| Number borrowers | 110,592 |
| Loan Amount (range) | UGX 100,000 - 2,000,000 |
| Loan Term (range) | 10 - 12.5 |
| Other Services (text summary) | Credit Educ, Group Mtgs, Business Training |
| Annual Interest & Method | 25.0% annual, Flat |
| Fees | 1.00% upfront |
| Insurance | 1,500.00 upfront |
| Tax | None |
| Comp Dep | 10.0% upfront |
| Range of pricing | |
| Interest Price Component | 41.1% - 61.9% |
| Fee Component | 0.6% - 2.8% |
| Insurance Component | 0.1% - 2.6% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 71.5% - 75.8% |
| Transparency Index (min/max) | 31 - 57 |
| Transparency Index (average) | 33 |
| Outstanding portfolio (UGX) | UGX 31,462,411,024 |
| Portfolio (USD) | USD 12,460,360.80 |
| Active Clients with Loans | 110,592 |
| Approximate % Female Clients | 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | |
| Business training | x |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 4 |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (KHR) | KHR 811,595,000 |
| Portfolio (USD) | USD 205,467.09 |
| Active Clients with Loans | 34 |
| Approximate % Female Clients | 0% - 20% |
| Approximate % Urban Clients | 60% - 80% |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | x |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 22 |
| # Regions for this product | N/A |
| Regions Active |
| Currency | UGX |
| Minimum loan size | UGX 100,000 |
| Maximum loan size | 2,000,000 |
| Loans less than UGX 1,000,000 | 50% |
| UGX 1,000,000-5,000,000 | 50% |
| UGX 5,000,000-7,500,000 | 0 |
| UGX 7,500,000-10,000,000 | 0 |
| UGX 10,000,000-13,000,000 | 0 |
| Greater than UGX 13,000,000 | 0 |
| Shortest loan term | 10.0 months |
| Longest loan term | 12.5 months |
| Approx average | 11.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 100% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 25.00% |
| Highest quoted nominal interest | 25.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Loan Appraisal |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Membership Fee |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 1,500 |
| Fixed amount - max | 1,500 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | No |
| Do borrowers control deposit in their group? | No |
| % loan amount deposited | 10.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | Final Pmt |
| Minimum interest rate paid | 0 |
| Maximum interest rate paid | 0 |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | UGX 350,000 | UGX 700,000 | UGX 1,500,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2012-05-03 | 2012-04-03 | 2012-04-10 | ||
| Loan Term (Months) | 9.0 months | 10.0 months | 9.0 months | ||
| Grace Period (Months) | 0.2 months | 0.4 months | 0.2 months | ||
| Total Cost of Credit | UGX 92,500 | UGX 183,500 | UGX 391,500 | ||
| True Price by Comp | |||||
| Interest price component | 59.0% | 56.5% | 59.0% | ||
| Fee Component | 2.8% | 2.6% | 2.8% | ||
| Insurance Component | 1.2% | 0.6% | 0.2% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 12.8% | 11.8% | 12.6% | ||
| Full APR (int fee ins tax dep) | 75.8% | 71.5% | 74.6% | ||
| Transparency Index | 33 | 35 | 34 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
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| % Products with one or more insurances | |
| % Products with compulsory deposits |
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