| Outstanding portfolio (USD) | USD 125,784.24 |
| Portfolio (USD) | USD 125,784.24 |
| Active Clients with Loans | 57 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 20% - 40% |
| Individual | |
| Solidarity group | |
| Village banking | x |
| Self help group | |
| Other | Metodologia propia deefinida como credito de 2do piso dirigido a sistemas autogestionados de credito e inversion. Diferente a la metodologia de Banca Comunal. |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | |
| Workplace visits | x |
| Business training | |
| Other training | |
| Other | Cepesiu brinda asistencia tecnica con recursos no reembolsables |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | Estructuras financieras locales autogestionadas de credito |
| Other (2) | Minimo 4 meses de funcionamiento |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | USD |
| Minimum loan size | USD 300 |
| Maximum loan size | 10,000 |
| Shortest loan term | 4.0 months |
| Longest loan term | 24.0 months |
| Approx average | 12.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| 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 |
| Lowest quoted nominal interest | 26.00% |
| Highest quoted nominal interest | 26.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | No |
| 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 500 | USD 2,500 | USD 5,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2010-09-10 | 2010-09-17 | 2010-07-05 | ||
| Loan Term (Months) | 6.0 months | 7.0 months | 20.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | Not Known | Not Known | Not Known | ||
| True Price by Comp | |||||
| Interest and Fee Component | 24.8% | 19.0% | 20.3% | ||
| 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) | 24.8% | 19.0% | 20.3% | ||
| Transparency Index | 100 | 100 | 100 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | http://www.brac.net |
| Year established | 2007 |
| Head of Institution | Muzaffar Ud Din |
| Regions active | Balochistan, Punjab, Sindh |
| # Branches | 68 |
| Total Portfolio (nat'l) | PKR 1,208,660,663 |
| Total Portfolio (USD) | USD 11,869,047.71 |
| Active clients with loans | 57,376 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | Pakistan Microfinance Network, Micro Watch, Mix Market |
| Funders | Pakistan Poverty Allivation Fund (PPAF), KIVA |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Finance | PKR 20,000 - 150,000 | 6 - 12 | 100% | 40% - 60% | Business, Agriculture | Women | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training | |||||||
| Small Enterpirise Programme (SEP) | PKR 150,000 - 500,000 | 6 - 12 | 0% - 20% | 80% - 100% | Business, Agriculture | Women, Men, Have business | Credit Educ, Tech Asst Visits, Business Training, Other Training | |||||||
| Agriculture | PKR 20,000 - 150,000 | 6 - 12 | 0% | 0% - 20% | Agriculture | Men | Credit Educ, 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 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Finance | 22.0% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 34.1% - 38.4% | 40.1% - 45.9% | 51 | ||||||||
| Small Enterpirise Programme (SEP) | 22.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 36.6% | 43.8% | 50 | ||||||||
| Agriculture | 20.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 29.4% - 32.3% | 34.2% - 38.1% | 53 |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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