| Number borrowers | 1,888 |
| Loan Amount (range) | INR 1,000 - 50,000 |
| Loan Term (range) | 6 - 10.7 |
| Other Services (text summary) | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training |
| Annual Interest & Method | 15.0% annual, Flat |
| Fees | 2.00% upfront |
| Insurance | 2.00% upfront |
| Tax | None |
| Comp Dep | 5.0% upfront 50.00 ongoing |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 33.8% - 34.6% (Int+Fee) |
| Insurance Component | 2.4% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 42.2% - 48.0% |
| Transparency Index (min/max) | 31 - 36 |
| Transparency Index (average) | 34 |
| 1,226 |
| USD 151 - 1,000 |
| 3 - 24 |
| Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training |
| 32.4%-36.0% annual, Decl Bal |
| None |
| None |
| None |
| N/A |
| 21.5% - 35.9% |
| 0 |
| 0 |
| 0 |
| 33.3% - 33.5% |
| 68 - 100 |
| 97 |
| Outstanding portfolio (INR) | INR 7,701,610 |
| Portfolio (USD) | USD 145,313.40 |
| Active Clients with Loans | 1,888 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | x |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | x |
| Business training | x |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| Men | |
| Women | x |
| Must run a business | x |
| Must own a home or land | x |
| 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 |
| Outstanding portfolio (USD) | USD 603,741.73 |
| Portfolio (USD) | USD 603,741.73 |
| Active Clients with Loans | 1,226 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | x |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | x |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | x |
| Must be a salaried worker | x |
| Must be specific age group | x |
| Other | |
| Other (2) |
| # Regions for this institution | 20 |
| # Regions for this product | 20 |
| Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh KongKratié, Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey VengSiem Reap, Svay Rieng, Takéo |
| Currency | INR |
| Minimum loan size | INR 1,000 |
| Maximum loan size | 50,000 |
| Shortest loan term | 6.0 months |
| Longest loan term | 10.7 months |
| Approx average | 10.7 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| 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 |
| Currency | USD |
| Minimum loan size | USD 151 |
| Maximum loan size | 1,000 |
| Loans less than USD 250 | 0 |
| USD 250-1,000 | 100% |
| USD 1,000-1,500 | 0 |
| USD 1,500-2,000 | 0 |
| USD 2,000-2,500 | 0 |
| Greater than USD 2,500 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 24.0 months |
| Approx average | 18.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 5% |
| Between 7 and 9 months | 5% |
| Between 10 and 12 months | 10% |
| Between 13 and 18 months | 50% |
| Longer than 18 months | 30% |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | x |
| Quarterly | x |
| Every 6 months | x |
| 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? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Processing Fee |
| % of loan amount - min | 2.00% |
| % of loan amount - max | 2.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| Ins 1 | |
|---|---|
| Description | LPF & Insurance Fee |
| % of loan amount - min | 2.00% |
| % of loan amount - max | 2.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? |
| % loan amount deposited | 5.00% - N/A |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | INR 50 - N/A |
| Conditions on access to deposit | Final Pmt |
| Minimum interest rate paid | 0 |
| Maximum interest rate paid | 0 |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Lowest quoted nominal interest | 2.70% |
| Highest quoted nominal interest | 3.00% |
| Reason(s) why interest rate varies | Branch, Client Risk |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | 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? | No |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | INR 5,000 | INR 10,000 | INR 20,000 | INR 22,000 | INR 50,000 | ||||
| Loan Cycle (1, 2, 3, etc) | 1 | 1 | Not Known | Not Known | Not Known | ||||
| Disbursement Date | 2010-07-28 | 2010-05-29 | 2010-07-19 | 2010-03-29 | 2010-04-29 | ||||
| Loan Term (Months) | 10.7 months | 10.7 months | 10.7 months | 10.7 months | 10.7 months | ||||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | ||||
| Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
| True Price by Comp | |||||||||
| Interest and Fee Component | 34.2% | 34.2% | 34.6% | 33.8% | 34.4% | ||||
| Insurance Component | 2.4% | 2.4% | 2.4% | 2.4% | 2.4% | ||||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
| Deposit Component | 11.4% | 7.2% | 5.5% | 7.6% | 5.4% | ||||
| Full APR (int fee ins tax dep) | 48.0% | 43.8% | 42.5% | 43.7% | 42.2% | ||||
| MFIN MFI Earning (Annualised) | 34.2% | 34.2% | 34.6% | 33.8% | 34.4% | ||||
| MFIN Cost to Borrower (Annualised) | 48.0% | 43.8% | 42.5% | 43.7% | 42.2% | ||||
| Transparency Index | 31 | 34 | 35 | 34 | 36 | ||||
| MFIN Transparency Index | N/A | N/A | N/A | N/A | N/A | ||||
| Original Repayment Schedule | |||||||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | USD 160 | USD 300 | USD 600 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-02-11 | 2013-02-11 | 2013-02-20 | ||
| Loan Term (Months) | 23.0 months | 11.0 months | 23.0 months | ||
| Grace Period (Months) | 0.0 months | 0.2 months | 0.0 months | ||
| Total Cost of Credit | USD 53.87 | USD 50.83 | USD 195.93 | ||
| True Price by Comp | |||||
| Interest price component | 33.3% | 33.5% | 33.3% | ||
| Fee Component | 0.0% | 0.0% | 0.0% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 33.3% | 33.5% | 33.3% | ||
| Transparency Index | 97 | 97 | 97 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
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| N (# of Samples) | ||||||
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| Avg | ||||||
| Min | ||||||
| Max | ||||||
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| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
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| to ∞ | ||||||
