- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AGFS	200	47,000	2	163
Ahantaman RB	23,800	9,896,000	4	145
APED	13,700	1,876,000	2	145
ASA Initiative	4,400	577,000	4	145
ASA-Ghana	71,600	18,385,000	2	145
ASPI	800	88,000	6	145
Atwima Kwanwoma	3,800	1,788,000	2	145
Baobab	5,100	967,000	2	145
BestFUND	13,000	4,172,000	3	145
Bonzali Rural	10,400	1,691,000	4	163
CashPhase	83	135,000	2	145
CASUD	1,100	524,000	1	145
CEDEF	500	54,000	4	145
CFF	100	13,000	1	145
CRAN	3,600	1,019,000	2	145
DQF	1,700	63,000	2	145
EASL	9,200	11,409,000	6	145
East Mamprusi	12,500	2,268,000	4	145
ELDA	0	0	0	145
EMPRETEC Ghana	200	56,000	2	145
FASL	13,500	14,047,000	8	145
Grameen Ghana	9,500	507,000	3	145
ID-Ghana	5,600	953,000	3	145
Innovative Finance	2,700	354,000	3	145
Kraban Support	7,700	781,000	5	163
KRB	4,000	6,350,000	3	145
Lower Pra RB	34,000	6,316,000	3	163
Maata-N-Tudu	12,000	941,000	4	145
Mail Finance	300	288,000	1	145
Markaz	0	0	0	145
Markaz Al Bishara	100	17,000	1	145
MicrofinPlus Gh	1,100	251,000	2	145
Nwabiagya RB	4,000	2,265,000	3	145
OISL	62,000	27,232,000	9	145
Pro Credit	0	0	0	145
Rich Step	100	101,000	1	145
SAT	147,600	29,359,000	4	145
Sekam Trust	600	137,000	2	145
Simli Pong	8,900	463,000	3	163
SS Ghana	200	35,000	1	145
TCCU	100	32,000	3	145
The Bridge	400	32,000	3	163
Union RB	3,800	2,361,000	4	145

Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

ESAF Microfinance & Investments (P) LTD No 5A 5th FloorPurasawalkamChennai, Tamil Nadu600084

Data approved: 2013-01-10

Data version: 3

Age of data: 144 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (INR)	INR 7,475,410.75
Portfolio (USD)	USD 141,045.49
Active Clients with Loans	1,106
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	0% - 20%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

To meet the cost of construction of hygienic toilets

Loan Purpose

Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other	Sanitation Purposes
Other (2)

Included Services

Credit education	x
Group meetings	x
Credit insurance
Workplace visits	x
Business training
Other training
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Household income <60,000 INR	x
Household income <120,000 INR	x
Must live in rural area
Must lives in urban area
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	5
# Regions for this product	3
Regions Active	Chhattisgarh, Madhya Pradesh, Maharashtra

Loan Conditions

Loan Amount

Currency	INR
Minimum loan size	INR 6,000
Maximum loan size	12,000

Distribution at Disbursement (Est.)

Loans less than INR 5,000	0
INR 5,000-15,000	100%
INR 15,000-25,000	0
INR 25,000-35,000	0
INR 35,000-45,000	0
Greater than INR 45,000	0

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	24.0 months
Approx average	12.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	0
Between 7 and 9 months	0
Between 10 and 12 months	100%
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly	x
Every 2 weeks	x
Every 4 weeks
Monthly	x
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	22.00%
Highest quoted nominal interest	26.00%
Reason(s) why interest rate varies	Loan Purpose
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	Yes
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Processing Fee
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

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 for	Never
Criteria	N/A
Is deposit indicated on the repayment schedule?	N/A
Do borrowers control deposit in their group?	N/A

Deposit BEFORE or AT Disbursement

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	Yes
Percentage of fees	12.4%
All or some fees taxed	All

Full Pricing Data

Nirmal samples

	Sample 1	Sample 2	Sample 3
Loan Amount	INR 12,000	INR 12,000	INR 12,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2013-02-18	2013-02-14	2013-02-14
Loan Term (Months)	24.0 months	24.0 months	24.0 months
Grace Period (Months)	-0.1 months	0.0 months	0.0 months
Total Cost of Credit	INR 2,662.83	INR 2,662.83	INR 2,662.83
True Price by Comp
Interest price component	22.2%	22.0%	22.0%
Fee Component	1.2%	1.2%	1.2%
Insurance Component	0.0%	0.0%	0.0%
Tax Component	0.2%	0.2%	0.2%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	23.6%	23.4%	23.4%
MFIN MFI Earning (Annualised)	23.4%	23.2%	23.2%
MFIN Cost to Borrower (Annualised)	23.6%	23.4%	23.4%
Transparency Index	93	94	94
MFIN Transparency Index	99	100	100

Original Repayment Schedule	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF

* The APR stated here is an MFTransparency term, definition and formula

Nirmal Price Graphs

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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

	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
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Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Nirmal samples

Nirmal Price Graphs

Total Borrowers of Samples

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