2. Vistaar
Please note that the information you are viewing is 168 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Actuar Quindio
Please note that the information you are viewing is 166 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Vistaar Livelihood Financial services Private Limited No 9,37th Main 3rd Cross. KAS officers layoutBTM 2nd StageBangalore, karnataka560076
Data approved: 2011-01-23
Data version: 1
Age of data: 168 months

Institution

Corporación Accion por el Quindio "Actuar Famiempresas" Calle 16 Nº 13 - 13Armenia, Quindio
Data approved: 2011-08-01
Data version: 1
Age of data: 166 months

Product

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Product

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Product Summary

Number borrowers3,661
Loan Amount (range)INR 12,850 - 15,250
Loan Term (range)18
Other Services (text summary)
Annual Interest & Method27.0% annual, Decl Bal
Fees250.00-290.00 upfront
Insurance135.00-155.00 upfront
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component30.2% - 30.3% (Int+Fee)
Insurance Component0.7% - 1.8%
Tax Component Range0
Full APR (int fee ins tax dep)31.0% - 32.1%
Transparency Index (min/max)84 - 88
Transparency Index (average)85

Product Summary

351
COP 1,000,000 - 61,800,000
6 - 36
Credit Ins, Tech Asst Visits, Business Training, Other Training, Acompañamiento en los procesos de comercialización
29.4% annual, Decl Bal
4.00%-7.50% ongoing
25.00% upfront
None
N/A
 
N/A
19.8% - 36.7% (Int+Fee)
0.2% - 0.6%
0
20.3% - 37.3%
79 - 145
100

Product Details

Key Statistics
Outstanding portfolio (INR)INR 47,176,781.23
Portfolio (USD)USD 890,127.95
Active Clients with Loans3,661
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Given to women in group of 5 with min 4 to max 8 groups per centre. They should be involved in any of the livelihood
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculture
Educationx
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Men
Womenx
Must run a businessx
Must own a home or landx
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
OtherMin 2 members per group to have own house or shop
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (COP)COP 764,580,704
Portfolio (USD)USD 420,099.29
Active Clients with Loans351
Approximate % Female Clients20% - 40%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Prestamo que tiene como objetivo la compra de activos fijos.
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculture
Education
Other household finance
OtherActivos Fijos
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visitsx
Business trainingx
Other trainingx
OtherAcompañamiento en los procesos de comercialización
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 12,850
Maximum loan size15,250
Loan Term and Grace Period
Shortest loan term18.0 months
Longest loan term18.0 months
Approx average18.0 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 months100%
Longer than 18 months0
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

Loan Conditions

Loan Amount
CurrencyCOP
Minimum loan sizeCOP 1,000,000
Maximum loan size61,800,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term36.0 months
Approx average25.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest27.00%
Highest quoted nominal interest27.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min250
Fixed amount - max290
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee (Voluntary) including Spouse (including Service Tax)
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min135
Fixed amount - max155
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
The insurance is not a credit shield but a term life insurnace policy offered to both the customer & the spouse. The sum assured is constant throughout the loan period & is taken as the 2K+ the loan amount.

Pricing Information

Interest
Lowest quoted nominal interest2.45%
Highest quoted nominal interest2.45%
Interest rate periodMonthly
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
Fee 1
DescriptionEstudio de Credito anual diferido en los meses del prestamo (No todos)
% of loan amount - min4.00%
% of loan amount - max7.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
Ins 1
DescriptionSeguro de Vida o incapacidad por el monto del credito desembolsado (0.25% per annum)
% of loan amount - min25.00%
% of loan amount - max25.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
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

Standard Ticket Loan samples
Sample 1Sample 2Sample 3
Loan AmountINR 12,850INR 14,050INR 15,250
Loan Cycle (1, 2, 3, etc)1Not KnownNot Known
Disbursement Date2010-12-042010-12-042010-12-04
Loan Term (Months)16.8 months16.8 months16.8 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component30.3%30.3%30.2%
Insurance Component1.8%0.7%1.7%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)32.1%31.0%31.9%
MFIN MFI Earning (Annualised)30.3%30.3%30.2%
MFIN Cost to Borrower (Annualised)32.1%31.0%31.9%
Transparency Index848785
MFIN Transparency IndexN/AN/AN/A
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula

Full Pricing Data

Activos Fijos samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountCOP 3,419,000COP 6,800,000COP 13,000,000COP 32,479,927COP 50,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-01-282011-01-242011-01-142011-02-012011-04-30
Loan Term (Months)30.0 months36.0 months36.0 months26.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component36.2%36.7%20.4%23.6%19.8%
Insurance Component0.6%0.6%0.2%0.6%0.5%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)36.8%37.3%20.6%24.2%20.3%
Transparency Index8079100100100
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Standard Ticket Loan Price Graphs


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Activos Fijos 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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