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Institution

Jamii Bora P.O. Box 22741-00400Nairobi
Data approved: 2013-07-02
Data version: 2
Age of data: 101 months

Product

Daraja Individual Product 1 of 8 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (KES)KES 207,665,000
Portfolio (USD)USD 2,508,031.40
Active Clients with Loans1,004
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
A successful Micro Individual borrower with a well-performing business can graduate to this loan to access larger capital.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visits
Business trainingx
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
OtherMust have taken at least 3 Micro Individual loans with a perfect repayment rate.
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution7
# Regions for this product7
Regions ActiveCentral, Coast, Eastern, Nairobi, Nyanza, Rift Valley, Western

Loan Conditions

Loan Amount
CurrencyKES
Minimum loan sizeKES 100,001
Maximum loan size500,000
Distribution at Disbursement (Est.)
Loans less than KES 50,0000
KES 50,000-150,0000
KES 150,000-250,00060%
KES 250,000-350,00030%
KES 350,000-450,0005%
Greater than KES 450,0005%
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term24.0 months
Approx average9.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months100%
Grace Period
Grace period usage0
Average grace period0
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 interest20.00%
Highest quoted nominal interest20.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionChattels 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
DescriptionCredit/Life Insurance 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 Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Daraja Individual samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountKES 105,000KES 200,000KES 300,000KES 500,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-07-312013-08-022013-07-302013-08-23
Loan Term (Months)24.0 months24.0 months24.0 months24.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditKES 44,100KES 84,000KES 126,000KES 210,000
True Price by Comp       
Interest price component34.2%34.2%34.1%34.2%
Fee Component1.0%1.0%1.1%1.0%
Insurance Component1.1%1.1%1.1%1.1%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component15.9%15.9%15.8%15.9%
Full APR (int fee ins tax dep)52.2%52.2%52.1%52.2%
Transparency Index38383838
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Daraja Individual Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
ACSI682,200103,172,0005117
ADCSI176,10030,846,0002118
BG47,0004,048,0004117
DECSI361,00096,304,0007117
Dire4,900828,0004117
DMCPSC1,20069,0001117
Eshet18,8002,392,0003117
Harbu22,4001,757,0002117
Meklit12,2001,395,0004117
Metemamen10,500650,0006117
OCSSCO502,70069,565,0003117
OMO323,60031,385,0004117
PEACE17,2002,462,0003117
SFPI33,6002,750,0003117
Sidama53,4001,162,0006117
Wasasa49,3005,798,0004117
Wisdom MFI45,3005,500,0006114
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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