Number borrowers | 365 |
Loan Amount (range) | UGX 500,000 - 625,000,000 |
Loan Term (range) | 3 - 60 |
Other Services (text summary) | Credit Educ, Credit Ins, Tech Asst Visits, Business Training |
Annual Interest & Method | 24.00% annual, Decl Bal |
Fees | 3 fees |
Insurance | 1.10% upfront |
Tax | None |
Comp Dep | 15.00% upfront |
Range of pricing | |
Interest Price Component | 28.2% - 55.7% |
Fee Component | 1.8% - 17.9% |
Insurance Component | 0.8% - 5.2% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 59.8% - 82.1% |
Transparency Index (min/max) | 27 - 69 |
Transparency Index (average) | 33 |
61,742 |
AZN 100 - 8,000 |
3 - 36 |
24.5%-40.0% annual, Decl Bal |
2.00%-3.00% upfront |
None |
None |
N/A |
21.8% - 38.4% |
1.5% - 7.1% |
0 |
0 |
27.9% - 43.0% |
57 - 94 |
70 |
Outstanding portfolio (UGX) | UGX 2,613,153,976 |
Portfolio (USD) | USD 1,005,059.22 |
Active Clients with Loans | 365 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 40% - 60% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | |
Credit insurance | x |
Workplace visits | x |
Business training | x |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 3 |
# Regions for this product | 3 |
Regions Active | Central, Eastern, Western |
Outstanding portfolio (AZN) | AZN 58,950,239 |
Portfolio (USD) | USD 75,577,229.49 |
Active Clients with Loans | 61,742 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 8 |
# Regions for this product | 8 |
Regions Active | Absheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-Shirvan, Nakhichevan |
Currency | UGX |
Minimum loan size | UGX 500,000 |
Maximum loan size | 625,000,000 |
Loans less than UGX 1,000,000 | 10% |
UGX 1,000,000-5,000,000 | 10% |
UGX 5,000,000-7,500,000 | 10% |
UGX 7,500,000-10,000,000 | 10% |
UGX 10,000,000-13,000,000 | 10% |
Greater than UGX 13,000,000 | 10% |
Shortest loan term | 3.0 months |
Longest loan term | 60.0 months |
Approx average | 18.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 20% |
Between 7 and 9 months | 20% |
Between 10 and 12 months | 20% |
Between 13 and 18 months | 20% |
Longer than 18 months | 20% |
Grace period usage | 10% |
Average grace period | 3.0 months |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | x |
Every 6 months | |
Every 12 months | |
Single end payment | x |
Irregular payments |
Currency | AZN |
Minimum loan size | AZN 100 |
Maximum loan size | 8,000 |
Loans less than AZN 1,000 | 40% |
AZN 1,000-5,000 | 60% |
AZN 5,000-8,000 | 0 |
AZN 8,000-11,000 | 0 |
AZN 11,000-14,000 | 0 |
Greater than AZN 14,000 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 36.0 months |
Approx average | 14.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 60% |
Between 13 and 18 months | 40% |
Longer than 18 months | 0 |
Grace period usage | 10% |
Average grace period | 3.0 months |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 24.00% |
Highest quoted nominal interest | 24.00% |
Reason(s) why interest rate varies | Loan Size |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | No |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Loan Processing Fee | Loan Application Fee | |
% of loan amount - min | 2.00% | 0 | |
% of loan amount - max | 2.00% | 0 | |
OR, Fixed amount - min | 0 | 20,000 | |
Fixed amount - max | 0 | 50,000 | |
Reason for variation | N/A | 20,000 for loans up to 50M & 50,000 for loans over 50M | |
Appears on Repayment Sched? | No | No |
Fee 1 | |
---|---|
Description | Monitoring Fee |
% of loan amount - min | 0.50% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | 1.0% for loans up to 50M & 0.5% for loans over 50M |
Appears on Repayment Sched? | No |
Ins 1 | |
---|---|
Description | Insurance Fee |
% of loan amount - min | 1.10% |
% of loan amount - max | 1.10% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | No |
Do borrowers control deposit in their group? | No |
% loan amount deposited | 15.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | Final Pmt |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 24.50% |
Highest quoted nominal interest | 40.00% |
Reason(s) why interest rate varies | Branch, Loan Size |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Commission Fee |
% of loan amount - min | 2.00% |
% of loan amount - max | 3.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | The variation is due to loan term. 2% on the term upto 12 months and 3% on higher than 12 months |
Appears on Repayment Sched? | No |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | UGX 800,000 | UGX 1,500,000 | UGX 5,000,000 | UGX 5,000,000 | UGX 8,500,000 | UGX 15,000,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2012-09-18 | 2013-03-04 | 2013-01-18 | 2013-03-14 | 2013-03-23 | 2012-11-08 | |||||
Loan Term (Months) | 8.0 months | 6.0 months | 12.0 months | 6.0 months | 12.0 months | 12.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||||
Total Cost of Credit | UGX 189,536 | UGX 269,013 | UGX 1,597,840 | UGX 875,046 | UGX 2,457,868 | UGX 4,247,108 | |||||
True Price by Comp | |||||||||||
Interest price component | 43.7% | 41.0% | 40.1% | 41.0% | 41.1% | 41.4% | |||||
Fee Component | 15.5% | 15.1% | 5.5% | 13.3% | 6.8% | 5.9% | |||||
Insurance Component | 3.0% | 3.7% | 1.7% | 3.6% | 2.0% | 2.1% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 19.9% | 18.9% | 12.5% | 18.2% | 15.6% | 15.6% | |||||
Full APR (int fee ins tax dep) | 82.1% | 78.7% | 59.8% | 76.1% | 65.5% | 65.0% | |||||
Transparency Index | 29 | 30 | 40 | 32 | 37 | 37 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Loan Amount |
Type of Sample |
Disbursement Date |
Loan Term (Months) |
Grace Period (Months) |
Total Cost of Credit |
Full APR (int fee ins tax dep) |
True Price by Component |
Transparency Index |
Original Repayment Schedule |
MFT Pricing Calculation |
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest price component |
Fee Component |
Insurance Component |
Tax Component |
Deposit Component |
||||||||||
AZN 10,000 | Real | 2014-10-01 | 24.4 months | N/A | AZN 3,897 | 34.3% | 31.0% | 3.3% | 0.0% | 0.0% | 0.0% | 71 | ||
AZN 10,000 | Generated | 2014-10-01 | 24.3 months | 0.0 months | AZN 3,814.64 | 33.9% | 30.6% | 3.3% | 0.0% | 0.0% | 0.0% | 72 | - | |
AZN 5,000 | Real | 2014-06-06 | 12.2 months | N/A | AZN 1,225 | 43.0% | 37.0% | 6.0% | 0.0% | 0.0% | 0.0% | 86 | ||
AZN 5,000 | Generated | 2014-10-01 | 12.1 months | 0.0 months | AZN 1,142.69 | 40.5% | 36.5% | 4.0% | 0.0% | 0.0% | 0.0% | 61 | - | |
AZN 100 | Generated | 2014-10-01 | 12.1 months | 0.0 months | AZN 19.91 | 35.6% | 31.6% | 4.0% | 0.0% | 0.0% | 0.0% | 69 | - | |
AZN 115 | Generated | 2014-10-01 | 24.3 months | 0.0 months | AZN 49.88 | 37.7% | 35.5% | 2.2% | 0.0% | 0.0% | 0.0% | 65 | - | |
AZN 720 | Generated | 2014-10-01 | 12.1 months | 0.0 months | AZN 139.15 | 34.6% | 30.6% | 4.0% | 0.0% | 0.0% | 0.0% | 71 | - | |
AZN 960 | Generated | 2014-10-01 | 12.1 months | 0.0 months | AZN 225.09 | 41.5% | 37.4% | 4.1% | 0.0% | 0.0% | 0.0% | 59 | - | |
AZN 2,400 | Generated | 2014-10-01 | 12.1 months | 0.0 months | AZN 577 | 42.4% | 38.4% | 4.0% | 0.0% | 0.0% | 0.0% | 58 | - | |
AZN 2,760 | Generated | 2014-10-01 | 24.3 months | 0.0 months | AZN 857.46 | 27.9% | 25.7% | 2.2% | 0.0% | 0.0% | 0.0% | 88 | - |
Key Statistics | |
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# 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 |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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Std Dev | ||||||
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By Country | ||||||
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