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Institution

Duterimbere - IMF B.P.6719KIGALIB.P. 6719
Data approved: 2011-09-16
Data version: 1
Age of data: -   months 

Product

Group Solidaire Commerce Loan Product 3 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (RWF)RWF 105,608,607
Portfolio (USD)USD 178,998
Active Clients with Loans1,750
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Ce sont des cerdits solidaires accordes aux associations ou groupes de solidarite ou chacun des menbres a la responsabilite conjointe du credit octroye a son groupe de solidarite ou association. Il finance les petits commerces
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 businessx
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
CurrencyRWF
Minimum loan sizeRWF 500,000
Maximum loan size2,500,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term8.0 months
Approx average8.0 months
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 weeksx
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 interest2.00%
Highest quoted nominal interest2.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
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 variation
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?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00% - N/A
or, Fixed-amount deposited0 - N/A
Deposits DURING period payments
% loan amount deposited10.00% - N/A
or, Fixed-amount deposited0 - N/A
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?Yes
Percentage of fees0
All or some fees taxedN/A

Full Pricing Data

Group Solidaire Commerce Loan samples
Sample 1Sample 2Sample 3
Loan AmountRWF 100,000RWF 300,000RWF 500,000
Loan Cycle (1, 2, 3, etc)12Not Known
Disbursement Date2012-04-232012-03-082012-03-27
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 Component32.9%33.3%42.2%
Insurance Component0.0%0.0%0.0%
Tax Component34.8%35.3%40.8%
Deposit Component33.2%33.5%54.2%
Full APR (int fee ins tax dep)101.0%102.1%137.2%
Transparency Index242317
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Group Solidaire Commerce Loan Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
AGFS20047,0002103
Ahantaman RB23,8009,896,000485
APED13,7001,876,000285
ASA Initiative4,400577,000485
ASA-Ghana71,60018,385,000285
ASPI80088,000685
Atwima Kwanwoma3,8001,788,000285
Baobab5,100967,000285
BestFUND13,0004,172,000385
Bonzali Rural10,4001,691,0004103
CashPhase83135,000285
CASUD1,100524,000185
CEDEF50054,000485
CFF10013,000185
CRAN3,6001,019,000285
DQF1,70063,000285
EASL9,20011,409,000685
East Mamprusi12,5002,268,000485
ELDA00085
EMPRETEC Ghana20056,000285
FASL13,50014,047,000885
Grameen Ghana9,500507,000385
ID-Ghana5,600953,000385
Innovative Finance2,700354,000385
Kraban Support7,700781,0005103
KRB4,0006,350,000385
Lower Pra RB34,0006,316,0003103
Maata-N-Tudu12,000941,000485
Mail Finance300288,000185
Markaz00085
Markaz Al Bishara10017,000185
MicrofinPlus Gh1,100251,000285
Nwabiagya RB4,0002,265,000385
OISL62,00027,232,000985
Pro Credit00085
Rich Step100101,000185
SAT147,60029,359,000485
Sekam Trust600137,000285
Simli Pong8,900463,0003103
SS Ghana20035,000185
TCCU10032,000385
The Bridge40032,0003103
Union RB3,8002,361,000485
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
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