Please note that the information you are viewing is
136 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2013-04-26
Data version: 4
Age of data: 136 months
Key Statistics
Outstanding portfolio (THB) | THB 25,643,330 |
Portfolio (USD) | USD 869,265.42 |
Active Clients with Loans | 733 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 0% - 20% |
Methodology
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other | |
Description
Seasonal Loan (THB) is designed for seasonal needs (rice crop, animal raising, etc.)
Loan Purpose
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Seasonal purpose only |
Other (2) | |
Included Services
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | |
Eligibility
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 | |
Other | |
Other (2) | |
Portfolio Size by Product
Geographic Coverage
# Regions for this institution | 24 |
# Regions for this product | 1 |
Regions Active | Banteay Meanchey |
Loan Conditions
Loan Amount
Currency | THB |
Minimum loan size | THB 5,000 |
Maximum loan size | 60,000 |
Distribution at Disbursement (Est.)
Loans less than THB 10,000 | 0 |
THB 10,000-30,000 | 40% |
THB 30,000-50,000 | 30% |
THB 50,000-70,000 | 30% |
THB 70,000-90,000 | 0 |
Greater than THB 90,000 | 0 |
Loan Term and Grace Period
Shortest loan term | 3.0 months |
Longest loan term | 12.0 months |
Approx average | 5.0 months |
Distribution at Disbursement (Est.)
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 100% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace Period
Grace period usage | 100% |
Average grace period | DK |
Repayment Frequency
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 | |
Pricing Information
Interest
Lowest quoted nominal interest | 2.60% |
Highest quoted nominal interest | 3.00% |
Reason(s) why interest rate varies | Branch, Time as Client, Client Risk |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Upfront Fees
| Fee 1 |
---|
Description | Administration Fee |
% of loan amount - min | 0.50% |
% of loan amount - max | 0.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Ongoing Fees
This product has no ongoing feesUpfront Insurance Fees
This product has no upfront insurance feesOngoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
Deposit BEFORE or AT Disbursement
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Deposits DURING period payments
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Interest Paid on Deposit
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Taxes
Are taxes charged on this product? | No |
Additional Comments
This product can serve to all the village bank members without limit cycles.
Full Pricing Data
Seasonal Loan (THB) samples
| Sample 1 | | Sample 2 | | Sample 3 | | Sample 4 | | Sample 5 |
---|
Loan Amount | THB 8,000 | | THB 10,000 | | THB 20,000 | | THB 40,000 | | THB 60,000 |
Loan Cycle (1, 2, 3, etc) | Not Known | | Not Known | | Not Known | | Not Known | | Not Known |
Disbursement Date | 2013-04-09 | | 2013-03-15 | | 2013-02-13 | | 2013-02-15 | | 2013-03-18 |
Loan Term (Months) | 12.0 months | | 12.0 months | | 12.0 months | | 12.0 months | | 12.0 months |
Grace Period (Months) | 11.2 months | | 11.3 months | | 11.3 months | | 10.9 months | | 11.2 months |
Total Cost of Credit | THB 2,772 | | THB 3,494 | | THB 6,760 | | THB 12,542 | | THB 18,550 |
True Price by Comp | | | | | | | | | |
Interest price component | 33.6% | | 33.6% | | 32.4% | | 31.2% | | 30.0% |
Fee Component | 0.6% | | 0.6% | | 0.6% | | 0.6% | | 0.6% |
Insurance Component | 0.0% | | 0.0% | | 0.0% | | 0.0% | | 0.0% |
Tax Component | 0.0% | | 0.0% | | 0.0% | | 0.0% | | 0.0% |
Deposit Component | 0.0% | | 0.0% | | 0.0% | | 0.0% | | 0.0% |
Full APR (int fee ins tax dep) | 34.2% | | 34.2% | | 33.0% | | 31.8% | | 30.6% |
Transparency Index | 91 | | 91 | | 95 | | 98 | | 100 |
| | | | | | | | | |
Original Repayment Schedule | PDF | | PDF | | PDF | | PDF | | PDF |
MFT Pricing Calculation | PDF | | PDF | | PDF | | PDF | | PDF |
Seasonal Loan (THB) Price Graphs
Please note that the information you are viewing is
168 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2010-11-15
Data version: 1
Age of data: 168 months
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 2007 |
Head of Institution | Niranjan Sheelavant |
Regions active | |
# Branches | 6 |
Total Portfolio (nat'l) | INR 48,626,144 |
Total Portfolio (USD) | USD 917,474.42 |
Active clients with loans | 8,267 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 60% - 80% |
Network affiliations | |
155 Borrowers
USD 28,828 Portfolio
Active Product
8,112 Borrowers
USD 888,646.42 Portfolio
Active Product
Loan Products » Conditions
Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
Income Generation Loan (IGL) - FNR - IGL |
|
INR 5,000 - 12,000 |
|
16.8 - 18 |
|
80% - 100% |
|
20% - 40% |
|
Business |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins, Other Training, Financial Literacy Programs, Community Contact Programs |
Income Generation Loan (IGL) |
|
INR 5,000 - 20,000 |
|
11.7 |
|
80% - 100% |
|
60% - 80% |
|
Business |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins, Financial Literacy Programs, Community Contact Programs |
Loan Products » MFIN India Additional Information
Product Name |
|
APR (int) |
|
MFIN MFI Earning (Annualised) |
|
MFIN Cost to Borrower (Annualised) |
|
COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD |
|
COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES |
|
COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM |
|
MFIN Transparency Index |
Income Generation Loan (IGL) - FNR - IGL |
|
0% |
|
31% |
|
34.2% - 37.4% |
|
|
|
|
|
|
|
N/A |
Income Generation Loan (IGL) |
|
0% |
|
33.7% |
|
36.5% - 39.3% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information