- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AGFS	200	47,000	2	151
Ahantaman RB	23,800	9,896,000	4	133
APED	13,700	1,876,000	2	133
ASA Initiative	4,400	577,000	4	133
ASA-Ghana	71,600	18,385,000	2	133
ASPI	800	88,000	6	133
Atwima Kwanwoma	3,800	1,788,000	2	133
Baobab	5,100	967,000	2	133
BestFUND	13,000	4,172,000	3	133
Bonzali Rural	10,400	1,691,000	4	151
CashPhase	83	135,000	2	133
CASUD	1,100	524,000	1	133
CEDEF	500	54,000	4	133
CFF	100	13,000	1	133
CRAN	3,600	1,019,000	2	133
DQF	1,700	63,000	2	133
EASL	9,200	11,409,000	6	133
East Mamprusi	12,500	2,268,000	4	133
ELDA	0	0	0	133
EMPRETEC Ghana	200	56,000	2	133
FASL	13,500	14,047,000	8	133
Grameen Ghana	9,500	507,000	3	133
ID-Ghana	5,600	953,000	3	133
Innovative Finance	2,700	354,000	3	133
Kraban Support	7,700	781,000	5	151
KRB	4,000	6,350,000	3	133
Lower Pra RB	34,000	6,316,000	3	151
Maata-N-Tudu	12,000	941,000	4	133
Mail Finance	300	288,000	1	133
Markaz	0	0	0	133
Markaz Al Bishara	100	17,000	1	133
MicrofinPlus Gh	1,100	251,000	2	133
Nwabiagya RB	4,000	2,265,000	3	133
OISL	62,000	27,232,000	9	133
Pro Credit	0	0	0	133
Rich Step	100	101,000	1	133
SAT	147,600	29,359,000	4	133
Sekam Trust	600	137,000	2	133
Simli Pong	8,900	463,000	3	151
SS Ghana	200	35,000	1	133
TCCU	100	32,000	3	133
The Bridge	400	32,000	3	151
Union RB	3,800	2,361,000	4	133

Please note that the information you are viewing is 127 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Attawfiq MF 3, rue Docteur VeyreRésidence PatioCasablanca, 20070

Data approved: 2013-09-12

Data version: 1

Age of data: 127 months

Download Data

Analyze Data

Product

Al Fardi Product 7 of 10 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (MAD)	MAD 263,107,000
Portfolio (USD)	USD 30,953,764.71
Active Clients with Loans	28,053
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

AL FARDI est une option qui peut être octroyé dès la première marche des produits offerts par la FBPMC, à côté de loption de crédit solidaire

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other	Financement du Fonds de Roulement ou d'investissement
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance
Workplace visits	x
Business training	x
Other training	x
Other	Formation Initiale pour les nouveaux clients
Other (2)
No other services

Eligibility

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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	12
# Regions for this product	12
Regions Active	Tangier-Tétouan, East and the Rif, Fes-Meknes, Rabat-Sale-Kenitra, Beni Mellal-Khenifra, Settat-Casablanca, Marrakesh-Safi, Drâa-Tafilalt, Souss-Massa, Guelmim-Oued NounEl Aiun-Saguia al Hamra, Dakhla-Oued Addahab

Loan Conditions

Loan Amount

Currency	MAD
Minimum loan size	MAD 7,000
Maximum loan size	50,000

Distribution at Disbursement (Est.)

Loans less than MAD 5,000	0
MAD 5,000-15,000	40%
MAD 15,000-25,000	50%
MAD 25,000-35,000	5%
MAD 35,000-45,000	5%
Greater than MAD 45,000	5%

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	48.0 months
Approx average	21.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	0
Between 7 and 9 months	0
Between 10 and 12 months	10%
Between 13 and 18 months	40%
Longer than 18 months	50%

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly	x
Every 2 weeks	x
Every 4 weeks	x
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	2.20%
Highest quoted nominal interest	2.20%
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1	Fee 2
Description	Frais de dossier	Commission d'accompagnement solidaire (CAS)
% of loan amount - min	0	1.50%
% of loan amount - max	0	1.50%
OR, Fixed amount - min	125	0
Fixed amount - max	125	0
Reason for variation	N/A	N/A
Appears on Repayment Sched?	Yes	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Additional Comments

Le client doit avoir bénéficié du prêt AL INTILAKA, avoir un historique de crédit solide et disposer dun compte dans une agence Banque Polulaire.

Full Pricing Data

Al Fardi samples

	Sample 1	Sample 2	Sample 3
Loan Amount	MAD 10,000	MAD 20,000	MAD 30,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2013-04-24	2013-04-19	2013-04-25
Loan Term (Months)	9.0 months	23.0 months	17.0 months
Grace Period (Months)	0.4 months	0.3 months	0.4 months
Total Cost of Credit	MAD 1,427	MAD 6,144	MAD 6,826
True Price by Comp
Interest price component	26.5%	26.5%	26.8%
Fee Component	6.9%	2.4%	2.8%
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)	33.4%	28.9%	29.6%
Transparency Index	79	91	89

Original Repayment Schedule	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF

Al Fardi Price Graphs

Click to view Price Analysis Tool

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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Additional Comments

Full Pricing Data

Al Fardi samples

Al Fardi Price Graphs

Total Borrowers of Samples

Learn More

MFTransparency News

Explore Resources