2. Comicoka
Please note that the information you are viewing is 138 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. NBS
Please note that the information you are viewing is 163 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

COOPEC COMICOKA RUBAVU, Ouest Rwanda506 GISENYI RWA
Data approved: 2011-10-26
Data version: 1
Age of data: -   months 
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Institution

NBS Bank Limited (SME Department) Chipembere HighwayBlantyre, SouthPO Box 32251
Data approved: 2011-01-06
Data version: 1
Age of data: 163 months

Product

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Product

Ordinary SME Loan Product 1 of 1 « Prev | Next »

Product Summary

Number borrowers44
Loan Amount (range)0
Loan Term (range)0
Other Services (text summary)
Annual Interest & Method0.00% annual, 0
Fees
Insurance
Tax
Comp Dep
Range of pricing 
Interest Price ComponentN/A
Fee Component0 - 73.7% (Int+Fee)
Insurance Component0 - 70.9%
Tax Component Range-70.9% - 1.8%
Full APR (int fee ins tax dep)68.0% - 75.4%
Transparency Index (min/max)0 - 95
Transparency Index (average)

Product Summary

540
MWK 200,000 - 1,500,000
1 - 24
Credit Educ, Tech Asst Visits, Business Training, Other Training
24.00%-36.00% annual, Decl Bal
1.00%-3.00% upfront
None
None
N/A
 
N/A
37.9% - 38.3% (Int+Fee)
0
0
37.9% - 38.3%
63
63

Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 6,882,208
Portfolio (USD)USD 11,665
Active Clients with Loans44
Approximate % Female Clients0% - 20%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity group
Village banking
Self help group
Other
Description
CREDIT D'URGENCE NE DEPASSE PAS 3 MOIS.\r
Loan Purpose
Any purposex
Income generation
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 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

Product Details

Key Statistics
Outstanding portfolio (MWK)MWK 200,000,000
Portfolio (USD)USD 512,820.51
Active Clients with Loans540
Approximate % Female Clients0% - 20%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Ordinary SME loans granted to micro, small and medium enterprises. Loans are short term 1 - 12 months and are granted against soft collateral. Credit decision is made within 7 days.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherCan be used for ANY business use
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visitsx
Business trainingx
Other trainingx
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 groupx
OtherFixed business or residential place
Other (2)Produce business records or bank statements
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution4
# Regions for this product4
Regions ActiveLilongwe, Rumphi, Blantyre, Mulanje

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan size0
Maximum loan size0
Loan Term and Grace Period
Shortest loan term0
Longest loan term0
Approx average0
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
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyMWK
Minimum loan sizeMWK 200,000
Maximum loan size1,500,000
Distribution at Disbursement (Est.)
Loans less than MWK 50,0000
MWK 50,000-150,0000
MWK 150,000-250,00010%
MWK 250,000-350,00010%
MWK 350,000-450,00010%
Greater than MWK 450,00010%
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term24.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less20%
Between 4 and 6 months20%
Between 7 and 9 months20%
Between 10 and 12 months20%
Between 13 and 18 months10%
Longer than 18 months10%
Grace Period
Grace period usage10%
Average grace period3.0 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest0
Highest quoted nominal interest0
Interest rate period
Interest Rate Calculation Method0
Subsidized by funder request?N/A
Is rate fixed for entire loan termN/A
Upfront Fees
Fee 1Fee 2
Descriptioncommissionpaper fee
% of loan amount - min2.00%0
% of loan amount - max2.00%0
OR, Fixed amount - min0600
Fixed amount - max0600
Reason for variation
Appears on Repayment Sched?NoNo
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 for
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
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

Pricing Information

Interest
Lowest quoted nominal interest2.00%
Highest quoted nominal interest3.00%
Reason(s) why interest rate variesLoan Size, Client Risk
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionAdministration Fee
% of loan amount - min1.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
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

Urgence 60% samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountRWF 100,000RWF 200,000RWF 480,000RWF 500,000RWF 580,000RWF 1,500,000
Loan Cycle (1, 2, 3, etc)111111
Disbursement Date2012-03-202012-05-232012-06-042012-08-022012-05-292012-05-23
Loan Term (Months)4.0 months4.0 months4.0 months4.0 months4.0 months4.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component73.7%66.5%68.0%69.3%0.0%71.5%
Insurance Component0.0%0.0%0.0%0.0%70.9%0.0%
Tax Component1.7%1.5%1.6%1.7%-70.9%1.8%
Deposit Component0.0%0.0%0.0%0.0%72.7%0.0%
Full APR (int fee ins tax dep)75.4%68.0%69.6%71.1%72.7%73.3%
Transparency Index000000
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF

Full Pricing Data

Ordinary SME Loan samples
Sample 1Sample 2Sample 3
Loan AmountMWK 250,000MWK 350,000MWK 500,000
Loan Cycle (1, 2, 3, etc)112
Disbursement Date2010-06-022010-06-012009-07-15
Loan Term (Months)12.0 months12.0 months12.0 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 Component38.3%38.1%37.9%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)38.3%38.1%37.9%
Transparency Index636363
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Urgence 60% Price Graphs


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Ordinary SME 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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