- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AGFS	200	47,000	2	159
Ahantaman RB	23,800	9,896,000	4	141
APED	13,700	1,876,000	2	141
ASA Initiative	4,400	577,000	4	141
ASA-Ghana	71,600	18,385,000	2	141
ASPI	800	88,000	6	141
Atwima Kwanwoma	3,800	1,788,000	2	141
Baobab	5,100	967,000	2	141
BestFUND	13,000	4,172,000	3	141
Bonzali Rural	10,400	1,691,000	4	159
CashPhase	83	135,000	2	141
CASUD	1,100	524,000	1	141
CEDEF	500	54,000	4	141
CFF	100	13,000	1	141
CRAN	3,600	1,019,000	2	141
DQF	1,700	63,000	2	141
EASL	9,200	11,409,000	6	141
East Mamprusi	12,500	2,268,000	4	141
ELDA	0	0	0	141
EMPRETEC Ghana	200	56,000	2	141
FASL	13,500	14,047,000	8	141
Grameen Ghana	9,500	507,000	3	141
ID-Ghana	5,600	953,000	3	141
Innovative Finance	2,700	354,000	3	141
Kraban Support	7,700	781,000	5	159
KRB	4,000	6,350,000	3	141
Lower Pra RB	34,000	6,316,000	3	159
Maata-N-Tudu	12,000	941,000	4	141
Mail Finance	300	288,000	1	141
Markaz	0	0	0	141
Markaz Al Bishara	100	17,000	1	141
MicrofinPlus Gh	1,100	251,000	2	141
Nwabiagya RB	4,000	2,265,000	3	141
OISL	62,000	27,232,000	9	141
Pro Credit	0	0	0	141
Rich Step	100	101,000	1	141
SAT	147,600	29,359,000	4	141
Sekam Trust	600	137,000	2	141
Simli Pong	8,900	463,000	3	159
SS Ghana	200	35,000	1	141
TCCU	100	32,000	3	141
The Bridge	400	32,000	3	159
Union RB	3,800	2,361,000	4	141

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

NBS Bank Limited (SME Department) Chipembere HighwayBlantyre, SouthPO Box 32251

Data approved: 2011-01-06

Data version: 1

Age of data: 171 months

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Product

Ordinary SME Loan Product 1 of 1 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (MWK)	MWK 200,000,000
Portfolio (USD)	USD 512,820.51
Active Clients with Loans	540
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	20% - 40%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Ordinary SME loans granted to micro, small and medium enterprises. Loans are short term 1 - 12 months and are granted against soft collateral. Credit decision is made within 7 days.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other	Can be used for ANY business use
Other (2)

Included Services

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

Eligibility

Men	x
Women	x
Must run a business	x
Must own a home or land
Must be a salaried worker
Must be specific age group	x
Other	Fixed business or residential place
Other (2)	Produce business records or bank statements

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	4
# Regions for this product	4
Regions Active	Lilongwe, Rumphi, Blantyre, Mulanje

Loan Conditions

Loan Amount

Currency	MWK
Minimum loan size	MWK 200,000
Maximum loan size	1,500,000

Distribution at Disbursement (Est.)

Loans less than MWK 50,000	0
MWK 50,000-150,000	0
MWK 150,000-250,000	10%
MWK 250,000-350,000	10%
MWK 350,000-450,000	10%
Greater than MWK 450,000	10%

Loan Term and Grace Period

Shortest loan term	1.0 month
Longest loan term	24.0 months
Approx average	12.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	20%
Between 4 and 6 months	20%
Between 7 and 9 months	20%
Between 10 and 12 months	20%
Between 13 and 18 months	10%
Longer than 18 months	10%

Grace Period

Grace period usage	10%
Average grace period	3.0 months

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	2.00%
Highest quoted nominal interest	3.00%
Reason(s) why interest rate varies	Loan Size, Client Risk
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Administration Fee
% of loan amount - min	1.00%
% of loan amount - max	3.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/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 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?	No

Are taxes charged on this product?

Full Pricing Data

Ordinary SME Loan samples

	Sample 1	Sample 2	Sample 3
Loan Amount	MWK 250,000	MWK 350,000	MWK 500,000
Loan Cycle (1, 2, 3, etc)	1	1	2
Disbursement Date	2010-06-02	2010-06-01	2009-07-15
Loan Term (Months)	12.0 months	12.0 months	12.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	38.3%	38.1%	37.9%
Insurance Component	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	38.3%	38.1%	37.9%
Transparency Index	63	63	63

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

Ordinary SME Loan Price Graphs

Click to view Price Analysis Tool

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
	to
	to
	to ∞

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

Ordinary SME Loan samples

Ordinary SME Loan Price Graphs

Total Borrowers of Samples

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