2. TCCU
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

Tamale Community Credit Union Head OfficeTamale, Northern Region
Data approved: 2013-04-29
Data version: 2
Age of data: 139 months
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Product

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Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 32,000
Portfolio (USD)USD 16,243.65
Active Clients with Loans89
Approximate % Female Clients40% - 60%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help groupx
Other
Description
Designed for individuals starting businesses or financing an existing business.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
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 institution1
# Regions for this product1
Regions ActiveNorthern Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 150
Maximum loan size10,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,00030%
GHS 1,000-5,00030%
GHS 5,000-7,50020%
GHS 7,500-10,00020%
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term18.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less20%
Between 4 and 6 months20%
Between 7 and 9 months10%
Between 10 and 12 months20%
Between 13 and 18 months30%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
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 interest3.00%
Highest quoted nominal interest3.00%
Interest rate periodMonthly
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 - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionLoan Protection Plan Fee
% of loan amount - min0.50%
% of loan amount - max1.20%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationExact Calculation = (Principal X No. of Monthly Repayments) / 1000
Appears on Repayment Sched?Yes
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?No
Deposit BEFORE or AT Disbursement
% loan amount deposited50.00%
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositEnd Term
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

Full Pricing Data

Business Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountGHS 400GHS 1,000GHS 2,000GHS 3,000GHS 5,000GHS 8,000
Loan Cycle (1, 2, 3, etc)111566
Disbursement Date2013-02-142013-03-262012-11-302012-12-142013-03-202013-03-08
Loan Term (Months)5.0 months12.0 months12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditGHS 42GHS 217GHS 434GHS 651GHS 1,085GHS 1,736
True Price by Comp           
Interest price component36.0%36.0%36.0%36.0%36.0%36.0%
Fee Component4.2%2.1%2.1%2.1%2.1%2.1%
Insurance Component2.2%2.5%2.5%2.5%2.5%2.5%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component132.7%121.7%121.7%121.7%121.7%121.7%
Full APR (int fee ins tax dep)175.1%162.3%162.3%162.3%162.3%162.3%
Transparency Index212222222222
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Business Loan Price Graphs


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  2. Nano
Please note that the information you are viewing is 171 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Nano Financial Services India Private Limited H NO 6-3-1099/1/14 & 15,Flat No 301, Lake Melody ApartmentsNear Katriya Hotel,Raj Bhavan Road,Somajiguda,Hyderabad, Andhra Pradesh500082
Data approved: 2010-10-25
Data version: 1
Age of data: 171 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established2004
Head of InstitutionK. Ravikumar
Regions active
# Branches13

Total Portfolio (nat'l)INR 194,002,175
Total Portfolio (USD)USD 3,660,418.40
Active clients with loans28,501
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliations

Loan Products » Summary

AP -JLG
16,336 Borrowers
USD 3,162,175.57 Portfolio
Active Product
TN-JLG
9,295 Borrowers
USD 498,211.89 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
AP-JLGD21T12ME INR 9,000 - 15,000 12 80% - 100% 20% - 40% Any Purpose Women Credit Educ, Group Mtgs, Credit Ins
TN-JLGF12T12ME INR 6,000 - 12,000 12 80% - 100% 0% - 20% Any Purpose Women Credit Educ, Group Mtgs, 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
AP-JLGD21T12ME 0% 25.7% 26.6% N/A
TN-JLGF12T12ME 0% 25.7% 26.7% N/A
*Please click here for more information

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
AP-JLGD21T12ME 21.0% annual, Decl Bal 0 Fees 1 Ins None N/A 25.7% 26.6% 79
TN-JLGF12T12ME 12.0% annual, Flat 0 Fees 1 Ins None N/A 25.7% 26.7% 45
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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