2. MCBL
Please note that the information you are viewing is 129 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. VF Cambodia
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

Mwanga Community Bank MwangaKilimanjaroPO Box 333
Data approved: 2013-04-09
Data version: 2
Age of data: 129 months
Choose version

Institution

VisionFund Cambodia #20, Street 71, Sangkat Tonle Basac,Chamkar Morn DistrictPhnom PenhPO Box 479
Data approved: 2013-04-04
Data version: 3
Age of data: 133 months
Choose version

Product

Group Loans Product 2 of 7 « Prev | Next »

Product

Small Business Loan - Solidarity Group - USD Product 15 of 21 « Prev | Next »

Product Summary

Number borrowers672
Loan Amount (range)TZS 100,000 - 2,200,000
Loan Term (range)3 - 6
Other Services (text summary)Business Training
Annual Interest & Method30.00% annual, Flat
Fees2.00% upfront
Insurance0.65% upfront
TaxNone
Comp Dep15.00% upfront
Range of pricing 
Interest Price Component29.1% - 53.4%
Fee Component1.5% - 8.5%
Insurance Component0.5% - 2.8%
Tax Component Range0
Full APR (int fee ins tax dep)78.8% - 86.5%
Transparency Index (min/max)25 - 75
Transparency Index (average)37

Product Summary

915
USD 151 - 1,000
3 - 24
Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training
32.4%-36.0% annual, Decl Bal
None
None
None
N/A
 
21.5% - 35.9%
0
0
0
33.1% - 33.4%
68 - 100
97

Product Details

Key Statistics
Outstanding portfolio (TZS)TZS 221,703,736
Portfolio (USD)USD 139,436.31
Active Clients with Loans672
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Loans meant for individual who organise themselves into small groups . They should be involved in some form of business enterprise.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
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
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveKilimanjaro

Product Details

Key Statistics
Outstanding portfolio (USD)USD 417,233.71
Portfolio (USD)USD 417,233.71
Active Clients with Loans915
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Small Business Loan refers to any loan used for businesses or income gerating activities that earn income on daily, weekly, fortnightly, or monthly basis e.g. greengrocer's, grocer's, Chinese noodle eatery, coffee shop, food shop, etc.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business trainingx
Other trainingx
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried worker
Must be specific age groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution20
# Regions for this product20
Regions ActiveBanteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh KongKratié, Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey VengSiem Reap, Svay Rieng, Takéo

Loan Conditions

Loan Amount
CurrencyTZS
Minimum loan sizeTZS 100,000
Maximum loan size2,200,000
Distribution at Disbursement (Est.)
Loans less than TZS 350,00020%
TZS 350,000-1,250,00030%
TZS 1,250,000-2,000,00030%
TZS 2,000,000-3,000,00020%
TZS 3,000,000-4,000,0000
Greater than TZS 4,000,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term6.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months100%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeksx
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 151
Maximum loan size1,000
Distribution at Disbursement (Est.)
Loans less than USD 25010%
USD 250-1,00090%
USD 1,000-1,5000
USD 1,500-2,0000
USD 2,000-2,5000
Greater than USD 2,5000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx average18.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months20%
Between 13 and 18 months50%
Longer than 18 months30%
Grace Period
Grace period usage100%
Average grace period1.0 month
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 interest2.50%
Highest quoted nominal interest2.50%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionLoan Facility / Set Up Fee
% of loan amount - min2.00%
% of loan amount - max2.00%
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 Assurance
% of loan amount - min0.65%
% of loan amount - max0.65%
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 forSome
CriteriaFor those withought frequent deposits
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited15.00%
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 paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest2.70%
Highest quoted nominal interest3.00%
Reason(s) why interest rate variesBranch, Client Risk
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
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
Financial education is part of our services to clients. Funeral benefits for clients, spouse, and children are also included as part of the insurance benefit, but we do not charge any additional fee/premium from them, other than interest on loan.

Full Pricing Data

Group Loans samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountTZS 100,000TZS 200,000TZS 400,000TZS 1,000,000TZS 1,500,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-02-042013-01-072013-01-032013-01-082013-01-04
Loan Term (Months)11.0 months11.0 months8.0 months5.6 months11.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditTZS 30,342TZS 60,685TZS 93,677TZS 164,962TZS 455,135
True Price by Comp         
Interest price component53.1%53.1%53.4%53.0%53.1%
Fee Component4.6%4.6%5.9%8.5%4.6%
Insurance Component1.5%1.5%1.9%2.8%1.5%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component19.6%19.6%20.9%22.2%19.6%
Full APR (int fee ins tax dep)78.8%78.8%82.1%86.5%78.8%
Transparency Index3838373538
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Small Business Loan - Solidarity Group - USD samples
Sample 1Sample 2Sample 3
Loan AmountUSD 200USD 300USD 600
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-03-122013-02-202013-02-15
Loan Term (Months)24.0 months24.0 months18.0 months
Grace Period (Months)0.0 months-0.3 months-0.1 months
Total Cost of CreditUSD 72.31USD 99.44USD 156.85
True Price by Comp     
Interest price component33.1%33.3%33.4%
Fee Component0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)33.1%33.3%33.4%
Transparency Index989797
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Group Loans Price Graphs


Click to view Price Analysis Tool
Small Business Loan - Solidarity Group - USD Price Graphs


Click to view Price Analysis Tool
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 ∞