Seba Rahara - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 170 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Seba Rahara C/O - Reba BhowalDakshinpalli Canal Side Road, P.O. Rahara, Dist 24 Pgs (N)Kolkata, West Bengal700 118

Data approved: 2010-10-25

Data version: 1

Age of data: 170 months

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Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	N/A
Year established	2006
Head of Institution	Ranjib Kumar Ghosh
Regions active
# Branches	6

Total Portfolio (nat'l)	INR 24,841,151
Total Portfolio (USD)	USD 468,700.96
Active clients with loans	6,782
Approximate % female clients	80% - 100%
Approximate % urban clients	20% - 40%
Network affiliations

Loan Products » Summary

Income

6,782 Borrowers

USD 468,700.96 Portfolio

Active Product

Loan Products » Conditions

Product Name		Loan Size Range		Loan Term (months)		% Female		% Urban		Loan Purpose		Eligibility		Other Services
Income Generating Loan		INR 3,000 - 15,000		8.6		80% - 100%		20% - 40%		Business		Women		Credit Educ, Group Mtgs, Credit Ins

Loan Products » MFIN India Additional Information

Product Name		APR (int)		MFIN MFI Earning (Annualised)		MFIN Cost to Borrower (Annualised)		COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD		COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES		COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM		MFIN Transparency Index
Income Generating Loan		0		32.1%		42.8%								N/A

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Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
Income Generating Loan		11.0% annual, Flat		1 Fee		1 Ins		None		10.0% upfront		32.1%		42.8%		26

Institution Price Graph

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Please note that the information you are viewing is 135 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Mwanga Community Bank MwangaKilimanjaroPO Box 333

Data approved: 2013-04-09

Data version: 2

Age of data: 135 months

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Product

Salaried Loans Product 4 of 7 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (TZS)	TZS 2,001,679,454
Portfolio (USD)	USD 1,258,917.90
Active Clients with Loans	2,162
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	60% - 80%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Salaried loans

Loan Purpose

Any purpose
Income generation
Mortgage/housing
Consumer loan	x
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance
Workplace visits
Business training
Other training	x
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land
Must be a salaried worker	x
Must be specific age group
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	1
# Regions for this product	1
Regions Active	Kilimanjaro

Loan Conditions

Loan Amount

Currency	TZS
Minimum loan size	TZS 100,000
Maximum loan size	9,000,000

Distribution at Disbursement (Est.)

Loans less than TZS 350,000	5%
TZS 350,000-1,250,000	10%
TZS 1,250,000-2,000,000	10%
TZS 2,000,000-3,000,000	30%
TZS 3,000,000-4,000,000	30%
Greater than TZS 4,000,000	30%

Loan Term and Grace Period

Shortest loan term	1.0 month
Longest loan term	36.0 months
Approx average	24.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	5%
Between 4 and 6 months	5%
Between 7 and 9 months	5%
Between 10 and 12 months	15%
Between 13 and 18 months	30%
Longer than 18 months	40%

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	10.00%
Highest quoted nominal interest	18.00%
Reason(s) why interest rate varies	Time as Client
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	No
Is rate fixed for entire loan term	No

Upfront Fees

	Fee 1
Description	Loan Facility / Set Up 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?	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Credit Life Assurance
% of loan amount - min	0.65%
% of loan amount - max	0.65%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Salaried Loans samples

	Sample 3	Sample 4	Sample 5	Sample 6
Loan Amount	TZS 500,000	TZS 1,000,000	TZS 2,700,000	TZS 5,000,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2013-01-04	2013-01-02	2013-03-25	2013-01-04
Loan Term (Months)	12.0 months	12.0 months	18.0 months	12.0 months
Grace Period (Months)	-0.4 months	-0.3 months	-0.1 months	0.0 months
Total Cost of Credit	TZS 103,250	TZS 206,500	TZS 800,550	TZS 1,082,500
True Price by Comp
Interest price component	33.6%	33.3%	31.6%	33.1%
Fee Component	4.3%	4.2%	2.8%	4.0%
Insurance Component	1.4%	1.4%	0.9%	1.3%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	39.3%	38.9%	35.3%	38.4%
Transparency Index	25	26	28	26

Original Repayment Schedule	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF

Salaried Loans Price Graphs

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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

	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

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

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Institution Price Graph

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Salaried Loans samples

Salaried Loans Price Graphs

Total Borrowers of Samples

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