| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.sahayata.co.in/ |
| Year established | 2007 |
| Head of Institution | Ajay Verma |
| Regions active | |
| # Branches | 105 |
| Total Portfolio (nat'l) | 0 |
| Total Portfolio (USD) | 0 |
| Active clients with loans | 0 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations |
| Outstanding portfolio (KES) | KES 341,540,495 |
| Portfolio (USD) | USD 4,124,885.21 |
| Active Clients with Loans | 14,176 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 60% - 80% |
| Individual | |
| Solidarity group | x |
| 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 | x |
| Group meetings | x |
| Credit insurance | |
| 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 | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 5 |
| # Regions for this product | 5 |
| Regions Active | Central, Eastern, Nairobi, Nyanza, Rift Valley |
| Currency | KES |
| Minimum loan size | KES 5,000 |
| Maximum loan size | 140,000 |
| Loans less than KES 50,000 | 30% |
| KES 50,000-150,000 | 70% |
| KES 150,000-250,000 | 0 |
| KES 250,000-350,000 | 0 |
| KES 350,000-450,000 | 0 |
| Greater than KES 450,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 12.0 months |
| Approx average | 10.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 5% |
| Between 7 and 9 months | 15% |
| Between 10 and 12 months | 80% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 1.67% |
| Highest quoted nominal interest | 1.67% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | upfront fee |
| % of loan amount - min | 3.00% |
| % of loan amount - max | 3.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| 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 | 20.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | End Term |
| Minimum interest rate paid | 0 |
| Maximum interest rate paid | 0 |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
Loan Amount |
Type of Sample |
Disbursement Date |
Loan Term (Months) |
Grace Period (Months) |
Total Cost of Credit |
Full APR (int fee ins tax dep) |
True Price by Component |
Transparency Index |
Original Repayment Schedule |
MFT Pricing Calculation |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest price component |
Fee Component |
Insurance Component |
Tax Component |
Deposit Component |
||||||||||
| KES 70,000 | Real | 2015-03-09 | 11.1 months | N/A | KES 15,023 | 63.8% | 35.7% | 6.6% | 0.0% | 0.0% | 21.5% | 31 | ||
| KES 70,000 | Generated | 2015-03-01 | 11.5 months | N/A | KES 15,551.51 | 64.7% | 36.3% | 6.5% | 0.0% | 0.0% | 21.9% | 31 | - | |
| KES 20,000 | Real | 2015-03-26 | 5.7 months | N/A | KES 2,631 | 67.4% | 34.9% | 11.2% | 0.0% | 0.0% | 21.3% | 30 | ||
| KES 20,000 | Generated | 2015-03-01 | 5.5 months | N/A | KES 2,444.78 | 74.3% | 35.9% | 12.6% | 0.0% | 0.0% | 25.8% | 27 | - | |
| KES 15,000 | Generated | 2015-03-01 | 5.5 months | N/A | KES 1,833.58 | 74.3% | 35.9% | 12.6% | 0.0% | 0.0% | 25.8% | 27 | - | |
| KES 25,000 | Generated | 2015-03-01 | 5.5 months | N/A | KES 3,055.97 | 74.3% | 35.9% | 12.6% | 0.0% | 0.0% | 25.8% | 27 | - | |
| KES 45,000 | Generated | 2015-03-01 | 11.5 months | N/A | KES 9,997.40 | 64.7% | 36.3% | 6.5% | 0.0% | 0.0% | 21.9% | 31 | - | |
| KES 90,000 | Generated | 2015-03-01 | 12.0 months | N/A | KES 20,736 | 60.4% | 34.7% | 6.0% | 0.0% | 0.0% | 19.7% | 33 | - | |
| KES 135,000 | Generated | 2015-03-01 | 12.0 months | N/A | KES 31,104 | 60.4% | 34.7% | 6.0% | 0.0% | 0.0% | 19.7% | 33 | - | |
| KES 150,000 | Generated | 2015-03-01 | 11.5 months | N/A | KES 33,324.66 | 64.7% | 36.3% | 6.5% | 0.0% | 0.0% | 21.9% | 31 | - | |
| Key Statistics | |
|---|---|
| # Samples: | |
| # Products | |
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| # 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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