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Institution

Micro Bankers Trust Head OfficeLusaka
Data approved: 2011-12-12
Data version: 1
Age of data: 102 months

Product

Dairy Loan Product 1 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ZMK)ZMK 143,000,000
Portfolio (USD)USD 27,632.85
Active Clients with Loans45
Approximate % Female Clients0% - 20%
Approximate % Urban Clients20% - 40%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This facility finanzes small-scale farmers involved in milk-production activities. It finances restocking of animals, medications, transportation, equipment. It has a maximum loan term of 24 months.
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 visits
Business training
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 group
OtherBe in a business or start one; belong to a dairy cooperative
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyZMK
Minimum loan sizeZMK 500,000
Maximum loan size25,000,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term24.0 months
Approx average24.0 months
Grace Period
Grace period usage50%
Average grace period3.0 months
Repayment Frequency
Daily
Weekly
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 interest30.00%
Highest quoted nominal interest30.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionProcessing feeApplication form
% of loan amount - min3.00%0
% of loan amount - max3.00%0
OR, Fixed amount - min020,000
Fixed amount - max020,000
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Life Assurance
% 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 forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Dairy Loan samples
Sample 1Sample 2Sample 3
Loan AmountZMK 3,000,000ZMK 6,000,000ZMK 7,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-02-282011-02-282011-02-28
Loan Term (Months)12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component59.8%59.1%59.0%
Insurance Component4.5%4.5%4.5%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)64.4%63.6%63.5%
Transparency Index474747
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Dairy Loan Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
AGFS20047,000295
Ahantaman RB23,8009,896,000477
APED13,7001,876,000277
ASA Initiative4,400577,000477
ASA-Ghana71,60018,385,000277
ASPI80088,000677
Atwima Kwanwoma3,8001,788,000277
Baobab5,100967,000277
BestFUND13,0004,172,000377
Bonzali Rural10,4001,691,000495
CashPhase83135,000277
CASUD1,100524,000177
CEDEF50054,000477
CFF10013,000177
CRAN3,6001,019,000277
DQF1,70063,000277
EASL9,20011,409,000677
East Mamprusi12,5002,268,000477
ELDA00077
EMPRETEC Ghana20056,000277
FASL13,50014,047,000877
Grameen Ghana9,500507,000377
ID-Ghana5,600953,000377
Innovative Finance2,700354,000377
Kraban Support7,700781,000595
KRB4,0006,350,000377
Lower Pra RB34,0006,316,000395
Maata-N-Tudu12,000941,000477
Mail Finance300288,000177
Markaz00077
Markaz Al Bishara10017,000177
MicrofinPlus Gh1,100251,000277
Nwabiagya RB4,0002,265,000377
OISL62,00027,232,000977
Pro Credit00077
Rich Step100101,000177
SAT147,60029,359,000477
Sekam Trust600137,000277
Simli Pong8,900463,000395
SS Ghana20035,000177
TCCU10032,000377
The Bridge40032,000395
Union RB3,8002,361,000477
Caps / Zoom options
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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