Number borrowers | 36 |
Loan Amount (range) | INR 15,000 - 16,000 |
Loan Term (range) | 6 - 12 |
Other Services (text summary) | Credit Educ, Credit Ins, Business Training |
Annual Interest & Method | 15.0% annual, Flat |
Fees | None |
Insurance | None |
Tax | None |
Comp Dep | 1,000.00 upfront |
Range of pricing | |
Interest Price Component | N/A |
Fee Component | 30.8% (Int+Fee) |
Insurance Component | 4.4% - 5.9% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 41.7% |
Transparency Index (min/max) | 36 - 38 |
Transparency Index (average) | 36 |
266 |
USD 250 - 24,000 |
1 - 24 |
20.4%-27.6% annual, Decl Bal |
0.50%-0.00% upfront |
None |
None |
None |
18.3% - 30.7% |
0.5% - 8.3% |
0 |
0 |
20.3% - 37.0% |
55 - 101 |
79 |
Outstanding portfolio (INR) | INR 11,000,000 |
Portfolio (USD) | USD 207,547.17 |
Active Clients with Loans | 36 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 60% - 80% |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | x |
Other training | |
Other | |
Other (2) | |
No other services |
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) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Outstanding portfolio (USD) | USD 407,300 |
Portfolio (USD) | USD 407,300 |
Active Clients with Loans | 266 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 40% - 60% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | x |
Consumer loan | x |
Agriculture | |
Education | x |
Other household finance | x |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | 1 |
Regions Active | Phnom Penh |
Currency | INR |
Minimum loan size | INR 15,000 |
Maximum loan size | 16,000 |
Shortest loan term | 6.0 months |
Longest loan term | 12.0 months |
Approx average | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | x |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | USD |
Minimum loan size | USD 250 |
Maximum loan size | 24,000 |
Loans less than USD 250 | 0 |
USD 250-1,000 | 10% |
USD 1,000-1,500 | 30% |
USD 1,500-2,000 | 20% |
USD 2,000-2,500 | 15% |
Greater than USD 2,500 | 15% |
Shortest loan term | 1.0 month |
Longest loan term | 24.0 months |
Approx average | DK |
Loans 3 months or less | 5% |
Between 4 and 6 months | 10% |
Between 7 and 9 months | 10% |
Between 10 and 12 months | 15% |
Between 13 and 18 months | 40% |
Longer than 18 months | 20% |
Grace period usage | 0 |
Average grace period | DK |
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 |
Lowest quoted nominal interest | 15.00% |
Highest quoted nominal interest | 15.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | Yes |
Do borrowers control deposit in their group? |
% loan amount deposited | 0 |
or, Fixed-amount deposited | INR 1,000 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 1.70% |
Highest quoted nominal interest | 2.30% |
Reason(s) why interest rate varies | Depends client circumstances - poorer people are charged a lower rate. |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Processing Fee |
% of loan amount - min | 0.50% |
% of loan amount - max | 0 |
OR, Fixed amount - min | 0 |
Fixed amount - max | 40 |
Reason for variation | 0.5% subject to a maximum of 40 USD |
Appears on Repayment Sched? | Yes |
Required for | Some |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | No |
Do borrowers control deposit in their group? | Yes |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | |
---|---|
Loan Amount | INR 15,000 |
Loan Cycle (1, 2, 3, etc) | Not Known |
Disbursement Date | 2010-03-31 |
Loan Term (Months) | 11.7 months |
Grace Period (Months) | 0 |
Total Cost of Credit | Not Known |
True Price by Comp | |
Interest and Fee Component | 30.8% |
Insurance Component | 5.9% |
Tax Component | 0 |
Deposit Component | 5.0% |
Full APR (int fee ins tax dep) | 41.7% |
MFIN MFI Earning (Annualised) | 30.8% |
MFIN Cost to Borrower (Annualised) | 41.7% |
Transparency Index | 36 |
MFIN Transparency Index | N/A |
Original Repayment Schedule | |
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | USD 250 | USD 600 | USD 1,200 | USD 1,800 | USD 2,400 | USD 3,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2013-03-16 | 2012-11-03 | 2013-01-21 | 2011-12-28 | 2012-01-13 | 2012-08-17 | |||||
Loan Term (Months) | 5.1 months | 6.0 months | 12.0 months | 61.0 months | 49.0 months | 12.0 months | |||||
Grace Period (Months) | 0.0 months | 0.9 months | 0.2 months | 0.0 months | -0.1 months | -0.3 months | |||||
Total Cost of Credit | USD 20.75 | USD 48.95 | USD 171 | USD 995.90 | USD 1,196 | USD 332.28 | |||||
True Price by Comp | |||||||||||
Interest price component | 24.8% | 30.7% | 23.2% | 20.9% | 23.8% | 18.3% | |||||
Fee Component | 8.3% | 6.3% | 2.4% | 1.0% | 0.5% | 2.0% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 33.1% | 37.0% | 25.6% | 21.9% | 24.3% | 20.3% | |||||
Transparency Index | 62 | 55 | 80 | 93 | 84 | 100 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
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 |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
---|---|---|---|---|---|---|---|
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 | ||||||
to | ||||||
to | ||||||
to ∞ |