2. KRB
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

Kumanwuman Rural Bank Limited Head OfficeKumawuKumasi, AshantiP.O. Box 33
Data approved: 2013-03-05
Data version: 2
Age of data: 141 months
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Product

Susu Loan Product 3 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 1,127,923
Portfolio (USD)USD 572,549.75
Active Clients with Loans845
Approximate % Female Clients60% - 80%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help groupx
Other
Description
Designed for individuals using a susu methodology. After three months of small savings deposits, indivduals can apply.
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loanx
Agriculture
Educationx
Other household financex
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other trainingx
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust have conttributed savings depsoit for at least 3 months.
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveAshanti Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 50
Maximum loan size20,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,00010%
GHS 1,000-5,00020%
GHS 5,000-7,50030%
GHS 7,500-10,00015%
GHS 10,000-13,00010%
Greater than GHS 13,00010%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less10%
Between 4 and 6 months40%
Between 7 and 9 months50%
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest28.00%
Highest quoted nominal interest28.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?Yes
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCommitment Fee
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited50.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid4.00%
Maximum interest rate paid4.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

Susu Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountGHS 1,500GHS 3,000GHS 10,000GHS 15,000
Loan Cycle (1, 2, 3, etc)Not Known1Not KnownNot Known
Disbursement Date2013-04-092013-01-242012-08-222013-02-12
Loan Term (Months)6.0 months8.0 months8.0 months10.0 months
Grace Period (Months)0.0 months0.2 months0.3 months-0.1 months
Total Cost of CreditGHS 255GHS 650GHS 2,166.72GHS 3,950
True Price by Comp       
Interest price component45.5%45.1%43.9%47.6%
Fee Component10.8%8.3%8.0%7.2%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component154.6%137.0%127.6%138.0%
Full APR (int fee ins tax dep)210.9%190.4%179.5%192.8%
Transparency Index13151615
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Susu Loan Price Graphs


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  2. Swadhaar
Please note that the information you are viewing is 140 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Swadhaar FinServe Pvt. Ltd. 5/39 Shree Om Co-operative Housing SocietyGuru Narayan Road, Santacruz (E)Mumbai, MaharashtraPO Box 400001
Data approved: 2013-01-22
Data version: 3
Age of data: 140 months
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.swadhaar.com/
Year established2008
Head of InstitutionVeena Mankar
Regions activeGujarat, Maharashtra
# Branches30

Total Portfolio (nat'l)INR 909,845,169
Total Portfolio (USD)USD 17,166,889.98
Active clients with loans92,891
Approximate % female clients80% - 100%
Approximate % urban clients100%
Network affiliations

Loan Products » Summary

Swahit
87,428 Borrowers
USD 15,265,990.89 Portfolio
Active Product
Swayog
5,072 Borrowers
USD 1,392,004.70 Portfolio
Active Product
Top up
391 Borrowers
USD 508,894.40 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Swahit - Individual Loan with Joint Liability INR 8,000 - 34,000 24 100% 100% Business Women, Have business, Specific age group, Med HH Inc, Urban HH Credit Educ, Credit Ins
Swayog - Individual Business Loan INR 8,000 - 75,000 3 - 12 0% - 20% 100% Business Women, Men, Have business, Specific age group, Urban HH, The client must be the owner of the business. Credit Ins
Top Up Loan INR 2,000 - 5,000 12 100% 100% Business Women, Have business, Specific age group, Med HH Inc, Urban HH Credit Ins

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
Swahit - Individual Loan with Joint Liability 25.8% 26.8% - 26.9% 27.9% - 28% Yes Yes Yes 100
Swayog - Individual Business Loan 28.1% - 29.9% 31.5% - 35% 32.8% - 37% Yes Yes Yes 100
Top Up Loan 26% - 26.2% 27.8% - 28.1% 28.8% - 29.2% Yes Yes Yes 99
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Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Swahit - Individual Loan with Joint Liability 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26.8% - 26.9% 27.9% - 28% 93
Swayog - Individual Business Loan 30.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 31.5% - 35% 32.8% - 37% 85
Top Up Loan 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 27.8% - 28.1% 28.8% - 29.2% 89
Institution Price Graph
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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