2. Equitas
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

Singhivi Investment & Finance Pvt. Ltd. 4th Floor, Temple Tower, 672 Anna Salai, NandanamChennai, Tamil Nadu600035
Data approved: 2013-02-20
Data version: 3
Age of data: 139 months
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Product

Second Cycle Loan Product 11 of 18 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 5,710,000,000
Portfolio (USD)USD 107,735,849.10
Active Clients with Loans540,000
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Primary microcredit loan given under the JLG model for the purpose of capital infusion into members for existing business.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
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 institution2
# Regions for this product5
Regions ActiveGujarat, Madhya Pradesh, Rajasthan, Tamil Nadu, Puducherry

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 12,000
Maximum loan size18,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,00050%
INR 15,000-25,00050%
INR 25,000-35,0000
INR 35,000-45,0000
Greater than INR 45,0000
Loan Term and Grace Period
Shortest loan term18.0 months
Longest loan term24.0 months
Approx average24.0 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 months10%
Longer than 18 months90%
Grace Period
Grace period usage100%
Average grace periodDK
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeksx
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest25.50%
Highest quoted nominal interest25.50%
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
DescriptionTerm Life Insurance
% of loan amount - min1.46%
% of loan amount - max1.46%
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 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 taxedSome

Full Pricing Data

Second Cycle Loan samples
Sample 1Sample 2Sample 3
Loan AmountINR 15,000INR 14,000INR 15,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-02-282013-02-282013-02-28
Loan Term (Months)24.0 months17.0 months24.0 months
Grace Period (Months)0.2 months0.0 months0.1 months
Total Cost of CreditINR 4,587.54INR 3,073.30INR 4,601
True Price by Comp     
Interest price component24.9%25.3%25.0%
Fee Component1.1%1.4%1.0%
Insurance Component1.6%2.2%1.6%
Tax Component0.1%0.2%0.1%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)27.7%29.1%27.7%
MFIN MFI Earning (Annualised)26.0%26.7%26.0%
MFIN Cost to Borrower (Annualised)27.7%29.1%27.7%
Transparency Index928892
MFIN Transparency Index100100100
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Second Cycle Loan Price Graphs


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  2. SISDO
Please note that the information you are viewing is 141 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Smallholder Irrigation Schemes Development Organization (SISDO) P.O. Box 76622Nairobi
Data approved: 2013-06-25
Data version: 2
Age of data: 141 months
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Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.sisdo.org/
Year established1991
Head of InstitutionSimon Maina
Regions activeCentral, Eastern, Nairobi, Rift Valley, Western
# Branches16

Total Portfolio (nat'l)KES 302,871,417
Total Portfolio (USD)USD 3,657,867.36
Active clients with loans7,374
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliations
Funders

Loan Products » Summary

Asset
504 Borrowers
USD 211,054.75 Portfolio
Active Product
Daraja
489 Borrowers
USD 660,029.66 Portfolio
Active Product
Farm Input
87 Borrowers
USD 18,298.92 Portfolio
Active Product
Inua
5,770 Borrowers
USD 2,508,645.07 Portfolio
Active Product
School Fees
214 Borrowers
USD 42,268.63 Portfolio
Active Product
Zero Grazing
242 Borrowers
USD 107,802.01 Portfolio
Active Product
Individual
37 Borrowers
USD 86,536.70 Portfolio
Low Volume Product
Emergency
5 Borrowers
USD 2,595.40 Portfolio
Low Volume Product
Maji
0 Borrowers
USD 469.89 Portfolio
Low Volume Product
Afya
21 Borrowers
USD 14,305.29 Portfolio
Low Volume Product
Mwangaza
5 Borrowers
USD 5,861.03 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
Asset Financing Loan KES 20,000 - 50,000 3 - 12 40% - 60% 40% - 60% Business, Housing Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Daraja Loan KES 50,000 - 300,000 3 - 24 40% - 60% 0% - 20% Business, Only working capital Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Health Insurance - optional
Farm Inputs Loan KES 5,000 - 100,000 3 - 12 40% - 60% 0% - 20% Business Women, Men, Must be a farmer Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Inua Loan KES 5,000 - 300,000 3 - 18 40% - 60% 20% - 40% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Health insurance - optional
School Fees Loan KES 3,000 - 100,000 3 - 12 60% - 80% 40% - 60% Education Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Zero Grazing Loan KES 10,000 - 300,000 3 - 18 40% - 60% 20% - 40% Agriculture, Improvement to shed, purchase of cow, chaff-cutter Women, Men, Have business, Farmers only Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Health insurance - optional

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Asset Financing Loan 20.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 100.00 ongoing 37.6% - 38.5% 70.3% - 83.8% 26
Daraja Loan 22.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 500.00 ongoing 40.9% - 41% 73% - 119.1% 25
Farm Inputs Loan 22.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 100.00 ongoing 30.9% - 41.8% 58.3% - 148.4% 27
Inua Loan 22.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 100.00 ongoing 40.9% - 41.9% 69.4% - 113% 27
School Fees Loan 20.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 100.00 ongoing 37.6% 66.5% - 113.4% 25
Zero Grazing Loan 22.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 100.00 ongoing 39.2% - 41.8% 69.2% - 87.7% 29
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Key Statistics
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# 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
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