| 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 |
| 404 |
| USD 150 - 5,000 |
| 3 - 48 |
| 21.6%-30.0% annual, Decl Bal |
| 0.20-2.90 upfront |
| None |
| None |
| N/A |
| 21.7% - 37.1% |
| 0 - 1.6% |
| 0 |
| 0 |
| 21.8% - 31.7% |
| 68 - 99 |
| 87 |
| 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 577,938 |
| Portfolio (USD) | USD 577,938 |
| Active Clients with Loans | 404 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| 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 | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 13 |
| # Regions for this product | 6 |
| Regions Active | Battambang, Kampong Cham, Kandal, Phnom Penh, 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 150 |
| Maximum loan size | 5,000 |
| Loans less than USD 250 | 5% |
| USD 250-1,000 | 30% |
| USD 1,000-1,500 | 20% |
| USD 1,500-2,000 | 20% |
| USD 2,000-2,500 | 5% |
| Greater than USD 2,500 | 5% |
| Shortest loan term | 3.0 months |
| Longest loan term | 48.0 months |
| Approx average | 29.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 10% |
| Between 13 and 18 months | 80% |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | x |
| 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 | 1.80% |
| Highest quoted nominal interest | 2.50% |
| Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Credit Bureau Cambodia - CBC fee |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 0.20 |
| Fixed amount - max | 2.90 |
| Reason for variation | Charge 800KHR/0.19USD for loan size <2,000,000 KHR/482USD. Charge 12,000 KHR/2.9USD for > 2,000,000 KHR |
| Appears on Repayment Sched? | 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 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | USD 300 | USD 600 | USD 1,700 | USD 2,500 | USD 3,000 | ||||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
| Disbursement Date | 2013-01-22 | 2013-02-19 | 2013-01-31 | 2013-02-19 | 2013-02-27 | ||||
| Loan Term (Months) | 15.0 months | 24.0 months | 36.0 months | 37.0 months | 36.0 months | ||||
| Grace Period (Months) | -0.2 months | -0.3 months | -0.5 months | 0.0 months | -0.4 months | ||||
| Total Cost of Credit | USD 64.69 | USD 183.22 | USD 642.53 | USD 939.76 | USD 1,086.42 | ||||
| True Price by Comp | |||||||||
| Interest price component | 30.1% | 27.1% | 22.9% | 21.7% | 21.7% | ||||
| Fee Component | 1.6% | 0.5% | 0.1% | 0.1% | 0.1% | ||||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
| Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
| Full APR (int fee ins tax dep) | 31.7% | 27.6% | 23.0% | 21.8% | 21.8% | ||||
| Transparency Index | 68 | 78 | 94 | 99 | 99 | ||||
| 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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