan term24.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months15%
Between 7 and 9 months5%
Between 10 and 12 months20%
Between 13 and 18 months60%
Longer than 18 months0
Grace Period
Grace period usage10%
Average grace period0.3 months
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 MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan CommissionStamp duty
% of loan amount - min2.00%0
% of loan amount - max2.00%0
OR, Fixed amount - min05,000
Fixed amount - max05,000
Reason for variationN/AN/A
Appears on Repayment Sched?YesYes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionLoan Insurance
% of loan amount - min1.00%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation1% for loans < 12 months, 1.5% for loans > 12 months
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forSome
CriteriaRequired for clients without registerd securities e.g. car log books & land titles
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
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 depositEnd Term
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

Gatsby Microfinance General Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountUGX 1,500,000UGX 3,000,000UGX 6,000,000UGX 8,000,000UGX 13,000,000
Loan Cycle (1, 2, 3, etc)12341
Disbursement Date2012-04-232012-04-272012-05-162012-03-212012-04-05
Loan Term (Months)6.0 months12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.1 months0.2 months0.2 months0.2 months0.1 months
Total Cost of CreditUGX 275,000UGX 995,000UGX 1,985,000UGX 2,645,000UGX 4,295,000
True Price by Comp         
Interest price component46.9%49.1%49.1%49.1%49.2%
Fee Component8.0%4.3%4.1%4.0%4.0%
Insurance Component3.6%2.0%2.0%2.0%2.1%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component10.8%10.2%10.2%10.2%10.1%
Full APR (int fee ins tax dep)69.3%65.6%65.4%65.3%65.4%
Transparency Index4346464646
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Gatsby Microfinance General Loan Price Graphs


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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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