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 |
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 |
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 |
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 |
Outstanding portfolio (PKR) | PKR 2,399,344,864 |
Portfolio (USD) | USD 23,561,566.56 |
Active Clients with Loans | 54,626 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
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) |
# Regions for this institution | 3 |
# Regions for this product | 3 |
Regions Active | Khyber Pakhtunkwa, Punjab, Sindh |
Currency | PKR |
Minimum loan size | PKR 25,000 |
Maximum loan size | 150,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 0 |
PKR 25,000-50,000 | 50% |
PKR 50,000-75,000 | 20% |
PKR 75,000-150,000 | 30% |
Greater than PKR 150,000 | 30% |
Shortest loan term | 3.0 months |
Longest loan term | 18.0 months |
Approx average | 12.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 90% |
Between 13 and 18 months | 10% |
Longer than 18 months | 0 |
Grace period usage | 100% |
Average grace period | 0.3 months |
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 |
Lowest quoted nominal interest | 25.00% |
Highest quoted nominal interest | 30.00% |
Reason(s) why interest rate varies | Time as Client, Loan Size |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Processing Fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 500 |
Fixed amount - max | 3,000 |
Reason for variation | Depends on loan amount & if new or repeat client. Max amount for repeat clients is 1000 and for fresh clients it is 3000 |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Life Insurance |
% of loan amount - min | 1.10% |
% of loan amount - max | 1.10% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | 1.1% of the recovered amount |
Appears on Repayment Sched? | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | Yes |
Percentage of fees | 16% |
All or some fees taxed | Some |
Loan Amount |
Type of Sample |
Disbursement Date |
Loan Term (Months) |
Grace Period (Months) |
Total Cost of Credit |
Full APR (int fee ins tax dep) |
True Price by Component |
Transparency Index |
Original Repayment Schedule |
MFT Pricing Calculation |
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest price component |
Fee Component |
Insurance Component |
Tax Component |
Deposit Component |
||||||||||
PKR 50,000 | Real | 2015-03-25 | 12.0 months | N/A | PKR 16,875 | 57.8% | 50.1% | 4.1% | 2.9% | 0.7% | 0.0% | 43 | ||
PKR 50,000 | Generated | 2015-06-01 | 11.3 months | N/A | PKR 15,934.99 | 54.6% | 47.4% | 4.0% | 2.2% | 1.0% | 0.0% | 46 | - | |
PKR 60,000 | Real | 2015-04-08 | 12.0 months | N/A | PKR 19,991.40 | 57.6% | 48.7% | 5.1% | 2.9% | 0.9% | 0.0% | 43 | ||
PKR 60,000 | Generated | 2015-06-01 | 11.3 months | N/A | PKR 18,904.50 | 54.4% | 46.0% | 5.0% | 2.2% | 1.2% | 0.0% | 46 | - | |
PKR 26,000 | Generated | 2015-06-01 | 11.3 months | N/A | PKR 8,842.99 | 59.1% | 47.4% | 7.8% | 2.3% | 1.6% | 0.0% | 42 | - | |
PKR 30,000 | Generated | 2015-06-01 | 11.3 months | N/A | PKR 10,024.99 | 57.9% | 47.4% | 6.7% | 2.3% | 1.5% | 0.0% | 43 | - | |
PKR 35,000 | Generated | 2015-06-01 | 11.3 months | N/A | PKR 11,502.49 | 56.7% | 47.4% | 5.7% | 2.3% | 1.3% | 0.0% | 44 | - | |
PKR 45,000 | Generated | 2015-06-01 | 11.3 months | N/A | PKR 14,457.49 | 55.2% | 47.4% | 4.4% | 2.3% | 1.1% | 0.0% | 45 | - | |
PKR 70,000 | Generated | 2015-06-01 | 11.3 months | N/A | PKR 21,765.25 | 53.6% | 46.0% | 4.3% | 2.2% | 1.1% | 0.0% | 47 | - | |
PKR 100,000 | Generated | 2015-06-01 | 17.4 months | N/A | PKR 40,046.96 | 44.7% | 41.3% | 1.4% | 1.5% | 0.5% | 0.0% | 56 | - |
Key Statistics | |
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# Borrowers | |
Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
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