Nirmaan Bharati Samajik and Arthik Vikas Sangathan - 5k30w - MFTransparency.org Truth In Lending Tables

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Institution

Nirmaan Bharati Samajik and Arthik Vikas Sangathan B-991 Sector- A, Mandir MargMahanagarLucknow, Uttar Pradesh226006

Data approved: 2011-01-23

Data version: 1

Age of data: 173 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (INR)	INR 149,519,664
Portfolio (USD)	USD 2,821,125.74
Active Clients with Loans	28,193
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	80% - 100%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

Small Business Loans

Loan Purpose

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

Included Services

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

Eligibility

Men
Women	x
Must run a business
Must own a home or land
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 5,000
Maximum loan size	10,000

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	12.0 months
Approx average	12.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	0
Between 7 and 9 months	0
Between 10 and 12 months	100%
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

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?
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Processing Fee
% of loan amount - min	2.50%
% of loan amount - max	2.50%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

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

5k30w samples

	Sample 1	Sample 2
Loan Amount	INR 5,000	INR 10,000
Loan Cycle (1, 2, 3, etc)	1	2
Disbursement Date	2010-09-28	2010-09-30
Loan Term (Months)	11.7 months	11.7 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	34.8%	34.6%
Insurance Component	0.0%	0.0%
Tax Component	0.0%	0.0%
Deposit Component	0.0%	0.0%
Full APR (int fee ins tax dep)	34.8%	34.6%
MFIN MFI Earning (Annualised)	34.8%	34.6%
MFIN Cost to Borrower (Annualised)	34.8%	34.6%
Transparency Index	43	43
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

5k30w Price Graphs

Loan Size/

Loan Term/

Custom

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Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
ACSI	682,200	103,172,000	5	162
ADCSI	176,100	30,846,000	2	163
BG	47,000	4,048,000	4	162
DECSI	361,000	96,304,000	7	162
Dire	4,900	828,000	4	162
DMCPSC	1,200	69,000	1	162
Eshet	18,800	2,392,000	3	162
Harbu	22,400	1,757,000	2	162
Meklit	12,200	1,395,000	4	162
Metemamen	10,500	650,000	6	162
OCSSCO	502,700	69,565,000	3	162
OMO	323,600	31,385,000	4	162
PEACE	17,200	2,462,000	3	162
SFPI	33,600	2,750,000	3	162
Sidama	53,400	1,162,000	6	162
Wasasa	49,300	5,798,000	4	162
Wisdom MFI	45,300	5,500,000	6	159

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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N (# of Samples)
Total Borrrowers of Samples


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By Country

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