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Uganda Finance Trust Plot 121&115, Block 6KatweKampala, Central UgandaPO Box 6972
Data approved: 2012-10-16
Data version: 2
Age of data: 117 months


Personal Development Loan Product 3 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (UGX)UGX 964,651,944
Portfolio (USD)USD 385,861
Active Clients with Loans104
Approximate % Female Clients60% - 80%
Approximate % Urban Clients20% - 40%
Solidarity group
Village banking
Self help group
An affordable loan facility to ease ones cash flow for personal development needs. Helps to grow ones asset base and increase ones income sources. Longer payback period and payable in monthly manageable installments
Loan Purpose
Any purposex
Income generation
Consumer loan
Other household finance
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other (2)
No other services
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age groupx
OtherAge 18 and above. Regular source of income,
Other (2)Collateral must be titled land / comprehensively insured motor vehicle
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution4
# Regions for this product4
Regions ActiveCentral, Eastern, Northern, Western

Loan Conditions

Loan Amount
Minimum loan sizeUGX 500,000
Maximum loan size70,000,000
Distribution at Disbursement (Est.)
Loans less than UGX 1,000,00010%
UGX 1,000,000-5,000,00010%
UGX 5,000,000-7,500,00010%
UGX 7,500,000-10,000,00010%
UGX 10,000,000-13,000,00010%
Greater than UGX 13,000,00010%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx average12.0 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 months5%
Longer than 18 months60%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Every 2 weeks
Every 4 weeks
Every 2 months
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Lowest quoted nominal interest25.00%
Highest quoted nominal interest30.00%
Reason(s) why interest rate variesLoans <5M pay 30% pa flat. Loans between 5M -15M pay 28% flat. Loans >15M pay 30% pa declining.
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan CommissionLoan Processing Fee
% of loan amount - min2.00%2.00%
% of loan amount - max2.00%2.00%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationn/an/a
Appears on Repayment Sched?NoNo
Ongoing Fees
Fee 1
DescriptionMonitoring Fee
% of loan amount - min0.20%
% of loan amount - max0
OR, Fixed amount - min0
Fixed amount - max5,000
Reason for variationCapped at 5000 UGX
Appears on Repayment Sched?Yes
Upfront Insurance Fees
Ins 1
DescriptionLoan Insurance
% of loan amount - min1.00%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation1% < 1 year. 1.5% for loans> 1 year
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
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
Are taxes charged on this product?No
Additional Comments
There are other loan related charges born by the borrower that vary depending on collateral and assessment cost, mortgage & caveat fees, land and motor vehicle searches.

Full Pricing Data

Personal Development Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountUGX 1,000,000UGX 3,000,000UGX 4,000,000UGX 6,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2012-03-232012-07-042012-06-142012-08-31
Loan Term (Months)11.0 months12.0 months12.0 months12.0 months
Grace Period (Months)1.3 months1.0 month1.0 month1.1 months
Total Cost of CreditUGX 320,000UGX 1,110,000UGX 1,460,000UGX 1,860,000
True Price by Comp       
Interest price component47.1%50.2%50.3%42.2%
Fee Component12.4%11.2%10.5%9.6%
Insurance Component2.3%2.2%2.1%2.1%
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)61.8%63.6%62.9%53.9%
Transparency Index40394046
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Personal Development Loan Price Graphs

Institution # Borrowers Portfolio (US$) Products Age of Data
AB Bank300307,0002136
Eclof Zambia200111,0004136
FINCA Zambia43,70016,420,000493
Zambia CRC301,0001136
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
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

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