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Institution

Rushere Cooperative Savings and Credit Society Ltd Rushere Town BoardNyabushoziKiruhura, Western UgandaPO Box 9
Data approved: 2012-09-14
Data version: 2
Age of data: 137 months

Institution

Kenya Ecumenical Loan Fund (ECLOF) P.O. Box 34889Nairobi
Data approved: 2013-05-29
Data version: 2
Age of data: 134 months

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?No
Website addressN/A
Year established2001
Head of InstitutionByaruhanga Francis
Regions activeWestern
# Branches5

Total Portfolio (nat'l)UGX 1,436,372,327
Total Portfolio (USD)USD 574,548.93
Active clients with loans983
Approximate % female clients20% - 40%
Approximate % urban clients0% - 20%
Network affiliationsAMFIU, Uganda Cooperative Savings and Credit Society, Uganda Cooperative Alliance, The Microfinance Support Centre
Funders

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?No
Website addresshttp://www.eclof-kenya.org/
Year established1994
Head of InstitutionMary Munyiri
Regions activeCentral, Eastern, Nairobi, Nyanza, Rift Valley, Western
# Branches16

Total Portfolio (nat'l)KES 470,400,975
Total Portfolio (USD)USD 5,681,171.20
Active clients with loans19,987
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliationsECLOF International, AMFI
FundersECLOF International, Water.org, Church of Sweden

Loan Products » Summary

963 Borrowers
USD 574,549 Portfolio
Active Product
20 Borrowers
USD 12,000 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Summary

508 Borrowers
USD 111,767.38 Portfolio
Active Product
1,537 Borrowers
USD 328,271.94 Portfolio
Active Product
17,182 Borrowers
USD 4,794,419.57 Portfolio
Active Product
82 Borrowers
USD 13,964.15 Portfolio
Active Product
292 Borrowers
USD 78,317.39 Portfolio
Active Product
629 Borrowers
USD 36,442.09 Portfolio
Active Product
206 Borrowers
USD 63,307.34 Portfolio
Active Product
83 Borrowers
USD 29,045.35 Portfolio
Active Product
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture Loan UGX 500,000 - 30,000,000 6 - 12 20% - 40% 0% - 20% Business, Improvement on family's welfare, social and economic status. Women, Men, Have home or land, Small group of about 5 members Credit Educ, Credit Ins, Tech Asst Visits, Post disbursement monitoring

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Elimu Bora Loan KES 5,000 - 200,000 3 - 12 40% - 60% 0% - 20% Education Women, Men, Have business Credit Educ, Credit Ins
Jinue Loan KES 5,000 - 30,000 6 - 18 40% - 60% 0% - 20% Business, Consumer Women, Men, Have business Credit Educ, Credit Ins
Jiwezeshe Loan KES 5,000 - 300,000 6 - 36 40% - 60% 0% - 20% Business Women, Men, Have business Credit Educ, Credit Ins
Tatua Shida Loan KES 5,000 - 50,000 3 - 6 40% - 60% 0% - 20% Any Purpose Women, Men, Have business Credit Educ, Credit Ins
Ukulima Loan KES 5,000 - 200,000 6 - 12 40% - 60% 20% - 40% Agriculture Women, Men, Have business Credit Educ, Credit Ins
Afya Loan KES 8,666 - 21,420 3 - 12 40% - 60% 20% - 40% Other Women, Men, Have business Credit Educ, Credit Ins
Maji Safi Loan KES 5,000 - 100,000 9 - 24 40% - 60% 20% - 40% Other Women, Men, Have business Credit Educ, Credit Ins
Boma Safi Loan KES 5,000 - 200,000 6 - 24 40% - 60% 20% - 40% Other Women, Men, Have business Credit Educ, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture Loan 36.00% annual, Decl Bal 2 Fees 1 Ins None N/A 35% - 38.8% 37.4% - 41.7% 93

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Elimu Bora Loan 18.0% annual, Flat 1 Fee 1 Ins None N/A 33.1% - 36.1% 36.9% - 40.2% 47
Jinue Loan 22.0% annual, Flat 1 Fee 1 Ins None 10.0%-25.0% upfront 200.00 ongoing 42.8% - 45.3% 108% - 170.1% 16
Jiwezeshe Loan 18.0%-20.0% annual, Flat 1 Fee 1 Ins None 10.0%-25.0% upfront 200.00 ongoing 33.6% - 41.6% 61.6% - 91.2% 23
Tatua Shida Loan 22.0% annual, Flat 1 Fee 1 Ins None N/A 45.4% 53% 42
Ukulima Loan 20.0% annual, Flat 1 Fee 1 Ins None N/A 39.5% - 42% 43.6% - 49.6% 44
Afya Loan 19.0% annual, Flat 1 Fee 1 Ins None N/A 34% - 37.8% 37.7% - 42% 46
Maji Safi Loan 20.0% annual, Flat 1 Fee 1 Ins None N/A 39.5% - 42% 43.6% - 49.6% 44
Boma Safi Loan 20.0% annual, Flat 1 Fee 1 Ins None N/A 36.8% - 42% 39.1% - 49.6% 45

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture Loan 36.00% annual, Decl Bal 2 Fees 1 Ins Ins None N/A 35% - 38.8% 37.4% - 41.7% 93

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Elimu Bora Loan 18.0% annual, Flat 1 Fee 1 Ins Ins None N/A 33.1% - 36.1% 36.9% - 40.2% 47
Jinue Loan 22.0% annual, Flat 1 Fee 1 Ins Ins None 10.0%-25.0% upfront 200.00 ongoing 42.8% - 45.3% 108% - 170.1% 16
Jiwezeshe Loan 18.0%-20.0% annual, Flat 1 Fee 1 Ins Ins None 10.0%-25.0% upfront 200.00 ongoing 33.6% - 41.6% 61.6% - 91.2% 23
Tatua Shida Loan 22.0% annual, Flat 1 Fee 1 Ins Ins None N/A 45.4% 53% 42
Ukulima Loan 20.0% annual, Flat 1 Fee 1 Ins Ins None N/A 39.5% - 42% 43.6% - 49.6% 44
Afya Loan 19.0% annual, Flat 1 Fee 1 Ins Ins None N/A 34% - 37.8% 37.7% - 42% 46
Maji Safi Loan 20.0% annual, Flat 1 Fee 1 Ins Ins None N/A 39.5% - 42% 43.6% - 49.6% 44
Boma Safi Loan 20.0% annual, Flat 1 Fee 1 Ins Ins None N/A 36.8% - 42% 39.1% - 49.6% 45
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