Mwalimu Sacco Loan Factor, Prorata calculation

Mwalimu Sacco Loan Factor, Prorata calculation

LOAN FACTOR INCLUSIVE OF PRORATA DEPOSITS BRACKETRECOVER MODE
Loan CodeLoan TypeRepayment Interest Period               rate p.aRate     Deposit

p.m    Multiplier

<300K300-

600K

600-

900

Above 900K 
71Vision96151.25543.5445.5547.7350.12P+Int. combined
47Super84141.17442.1143.9645.9748.20P+Int. combined
86Ufanisi7214.51.21439.4641.0842.8444.76P+Int. combined
45Development4813.51.13431.1732.1733.2534.39P+Int. combined
36Normal36121.00323.3823.9424.5225.14P+Int. Separate
76Wezesha7213.51.13435.6937.0238.4439.98P+Int. combined
12&13Eme/Fee24121.00517.6317.9618.218.6P+Int. Separate

 

 

LOAN FACTORS EXCLUSIVE OF PRORATA

(where additional loan is less than than the first one)

 DEPOSITS BRACKET 
Loan CodeLoan TypeRepayment PeriodInterest rate p.aRate p.mDeposit                <300K Multiplier300-

600K

600-

900

Above 900K 
71Vision96151.25555.7155.7155.7155.71P+Int. combined
47Super84141.17553.3453.3453.3453.34P+Int. combined
45Development4813.51.13536.9236.9236.9236.92P+Int. combined
36Normal36121.00526.4726.4726.4726.47P+Int. Separate
12&13Eme/Fee24121.00519.3519.3519.3519.35P+Int. Separate

 

NB//…. TOTAL LOANS SHALL NOT EXCEED DEPOSITS X5

DEPOSIT BANDINGPRORATA RATE
<300,0000.50%
300,001-600,0000.40%
600,001-900,0000.30%
ABOVE 900,0000.20%