Grameen Financial Services Pvt. Ltd. (Grameen Koota) - Sanitation Loan - MFTransparency.org Truth In Lending Tables

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Institution

Grameen Financial Services Pvt. Ltd. (Grameen Koota) AvalahaliJP Nagar-9th PhaseBanglore, Karnataka560062

Data approved: 2011-03-25

Data version: 1

Age of data: - months

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Product

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Product Details

Key Statistics

Outstanding portfolio (INR)	INR 27,006,075
Portfolio (USD)	USD 600,135
Active Clients with Loans	5,260
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	0% - 20%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

The Product is offered for construction of toilets\r

Loan Purpose

Any purpose
Income generation
Mortgage/housing	x
Consumer loan
Agriculture
Education
Other household finance
Other	For construction of toilets
Other (2)

Included Services

Credit education
Group meetings	x
Credit insurance
Workplace visits
Business training	x
Other training
Other
Other (2)
No other services

Eligibility

Men
Women	x
Must run a business
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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	INR
Minimum loan size	INR 7,000
Maximum loan size	10,000

Loan Term and Grace Period

Shortest loan term	24.0 months
Longest loan term	24.0 months
Approx average	24.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	N/A
Between 4 and 6 months	N/A
Between 7 and 9 months	N/A
Between 10 and 12 months	N/A
Between 13 and 18 months	N/A
Longer than 18 months	N/A

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks	x
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 interest	21.00%
Highest quoted nominal interest	21.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	N/A
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

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 for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Sanitation Loan samples

	Sample 1	Sample 2
Loan Amount	INR 7,000	INR 10,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known
Disbursement Date	2011-09-16	2011-09-30
Loan Term (Months)	24.3 months	24.3 months
Grace Period (Months)	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known
True Price by Comp
Interest and Fee Component	22.2%	22.2%
Insurance Component	1.0%	0.7%
Tax Component	0.1%	0.1%
Deposit Component	0.0%	0.0%
Full APR (int fee ins tax dep)	23.3%	22.9%
MFIN MFI Earning (Annualised)	22.2%	22.2%
MFIN Cost to Borrower (Annualised)	23.3%	22.9%
Transparency Index	90	92
MFIN Transparency Index	N/A	N/A

Original Repayment Schedule	PDF	PDF
MFT Pricing Calculation	PDF	PDF

* The APR stated here is an MFTransparency term, definition and formula

Sanitation Loan Price Graphs

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Actuar Caldas	3,700	5,247,000	1	170
Actuar Quindio	2,300	2,800,000	2	170
Actuar Tolima	8,800	5,099,000	3	170
Amanecer	4,300	8,253,000	4	170
Banco Agrario	56,300	39,938,000	3	170
Banco WWB	219,400	294,019,000	5	165
Bancolombia	36,200	51,563,000	1	170
BdO	10,400	7,945,000	2	170
Comerciacoop	1,600	3,255,000	4	170
Confiar	43,800	81,993,000	7	170
Congente	5,400	20,045,000	2	170
Contactar	25,100	20,184,000	2	170
Crezcamos	27,500	22,564,000	4	170
Finamerica	39,800	99,536,000	7	170
FMM Popayán	310,000	243,614,000	3	170
FMSD	6,800	9,236,000	6	170
Fomentamos	900	102,000	1	170
Fund DeLaMujer	199,900	165,568,000	1	170
Fund Oleoductos	500	435,000	1	165
FUNDAUNIBAN	600	1,307,000	2	170
FUNDESAN	2,400	2,521,000	5	170
FUNDESMAG	1,000	1,698,000	2	170
Interactuar	30,200	93,846,000	4	170
MEDA	15,600	27,322,000	2	170
ProCredit CO	5,700	18,569,000	3	170

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

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Total Borrrowers of Samples


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