Institution # Borrowers Portfolio (US$) Products Age of Data
1st Valley Bank38,90048,291,0003151
AJDFI13,100884,0006151
ARDCI44,6009,403,0001151
ASA Philippines333,40029,282,0001151
ASHI35,4005,231,0006151
ASKI60,00015,247,0004151
Bangko Kabayan8,9002,373,0002151
BSEI60073,0002151
CBI8,1002,010,0005151
CCT70,3009,504,0004151
CEV35,4005,111,0004151
DSPI59,3003,676,0003151
ECLOF5,4001,836,0004151
FCB12,0002,392,0002151
FMB2,700710,0002151
GM Bank23,5001,553,0003151
HSPFI19,1001,899,0002151
JVOFI1,300281,0001151
Katipunan Bank42,1005,325,0002151
KDCI20,5002,095,0003151
KGI32,3003,421,0004151
KMBI245,00015,098,0001151
LTMPC37,4008,935,0003151
Mallig Plains6,500641,0002151
MILAMDEC29,8003,278,0002151
MWIMPC11,8001,740,0004150
NWTF105,50012,698,0005151
OFMPC4,400964,0001151
PBC50,70010,434,0004151
PCSD700167,0001151
PMPC23,5005,565,0008151
RB Angeles9001,502,0002151
RB Labason500289,0001151
RBLI5,2001,026,0002151
RBMI11,9001,750,0002151
RMB100173,0001151
RSPI39,6002,834,0004151
SAFRAGEMC1,100229,0001151
Salve10,9001,191,0003151
SEDP27,0003,914,0003151
TSKI212,90025,187,0002151
TSPI264,50031,290,0007151
Valient1,700672,0002151
Please note that the information you are viewing is 150 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Buusaa Gonofaa MFI Debrezeit RoadKirkos SubcityAddis AbabaPO Box 24850
Data approved: 2011-12-23
Data version: 1
Age of data: 150 months

Product

General Purpose Loan - Homa Homa - Term Product 3 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 30,000,000
Portfolio (USD)USD 1,630,434.78
Active Clients with Loans22,000
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This loan is for agricultural purposes such as the purchase of fertiliser, seeds, labour etc. The principle is paid at the end of the loan term.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyETB
Minimum loan sizeETB 200
Maximum loan size5,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average9.0 months
Grace Period
Grace period usage100%
Average grace perioddk
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 interest30.00%
Highest quoted nominal interest30.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min0.50%
% of loan amount - max0.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - N/A
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedETB 10 - N/A
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
During rainy season there is no income so clients do not need to pay during these months.

Full Pricing Data

General Purpose Loan - Homa Homa - Term samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountETB 1,000ETB 2,000ETB 3,000ETB 3,500ETB 4,500
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-07-062011-07-052011-07-062011-07-062011-07-06
Loan Term (Months)11.2 months11.2 months11.2 months11.2 months11.2 months
Grace Period (Months)4.0 months4.0 months4.0 months4.0 months4.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component34.2%34.1%34.2%34.2%34.2%
Insurance Component0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component7.5%5.4%4.8%4.6%4.4%
Full APR (int fee ins tax dep)41.8%39.5%39.0%38.8%38.6%
Transparency Index7276777778
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
General Purpose Loan - Homa Homa - Term Price Graphs


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Key Statistics
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# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
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% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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