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Institution

Duterimbere - IMF Head OfficeKigaliPO Box 6719
Data approved: 2012-09-27
Data version: 2
Age of data: 135 months

Institution

Grameen Ghana Head OfficeBehind RCCTamale, Northern
Data approved: 2013-03-14
Data version: 2
Age of data: 132 months

Product

Agriculture Loan Product 1 of 3 « Prev | Next »

Product

Agriculture Business Loan Product 1 of 5 « Prev | Next »

Product Summary

Number borrowers2,500
Loan Amount (range)RWF 100,000 - 2,500,000
Loan Term (range)12
Other Services (text summary)Credit Educ, Tech Asst Visits, Business Training
Annual Interest & Method24.00% annual, Flat
Fees1.00% upfront
InsuranceNone
Tax18.00% fees
Comp Dep20.00% upfront
Range of pricing 
Interest Price Component26.1% - 45.7%
Fee Component1.1% - 4.1%
Insurance Component0 - 0.4%
Tax Component Range0.3% - 0.8%
Full APR (int fee ins tax dep)52.0% - 52.3%
Transparency Index (min/max)28 - 54
Transparency Index (average)46

Product Summary

2,281
GHS 400 - 1,000
6 - 12
Credit Educ, Group Mtgs, Other Training, Training in health, nutrition, sanitation, breast-feeding, and malaria prevention.
30.00% annual, Flat
None
None
None
N/A
 
39.6% - 70.8%
0
0
0
45.8%
51 - 91
65

Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 220,979,541
Portfolio (USD)USD 345,280.53
Active Clients with Loans2,500
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Ce type de credit est destine aux clients n'ayant pas des garanties materiel. il finance l'agri elevage.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
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 institution18
# Regions for this product21
Regions ActiveBurera, Gakenke, Gasabo, Gatsibo, Gisagara, Huye, KamonyiKayonza, Kicukiro, Kirehe, Muhanga, Musanze, Ngororero, Nyabihu, Nyagatare, Nyanza, Nyarugenge, Rubavu, Ruhango, Rulindo, Rusizi

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 239,713
Portfolio (USD)USD 121,681.73
Active Clients with Loans2,281
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Designed for the purpose of agriculture production. Both men and women are eligible in groups of up to 50 members, with a loan term between 6-12 months, and a nominal interest rate of 30% flat method.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherAgricultural Production
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business training
Other trainingx
OtherTraining in health, nutrition, sanitation, breast-feeding, and malaria prevention.
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 institution2
# Regions for this product1
Regions ActiveNorthern Region

Loan Conditions

Loan Amount
CurrencyRWF
Minimum loan sizeRWF 100,000
Maximum loan size2,500,000
Distribution at Disbursement (Est.)
Loans less than RWF 500,00060%
RWF 500,000-1,500,00030%
RWF 1,500,000-2,500,00010%
RWF 2,500,000-3,500,0000
RWF 3,500,000-4,500,0000
Greater than RWF 4,500,0000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term12.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period6.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeksx
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 400
Maximum loan size1,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,000100%
GHS 1,000-5,0000
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months60%
Between 7 and 9 months40%
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period3.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 monthsx
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.00%
Highest quoted nominal interest2.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCommission Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited10.00%
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?Yes
Percentage of fees18%
All or some fees taxedSome

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
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

Agriculture Loan samples
Sample 1Sample 2Sample 3
Loan AmountRWF 100,000RWF 200,000RWF 300,000
Loan Cycle (1, 2, 3, etc)135
Disbursement Date2011-11-182012-03-082012-03-08
Loan Term (Months)9.0 months9.0 months9.0 months
Grace Period (Months)3.1 months3.1 months3.1 months
Total Cost of CreditRWF 19,180RWF 38,360RWF 57,540
True Price by Comp     
Interest price component33.6%33.4%33.4%
Fee Component2.0%2.0%2.0%
Insurance Component0.0%0.0%0.0%
Tax Component0.4%0.4%0.4%
Deposit Component16.3%16.2%16.2%
Full APR (int fee ins tax dep)52.3%52.0%52.0%
Transparency Index464646
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Agriculture Business Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 600GHS 700GHS 800
Loan Cycle (1, 2, 3, etc)222
Disbursement Date2012-11-152012-11-152012-11-15
Loan Term (Months)10.0 months10.0 months10.0 months
Grace Period (Months)1.0 month1.0 month1.0 month
Total Cost of CreditGHS 150GHS 175GHS 200
True Price by Comp     
Interest price component45.8%45.8%45.8%
Fee Component0.0%0.0%0.0%
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)45.8%45.8%45.8%
Transparency Index656565
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Agriculture Loan Price Graphs


Agriculture Business 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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