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

Attakaddoum Product 6 of 10 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (MAD)MAD 212,010,000
Portfolio (USD)USD 24,942,352.94
Active Clients with Loans9,600
Approximate % Female Clients0% - 20%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
ATTAKADOUM est un prêt individuel consenti aux commerçants et artisans du secteur formel pour le développement de leurs micro-entreprises
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherFinancement du Fonds de Roulement ou Investissement
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visitsx
Business trainingx
Other trainingx
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
Other
Other (2)
# 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 10,000
Maximum loan size50,000
Distribution at Disbursement (Est.)
Loans less than MAD 5,0000
MAD 5,000-15,0005%
MAD 15,000-25,00020%
MAD 25,000-35,00015%
MAD 35,000-45,00030%
Greater than MAD 45,00030%
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term48.0 months
Approx average36.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months5%
Between 13 and 18 months5%
Longer than 18 months90%
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 interest1.40%
Highest quoted nominal interest1.40%
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 être de nationalité Marocaine, opérer dans le secteur formel et être apte à exercer une activité génératrice de revenu

Full Pricing Data

Attakaddoum samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountMAD 10,000MAD 20,000MAD 31,000MAD 40,000MAD 50,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-01-162013-03-122013-03-012013-04-172013-07-11
Loan Term (Months)21.0 months23.0 months28.0 months45.0 months45.0 months
Grace Period (Months)0.4 months0.4 months0.3 months0.4 months0.4 months
Total Cost of CreditMAD 1,878MAD 3,996MAD 7,355MAD 15,127MAD 18,687
True Price by Comp         
Interest price component17.0%16.9%17.1%17.0%17.0%
Fee Component3.3%2.3%1.7%1.0%1.1%
Insurance Component0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)20.3%19.2%18.8%18.0%18.1%
Transparency Index8387899393
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Attakaddoum Price Graphs


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
Loading...
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

Total Borrowers of Samples

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