Swayanshree Mahila Samabaya Ltd. - Asha Loan - 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

Swayanshree Mahila Samabaya Ltd. Near Badambadi Spl. Primary SchoolMahabir Lane, Palamandap, CuttackCuttack, Orissa753012

Data approved: 2010-10-25

Data version: 1

Age of data: 170 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (INR)	INR 17,586
Portfolio (USD)	USD 331.81
Active Clients with Loans	15
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

This product is an interest-free loan with limited fees, targeted at the poorest of the poor.

Loan Purpose

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

Included Services

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

Eligibility

Men
Women	x
Must run a business
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 INR
Must live in rural area
Must lives in urban area
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	INR
Minimum loan size	INR 3,000
Maximum loan size	6,000

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	18.0 months
Approx average	12.0 months

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	0
Highest quoted nominal interest	0
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Processing Fee
% of loan amount - min	4.00%
% of loan amount - max	4.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Insurance Fee
% of loan amount - min	0.40%
% of loan amount - max	0.40%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	20.00% - N/A
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	1.00% - N/A
or, Fixed-amount deposited	0
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	4.00%
Maximum interest rate paid	4.00%
Interest payment frequency	End Term

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Asha Loan samples

	Sample 1
Loan Amount	INR 5,000
Loan Cycle (1, 2, 3, etc)	1
Disbursement Date	2010-05-16
Loan Term (Months)	10.0 months
Grace Period (Months)	0
Total Cost of Credit	Not Known
True Price by Comp
Interest and Fee Component	8.9%
Insurance Component	0.9%
Tax Component	0
Deposit Component	3.6%
Full APR (int fee ins tax dep)	13.4%
MFIN MFI Earning (Annualised)	8.9%
MFIN Cost to Borrower (Annualised)	13.4%
Transparency Index	0
MFIN Transparency Index	N/A

Original Repayment Schedule	PDF
MFT Pricing Calculation	PDF

* The APR stated here is an MFTransparency term, definition and formula

Asha Loan Price Graphs

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Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Banco Solidario	79,700	221,716,000	1	170
CEPESIU	2,000	939,000	4	170
COAC 4 Octubre	2,200	5,771,000	2	170
COAC Ambato	1,300	16,415,000	2	170
COAC FondVida	2,500	4,200,000	4	170
COAC LaBenefica	2,500	8,482,000	6	170
COAC MCCH	5,300	10,020,000	2	170
COAC Nacional	30,700	27,129,000	2	170
COAC San José	10,400	29,133,000	5	170
COAC SanAntonio	1,000	2,384,000	3	170
COAC SantaAnita	2,000	2,532,000	6	170
Codesarrollo	14,400	40,328,000	7	170
Coop San Miguel	1,800	4,754,000	5	167
CooP VPR	700	1,052,000	4	170
Cooprogreso	7,900	32,244,000	4	170
Credi Fe	100,900	380,039,000	4	170
D^Miro	36,900	27,692,000	9	163
DECOF	2,200	705,000	2	170
Espoir	62,100	21,036,000	5	170
FODEMI	28,200	12,924,000	3	170
Fundacion Alternativa	4,300	5,545,000	2	170
FUNDAMIC	2,000	1,468,000	2	170
INSOTEC	7,000	6,047,000	4	170
Luz del Valle	6,400	11,300,000	3	170
ProCredit	43,800	211,941,000	2	170
PS Ambato	5,600	2,771,000	1	170

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
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Total Borrrowers of Samples


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