Please note that the information you are viewing is
169 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2010-10-25
Data version: 1
Age of data: 169 months
Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | http://www.aesmp.org/ |
Year established | 2007 |
Head of Institution | Smt.Shaila Tiwari |
Regions active | |
# Branches | 3 |
Total Portfolio (nat'l) | INR 46,909,000 |
Total Portfolio (USD) | USD 885,075.47 |
Active clients with loans | 4,674 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 40% - 60% |
Network affiliations | |
3,690 Borrowers
USD 286,998.40 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 5,000 - 12,000 |
|
10.9 - 12 |
|
80% - 100% |
|
40% - 60% |
|
Any Purpose |
|
Women, Have business, Have home or land, Specific age group, Age Group 21 to 55 |
|
Group Mtgs, Credit Ins, Tech Asst Visits, Other Training, Dairy Training; Financial Literacy Training |
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 |
|
0 |
|
36.1% - 37% |
|
38.4% - 39.4% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
Income Generation Loan |
|
15.0% annual, Flat |
|
1 Fee |
|
1 Ins |
|
None |
|
N/A |
|
36.1% - 37% |
|
38.4% - 39.4% |
|
38 |
Please note that the information you are viewing is
117 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 1900-01-00
Data version: 1
Age of data: 117 months
Key Statistics
Outstanding portfolio (AZN) | AZN 8,650,283 |
Portfolio (USD) | USD 11,090,106.41 |
Active Clients with Loans | 11,415 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 40% - 60% |
Methodology
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other | |
Description
This product includes all kinds of agricultural activities, such as planting, cattle-breeding, poultry farming,animal husbandry, bee-keeping.
Loan Purpose
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | |
Other household finance | |
Other | |
Other (2) | |
Included Services
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
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 | |
Other | |
Other (2) | |
Portfolio Size by Product
Geographic Coverage
# Regions for this institution | 2 |
# Regions for this product | 2 |
Regions Active | Ganja-Qazakh, Shaki-Zaqatala |
Loan Conditions
Loan Amount
Currency | AZN |
Minimum loan size | AZN 300 |
Maximum loan size | 6,000 |
Distribution at Disbursement (Est.)
Loans less than AZN 1,000 | 50% |
AZN 1,000-5,000 | 30% |
AZN 5,000-8,000 | 20% |
AZN 8,000-11,000 | 0 |
AZN 11,000-14,000 | 0 |
Greater than AZN 14,000 | 0 |
Loan Term and Grace Period
Shortest loan term | 3.0 months |
Longest loan term | 18.0 months |
Approx average | 11.0 months |
Distribution at Disbursement (Est.)
Loans 3 months or less | 0 |
Between 4 and 6 months | 15% |
Between 7 and 9 months | 15% |
Between 10 and 12 months | 50% |
Between 13 and 18 months | 20% |
Longer than 18 months | 0 |
Grace Period
Grace period usage | 100% |
Average grace period | 4.0 months |
Repayment Frequency
Daily | |
Weekly | |
Every 2 weeks | |
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 | 2.40% |
Highest quoted nominal interest | 2.90% |
Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Loan Purpose |
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 | Commission fee |
% of loan amount - min | 2.00% |
% of loan amount - max | 3.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Ongoing Fees
This product has no ongoing feesUpfront Insurance Fees
| Ins 1 |
---|
Description | Insurance 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 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 |
Additional Comments
Viator provides Agricultural Loan soft (AZN) with interest rate 2,4% for clients who are already in the 10th cycle and for clients who have finished 2 business courses training of the FINLED (Financial Literacy and Education) program provided by Viator HRDP Department. For those clients who avail loan less than 2,000 AZN or 2,000 USD Viator shoulders the Credit Bureau Fee of 1 AZN.
Full Pricing Data
Agricultural Loan samples
| Sample 1 | | Sample 2 |
---|
Loan Amount | AZN 500 | | AZN 2,300 |
Loan Cycle (1, 2, 3, etc) | Not Known | | Not Known |
Disbursement Date | 2014-05-06 | | 2014-05-08 |
Loan Term (Months) | 12.0 months | | 16.0 months |
Grace Period (Months) | 0.0 months | | 0.1 months |
Total Cost of Credit | AZN 103.35 | | AZN 609.84 |
True Price by Comp | | | |
Interest price component | 30.5% | | 30.7% |
Fee Component | 3.9% | | 3.0% |
Insurance Component | 2.0% | | 1.6% |
Tax Component | 0.0% | | 0.0% |
Deposit Component | 0.0% | | 0.0% |
Full APR (int fee ins tax dep) | 36.4% | | 35.3% |
Transparency Index | 79 | | 82 |
| | | |
Original Repayment Schedule | PDF | | PDF |
MFT Pricing Calculation | PDF | | PDF |
Agricultural Loan Price Graphs