Outstanding portfolio (USD) | USD 974,891.51 |
Portfolio (USD) | USD 974,891.51 |
Active Clients with Loans | 319 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Compra de vivienda, terreno, construcción |
Other (2) | Refacción, remodelación, ampliación, etc. |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
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 | x |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 9 |
# Regions for this product | 9 |
Regions Active | Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Pando , Potosí, Santa Cruz, Tarija |
Currency | USD |
Minimum loan size | USD 50 |
Maximum loan size | 25,000 |
Loans less than USD 1,500 | 0 |
USD 1,500-5,000 | 40% |
USD 5,000-10,000 | 50% |
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 | 60.0 months |
Approx average | 50.0 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 | x |
Quarterly | x |
Every 6 months | x |
Every 12 months | x |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 18.00% |
Highest quoted nominal interest | 25.50% |
Reason(s) why interest rate varies | Loan Size, Collateral, Plazo |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
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 | |||
---|---|---|---|---|---|
Loan Amount | USD 7,000 | USD 13,000 | USD 18,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2013-02-21 | 2014-04-07 | 2014-04-07 | ||
Loan Term (Months) | 47.0 months | 37.0 months | 37.0 months | ||
Grace Period (Months) | 0.3 months | 0.0 months | 0.0 months | ||
Total Cost of Credit | USD 3,184.77 | USD 4,036.94 | USD 7,593.32 | ||
True Price by Comp | |||||
Interest price component | 20.1% | 18.4% | 24.5% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
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) | 20.1% | 18.4% | 24.5% | ||
Transparency Index | 90 | 98 | 74 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | http://www.srso.org.pk |
Year established | 2003 |
Head of Institution | Mr. Mohammad Dital Kalhoro |
Regions active | Sindh |
# Branches | 50 |
Total Portfolio (nat'l) | PKR 791,787,630 |
Total Portfolio (USD) | USD 7,775,354.53 |
Active clients with loans | 51,175 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | Rural Support Programmes Network, National Rural Support Programme, Pakistan Microfinance Network |
Funders | Government of Sindh, Pakistan Poverty Alleviation Fund, First Women Bank |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agri- Inputs | PKR 10,000 - 35,000 | 4 - 8 | 80% | 0% | Business, Agriculture | Women | Group Mtgs, Tech Asst Visits, Business Training, Other Training | |||||||
Livestock | PKR 10,000 - 25,000 | 6 - 9 | 80% - 100% | 0% | Business | Women | Group Mtgs, Tech Asst Visits, Business Training, Other Training | |||||||
Enterprise | PKR 10,000 - 50,000 | 12 | 80% - 100% | 100% | Business | Women | Group Mtgs, Tech Asst Visits, Business Training, Other Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agri- Inputs | 28.0% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 28.9% - 35.6% | 29.7% - 38.8% | 84 | ||||||||
Livestock | 28.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 30.1% - 35.6% | 31.4% - 38.8% | 82 | ||||||||
Enterprise | 20.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 20.8% - 24.9% | 21.2% - 26.6% | 87 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
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