2. Belstar
Please note that the information you are viewing is 118 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. KBL
Please note that the information you are viewing is 113 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: 118 months
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Institution

Khushhali Bank Limited 4th Floor, 94 west, Jinnah AvenueIslamabad, Federal44000
Data approved: 2015-04-20
Data version: 2
Age of data: 113 months
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Product

Educational Loan Product 2 of 2 « Prev | Next »

Product

Khushhali Karza - EMI (Group Based Lending) Product 2 of 16 « Prev | Next »

Product Summary

Number borrowers5,485
Loan Amount (range)INR 11,000 - 11,000
Loan Term (range)12
Other Services (text summary)Credit Ins
Annual Interest & Method25.0% annual, Decl Bal
Fees1.00% upfront
Insurance63.00 upfront
Tax12.36% fees
Comp DepN/A
Range of pricing 
Interest Price Component24.7% - 26.4%
Fee Component1.0% - 1.8%
Insurance Component0.6% - 1.1%
Tax Component Range0.2% - 0.4%
Full APR (int fee ins tax dep)28.0%
Transparency Index (min/max)84 - 94
Transparency Index (average)89

Product Summary

82,054
PKR 15,000 - 50,000
3 - 12
Group Mtgs, Credit Ins
31.0% annual, Decl Bal
800.00-1,000.00 upfront
None
16.00% fees
N/A
 
22.4% - 30.6%
1.0% - 13.7%
0
0.1% - 2.3%
36.3% - 46.6%
67 - 100
78

Product Details

Key Statistics
Outstanding portfolio (INR)INR 55,670,000
Portfolio (USD)USD 1,050,377.36
Active Clients with Loans5,485
Approximate % Female Clients100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity group
Village banking
Self help groupx
Other
Description
Education Loan is provided to meet the Education expenses such as Tution Fees, Books, Uniform, Transportation Fees and other expenses of the childern of SHG Members
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Educationx
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
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
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution3
# Regions for this product3
Regions ActiveKarnataka, Tamil Nadu, Puducherry

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 1,120,243,405
Portfolio (USD)USD 11,000,790.24
Active Clients with Loans82,054
Approximate % Female Clients20% - 40%
Approximate % Urban Clients40% - 60%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Khushhali Karza-EMI ( Group Based Lending)
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
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 institution6
# Regions for this product6
Regions ActiveAzad Kashmir, Balochistan, Islambad Capital Territory, Khyber Pakhtunkwa, Punjab, Sindh

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 11,000
Maximum loan size11,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,000100%
INR 15,000-25,0000
INR 25,000-35,0000
INR 35,000-45,0000
Greater than INR 45,0000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term12.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
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

Loan Conditions

Loan Amount
CurrencyPKR
Minimum loan sizePKR 15,000
Maximum loan size50,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,0000
PKR 10,000-25,00080%
PKR 25,000-50,00020%
PKR 50,000-75,0000
PKR 75,000-150,0000
Greater than PKR 150,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average11.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months10%
Between 10 and 12 months90%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
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 - max63
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

Pricing Information

Interest
Lowest quoted nominal interest31.00%
Highest quoted nominal interest31.00%
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 - min0
% of loan amount - max0
OR, Fixed amount - min800
Fixed amount - max1,000
Reason for variationLoan =<PKR 30,000= 800, > 30,000 and = 50,000 = 1000
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 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 fees16%
All or some fees taxedSome

Full Pricing Data

Educational 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 11,000 Generated 2015-03-01 12.0 months N/A INR 1,795.75 28.0% 24.7% 1.8% 1.1% 0.4% 0.0% 26.5% 28.0% 89 100 - PDF
INR 11,000 Generated 2015-03-01 12.0 months N/A INR 1,795.75 28.0% 24.7% 1.8% 1.1% 0.4% 0.0% 26.5% 28.0% 89 100 - PDF
INR 11,000 Generated 2015-03-01 12.0 months N/A INR 1,795.75 28.0% 24.7% 1.8% 1.1% 0.4% 0.0% 26.5% 28.0% 89 100 - PDF
INR 11,000 Generated 2015-03-01 12.0 months N/A INR 1,795.75 28.0% 24.7% 1.8% 1.1% 0.4% 0.0% 26.5% 28.0% 89 100 - PDF
* The APR stated here is an MFTransparency term, definition and formula

Full Pricing Data

Khushhali Karza - EMI (Group Based Lending) 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
Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
PKR 15,000 Generated 2015-06-01 9.0 months N/A PKR 2,938.15 46.6% 30.6% 13.7% 0.0% 2.3% 0.0% 67 - PDF
PKR 18,000 Generated 2015-06-01 12.0 months N/A PKR 4,099.58 40.9% 30.6% 8.9% 0.0% 1.4% 0.0% 76 - PDF
PKR 20,000 Generated 2015-06-01 12.0 months N/A PKR 4,451.98 39.9% 30.6% 8.0% 0.0% 1.3% 0.0% 78 - PDF
PKR 22,000 Generated 2015-06-01 12.0 months N/A PKR 4,804.38 39.0% 30.6% 7.2% 0.0% 1.2% 0.0% 79 - PDF
PKR 24,000 Generated 2015-06-01 12.0 months N/A PKR 5,156.78 38.3% 30.6% 6.6% 0.0% 1.1% 0.0% 81 - PDF
PKR 25,000 Generated 2015-06-01 12.0 months N/A PKR 5,332.98 38.0% 30.6% 6.3% 0.0% 1.1% 0.0% 82 - PDF
PKR 30,000 Generated 2015-06-01 12.0 months N/A PKR 6,445.97 38.3% 30.6% 6.6% 0.0% 1.1% 0.0% 81 - PDF
PKR 40,000 Generated 2015-06-01 12.0 months N/A PKR 8,207.96 36.3% 30.6% 4.9% 0.0% 0.8% 0.0% 85 - PDF
Educational Loan Price Graphs


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Khushhali Karza - EMI (Group Based Lending) 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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X Axis
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N (# of Samples)
Total Borrrowers of Samples
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Std Dev
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By Country

Total Borrowers of Samples

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