2. OISL
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Opportunity International Savings & Loans Ltd. No. D765/3 Kwame Nkrumah AvenueAccra, Greater AccraPO Box JT 323
Data approved: 2013-03-12
Data version: 2
Age of data: 139 months
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Product

Individual Loan Product 5 of 10 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 5,704,136
Portfolio (USD)USD 2,895,500.51
Active Clients with Loans3,257
Approximate % Female Clients40% - 60%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Individual loan is offered to individual clients for working capital and financing business expansion purposes.
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
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution6
# Regions for this product6
Regions ActiveGreater Accra Region, Central Region, Western Region, Eastern Region, Ashanti Region, Brong Ahafo Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 200
Maximum loan size12,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,00010%
GHS 1,000-5,00080%
GHS 5,000-7,50010%
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term2.0 months
Longest loan term24.0 months
Approx average9.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less10%
Between 4 and 6 months20%
Between 7 and 9 months30%
Between 10 and 12 months30%
Between 13 and 18 months10%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period1.0 month
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 interest42.00%
Highest quoted nominal interest42.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionProcessing FeeApplication Fee
% of loan amount - min3.50%0
% of loan amount - max3.50%0
OR, Fixed amount - min03
Fixed amount - max03
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation1% of total loan amount, divided and charged equally throughout loan term.
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
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 paid0
Maximum interest rate paid3.00%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?No
Additional Comments
Interest paid on deposit rule - If amount deposited is less than 1,000 GHS, 0% interest. If amount deposited is 1,000 GHS or more, 3% interest.

Full Pricing Data

Individual Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountGHS 300GHS 700GHS 1,500GHS 3,000GHS 6,000GHS 9,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2012-12-112012-12-132012-12-202012-12-202012-10-242012-05-17
Loan Term (Months)5.5 months7.0 months11.0 months11.0 months8.0 months25.0 months
Grace Period (Months)0.5 months0.4 months0.4 months0.5 months0.4 months0.5 months
Total Cost of CreditGHS 74.10GHS 216.78GHS 620.20GHS 1,244.40GHS 2,040.44GHS 8,202.48
True Price by Comp           
Interest price component62.4%64.9%66.3%65.6%65.0%63.5%
Fee Component16.6%11.6%8.4%8.0%9.4%4.1%
Insurance Component3.1%2.3%1.7%1.6%2.0%0.6%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component13.6%13.4%13.0%12.7%12.9%10.2%
Full APR (int fee ins tax dep)95.7%92.2%89.4%87.9%89.3%78.4%
Transparency Index444647484754
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Individual Loan Price Graphs


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  2. SVCL
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

SV Creditline Pvt Ltd 10th Floor,Tower D,Global Business ParkGurgaon, HaryanaPO Box 122002
Data approved: 2013-03-31
Data version: 3
Age of data: 139 months
Choose version

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.svcl.in/
Year established2010
Head of InstitutionRakesh Dubey
Regions activeMadhya Pradesh, Rajasthan, Uttar Pradesh
# Branches44

Total Portfolio (nat'l)INR 1,000,987,853
Total Portfolio (USD)USD 18,886,563.26
Active clients with loans118,217
Approximate % female clients100%
Approximate % urban clients40% - 60%
Network affiliationsSADHAN, MFIN

Loan Products » Summary

Income
118,217 Borrowers
USD 18,886,563.26 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Income Generation Loan INR 8,000 - 14,000 10.7 100% 40% - 60% Business Women, Have business, Specific age group, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits

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
Income Generation Loan 29.9% 32.2% 34.4% - 35.1% Yes Yes Yes 100
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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
Income Generation Loan 30.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 32.2% 34.4% - 35.1% 86
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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