| Number borrowers | 615 |
| Loan Amount (range) | USD 100 - 15,000 |
| Loan Term (range) | 1 - 48 |
| Other Services (text summary) | Credit Ins, Tech Asst Visits |
| Annual Interest & Method | 20.1%-25.0% annual, Decl Bal |
| Fees | 4.00% upfront 12.00 upfront |
| Insurance | None |
| Tax | None |
| Comp Dep | 6.7% upfront |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 20.3% - 26.9% (Int+Fee) |
| Insurance Component | 0 - 11.0% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 22.5% - 36.2% |
| Transparency Index (min/max) | 0 - N/A |
| Transparency Index (average) | 71 |
| Outstanding portfolio (USD) | USD 777,883.75 |
| Portfolio (USD) | USD 777,883.75 |
| Active Clients with Loans | 615 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 20% - 40% |
| Individual | x |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | Usar solo para capital de trabajo |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | x |
| Workplace visits | x |
| Business training | |
| Other training | |
| Other | |
| 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 | |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (PKR) | PKR 28,446,503.41 |
| Portfolio (USD) | USD 279,344.66 |
| Active Clients with Loans | 409 |
| Approximate % Female Clients | 0% - 20% |
| Approximate % Urban Clients | N/A |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | x |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| 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 | N/A |
| Regions Active |
| Currency | USD |
| Minimum loan size | USD 100 |
| Maximum loan size | 15,000 |
| Shortest loan term | 1.0 month |
| Longest loan term | 48.0 months |
| Approx average | 18.0 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 | 20.05% |
| Highest quoted nominal interest | 25.00% |
| Reason(s) why interest rate varies | Loan Size |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | Seguro de Desgravamen | Seguro de Vida y Seguro de Accidentes Personales (prima anual) | |
| % of loan amount - min | 4.00% | 0 | |
| % of loan amount - max | 4.00% | 0 | |
| OR, Fixed amount - min | 0 | 12 | |
| Fixed amount - max | 0 | 12 | |
| Reason for variation | N/A | ||
| Appears on Repayment Sched? | No | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? | Yes |
| % loan amount deposited | 6.70% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 4.00% |
| Maximum interest rate paid | 4.00% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | USD 450 | USD 1,000 | USD 2,000 | USD 4,000 | USD 6,500 | USD 10,010 | |||||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
| Disbursement Date | 2010-04-22 | 2010-04-28 | 2010-04-06 | 2010-04-28 | 2010-04-23 | 2010-05-04 | |||||
| Loan Term (Months) | 10.0 months | 12.0 months | 24.0 months | 36.0 months | 36.0 months | 48.0 months | |||||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 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 | 26.8% | 26.9% | 26.9% | 23.9% | 23.8% | 20.3% | |||||
| Insurance Component | 5.7% | 2.4% | 0.7% | 0.3% | 0.0% | 0.1% | |||||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
| Deposit Component | 3.6% | 3.3% | 3.0% | 2.5% | 1.6% | 2.0% | |||||
| Full APR (int fee ins tax dep) | 36.2% | 32.5% | 30.6% | 26.6% | 25.5% | 22.5% | |||||
| Transparency Index | 55 | 62 | 66 | 75 | 79 | 89 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
| 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 |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
