Outstanding portfolio (INR) | INR 238,600,000 |
Portfolio (USD) | USD 4,501,886.79 |
Active Clients with Loans | 49,025 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | |
Village banking | |
Self help group | x |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | x |
Credit insurance | |
Workplace visits | x |
Business training | x |
Other training | |
Other | |
Other (2) | |
No other services |
Men | |
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 | |
Household income <120,000 INR | |
Must live in rural area | |
Must lives in urban area | |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | INR |
Minimum loan size | INR 5,000 |
Maximum loan size | 25,000 |
Shortest loan term | 12.0 months |
Longest loan term | 12.0 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 | 100% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 10% |
Average grace period | 0.5 months |
Daily | |
Weekly | x |
Every 2 weeks | |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 15.00% |
Highest quoted nominal interest | 15.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Documentation Charge |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 30 |
Fixed amount - max | 30 |
Reason for variation | |
Appears on Repayment Sched? | No |
Ins 1 | |
---|---|
Description | Insurance |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 25 |
Fixed amount - max | 25 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | |
Do borrowers control deposit in their group? |
% loan amount deposited | 15.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 - 15.00% |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | INR 6,000 | INR 10,000 | INR 19,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2010-06-24 | 2010-06-24 | 2010-05-27 | ||
Loan Term (Months) | 11.7 months | 11.7 months | 11.7 months | ||
Grace Period (Months) | 1.0 month | 1.0 month | 0.0 months | ||
Total Cost of Credit | Not Known | Not Known | Not Known | ||
True Price by Comp | |||||
Interest and Fee Component | 29.2% | 28.8% | 28.8% | ||
Insurance Component | 0.9% | 0.5% | 0.3% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 10.6% | 10.4% | 10.3% | ||
Full APR (int fee ins tax dep) | 40.7% | 39.7% | 39.4% | ||
MFIN MFI Earning (Annualised) | 29.2% | 28.8% | 28.8% | ||
MFIN Cost to Borrower (Annualised) | 40.7% | 39.7% | 39.4% | ||
Transparency Index | 37 | 38 | 38 | ||
MFIN Transparency Index | N/A | N/A | N/A | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | http://www.rcdspk.org |
Year established | 1998 |
Head of Institution | Muhammad Murtaza |
Regions active | Punjab |
# Branches | 20 |
Total Portfolio (nat'l) | PKR 443,135,230 |
Total Portfolio (USD) | USD 4,521,788.06 |
Active clients with loans | 31,965 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations | PMN, PMFN, BWTP, PCP |
Funders | PPAF, ASF, UNDP, Engro Foundation |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Credit & Enterprise Development | PKR 5,000 - 75,000 | 12 | 80% - 100% | 20% - 40% | Business, Agriculture | Women, Men, Have business, Specific age group | Credit Educ, Group Mtgs, Business Training, Other Training | |||||||
Enterprise Development Facility | PKR 70,000 - 150,000 | 18 | 60% - 80% | 20% - 40% | Business | Women, Men, Have business, Have home or land, Specific age group | Credit Educ, Group Mtgs, Business Training, Other Training | |||||||
Live Stock Financing | PKR 40,000 - 100,000 | 18 | 80% - 100% | 20% - 40% | Business, Agriculture | Women, Men, Have business, Have home or land, Specific age group | Credit Educ, Group Mtgs, Business Training, Other Training | |||||||
Strengthening Micro Enterprises | PKR 100,000 - 300,000 | 24 | 0% | 20% - 40% | Business, Agriculture | Women, Men, Have business, Have home or land, Specific age group | Credit Educ, Business Training, Other Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Credit & Enterprise Development | 20.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 44.7% - 48% | 44.7% - 48% | N/A | ||||||||
Enterprise Development Facility | 15.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 33.5% | 33.5% | N/A | ||||||||
Live Stock Financing | 15.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 33.5% - 34.9% | 33.5% - 34.9% | N/A | ||||||||
Strengthening Micro Enterprises | 15.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 30.7% - 31.8% | 30.7% - 31.8% | N/A |
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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