2. Saadhana
Please note that the information you are viewing is 174 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. TPC
Please note that the information you are viewing is 143 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Saadhana Microfin Society # 50-760A-116, 02nd Floor,Gayatri EstatesKurnool, Andhra Pradesh518002
Data approved: 2010-11-15
Data version: 1
Age of data: 174 months

Institution

Thaneakea Phum Cambodia Ltd. #94, Street 360, Sangkat Boeng Kengkang IIIKhan ChamkrmonPhnom Penh, Cambodia
Data approved: 2013-03-21
Data version: 3
Age of data: 143 months
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Product

Micro Enterprise Development Loan Product 2 of 2 « Prev | Next »

Product

Home Improvement Loan (USD) Product 15 of 15 « Prev | Next »

Product Summary

Number borrowers1,491
Loan Amount (range)INR 25,000 - 50,000
Loan Term (range)12
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins
Annual Interest & Method12.5% annual, Flat
Fees1.00%-2.00% upfront
Insurance145.00 upfront
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component27.6% - 27.8% (Int+Fee)
Insurance Component0 - 4.4%
Tax Component Range0
Full APR (int fee ins tax dep)27.6% - 27.8%
Transparency Index (min/max)39 - 45
Transparency Index (average)45

Product Summary

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

Product Details

Key Statistics
Outstanding portfolio (INR)INR 27,471,300
Portfolio (USD)USD 518,326.42
Active Clients with Loans1,491
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
OtherA fast track model - drawn upon the positive features of 'Grameen' and 'SHG' methodology.\r
Description
‘Micro-Enterprise Development Loan' is offered to clients from 03rd Cycle @12.50% rate of interest repayable in 50 weeks. This loan is meant for expanding the existing business. Loan size ranges from 25,000 to 50,000 depends upon the project.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
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 institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (USD)USD 577,938
Portfolio (USD)USD 577,938
Active Clients with Loans404
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
The Home Improvement loan is a unique product with special features, and for a particular purpose to carry out renovations or extensions of their existing house such as living room, kitchen, WC, fence, roof, pump-well, house painting, etc.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution13
# Regions for this product6
Regions ActiveBattambang, Kampong Cham, Kandal, Phnom Penh, Svay Rieng, Takéo

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 25,000
Maximum loan size50,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term12.0 months
Approx average0
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 150
Maximum loan size5,000
Distribution at Disbursement (Est.)
Loans less than USD 2505%
USD 250-1,00030%
USD 1,000-1,50020%
USD 1,500-2,00020%
USD 2,000-2,5005%
Greater than USD 2,5005%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term48.0 months
Approx average29.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months10%
Between 10 and 12 months10%
Between 13 and 18 months80%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeksx
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest12.50%
Highest quoted nominal interest12.50%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min1.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionDocumentation Charges + Insurance (Saadhana Social Security Scheme)
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min145
Fixed amount - max145
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest1.80%
Highest quoted nominal interest2.50%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCredit Bureau Cambodia - CBC fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min0.20
Fixed amount - max2.90
Reason for variationCharge 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
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 forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Micro Enterprise Development Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountINR 30,000INR 30,000INR 40,000INR 40,000
Loan Cycle (1, 2, 3, etc)6677
Disbursement Date2010-05-312010-05-312010-06-012010-06-01
Loan Term (Months)11.7 months11.7 months11.7 months11.7 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component27.8%27.8%27.6%27.6%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)27.8%27.8%27.6%27.6%
MFIN MFI Earning (Annualised)27.8%27.8%27.6%27.6%
MFIN Cost to Borrower (Annualised)27.8%27.8%27.6%27.6%
Transparency Index45454545
MFIN Transparency IndexN/AN/AN/AN/A
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula

Full Pricing Data

Home Improvement Loan (USD) samples
Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountUSD 300USD 600USD 1,700USD 2,500USD 3,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-01-222013-02-192013-01-312013-02-192013-02-27
Loan Term (Months)15.0 months24.0 months36.0 months37.0 months36.0 months
Grace Period (Months)-0.2 months-0.3 months-0.5 months0.0 months-0.4 months
Total Cost of CreditUSD 64.69USD 183.22USD 642.53USD 939.76USD 1,086.42
True Price by Comp         
Interest price component30.1%27.1%22.9%21.7%21.7%
Fee Component1.6%0.5%0.1%0.1%0.1%
Insurance Component0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%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 Index6878949999
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Micro Enterprise Development Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeSaadhanaInstitutionIN-053-V01-P02ProductINCountry2010YearRange Number1Institution Data Version010,00020,00030,00040,000Loan Size (all)0%10%20%30%Full APR (int fee ins tax dep)> 30010020Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Home Improvement Loan (USD) Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NBFIInstitution TypeBusinessLoan PurposeTPCInstitutionKH-013-V03-P15ProductKHCountry2013YearRange Number3Institution Data Version05001,0001,5002,0002,5003,000Loan Size (all)0%10%20%30%Full APR (int fee ins tax dep)> 100607Number of Borrowers
Click to view Price Analysis Tool
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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