Number borrowers | 8,462 |
Loan Amount (range) | USD 100 - 25,000 |
Loan Term (range) | 3 - 36 |
Other Services (text summary) | |
Annual Interest & Method | 24.0%-32.0% annual, Decl Bal |
Fees | 2.00%-3.00% upfront |
Insurance | None |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 21.8% - 38.4% |
Fee Component | 1.5% - 7.1% |
Insurance Component | 0 |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 29.4% - 34.3% |
Transparency Index (min/max) | 57 - 94 |
Transparency Index (average) | 74 |
73 |
PKR 100,000 - 300,000 |
24 |
Credit Educ, Business Training, Other Training |
15.0% annual, Flat |
5.00% upfront |
None |
None |
N/A |
25.5% - 37.1% |
5.2% - 10.9% |
0 |
0 |
30.7% - 31.8% |
0 - N/A |
N/A |
Outstanding portfolio (USD) | USD 38,015,232.05 |
Portfolio (USD) | USD 38,015,232.05 |
Active Clients with Loans | 8,462 |
Approximate % Female Clients | 0% - 20% |
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 | |
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 |
Outstanding portfolio (PKR) | PKR 5,284,638 |
Portfolio (USD) | USD 53,924.88 |
Active Clients with Loans | 73 |
Approximate % Female Clients | 0 |
Approximate % Urban Clients | 20% - 40% |
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 | x |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | x |
Other training | x |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | x |
Must be a salaried worker | |
Must be specific age group | x |
Other | |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | 1 |
Regions Active | Punjab |
Currency | USD |
Minimum loan size | USD 100 |
Maximum loan size | 25,000 |
Loans less than USD 1,500 | 10% |
USD 1,500-5,000 | 40% |
USD 5,000-10,000 | 40% |
USD 10,000-15,000 | 5% |
USD 15,000-18,000 | 0 |
Greater than USD 18,000 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 36.0 months |
Approx average | 18.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 30% |
Between 13 and 18 months | 40% |
Longer than 18 months | 30% |
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 |
Currency | PKR |
Minimum loan size | PKR 100,000 |
Maximum loan size | 300,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 0 |
PKR 25,000-50,000 | 0 |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 50% |
Greater than PKR 150,000 | 50% |
Shortest loan term | 24.0 months |
Longest loan term | 24.0 months |
Approx average | 24.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 100% |
Grace period usage | 0 |
Average grace period | 0 |
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 | 32.00% |
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 | 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 | Commission varies with loan amount. 2% applied on loan amount $5000 and above, 3% on less than $5000. 2% commission flat fee is applicable for Nakhchivan only |
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 |
Lowest quoted nominal interest | 15.00% |
Highest quoted nominal interest | 15.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Processing Fee |
% of loan amount - min | 5.00% |
% of loan amount - max | 5.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
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 |
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 |
||||||||||
USD 2,550 | Generated | 2014-10-01 | 10.0 months | 0.0 months | USD 408.78 | 34.3% | 29.6% | 4.7% | 0.0% | 0.0% | 0.0% | 70 | - | |
USD 3,000 | Generated | 2014-10-01 | 18.1 months | 0.0 months | USD 725.16 | 29.4% | 25.2% | 4.2% | 0.0% | 0.0% | 0.0% | 82 | - | |
USD 3,450 | Generated | 2014-10-01 | 10.0 months | 0.0 months | USD 488.05 | 30.8% | 23.8% | 7.0% | 0.0% | 0.0% | 0.0% | 78 | - | |
USD 5,100 | Generated | 2014-10-01 | 12.1 months | 0.0 months | USD 911.55 | 32.1% | 28.2% | 3.9% | 0.0% | 0.0% | 0.0% | 75 | - | |
USD 6,000 | Generated | 2014-10-01 | 18.1 months | 0.0 months | USD 1,635.54 | 32.9% | 28.7% | 4.2% | 0.0% | 0.0% | 0.0% | 73 | - | |
USD 6,900 | Generated | 2014-10-01 | 24.3 months | 0.0 months | USD 2,632.10 | 33.9% | 30.6% | 3.3% | 0.0% | 0.0% | 0.0% | 71 | - | |
USD 18,000 | Generated | 2014-10-01 | 24.3 months | 0.0 months | USD 6,908.50 | 33.8% | 31.6% | 2.2% | 0.0% | 0.0% | 0.0% | 71 | - |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | PKR 100,000 | PKR 200,000 | PKR 300,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2013-12-17 | 2013-10-05 | 2013-11-01 | ||
Loan Term (Months) | 24.0 months | 25.0 months | 25.0 months | ||
Grace Period (Months) | 0.0 months | 0.4 months | 0.4 months | ||
Total Cost of Credit | PKR 35,000.02 | PKR 70,000.04 | PKR 105,000 | ||
True Price by Comp | |||||
Interest price component | 26.3% | 25.6% | 25.5% | ||
Fee Component | 5.5% | 5.2% | 5.2% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 31.8% | 30.8% | 30.7% | ||
Transparency Index | N/A | N/A | N/A | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
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 |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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