2. Banco WWB
Please note that the information you are viewing is 161 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Banco WWB S.A. Av 5 norte N° 16 N 57Cali, Valle del Cauca572
Data approved: 2011-08-01
Data version: 1
Age of data: 161 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.bancowwb.com/
Year established2011
Head of InstitutionClara Serra - Akerman
Regions active
# Branches93

Total Portfolio (nat'l)COP 551,063,000,000
Total Portfolio (USD)USD 302,781,868.10
Active clients with loans211,907
Approximate % female clients60% - 80%
Approximate % urban clients80% - 100%
Network affiliationsWomen's World Banking
FundersFundación WWB Colombia, WWB S.A.S, Blueorchard Private Equity Funds S.C.A.., SICAV-FIS., Developing World Markets

Loan Products » Summary

Crediequipo
1,240 Borrowers
USD 673,221.73 Portfolio
Active Product
Credimoto
734 Borrowers
USD 918,166.57 Portfolio
Active Product
Credimpulso
30,083 Borrowers
USD 10,422,101.90 Portfolio
Active Product
Inmobiliario
9,749 Borrowers
USD 25,521,053.15 Portfolio
Active Product
Microcredito
177,595 Borrowers
USD 256,484,615.40 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Crediequipo COP 535,000 - 160,500,000 1 - 59 60% - 80% 80% - 100% Business Women, Men, Have business
Credimoto COP 2,891,000 - 5,301,900 1 - 36 60% - 80% 80% - 100% Business, Compra de Moto Women, Men, Have business
Credimpulso COP 535,000 - 1,000,000 1 - 15 60% - 80% 60% - 80% Business Women, Men, Have business
Inmobiliario COP 535,000 - 64,272,000 1 - 59 60% - 80% 60% - 80% Business, Housing Women, Men, Have business
Microcrédito COP 535,000 - 13,375,000 1 - 36 60% - 80% 60% - 80% Business Women, Men, Have business

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Crediequipo 31.3%-34.0% annual, Decl Bal 2 Fees 2 Ins None N/A 32.5% - 43.8% 33% - 44.2% 83
Credimoto 22.8% annual, Decl Bal 1 Fee 3 Ins None N/A 22.2% - 22.6% 25.3% - 36.1% 73
Credimpulso 34.0% annual, Decl Bal 2 Fees 2 Ins None N/A 43.4% - 53.8% 48.3% - 54.2% 67
Inmobiliario 22.8%-24.0% annual, Decl Bal 2 Fees 2 Ins None N/A 19.3% - 33.4% 19.7% - 38.6% 92
Microcrédito 31.3%-34.0% annual, Decl Bal 2 Fees 2 Ins None N/A 28.3% - 41.7% 28.6% - 42.1% 83
Institution Price Graph
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  2. Sonata Finance
Please note that the information you are viewing is 141 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Sonata Finance Private Limited 125B/6B Pt. Madan Mohan Malviya RoadGorge TownAllahabad, Uttar PradeshPO Box 211002
Data approved: 2013-01-09
Data version: 3
Age of data: 141 months
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Product

Individual Loan Product 2 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 82,438,458
Portfolio (USD)USD 1,555,442.60
Active Clients with Loans3,843
Approximate % Female Clients100%
Approximate % Urban Clients0
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Sonata provide Individual Loan for income generation to our ex-client of IGL who have more than 24 month clientage. Repayment is fortnightly. Sonata also provides penalty free per-settlement facility to its clients.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
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 institution2
# Regions for this product2
Regions ActiveMadhya Pradesh, Uttar Pradesh

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 20,000
Maximum loan size50,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,0000
INR 15,000-25,00030%
INR 25,000-35,00040%
INR 35,000-45,00020%
Greater than INR 45,00020%
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term24.0 months
Approx average18.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months10%
Longer than 18 months90%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeksx
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 interest26.00%
Highest quoted nominal interest26.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min200
Fixed amount - max400
Reason for variationProcessing fee varies with the loan size
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min200
Fixed amount - max400
Reason for variationInsurance premium amount varies with the loan size
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
Sonata provide per-settlement facility without any penalties.

Full Pricing Data

Individual Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountINR 22,380INR 26,100INR 31,700INR 41,020
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-02-102013-02-042013-02-022013-03-10
Loan Term (Months)24.0 months24.0 months25.0 months24.0 months
Grace Period (Months)-0.1 months0.1 months0.2 months-0.1 months
Total Cost of CreditINR 6,819.98INR 7,989.98INR 9,679.97INR 12,539.96
True Price by Comp       
Interest price component26.1%25.7%25.6%26.0%
Fee Component0.9%0.9%0.9%0.9%
Insurance Component1.0%1.0%0.9%1.0%
Tax Component0.1%0.2%0.1%0.1%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)28.1%27.8%27.5%28.0%
MFIN MFI Earning (Annualised)27.0%26.6%26.5%26.9%
MFIN Cost to Borrower (Annualised)28.1%27.8%27.5%28.0%
Transparency Index92949493
MFIN Transparency Index100100100100
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Individual Loan Price Graphs


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% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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