2. TCCU
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

Tamale Community Credit Union Head OfficeTamale, Northern Region
Data approved: 2013-04-29
Data version: 2
Age of data: 141 months
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Product

Microfinance Loan Product 2 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 15,000
Portfolio (USD)USD 7,614.21
Active Clients with Loans52
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village bankingx
Self help group
Other
Description
Designed for groups of mainly rural women to access credit.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Othermust be in a group and in the community
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 120
Maximum loan sizeGHS 250
Distribution at Disbursement (Est.)
Loans less than GHS 1,000100%
GHS 1,000-5,0000
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term4.0 months
Approx average4.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months100%
Between 7 and 9 months0
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
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest2.50%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionPass Book Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min1
Fixed amount - max1
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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedGHS 1
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
Additional Comments
Savings amount can be higher than GHS 1 per week, if group/borrower choses.

Full Pricing Data

Microfinance Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 150GHS 200GHS 400
Loan Cycle (1, 2, 3, etc)555
Disbursement Date2013-03-192013-03-192013-03-19
Loan Term (Months)3.7 months3.7 months3.7 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditGHS 16GHS 21GHS 41
True Price by Comp     
Interest price component59.4%59.4%59.4%
Fee Component4.2%3.1%1.5%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component5.9%4.3%2.1%
Full APR (int fee ins tax dep)69.5%66.8%63.0%
Transparency Index434548
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Microfinance Loan Price Graphs


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  2. Samasta
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

Samasta Microfinance Limited 4th Cross, 414/5Wilson Garden,Bangalore, KarnatakaPO Box 560027
Data approved: 2013-01-21
Data version: 2
Age of data: 140 months
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.samasta.co.in/
Year established2008
Head of InstitutionVenkatesh N
Regions activeKarnataka, Tamil Nadu
# Branches24

Total Portfolio (nat'l)INR 254,928,392
Total Portfolio (USD)USD 4,809,969.66
Active clients with loans45,514
Approximate % female clients80% - 100%
Approximate % urban clients80% - 100%
Network affiliationsMFIN, India, AKMI, India

Loan Products » Summary

Income
44,713 Borrowers
USD 4,564,460.55 Portfolio
Active Product
Dairy Cow
801 Borrowers
USD 245,509.11 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 10,000 - 15,000 12 80% - 100% 80% - 100% Business Women, Have business, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins, Other Training
Dairy Cow Loan INR 24,999 - 25,000 24 80% - 100% 0% - 20% Business Women, Low HH Inc, Med HH Inc, Must be supplying milk to procurers (Cooperatives or private) 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
Income Generation Loan 27.2% - 28% 29.2% - 30% 30.3% - 31.1% Yes Yes Yes 99
Dairy Cow Loan 27% - 27.2% 28% - 28.2% 28.8% - 29% 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 26.0%-27.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 29.2% - 30% 30.3% - 31.1% 85
Dairy Cow Loan 26.0%-27.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 28% - 28.2% 28.8% - 29% 90
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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