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Institution
Data approved: 2010-10-25
Data version: 1
Age of data: 174 months
Description
Designed for agriculture (land development, seeds, fertilizer, wells, vegetable cultivation, dairy), micro-enterprise, consumption (health, education, asset loss), and housing (repairs, etc.).
Any purpose x Income generation Mortgage/housing Consumer loan Agriculture Education Other household finance Other Other (2)
Credit education x Group meetings x Credit insurance x Workplace visits x Business training Other training x Other Other (2) No other services
Men Women x Must run a business x Must own a home or land x 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)
Portfolio Size by Product
Geographic Coverage
# Regions for this institution N/A # Regions for this product N/A Regions Active
Loan Conditions
Currency INR Minimum loan size INR 2,000 Maximum loan size 50,000
Shortest loan term 6.0 months Longest loan term 24.0 months Approx average 18.0 months
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 18.00% Highest quoted nominal interest 18.00% 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 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? 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
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 0 or, Fixed-amount deposited 0 Conditions on access to deposit When Leaving
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
Additional Comments
N/A
Full Pricing Data
General Loan sample s
* The APR stated here is an MFTransparency term, definition and formula
General Loan Price Graphs
0 100 Pricing Transparency Index Regulated Inst. Not Regulated Inst. Coop Institution Type Any Loan Purpose Swayanshree Institution IN-074-V01-P02 Product IN Country 2010 Year Range Number 1 Institution Data Version 0 10,000 20,000 30,000 40,000 Loan Size (all) 0% 10% 20% 30% Full APR (int fee ins tax dep) > 1,500 1,100 700 300 40 Number of Borrowers* * Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.