2. Satin
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

Institution

Satin Creditcare Network Ltd Satin Creditcare Network ltd ,5th Floor,Kundan BhawanAzadpur Commercial complex ,AzadpurDelhiPO Box 110033
Data approved: 2013-03-11
Data version: 2
Age of data: 139 months
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Product

Income Generation Loan - Urban Product 2 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 917,255,158.70
Portfolio (USD)USD 17,306,701.11
Active Clients with Loans49,637
Approximate % Female Clients0% - 20%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Income generation loan caters to the needs of urban enterpaneours for income generation purposes.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
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 group
Household income <60,000 INR
Household income <120,000 INRx
Must live in rural area
Must lives in urban areax
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution8
# Regions for this product7
Regions ActiveHaryanaPunjab, Rajasthan, Uttar Pradesh, Uttarakhand, Chandigarh, National Capital Territory of Delhi

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 20,000
Maximum loan size50,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,0000
INR 15,000-25,00030%
INR 25,000-35,00060%
INR 35,000-45,0000
Greater than INR 45,0000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term30.0 months
Approx average24.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months10%
Longer than 18 months90%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeksx
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest22.00%
Highest quoted nominal interest26.00%
Reason(s) why interest rate variesClient Risk
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
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

Income Generation Loan - Urban samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountINR 20,000INR 30,000INR 40,000INR 50,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-03-042013-02-252013-02-262013-02-26
Loan Term (Months)25.0 months25.0 months25.0 months25.0 months
Grace Period (Months)0.1 months0.3 months0.0 months0.1 months
Total Cost of CreditINR 5,380INR 7,800INR 10,760INR 13,180
True Price by Comp       
Interest price component23.3%22.3%23.5%23.0%
Fee Component0.0%0.0%0.0%0.0%
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)23.3%22.3%23.5%23.0%
MFIN MFI Earning (Annualised)23.3%22.3%23.5%23.0%
MFIN Cost to Borrower (Annualised)23.3%22.3%23.5%23.0%
Transparency Index94999496
MFIN Transparency Index100100100100
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Income Generation Loan - Urban Price Graphs


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  2. TMFB
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

Tameer Microfinance Bank A-15, Block 7/8 KCHS Union, Karachi 75350, PakistanKarachi75350
Data approved: 2015-04-15
Data version: 2
Age of data: 113 months
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Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.tameerbank.com
Year established2005
Head of InstitutionNadeem Hussain (CEO & President)
Regions activeAzad Kashmir, Balochistan, Khyber Pakhtunkwa, Punjab, Sindh
# Branches153

Total Portfolio (nat'l)PKR 8,701,618,309
Total Portfolio (USD)USD 85,449,891.79
Active clients with loans221,224
Approximate % female clients40% - 60%
Approximate % urban clients40% - 60%
Network affiliationsPakistan Micro Finance Network
FundersCGAP, DFID

Loan Products » Summary

Sarmaya
89,701 Borrowers
USD 55,629,473.65 Portfolio
Active Product
Karobar
38,736 Borrowers
USD 8,601,720.39 Portfolio
Active Product
Livestock
4,139 Borrowers
USD 2,797,699.21 Portfolio
Active Product
Group
67,453 Borrowers
USD 9,973,293.01 Portfolio
Active Product
Housing
2,084 Borrowers
USD 2,111,298.50 Portfolio
Active Product
Salary
18,352 Borrowers
USD 6,182,667.26 Portfolio
Active Product
Motorbike
759 Borrowers
USD 153,739.79 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Tameer Sarmaya Qarza (TSQ) PKR 10,000 - 150,000 3 - 12 20% - 40% 20% - 40% Business, Agriculture, Other Women, Men Credit Ins
Karobar Loan PKR 10,000 - 125,000 6 - 24 0% - 20% 60% - 80% Business Women, Men, Have business
Livestock Financing PKR 50,000 - 400,000 12 - 24 0% 100% Business Women, Men, Have business
Group Loan PKR 15,000 - 25,000 12 - 36 60% - 80% 60% - 80% Business Women, Men
House Finance PKR 20,000 - 450,000 24 - 60 0% 100% Housing, Consumer Women, Men, Have home or land Credit Ins
Salary Loan PKR 10,000 - 150,000 12 - 36 0% - 20% 100% Consumer, Other Women, Men, Salaried worker

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Tameer Sarmaya Qarza (TSQ) 27.0%-33.0% annual, Flat 1 Fee 0 Ins 16.00% fees N/A 26% - 31.2% 26.3% - 31.9% 95
Karobar Loan 23.0% annual, Flat 1 Fee 0 Ins 16.00% fees N/A 43.1% - 46.1% 43.9% - 47.4% 51
Livestock Financing 23.0%-30.0% annual, Flat 1 Fee 0 Ins 16.00% fees N/A 39.3% - 48.5% 39.7% - 48.9% 52
Group Loan 22.0% annual, Flat 1 Fee 0 Ins 16.00% fees 5.0%-10.0% upfront 40.2% - 42.6% 44.7% - 49.1% 47
House Finance 19.0%-20.0% annual, Flat 1 Fee 0 Ins 16.00% fees N/A 33.9% 34.2% 56
Salary Loan 18.0% annual, Flat 1 Fee 0 Ins 16.00% fees N/A 32.9% - 38% 33.4% - 39.2% 49
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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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