Outstanding portfolio (USD) | USD 372,356.05 |
Portfolio (USD) | USD 372,356.05 |
Active Clients with Loans | 135 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 0 |
Individual | |
Solidarity group | x |
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 | |
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 | 6 |
# Regions for this product | 3 |
Regions Active | Cochabamba , Potosí, Tarija |
Currency | USD |
Minimum loan size | USD 4,500 |
Maximum loan size | 30,600 |
Loans less than USD 1,500 | 0 |
USD 1,500-5,000 | 5% |
USD 5,000-10,000 | 40% |
USD 10,000-15,000 | 20% |
USD 15,000-18,000 | 5% |
Greater than USD 18,000 | 5% |
Shortest loan term | 18.0 months |
Longest loan term | 48.0 months |
Approx average | 32.0 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 | 10% |
Longer than 18 months | 90% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | x |
Every 6 months | x |
Every 12 months | |
Single end payment | |
Irregular payments | x |
Lowest quoted nominal interest | 15.00% |
Highest quoted nominal interest | 24.00% |
Reason(s) why interest rate varies | Time as Client, Loan Size, Loan Purpose |
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 5,500 | USD 12,000 | USD 21,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2013-12-31 | 2013-12-31 | 2013-12-31 | ||
Loan Term (Months) | 19.0 months | 24.0 months | 49.0 months | ||
Grace Period (Months) | -0.1 months | -0.1 months | -0.1 months | ||
Total Cost of Credit | USD 1,157.21 | USD 3,217.47 | USD 11,981.05 | ||
True Price by Comp | |||||
Interest price component | 24.1% | 24.1% | 24.2% | ||
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) | 24.1% | 24.1% | 24.2% | ||
Transparency Index | 62 | 62 | 62 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.anjalimfi.com/ |
Year established | 1996 |
Head of Institution | John Mayne |
Regions active | Assam, Bihar |
# Branches | 11 |
Total Portfolio (nat'l) | INR 22,090,000 |
Total Portfolio (USD) | USD 416,792.45 |
Active clients with loans | 5,251 |
Approximate % female clients | 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations | MFIN, AMFI, SMART Campaign, MFTransparency |
Key Statistics | |
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# 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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