Please note that the information you are viewing is 83 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Madfa SACCO Head OfficeMasindi, Mid Western RegionPO Box 301
Data approved: 2012-10-17
Data version: 2
Age of data: 83 months

Product

Agriculture Lima Loan Product 1 of 6 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 216,994,200
Portfolio (USD)USD 86,798
Active Clients with Loans1,245
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This is an agricultural loan product which targets individuals with a group and have farm businesses with cash flows that can pay off the loan
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or landx
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 institution1
# Regions for this product1
Regions ActiveWestern

Loan Conditions

Loan Amount
CurrencyUGX
Minimum loan sizeUGX 10,000
Maximum loan size30,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,00010%
UGX 1,000,000-5,000,00010%
UGX 5,000,000-7,500,00010%
UGX 7,500,000-10,000,00015%
UGX 10,000,000-13,000,00015%
Greater than UGX 13,000,00015%
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term8.0 months
Approx average5.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months40%
Between 7 and 9 months60%
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 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

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
Fee 1
DescriptionCommitment Fee
% of loan amount - min1.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation2% for loans < 2M, 1% for loans > 2M
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionAccidental Death Insurance
% 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 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?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
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

Agriculture Lima Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUGX 300,000UGX 800,000UGX 1,500,000UGX 3,200,000UGX 5,600,000UGX 9,600,000
Loan Cycle (1, 2, 3, etc)3211732
Disbursement Date2012-09-112012-08-282012-03-132012-09-262012-07-112012-04-04
Loan Term (Months)6.0 months8.0 months9.0 months5.1 months8.0 months8.0 months
Grace Period (Months)1.0 month1.0 month9.2 months2.0 months8.1 months8.1 months
Total Cost of CreditUGX 54,000UGX 184,000UGX 382,500UGX 464,000UGX 1,232,000UGX 2,112,000
True Price by Comp           
Interest price component48.8%45.1%29.5%41.2%29.7%29.6%
Fee Component7.2%5.1%3.0%3.6%1.6%1.6%
Insurance Component3.7%2.6%1.5%3.6%1.7%1.7%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component27.1%21.4%8.5%18.0%8.2%8.2%
Full APR (int fee ins tax dep)86.8%74.2%42.5%66.4%41.2%41.1%
Transparency Index354071457373
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Agriculture Lima Loan Price Graphs


Please note that the information you are viewing is 103 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

APAS Financial Services Ltd 4th Floor Diamond Trust BuildingKampala, CentralPO Box 9360
Data approved: 2011-06-29
Data version: 1
Age of data: 103 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.apasgroup.com/
Year established2005
Head of InstitutionAmos Ruhongore
Regions activeEastern, Western
# Branches2

Total Portfolio (nat'l)UGX 320,000,000
Total Portfolio (USD)USD 128,000
Active clients with loans320
Approximate % female clients40% - 60%
Approximate % urban clients80% - 100%
Network affiliationsAMFIU, Microfinance Management Institute
Funders

Loan Products » Summary

200 Borrowers
USD 100,000 Portfolio
Active Product
120 Borrowers
USD 28,000 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loans UGX 100,000 - 1,500,000 3 - 6 40% - 60% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Business Training
Individual Business Loans UGX 500,000 - 10,000,000 1 - 6 40% - 60% 80% - 100% Business Women, Men, Have business Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loans 48.00% annual, Flat 1 Fee 0 Ins None N/A 40.1% - 86.6% 40.1% - 86.6% 75
Individual Business Loans 60.00%-120.00% annual, Flat 1 Fee 0 Ins None N/A 86.2% - 87.1% 86.2% - 87.1% 69
Institution Price Graph
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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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