Mwalimu Sacco Loan Factor, Prorata calculation
| LOAN FACTOR INCLUSIVE OF PRORATA | DEPOSITS BRACKET | RECOVER MODE | ||||||||
| Loan Code | Loan Type | Repayment Interest Period rate p.a | Rate Deposit
p.m Multiplier |
<300K | 300-
600K |
600-
900 |
Above 900K | |||
| 71 | Vision | 96 | 15 | 1.25 | 5 | 43.54 | 45.55 | 47.73 | 50.12 | P+Int. combined |
| 47 | Super | 84 | 14 | 1.17 | 4 | 42.11 | 43.96 | 45.97 | 48.20 | P+Int. combined |
| 86 | Ufanisi | 72 | 14.5 | 1.21 | 4 | 39.46 | 41.08 | 42.84 | 44.76 | P+Int. combined |
| 45 | Development | 48 | 13.5 | 1.13 | 4 | 31.17 | 32.17 | 33.25 | 34.39 | P+Int. combined |
| 36 | Normal | 36 | 12 | 1.00 | 3 | 23.38 | 23.94 | 24.52 | 25.14 | P+Int. Separate |
| 76 | Wezesha | 72 | 13.5 | 1.13 | 4 | 35.69 | 37.02 | 38.44 | 39.98 | P+Int. combined |
| 12&13 | Eme/Fee | 24 | 12 | 1.00 | 5 | 17.63 | 17.96 | 18.2 | 18.6 | P+Int. Separate |
| LOAN FACTORS EXCLUSIVE OF PRORATA
(where additional loan is less than than the first one) |
DEPOSITS BRACKET | |||||||||
| Loan Code | Loan Type | Repayment Period | Interest rate p.a | Rate p.m | Deposit <300K Multiplier | 300-
600K |
600-
900 |
Above 900K | ||
| 71 | Vision | 96 | 15 | 1.25 | 5 | 55.71 | 55.71 | 55.71 | 55.71 | P+Int. combined |
| 47 | Super | 84 | 14 | 1.17 | 5 | 53.34 | 53.34 | 53.34 | 53.34 | P+Int. combined |
| 45 | Development | 48 | 13.5 | 1.13 | 5 | 36.92 | 36.92 | 36.92 | 36.92 | P+Int. combined |
| 36 | Normal | 36 | 12 | 1.00 | 5 | 26.47 | 26.47 | 26.47 | 26.47 | P+Int. Separate |
| 12&13 | Eme/Fee | 24 | 12 | 1.00 | 5 | 19.35 | 19.35 | 19.35 | 19.35 | P+Int. Separate |
NB//…. TOTAL LOANS SHALL NOT EXCEED DEPOSITS X5
| DEPOSIT BANDING | PRORATA RATE |
| <300,000 | 0.50% |
| 300,001-600,000 | 0.40% |
| 600,001-900,000 | 0.30% |
| ABOVE 900,000 | 0.20% |
TSC advertised vacancies 2021 per County (Kitui)