BARASAT GRAMEEN SOCIETY - MFTransparency.org Truth In Lending Tables

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

BARASAT GRAMEEN SOCIETY Ramkrishnalane, Noapara, Barasat,Barasat, West Bengal700125

Data approved: 2010-10-25

Data version: 1

Age of data: 171 months

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Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	Yes
Website address	N/A
Year established	2008
Head of Institution	Gouranga Kumar Sarkar
Regions active
# Branches	1

Total Portfolio (nat'l)	INR 5,273,925
Total Portfolio (USD)	USD 99,508.02
Active clients with loans	1,164
Approximate % female clients	80% - 100%
Approximate % urban clients	40% - 60%
Network affiliations

Loan Products » Summary

Small Loan

1,164 Borrowers

USD 99,508.02 Portfolio

Active Product

Loan Products » Conditions

Product Name		Loan Size Range		Loan Term (months)		% Female		% Urban		Loan Purpose		Eligibility		Other Services
Small Loan		INR 5,000 - 10,000		10.6		80% - 100%		40% - 60%		Business, Consumer		Women, Have business		Credit Educ, Group Mtgs, Credit Ins

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
Small Loan		0		29.7% - 34.2%		37.7% - 43.1%								N/A

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Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
Small Loan		15.0% annual, Flat		1 Fee		1 Ins		None		10.0% upfront		29.7% - 34.2%		37.7% - 43.1%		37

Institution Price Graph

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Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Maata-N-Tudu Association Head OfficeTamale, NorthernP.O. Box 1015

Data approved: 2013-02-13

Data version: 2

Age of data: 139 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (GHS)	GHS 543,996
Portfolio (USD)	USD 276,140.10
Active Clients with Loans	3,728
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	40% - 60%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

Six month loan term with one month grace period and five equal monthly installments. Initial loan size is GHS 50 and the maximum is GHS 300.

Loan Purpose

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

Included Services

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

Eligibility

Men
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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	3
# Regions for this product	3
Regions Active	Northern Region, Upper East Region, Upper West Region

Loan Conditions

Loan Amount

Currency	GHS
Minimum loan size	GHS 50
Maximum loan size	1,000

Distribution at Disbursement (Est.)

Loans less than GHS 1,000	100%
GHS 1,000-5,000	0
GHS 5,000-7,500	0
GHS 7,500-10,000	0
GHS 10,000-13,000	0
Greater than GHS 13,000	0

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	6.0 months
Approx average	6.0 months

Distribution at Disbursement (Est.)

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

Grace Period

Grace period usage	100%
Average grace period	1.0 month

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	3.00%
Highest quoted nominal interest	3.00%
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Membership dues
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	3.75
Fixed amount - max	3.75
Reason for variation	1st cycle loans= 5.75 GHS. Multiple cycle loans= 3.75 GHS
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	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	No
Do borrowers control deposit in their group?	No

Deposit BEFORE or AT Disbursement

% loan amount deposited	20.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Trading Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	GHS 300	GHS 200	GHS 650	GHS 800
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2012-11-07	2012-11-07	2012-11-07	2012-11-07
Loan Term (Months)	6.0 months	6.0 months	6.0 months	6.0 months
Grace Period (Months)	1.0 month	1.0 month	1.0 month	1.0 month
Total Cost of Credit	GHS 57.75	GHS 39.75	GHS 120.75	GHS 147.75
True Price by Comp
Interest price component	50.5%	50.5%	50.5%	50.5%
Fee Component	3.9%	5.8%	1.8%	1.4%
Insurance Component	0.0%	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	20.0%	20.8%	19.1%	19.1%
Full APR (int fee ins tax dep)	74.4%	77.1%	71.4%	71.0%
Transparency Index	48	47	50	51

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

Trading Loan 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
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	Less or equal to:
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Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Institution Price Graph

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

Trading Loan samples

Trading Loan Price Graphs

Total Borrowers of Samples

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