Please note that the information you are viewing is 133 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Banco ProCredit Av. Vladimir Lenine No. 210P.O. Box 1636Maputo
Data approved: 2013-06-05
Data version: 2
Age of data: 133 months

Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.bancoprocredit.co.mz/
Year established2000
Head of InstitutionYann Groeger
Regions activeMaputo Capital, Maputo Province, Gaza, Sofala, Nampula
# Branches19

Total Portfolio (nat'l)MZN 795,661,896.60
Total Portfolio (USD)USD 26,173,088.70
Active clients with loans4,626
Approximate % female clients20% - 40%
Approximate % urban clients80% - 100%
Network affiliationsProCredit Group
FundersProCredit Holding AG, DOEN Foundation, Fundo de Fomento de Habitacao

Loan Products » Summary

Retired Product
Retired Product
This institution does not currently offer microloans, reported to MFTransparency on 2013-06-05
Please note that the information you are viewing is 126 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: 126 months

Product

Al Intilaka Product 1 of 10 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (MAD)MAD 775,008,000
Portfolio (USD)USD 91,177,411.76
Active Clients with Loans148,447
Approximate % Female Clients60% - 80%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
AL INTILAKA est le premier produit évotif proposé dans le cadre du programme de micro-crédit de la FBPMC.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherFinancement du fonds de roulement ou d'investissement
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visitsx
Business trainingx
Other trainingx
OtherFormation Initiale pour les nouveaux clients
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
Other
Other (2)Jouir d'une bonne moralité
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution12
# Regions for this product12
Regions ActiveTangier-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
CurrencyMAD
Minimum loan sizeMAD 3,000
Maximum loan size20,000
Distribution at Disbursement (Est.)
Loans less than MAD 5,00010%
MAD 5,000-15,00070%
MAD 15,000-25,00020%
MAD 25,000-35,0000
MAD 35,000-45,0000
Greater than MAD 45,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term30.0 months
Approx average16.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months5%
Between 10 and 12 months30%
Between 13 and 18 months50%
Longer than 18 months15%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeksx
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.10%
Highest quoted nominal interest2.10%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionFrais de dossierCommission d'accompagnement solidaire (CAS)
% of loan amount - min01.50%
% of loan amount - max01.50%
OR, Fixed amount - min1250
Fixed amount - max1250
Reason for variationN/AN/A
Appears on Repayment Sched?YesYes
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 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
Additional Comments
Le client doit exercer / débuter une activité et n’ayant pas accès au crédit bancaire/ ne doit pas employer plus de 5 salariés/ doit faire partie d'un groupe solidaire.

Full Pricing Data

Al Intilaka samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountMAD 3,000MAD 5,000MAD 10,000MAD 20,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-04-042013-04-262013-03-282013-04-18
Loan Term (Months)9.0 months12.0 months13.0 months23.0 months
Grace Period (Months)0.4 months0.3 months0.4 months0.4 months
Total Cost of CreditMAD 482MAD 875MAD 1,822MAD 5,786
True Price by Comp       
Interest price component25.5%25.6%25.6%25.5%
Fee Component15.2%8.4%5.1%2.4%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)40.7%34.0%30.7%27.9%
Transparency Index62748290
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Al Intilaka Price Graphs


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% Products with one or more insurances
% Products with compulsory deposits
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