Number borrowers | 501 |
Loan Amount (range) | INR 10,000 - 30,000 |
Loan Term (range) | 12 - 20 |
Other Services (text summary) | Credit Educ, Group Mtgs, Credit Ins, Other Training, Livelihood and Social Awareness programs |
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 | 25.6% - 25.7% (Int+Fee) |
Insurance Component | 1.4% - 1.7% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 32.7% - 33.8% |
Transparency Index (min/max) | 25 - 47 |
Transparency Index (average) | 37 |
9,803 |
USD 100 - 5,000 |
3 - 24 |
22.8%-37.2% annual, Decl Bal |
None |
None |
None |
N/A |
14.3% - 38.4% |
0 |
0 |
0 |
21.4% - 36.7% |
58 - 112 |
88 |
Outstanding portfolio (INR) | INR 4,623,213 |
Portfolio (USD) | USD 87,230.43 |
Active Clients with Loans | 501 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 20% - 40% |
Individual | |
Solidarity group | |
Village banking | |
Self help group | x |
Other |
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | x |
Other | Livelihood and Social Awareness programs |
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 (USD) | USD 8,981,274 |
Portfolio (USD) | USD 8,981,274 |
Active Clients with Loans | 9,803 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 20% - 40% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | x |
Agriculture | |
Education | x |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | x |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 18 |
# Regions for this product | 18 |
Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh Kong, KepKratié, Phnom Penh, Sihanoukville, Pursat, Prey VengSiem Reap, Svay Rieng, Takéo |
Currency | INR |
Minimum loan size | INR 10,000 |
Maximum loan size | 30,000 |
Shortest loan term | 12.0 months |
Longest loan term | 20.0 months |
Approx average | 15.0 months |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | USD |
Minimum loan size | USD 100 |
Maximum loan size | 5,000 |
Loans less than USD 250 | 5% |
USD 250-1,000 | 5% |
USD 1,000-1,500 | 30% |
USD 1,500-2,000 | 20% |
USD 2,000-2,500 | 20% |
Greater than USD 2,500 | 20% |
Shortest loan term | 3.0 months |
Longest loan term | 24.0 months |
Approx average | 19.0 months |
Loans 3 months or less | 5% |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 10% |
Between 10 and 12 months | 10% |
Between 13 and 18 months | 30% |
Longer than 18 months | 40% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
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? |
% 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 | Final Pmt |
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 | 1.90% |
Highest quoted nominal interest | 3.10% |
Reason(s) why interest rate varies | Branch, Time as Client, Loan Size |
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 10,000 | INR 20,000 | INR 30,000 | ||
Loan Cycle (1, 2, 3, etc) | 2 | 1 | 2 | ||
Disbursement Date | 2010-07-01 | 2010-04-12 | 2010-08-01 | ||
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 | 25.6% | 25.6% | 25.7% | ||
Insurance Component | 1.6% | 1.7% | 1.7% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 6.6% | 5.6% | 5.3% | ||
Full APR (int fee ins tax dep) | 33.8% | 32.9% | 32.7% | ||
MFIN MFI Earning (Annualised) | 25.6% | 25.6% | 25.7% | ||
MFIN Cost to Borrower (Annualised) | 33.8% | 32.9% | 32.7% | ||
Transparency Index | 37 | 38 | 38 | ||
MFIN Transparency Index | N/A | N/A | N/A | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | USD 2,100 | USD 3,000 | USD 600 | USD 1,200 | USD 1,700 | USD 2,100 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2013-03-28 | 2013-06-20 | 2013-04-22 | 2013-05-09 | 2013-03-26 | 2013-03-25 | |||||
Loan Term (Months) | 25.0 months | 12.0 months | 18.0 months | 24.0 months | 25.0 months | 25.0 months | |||||
Grace Period (Months) | 0.8 months | 1.1 months | 0.0 months | 0.2 months | 1.8 months | 0.9 months | |||||
Total Cost of Credit | USD 560.15 | USD 352.11 | USD 179.12 | USD 380.18 | USD 450.29 | USD 560.15 | |||||
True Price by Comp | |||||||||||
Interest price component | 23.9% | 21.4% | 36.7% | 29.6% | 23.7% | 23.7% | |||||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 23.9% | 21.4% | 36.7% | 29.6% | 23.7% | 23.7% | |||||
Transparency Index | 95 | 100 | 62 | 77 | 96 | 96 | |||||
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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By Country | ||||||
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