2. DIBAKAR
Please note that the information you are viewing is 176 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. CRAN
Please note that the information you are viewing is 145 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

DIBAKAR POST-DEWANHATCOOCHBEHAR, WEST BENGAL736134
Data approved: 2010-11-15
Data version: 1
Age of data: 176 months

Institution

Christian Rural Aid Network (CRAN) P.O.Box UC 97CAPE COAST, CENTRAL REGION233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 
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Product Summary

Number borrowers1,888
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 & Method15.0% annual, Flat
Fees2.00% upfront
Insurance2.00% upfront
TaxNone
Comp Dep5.0% upfront 50.00 ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component33.8% - 34.6% (Int+Fee)
Insurance Component2.4%
Tax Component Range0
Full APR (int fee ins tax dep)42.2% - 48.0%
Transparency Index (min/max)31 - 36
Transparency Index (average)34

Product Summary

6,488
GHS 200 - 1,000
4 - 12
42.00%-0.00% annual, Flat
 
N/A
62.7% (Int+Fee)
4.5% - 9.2%
0
84.8%
38 - 50
49

Product Details

Key Statistics
Outstanding portfolio (INR)INR 7,701,610
Portfolio (USD)USD 145,313.40
Active Clients with Loans1,888
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
DIBAKAR'S offers small, collateral free loan (1year) to its members. Dibakar follows a weekly repayment schedule. The weekly loan Installment for INR 1000 loan is INR 25 only.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loanx
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other trainingx
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
Must own a home or landx
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)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 1,350,000
Portfolio (USD)USD 900,000
Active Clients with Loans6,488
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
These loans include group susu (smaller group sizes, small payments on daily basis) credit with education done on weekly basis paid in the form of a group.\r
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Otherencouraging to save trainings
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
Otherstart ups
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 1,000
Maximum loan size50,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term10.7 months
Approx average10.7 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 200
Maximum loan size1,000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term12.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage100%
Average grace period0.3 months
Repayment Frequency
Dailyx
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest15.00%
Highest quoted nominal interest15.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min2.00%
% of loan amount - max2.00%
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
DescriptionLPF & Insurance Fee
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited5.00% - N/A
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedINR 50 - N/A
Conditions on access to depositFinal Pmt
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest42.00%
Highest quoted nominal interest42.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
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 variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance fee
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - N/A
or, Fixed-amount deposited0 - N/A
Deposits DURING period payments
% loan amount deposited0 - N/A
or, Fixed-amount deposited0 - N/A
Conditions on access to deposit
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Micro samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountINR 5,000INR 10,000INR 20,000INR 22,000INR 50,000
Loan Cycle (1, 2, 3, etc)11Not KnownNot KnownNot Known
Disbursement Date2010-07-282010-05-292010-07-192010-03-292010-04-29
Loan Term (Months)10.7 months10.7 months10.7 months10.7 months10.7 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component34.2%34.2%34.6%33.8%34.4%
Insurance Component2.4%2.4%2.4%2.4%2.4%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component11.4%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 Index3134353436
MFIN Transparency IndexN/AN/AN/AN/AN/A
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula

Full Pricing Data

Group Loans samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountGHS 400GHS 400GHS 600GHS 600
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-01-072013-01-072012-11-222012-11-22
Loan Term (Months)3.7 months3.7 months3.7 months3.7 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component62.7%62.7%62.7%62.7%
Insurance Component9.2%9.2%9.2%9.2%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component12.8%12.8%12.8%12.8%
Full APR (int fee ins tax dep)84.8%84.8%84.8%84.8%
Transparency Index50505050
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Micro Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeMultipleLoan PurposeDIBAKARInstitutionIN-021-V01-P01ProductINCountry2010YearRange Number1Institution Data Version010,00020,00030,00040,00050,000Loan Size (all)0%10%20%30%40%50%Full APR (int fee ins tax dep)> 30010020Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Group Loans Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeCRANInstitutionGH-015-V01-P01ProductGHCountry2011YearRange Number1Institution Data Version0100200300400500600Loan Size (all)0%20%40%60%80%Full APR (int fee ins tax dep)> 3,2002,4001,60080090Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Caps / Zoom options
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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