| Number borrowers | 8,014 |
| Loan Amount (range) | INR 3,000 - 25,000 |
| Loan Term (range) | 6 - 15 |
| Other Services (text summary) | Credit Educ, Group Mtgs, Credit Ins, Other Training |
| Annual Interest & Method | 12.5% annual, Flat |
| Fees | 2.00% upfront |
| Insurance | 1.00% upfront |
| Tax | None |
| Comp Dep | 10.0% upfront 50.00 ongoing |
| Range of pricing | |
| Interest Price Component | N/A |
| Fee Component | 21.5% - 21.6% (Int+Fee) |
| Insurance Component | 1.4% - 1.7% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 26.6% - 28.7% |
| Transparency Index (min/max) | 25 - 47 |
| Transparency Index (average) | 45 |
| 6,899 |
| KHR 600,100 - 4,000,000 |
| 3 - 24 |
| Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training |
| 34.2%-36.0% annual, Decl Bal |
| None |
| None |
| None |
| N/A |
| 21.5% - 35.9% |
| 0 |
| 0 |
| 0 |
| 34.1% - 35.1% |
| 68 - 100 |
| 98 |
| Outstanding portfolio (INR) | INR 73,971,417 |
| Portfolio (USD) | USD 1,395,687.11 |
| Active Clients with Loans | 8,014 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | |
| Village banking | |
| Self help group | x |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | x |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| 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) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (KHR) | KHR 11,702,971,575 |
| Portfolio (USD) | USD 2,962,777.61 |
| Active Clients with Loans | 6,899 |
| 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 | |
| Agriculture | x |
| 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 | |
| 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 3,000 |
| Maximum loan size | 25,000 |
| Shortest loan term | 6.0 months |
| Longest loan term | 15.0 months |
| Approx average | 6.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Currency | KHR |
| Minimum loan size | KHR 600,100 |
| Maximum loan size | 4,000,000 |
| Loans less than KHR 1,000,000 | 10% |
| KHR 1,000,000-3,500,000 | 70% |
| KHR 3,500,000-6,000,000 | 20% |
| KHR 6,000,000-8,000,000 | 0 |
| KHR 8,000,000-10,000,000 | 0 |
| Greater than KHR 10,000,000 | 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 | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 20% |
| Between 13 and 18 months | 60% |
| Longer than 18 months | 20% |
| 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 | 12.50% |
| Highest quoted nominal interest | 12.50% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | |
| 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? | No |
| Ins 1 | |
|---|---|
| Description | Insurance Fee |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? | Yes |
| % loan amount deposited | 10.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | INR 50 |
| Conditions on access to deposit | When Leaving |
| Minimum interest rate paid | 6.00% |
| Maximum interest rate paid | 6.00% |
| Interest payment frequency | Annually |
| Are taxes charged on this product? | No |
| Lowest quoted nominal interest | 2.85% |
| 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 | |||
|---|---|---|---|---|---|
| Loan Amount | INR 5,000 | INR 10,000 | INR 20,000 | ||
| Loan Cycle (1, 2, 3, etc) | 1 | 1 | 2 | ||
| Disbursement Date | 2010-04-15 | 2010-05-15 | 2010-05-15 | ||
| Loan Term (Months) | 15.0 months | 15.0 months | 15.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | Not Known | Not Known | Not Known | ||
| True Price by Comp | |||||
| Interest and Fee Component | 21.6% | 21.5% | 21.6% | ||
| Insurance Component | 1.4% | 1.4% | 1.4% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 5.8% | 4.3% | 3.7% | ||
| Full APR (int fee ins tax dep) | 28.7% | 27.3% | 26.6% | ||
| MFIN MFI Earning (Annualised) | 21.6% | 21.5% | 21.6% | ||
| MFIN Cost to Borrower (Annualised) | 28.7% | 27.3% | 26.6% | ||
| Transparency Index | 44 | 46 | 47 | ||
| MFIN Transparency Index | N/A | N/A | N/A | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | KHR 650,000 | KHR 1,100,000 | KHR 2,500,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-03-15 | 2013-02-15 | 2013-03-07 | ||
| Loan Term (Months) | 19.0 months | 12.0 months | 24.0 months | ||
| Grace Period (Months) | 5.0 months | 2.9 months | 0.4 months | ||
| Total Cost of Credit | KHR 223,400 | KHR 255,100 | KHR 906,700 | ||
| True Price by Comp | |||||
| Interest price component | 34.1% | 35.1% | 34.8% | ||
| 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) | 34.1% | 35.1% | 34.8% | ||
| Transparency Index | 100 | 97 | 98 | ||
| 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 |
|---|---|---|---|---|---|---|---|
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