2. Saija
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. APMBL
Please note that the information you are viewing is 113 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Saija Finance Pvt. Ltd. Uma Complex, 3rd FloorFraser RoadPatna, BahirPO Box 800001
Data approved: 2013-02-08
Data version: 2
Age of data: 139 months
Choose version

Institution

Advans Pakistan Microfinance Bank Ltd. Bahria I complex, Lalazar Area, M.T. Khan RoadKarachi, Sindh
Data approved: 2015-04-16
Data version: 2
Age of data: 113 months
Choose version

Product

Saija Karobar Rin - Business JLG Product 1 of 2 « Prev | Next »

Product

Karobar Sanwaro Product 1 of 3 « Prev | Next »

Product Summary

Number borrowers3,131
Loan Amount (range)INR 5,000 - 50,000
Loan Term (range)11.5 - 24
Other Services (text summary)Credit Ins
Annual Interest & Method26.0% annual, Decl Bal
Fees0.88% upfront
Insurance51.00 upfront
Tax12.36% fees
Comp DepN/A
Range of pricing 
Interest Price Component25.9% - 26.3%
Fee Component0.9% - 2.0%
Insurance Component0 - 1.2%
Tax Component Range0.1% - 0.3%
Full APR (int fee ins tax dep)27.5% - 28.8%
Transparency Index (min/max)88 - 95
Transparency Index (average)92

Product Summary

1,413
PKR 10,000 - 150,000
3 - 18
Credit Ins
41.0% annual, Decl Bal
1.50% upfront
1.00%-1.25% upfront
None
N/A
 
40.3%
2.2% - 3.9%
1.8% - 2.6%
0
44.3% - 46.8%
88 - 93
89

Product Details

Key Statistics
Outstanding portfolio (INR)INR 48,215,481.10
Portfolio (USD)USD 909,726.06
Active Clients with Loans3,131
Approximate % Female Clients0% - 20%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Business loan is targated at borrowers involved in income generating activities. Loan repayment is on every other day or alternate day basis and collection is on door step from group leader. There are no group meetings associated with this product.
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 insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Household income <60,000 INRx
Household income <120,000 INRx
Must live in rural areax
Must lives in urban areax
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveBihar

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 60,500,690.02
Portfolio (USD)USD 594,116.78
Active Clients with Loans1,413
Approximate % Female Clients0% - 20%
Approximate % Urban Clients100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Advans "Karobar Sanwaro" is a loan from PKR 10 k to PKR 150 k for a duration of 3 to 18 months (generally not more than 12). It can fund working capital as well as small investment, with monthly repayments.
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 insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
OtherAge bracket is 18 to 60
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveSindh

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 5,000
Maximum loan size50,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,00015%
INR 15,000-25,00050%
INR 25,000-35,00030%
INR 35,000-45,0005%
Greater than INR 45,0005%
Loan Term and Grace Period
Shortest loan term11.5 months
Longest loan term24.0 months
Approx average15.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months60%
Between 13 and 18 months40%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0.3 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyPKR
Minimum loan sizePKR 10,000
Maximum loan size150,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,0000
PKR 10,000-25,0005%
PKR 25,000-50,00030%
PKR 50,000-75,00015%
PKR 75,000-150,00050%
Greater than PKR 150,00050%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term18.0 months
Approx average11.3 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months5%
Between 10 and 12 months90%
Between 13 and 18 months5%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest26.00%
Highest quoted nominal interest26.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min0.88%
% of loan amount - max0.88%
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
DescriptionInsurance Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min51
Fixed amount - max51
Reason for variationInsurance is 51 per 10,000 INR. Cover includes spouse.
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?Yes
Percentage of fees12.4%
All or some fees taxedSome

Pricing Information

Interest
Lowest quoted nominal interest41.00%
Highest quoted nominal interest41.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min1.50%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Cover Charges
% of loan amount - min1.00%
% of loan amount - max1.25%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationCredit Cover is charged 1% on loan of 1st cycle (up to 12 months) while on the loan of 2nd cycle 1.25% is charged which is above 12 months upto 18 months.
Appears on Repayment Sched?No
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

Saija Karobar Rin - Business JLG samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountINR 5,000INR 10,000INR 20,000INR 30,000INR 40,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2012-09-252012-12-272012-11-162012-12-312012-10-31
Loan Term (Months)11.0 months12.0 months24.0 months24.0 months24.0 months
Grace Period (Months)0.1 months0.2 months0.2 months0.1 months0.0 months
Total Cost of CreditINR 667INR 1,605INR 6,168INR 9,286INR 12,055
True Price by Comp         
Interest price component26.0%25.9%25.9%26.3%25.9%
Fee Component2.0%1.7%0.9%0.9%0.9%
Insurance Component0.0%1.0%0.5%0.6%0.6%
Tax Component0.3%0.2%0.2%0.1%0.1%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)28.3%28.8%27.5%27.9%27.5%
MFIN MFI Earning (Annualised)28.0%27.6%26.8%27.2%26.8%
MFIN Cost to Borrower (Annualised)28.3%28.8%27.5%27.9%27.5%
Transparency Index9290959394
MFIN Transparency Index10010010099100
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula

Full Pricing Data

Karobar Sanwaro samples
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
PKR 100,000 Real 2015-05-01 12.0 months N/A PKR 25,992.99 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 PDF PDF
PKR 20,000 Generated 2015-05-01 12.0 months N/A PKR 5,198.60 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 50,000 Real 2015-05-01 10.0 months N/A PKR 11,091.60 46.2% 40.3% 3.5% 2.4% 0.0% 0.0% 89 PDF PDF
PKR 30,000 Generated 2015-05-01 10.0 months N/A PKR 6,654.96 46.2% 40.3% 3.5% 2.4% 0.0% 0.0% 89 - PDF
PKR 40,000 Generated 2015-05-01 12.0 months N/A PKR 10,397.20 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 45,000 Generated 2015-05-01 12.0 months N/A PKR 11,696.85 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 60,000 Generated 2015-05-01 12.0 months N/A PKR 15,595.79 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 75,000 Generated 2015-05-01 12.0 months N/A PKR 19,494.74 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 100,000 Generated 2015-05-01 9.0 months N/A PKR 20,293.26 46.8% 40.3% 3.9% 2.6% 0.0% 0.0% 88 - PDF
PKR 125,000 Generated 2015-05-01 18.0 months N/A PKR 47,708.71 44.3% 40.3% 2.2% 1.8% 0.0% 0.0% 93 - PDF
Saija Karobar Rin - Business JLG Price Graphs


Click to view Price Analysis Tool
Karobar Sanwaro Price Graphs


Click to view Price Analysis Tool
Caps / Zoom options
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
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to ∞