2. Belstar
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

Belstar Investment and Finance Private Limited 11 C, Rathinammal Street , Rangarajapuram, KodambakkamChennai, Tamilnadu600024
Data approved: 2014-09-22
Data version: 4
Age of data: 117 months
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Product

Micro Enterprise Loan Product 1 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 1,213,447,806
Portfolio (USD)USD 22,895,241.62
Active Clients with Loans117,606
Approximate % Female Clients100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity group
Village banking
Self help groupx
Other
Description
Micro Enterprise Loan is designed to provide finance to start new enterprise or strengthen existing enterprises.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Household income <60,000 INRx
Household income <120,000 INRx
Must live in rural area
Must lives in urban area
OtherMust be a Member of an SHG
Other (2)Must be in the age group of 18 to 60 years.
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution3
# Regions for this product4
Regions ActiveKarnataka, Madhya Pradesh, Tamil Nadu, Puducherry

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 12,000
Maximum loan size30,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,00060%
INR 15,000-25,00030%
INR 25,000-35,00010%
INR 35,000-45,0000
Greater than INR 45,0000
Loan Term and Grace Period
Shortest loan term13.0 months
Longest loan term25.0 months
Approx average19.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months50%
Longer than 18 months50%
Grace Period
Grace period usage100%
Average grace period1.0 month
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest25.00%
Highest quoted nominal interest25.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN / A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min63
Fixed amount - max236
Reason for variationInsurance Premium varies depending on loan size & term.
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees12.4%
All or some fees taxedAll

Full Pricing Data

Micro Enterprise Loan samples
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
MFIN MFI Earning (Annualised)
MFIN Cost to Borrower (Annualised)
Transparency Index
MFIN Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
INR 24,000 Real 2014-08-28 24.7 months 0.0 months INR 7,150.83 27.7% 25.3% 1.1% 1.0% 0.3% 0.0% 26.4% 27.7% 88 99 PDF PDF
INR 24,000 Generated 2015-03-01 24.0 months N/A INR 7,474.28 27.0% 24.7% 1.0% 1.0% 0.3% 0.0% 25.7% 27.0% 93 100 - PDF
INR 15,000 Real 2014-08-28 15.8 months 0.9 months INR 2,995.33 29.0% 26.4% 1.6% 0.7% 0.3% 0.0% 28.0% 29.0% 84 95 PDF PDF
INR 15,000 Generated 2015-03-01 15.0 months N/A INR 2,993.18 27.1% 24.7% 1.5% 0.6% 0.3% 0.0% 26.2% 27.1% 92 100 - PDF
INR 12,000 Generated 2015-03-01 16.0 months N/A INR 2,545.87 27.2% 24.7% 1.4% 0.8% 0.3% 0.0% 26.1% 27.2% 92 100 - PDF
INR 12,000 Generated 2015-03-01 16.0 months N/A INR 2,545.87 27.2% 24.7% 1.4% 0.8% 0.3% 0.0% 26.1% 27.2% 92 100 - PDF
INR 15,000 Generated 2015-03-01 16.0 months N/A INR 3,164.65 27.0% 24.7% 1.4% 0.6% 0.3% 0.0% 26.1% 27.0% 93 100 - PDF
INR 24,000 Generated 2015-03-01 24.9 months N/A INR 7,762.07 26.9% 24.7% 1.0% 1.0% 0.2% 0.0% 25.7% 26.9% 93 100 - PDF
INR 30,000 Generated 2015-03-01 24.9 months N/A INR 9,636.30 26.7% 24.7% 1.0% 0.8% 0.2% 0.0% 25.7% 26.7% 94 100 - PDF
INR 30,000 Generated 2015-03-01 24.9 months N/A INR 9,636.30 26.7% 24.7% 1.0% 0.8% 0.2% 0.0% 25.7% 26.7% 94 100 - PDF
* The APR stated here is an MFTransparency term, definition and formula
Micro Enterprise Loan Price Graphs


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  2. COAC FondVida
Please note that the information you are viewing is 170 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

COAC FondVida Flavio Alfaro Oe6 - 150 y Francisco DavilaQuito, Pichincha
Data approved: 2010-11-08
Data version: 1
Age of data: 170 months

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?No
Website addressN/A
Year established2000
Head of InstitutionSandra Mireya Naula Cuenca
Regions active
# Branches1

Total Portfolio (nat'l)USD 4,200,342
Total Portfolio (USD)USD 4,200,342
Active clients with loans2,511
Approximate % female clients40% - 60%
Approximate % urban clients80% - 100%
Network affiliationsRFR, Contrato Social por la Vivienda
Funders

Loan Products » Summary

Consumo
1,076 Borrowers
USD 2,021,763 Portfolio
Active Product
Solidario
180 Borrowers
USD 111,491 Portfolio
Active Product
Individual
1,209 Borrowers
USD 1,949,015 Portfolio
Active Product
Vivienda
46 Borrowers
USD 118,073 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Crédito de consumo USD 100 - 5,000 3 - 36 60% - 80% 80% - 100% Any Purpose Women, Men, Si el deudor no es propietario de una casa, el garante sí requiere tener una casa., Pueden acceder personas desde los 18 años de edad en adelante. Credit Educ, Credit Ins, Asesoría administración del dinero
Crédito Grupal Solidario USD 500 - 1,500 6 - 15 60% - 80% 80% - 100% Business Women, Men, Los grupos se conforman con personas de la misma zona de residencia, Se utiliza la garantía grupal Credit Educ, Group Mtgs, Credit Ins, Business Training, Capacitación en proyectos de vida y espíritu emprendedor
Crédito Individual para Micro USD 100 - 5,000 3 - 24 60% - 80% 80% - 100% Business, Housing, Other, Como capiltal para iniciar un negocio, Incremento de mercadería Women, Men, Si el deudor no es propietario de una casa, el garante sí requiere tener una casa., Pueden acceder personas desde los 15 años de edad en adelante Credit Educ, Credit Ins, Tech Asst Visits, Business Training, Capacitación en formulación de planes de negocio, Capacitación en proyectos de vida y espíritu emprendedor

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Crédito de consumo 14.0%-16.0% annual, Decl Bal 1 Fee 0 Ins None 5.00 ongoing 16.2% - 16.4% 17.3% - 19.8% 75
Crédito Grupal Solidario 14.0%-18.5% annual, Decl Bal 1 Fee 0 Ins None 5.00 ongoing 18.8% 20.8% - 21.2% 66
Crédito Individual para Micro 14.0%-18.5% annual, Decl Bal 1 Fee 0 Ins None 5.00 ongoing 18.7% - 18.8% 20.2% - 24.3% 65
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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