- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
ACLEDA	235,200	215,086,000	6	169
AMK	288,200	63,784,000	16	140
AMRET	299,500	149,542,000	8	140
Chamroeun	48,100	7,480,000	4	121
Farmer Finance	200	407,000	1	140
First Finance	500	5,819,000	1	140
HKL	73,400	93,842,000	3	140
KREDIT	61,800	59,319,000	9	140
Maxima	2,900	3,179,000	3	140
PRASAC	138,500	251,931,000	9	140
Seilanithih	15,200	7,516,000	5	140
SPN	35,100	29,828,000	6	140
TPC	120,000	45,931,000	13	140
VF Cambodia	148,600	48,984,000	18	140

Please note that the information you are viewing is 173 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Belghoria Janakalyan Samity BF - 94, Sector - 1, Saltlake CityKolkata, West Bengal700 064

Data approved: 2010-10-25

Data version: 1

Age of data: 173 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (INR)	INR 24,818,991
Portfolio (USD)	USD 468,282.85
Active Clients with Loans	6,040
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	0% - 20%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Loans are exclusively for women. Loan cycle starts from Rs.1000 - 10000 repayable in 45 equal weekly installments. Subsequent cycles increases by Rs.1000 - 5000.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other	Can ONLY be used for Working Capital
Other (2)

Included Services

Credit education	x
Group meetings	x
Credit insurance	x
Workplace visits	x
Business training	x
Other training
Other
Other (2)
No other services

Eligibility

Men
Women	x
Must run a business	x
Must own a home or land
Must be a salaried worker
Must be specific age group
Household income <60,000 INR
Household income <120,000 INR
Must live in rural area
Must lives in urban area
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	INR
Minimum loan size	INR 1,000
Maximum loan size	25,000

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	12.0 months
Approx average	12.0 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	1.8 months

Repayment Frequency

Daily
Weekly	x
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	12.50%
Highest quoted nominal interest	12.50%
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Processing fee and Insurance fee
% of loan amount - min	2.00%
% of loan amount - max	2.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	10.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Small Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5	Sample 6
Loan Amount	INR 1,000	INR 3,000	INR 5,000	INR 8,000	INR 10,000	INR 10,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	2	1	3	5
Disbursement Date	2010-07-26	2010-05-10	2010-03-23	2010-06-11	2010-08-03	2010-05-20
Loan Term (Months)	10.5 months	10.5 months	10.5 months	10.5 months	10.5 months	10.5 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	2.0 months	0.0 months	2.0 months
Total Cost of Credit	Not Known	Not Known	Not Known	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	29.7%	29.7%	29.7%	28.2%	29.7%	27.8%
Insurance Component	2.4%	2.4%	2.4%	2.3%	2.4%	2.3%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	7.1%	7.1%	7.1%	6.7%	7.1%	6.5%
Full APR (int fee ins tax dep)	39.2%	39.2%	39.2%	37.2%	39.2%	36.6%
MFIN MFI Earning (Annualised)	29.7%	29.7%	29.7%	28.2%	29.7%	27.8%
MFIN Cost to Borrower (Annualised)	39.2%	39.2%	39.2%	37.2%	39.2%	36.6%
Transparency Index	32	32	32	34	32	34
MFIN Transparency Index	N/A	N/A	N/A	N/A	42	N/A

Original Repayment Schedule	PDF	PDF	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF	PDF	PDF

* The APR stated here is an MFTransparency term, definition and formula

Small Loan Price Graphs

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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

	X Axis
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Total Borrrowers of Samples


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By Country

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