| Number borrowers | 4,252 |
| Loan Amount (range) | USD 150 - 15,000 |
| Loan Term (range) | 4 - 72 |
| Other Services (text summary) | Credit Ins |
| Annual Interest & Method | 16.0%-29.0% annual, Decl Bal |
| Fees | upfront 4.00% ongoing |
| Insurance | None |
| Tax | 15.00% Principal |
| Comp Dep | N/A |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 0 (Int+Fee) |
| Insurance Component | 0 - 0.9% |
| Tax Component Range | 0 - 0.6% |
| Full APR (int fee ins tax dep) | 0 |
| Transparency Index (min/max) | -1 - N/A |
| Transparency Index (average) | N/A |
| 521 |
| ZMK 400,000 - 1,200,000 |
| 4 - 10 |
| Record Keeping Training, Household Approach Training, Monthly Monitoring |
| 42.0%-60.0% annual, Flat |
| 10,000.00 upfront |
| None |
| None |
| N/A |
| N/A |
| 68.6% - 96.0% (Int+Fee) |
| 0 - 7.8% |
| 0 |
| 68.6% - 96.0% |
| 0 - N/A |
| 50 |
| Outstanding portfolio (USD) | USD 11,355,954 |
| Portfolio (USD) | USD 11,355,954 |
| Active Clients with Loans | 4,252 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 40% - 60% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | Capital de operación |
| Other (2) | Capital de inversión |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | minimo 18 años y maximo 65 años |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (ZMK) | ZMK 241,506,390 |
| Portfolio (USD) | USD 46,667.90 |
| Active Clients with Loans | 521 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | Record Keeping Training |
| Other (2) | Household Approach Training, Monthly Monitoring |
| No other services |
| Men | x |
| 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 | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | USD |
| Minimum loan size | USD 150 |
| Maximum loan size | 15,000 |
| Shortest loan term | 4.0 months |
| Longest loan term | 72.0 months |
| Approx average | 38.0 months |
| Grace period usage | 10% |
| Average grace period | 3.0 months |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | |
| Every 12 months | |
| Single end payment | x |
| Irregular payments | x |
| Currency | ZMK |
| Minimum loan size | ZMK 400,000 |
| Maximum loan size | 1,200,000 |
| Shortest loan term | 4.0 months |
| Longest loan term | 10.0 months |
| Approx average | 6.0 months |
| Grace period usage | 10% |
| Average grace period | 0.5 months |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 16.00% |
| Highest quoted nominal interest | 29.00% |
| Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Collateral, Loan Purpose |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | Yes |
| Is rate fixed for entire loan term | No |
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | Yes |
| Percentage of fees | 0 |
| All or some fees taxed | N/A |
| Lowest quoted nominal interest | 3.50% |
| Highest quoted nominal interest | 5.00% |
| Reason(s) why interest rate varies | Loan Size |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Application Fee |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 10,000 |
| Fixed amount - max | 10,000 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | ZMK 400,000 | ZMK 600,000 | ZMK 1,200,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2011-06-13 | 2011-06-06 | 2011-05-30 | ||
| Loan Term (Months) | 4.0 months | 4.0 months | 5.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | Not Known | Not Known | Not Known | ||
| True Price by Comp | |||||
| Interest and Fee Component | 96.0% | 94.2% | 68.6% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 96.0% | 94.2% | 68.6% | ||
| Transparency Index | 44 | 45 | 61 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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