Please note that the information you are viewing is 136 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: 136 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addressN/A
Year established2005
Head of InstitutionMr. Kisembo Patrick
Regions activeWestern
# Branches2

Total Portfolio (nat'l)UGX 721,685,949
Total Portfolio (USD)USD 288,674.38
Active clients with loans4,832
Approximate % female clients20% - 40%
Approximate % urban clients0% - 20%
Network affiliationsUganda Co-operative Savings and Credit Union Ltd, Mid North Private Sector
FundersTRIAS Uganda

Loan Products » Summary

1,245 Borrowers
USD 86,798 Portfolio
Active Product
370 Borrowers
USD 36,972 Portfolio
Active Product
35 Borrowers
USD 5,562 Portfolio
Low Volume Product
25 Borrowers
USD 6,964 Portfolio
Low Volume Product
20 Borrowers
USD 8,015 Portfolio
Low Volume Product
Retired Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture Lima Loan UGX 10,000 - 30,000,000 1 - 8 20% - 40% 0% - 20% Any Purpose Women, Men, Have home or land Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Commercial Loan UGX 50,000 - 10,000,000 1 - 6 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture Lima Loan 30.00% annual, Flat 1 Fee 1 Ins None 20.00% upfront 31.2% - 56% 41.1% - 86.8% 51
Commercial Loan 30.00%-36.00% annual, Flat 1 Fee 1 Ins None 20.00% upfront 53.9% - 64.7% 69.1% - 99% 35
Institution Price Graph
Please note that the information you are viewing is 133 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Data approved: 2013-06-25
Data version: 2
Age of data: 133 months

Product

Farm Inputs Loan Product 3 of 11 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (KES)KES 1,515,150.23
Portfolio (USD)USD 18,298.92
Active Clients with Loans87
Approximate % Female Clients40% - 60%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Targets farmers who are in need of farm inputs.
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 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 land
Must be a salaried worker
Must be specific age group
OtherMust be a farmer
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution5
# Regions for this product5
Regions ActiveCentral, Eastern, Nairobi, Rift Valley, Western

Loan Conditions

Loan Amount
CurrencyKES
Minimum loan sizeKES 5,000
Maximum loan size100,000
Distribution at Disbursement (Est.)
Loans less than KES 50,000100%
KES 50,000-150,0000
KES 150,000-250,0000
KES 250,000-350,0000
KES 350,000-450,0000
Greater than KES 450,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average9.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months5%
Between 10 and 12 months90%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage70%
Average grace period0.5 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest22.00%
Highest quoted nominal interest22.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionLoan Processing 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
Ins 1
DescriptionInsurance Fee
% of loan amount - min2.00%
% of loan amount - max2.00%
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?No
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedKES 100
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid0.50%
Maximum interest rate paid0.50%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?No

Full Pricing Data

Farm Inputs Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountKES 5,000KES 20,000KES 50,000KES 80,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-04-262013-02-192013-02-202013-05-22
Loan Term (Months)6.0 months7.0 months12.0 months6.0 months
Grace Period (Months)0.2 months1.4 months0.2 months0.2 months
Total Cost of CreditKES 700KES 2,800KES 12,500KES 11,200
True Price by Comp       
Interest price component38.1%28.1%38.9%38.1%
Fee Component3.7%2.8%2.0%3.7%
Insurance Component7.6%5.5%4.2%7.6%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component99.0%21.9%30.2%28.9%
Full APR (int fee ins tax dep)148.4%58.3%75.3%78.3%
Transparency Index15382928
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Farm Inputs Loan Price Graphs


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% Products with one or more insurances
% Products with compulsory deposits
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