2. Share
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

SHARE Microfin Limited 1-224/58Rajeev Nagar, NacharamHyderabad, Andhra pradesh500076
Data approved: 2013-04-30
Data version: 2
Age of data: 139 months
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.sharemicrofin.com/
Year established2000
Head of InstitutionMr. M. Udaia Kumar
Regions activeAndhra Pradesh, Assam, Bihar, Chhattisgarh, Gujarat, Haryana, Himachal PradeshJharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Orissa, Rajasthan, Tamil Nadu, Uttar Pradesh, Uttarakhand, West Bengal, National Capital Territory of Delhi
# Branches896

Total Portfolio (nat'l)INR 20,895,693,066
Total Portfolio (USD)USD 394,258,359.70
Active clients with loans2,227,675
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliationsSa-Dhan, MFIN, WWB, Alpha

Loan Products » Summary

JLG
2,195,404 Borrowers
USD 376,727,792.10 Portfolio
Active Product
Micro Enterprise Loan
Retired Product
Personal Loans
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Joint Liability Group Loan INR 12,000 - 25,000 12 - 24 80% - 100% 0% - 20% Business Women, Have business, Have home or land, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Qualify for a test on Financial education , Training provided on Financial education Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Health Insurance Services , National Pension Scheme collabaration with LIC

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
Joint Liability Group Loan 25.4% - 26% 27.5% - 28.1% 29.9% - 30.5% Yes Yes Yes 100
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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
Joint Liability Group Loan 24.0%-26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 27.5% - 28.1% 29.9% - 30.5% 79
Institution Price Graph
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  2. Viator
Please note that the information you are viewing is 119 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Viator Microcredit Azerbaijan LLC N.Narimanov str., 207, Ganja, AzerbaijanGanjaAZ2000
Data approved: 1900-01-00
Data version: 1
Age of data: 119 months

Product

Micro-Business Loan USD Product 6 of 8 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 4,967,337
Portfolio (USD)USD 4,967,337
Active Clients with Loans4,771
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This loan product is developed for the Micro-entrepreneurs who are engaged into micro-business regardless of clssification either trade, service or manufacturing.
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 trainingx
Other trainingx
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
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution2
# Regions for this product2
Regions ActiveGanja-Qazakh, Shaki-Zaqatala

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 400
Maximum loan size4,000
Distribution at Disbursement (Est.)
Loans less than USD 1,50060%
USD 1,500-5,00040%
USD 5,000-10,0000
USD 10,000-15,0000
USD 15,000-18,0000
Greater than USD 18,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term18.0 months
Approx average11.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months20%
Between 10 and 12 months50%
Between 13 and 18 months20%
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period4.0 months
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 interest2.40%
Highest quoted nominal interest2.90%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size, 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
DescriptionCommission Fee
% of loan amount - min2.00%
% of loan amount - max3.00%
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
DescriptionInsurance Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
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
Additional Comments
Viator provides Micro-Business loan soft (USD) with interest rate 2.4% only for clients who are in the 10th cycle and for the clients who have finished 2 business courses training of the FINLED (Financial Literacy and Education) program provided by Viator HRDP Department. For those clients who avail loan less than 2,000 USD Viator shoulders the Credit Bureau fee of 1 AZN.

Full Pricing Data

Micro-Business Loan USD samples
Sample 1Sample 2
Loan AmountUSD 1,000USD 3,300
Loan Cycle (1, 2, 3, etc)Not KnownNot Known
Disbursement Date2014-06-252014-06-13
Loan Term (Months)12.0 months18.0 months
Grace Period (Months)0.0 months0.0 months
Total Cost of CreditUSD 206.95USD 973.16
True Price by Comp   
Interest price component30.8%30.7%
Fee Component3.9%2.8%
Insurance Component2.0%1.4%
Tax Component0.0%0.0%
Deposit Component0.0%0.0%
Full APR (int fee ins tax dep)36.7%34.9%
Transparency Index7883
    
Original Repayment SchedulePDFPDF
MFT Pricing CalculationPDFPDF
Micro-Business Loan USD Price Graphs


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Key Statistics
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# Countries
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Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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