2. Goshen
Please note that the information you are viewing is 154 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Goshen Finance S.A NyarugengeKigaliPO Box 4787
Data approved: 2011-09-16
Data version: 1
Age of data: 154 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established2006
Head of InstitutionMunyankumburwa Samuel
Regions activeBugesera, Burera, Gasabo, Gatsibo, Gicumbi, KamonyiKayonza, Kicukiro, Muhanga, Musanze, Nyagatare, Nyanza, Nyarugenge
# Branches4

Total Portfolio (nat'l)RWF 2,378,245,166
Total Portfolio (USD)USD 3,716,008.07
Active clients with loans2,076
Approximate % female clients20% - 40%
Approximate % urban clients20% - 40%
Network affiliationsAMIR
FundersBanqu Nationale Du Rwanda, Banque Rwandaise De Development

Loan Products » Summary

Agri-Elevage
444 Borrowers
USD 658,224.40 Portfolio
Active Product
Autres
1,127 Borrowers
USD 1,022,369.35 Portfolio
Active Product
Commerce
331 Borrowers
USD 1,215,800.97 Portfolio
Active Product
Construction
119 Borrowers
USD 623,003.02 Portfolio
Active Product
Transport
55 Borrowers
USD 196,610.34 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agri-Elevage Loan RWF 1,000,000 - 15,000,000 6 - 36 0% - 20% 0% - 20% Business Women, Men Credit Ins, Tech Asst Visits, Business Training
Autres Credits RWF 100,000 - 10,000,000 1 - 24 0% - 20% 40% - 60% Consumer, Education, Other Women, Men Business Training, Other Training
Commerce Loan RWF 500,000 - 30,000,000 6 - 36 20% - 40% 80% - 100% Business Women, Men, Have business Credit Educ, Credit Ins, Business Training
Construction Loan RWF 500,000 - 30,000,000 12 - 60 20% - 40% 60% - 80% Business, Housing, Consumer Women, Men, Have business Credit Educ, Credit Ins, Business Training
Equipement pour le Transport Loan RWF 1,000,000 - 10,000,000 12 - 36 0% - 20% 60% - 80% Business, Consumer Women, Men, Have business Credit Ins, Business Training, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agri-Elevage Loan 16.00% annual, Decl Bal 1 Fee 1 Ins None N/A 14.1% - 56% 14.7% - 57.3% 58
Autres Credits 16.00% annual, Decl Bal 1 Fee 1 Ins None N/A 15.4% - 72% 16.1% - 72% 45
Commerce Loan 16.00% annual, Decl Bal 1 Fee 1 Ins None N/A 15.1% - 20% 18.7% - 49.9% 61
Construction Loan 16.00% annual, Decl Bal 1 Fee 1 Ins None N/A 16.9% - 18.1% 16.9% - 19% 88
Equipement pour le Transport Loan 16.00% annual, Decl Bal 1 Fee 1 Ins None N/A 17.5% - 18.8% 18.6% - 19.4% 83
Institution Price Graph
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  2. AfricaWorks
Please note that the information you are viewing is 112 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

AfricaWorks Fialho de Almeida 69Maputo
Data approved: 2015-03-20
Data version: 3
Age of data: 112 months
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Product

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Product Details

Key Statistics
Outstanding portfolio (MZN)MZN 39,944,556.50
Portfolio (USD)USD 1,181,791.61
Active Clients with Loans5,679
Approximate % Female Clients60% - 80%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity group
Village bankingx
Self help group
Other
Description
Isento de garantias fisicas; Benefecia micro-negociantes; Numero de membros igual ou superior a 10; A responsabilidade e solidaria tanto na seleio de clientes, como nos reembolsos
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
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 groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution6
# Regions for this product6
Regions ActiveMaputo Capital, Maputo Province, Inhambane, Gaza, Manica, Tete

Loan Conditions

Loan Amount
CurrencyMZN
Minimum loan sizeMZN 3,000
Maximum loan size30,000
Distribution at Disbursement (Est.)
Loans less than MZN 5,00030%
MZN 5,000-10,00030%
MZN 10,000-20,00030%
MZN 20,000-40,00010%
MZN 40,000-60,0000
Greater than MZN 60,0000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term6.0 months
Approx average4.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months100%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeksx
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest4.00%
Highest quoted nominal interest4.00%
Interest rate period4 Weeks
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 forSome
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - 20.00%
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

Grupo Comunitario samples
Loan Amount
Type of Sample
Disbursement Date
Loan Term (Months)
Grace Period (Months)
Total Cost of Credit
Full APR (int fee ins tax dep)
True Price by Component
Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
MZN 5,000 Real 2015-02-12 3.9 months N/A MZN 800 83.0% 71.3% 0.0% 0.0% 0.0% 11.7% 63 PDF PDF
MZN 5,000 Generated 2015-03-01 3.7 months N/A MZN 736.44 85.3% 72.7% 0.0% 0.0% 0.0% 12.6% 61 - PDF
MZN 5,000 Real 2015-02-12 3.9 months N/A MZN 800 83.0% 71.3% 0.0% 0.0% 0.0% 11.7% 63 PDF PDF
MZN 5,000 Generated 2015-03-01 3.7 months N/A MZN 736.44 85.3% 72.7% 0.0% 0.0% 0.0% 12.6% 61 - PDF
MZN 3,000 Generated 2015-03-01 5.5 months N/A MZN 718.03 96.6% 82.2% 0.0% 0.0% 0.0% 14.4% 54 - PDF
MZN 12,000 Generated 2015-03-01 5.5 months N/A MZN 2,872.11 105.8% 82.2% 0.0% 0.0% 0.0% 23.6% 49 - PDF
MZN 16,500 Generated 2015-03-01 5.5 months N/A MZN 3,949.15 105.8% 82.2% 0.0% 0.0% 0.0% 23.6% 49 - PDF
MZN 21,000 Generated 2015-03-01 5.5 months N/A MZN 5,026.19 105.8% 82.2% 0.0% 0.0% 0.0% 23.6% 49 - PDF
MZN 26,000 Generated 2015-03-01 5.5 months N/A MZN 6,222.90 105.8% 82.2% 0.0% 0.0% 0.0% 23.6% 49 - PDF
MZN 30,000 Generated 2015-03-01 3.7 months N/A MZN 4,786.85 100.4% 78.5% 0.0% 0.0% 0.0% 21.9% 52 - PDF
Grupo Comunitario 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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