- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Adhikar	35,300	2,674,000	1	135
AMPL	0	0	0	135
Arman	41,500	529,107,000	1	135
Arohan	43,500	8,091,000	2	135
ASA INDIA	164,000	15,380,000	1	135
Asirvad	113,500	19,328,000	1	135
Asmitha	1,114,800	217,867,000	1	135
Bandhan	4,048,600	674,564,000	5	135
Belstar	123,000	23,945,000	2	114
BSFL	275,200	31,590,000	3	135
Chaitanya	20,700	3,748,000	3	135
Disha Microfin	69,000	14,332,000	2	135
Equitas	1,220,000	186,415,000	4	135
ESAF	354,200	43,500,000	5	135
FFSL	150,600	35,719,000	2	135
Fusion	66,800	9,820,000	2	135
Grama Vidiyal	738,200	102,101,000	1	135
Grameen Koota	586,600	83,555,000	15	137
Janalakshmi	506,000	119,077,000	2	135
L & T Finance	399,800	37,199,000	1	135
MFL	331,800	49,083,000	1	135
MMFL	175,000	23,752,000	2	135
Mpower	13,600	2,263,000	2	135
Sahayata	0	0	0	135
Saija	24,700	4,682,000	2	135
Samasta	45,500	4,809,000	2	135
Satin	405,600	90,174,000	2	135
SCCI	115,600	15,910,000	2	135
Share	2,195,400	376,727,000	1	135
SKS	3,409,000	355,029,000	2	135
SMILE	360,200	56,927,000	1	135
SNFL	9,400	1,779,000	1	135
Sonata Finance	158,200	22,724,000	3	137
Spandana	533,400	147,240,000	2	135
Suryoday	78,600	14,713,000	3	135
SVCL	118,200	18,886,000	1	135
Swadhaar	92,800	17,166,000	3	135
Trident	68,700	8,852,000	1	135
Ujjivan	913,300	160,848,000	5	135
Utkarsh	168,600	25,915,000	3	135
VFS	175,400	19,264,000	2	135
Asomi	50,300	4,743,000	2	168
AES India	3,600	286,000	1	168
Arth	2,900	611,000	2	168
Asomi	50,300	4,743,000	2	168
Barasat GS	1,100	99,508.02	1	168
BJS	6,000	468,000	1	168
Cashpor	417,000	50,452,000	1	167
Credible	10,000	1,669,540.36	2	168
DIBAKAR	1,800	145,000	1	167
GOF	65,200	5,388,000	4	167
Hope	62,600	4,407,000	1	165
Jaago	2,700	237,000	1	166
LOK	4,900	573,000	1	167
Nano	25,600	3,660,000	2	168
NBSAAVS	28,100	2,821,000	1	165
Nirantara	8,200	917,000	2	167
Parama	7,100	482,000	1	167
Pragathi	26,200	4,579,000	6	167
PWMACS	36,500	5,946,000	1	167
Saadhana	90,900	12,046,000	2	167
Sambhav	1,500	183,000	3	167
Seba Rahara	6,700	468,000	1	167
SU	61,100	5,498,000	1	167
Swayanshree	7,900	918,000	2	167
Vikas Samiti	1,600	168,000	1	167
Vistaar	4,300	1,157,000	2	165
We The People	1,100	244,000	2	167
WEMCS	1,100	85,000	1	167
Yukti	1,100	99,000	2	167

Please note that the information you are viewing is 128 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

The First MicroFinanceBank Ltd. 16th, 17th Floor, Habib Bank Ltd. Tower, Near China ChowkBlue AreaIslamabad, Federal44000

Data approved: 2013-07-25

Data version: 1

Age of data: 128 months

Download Data

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Product

Agriculture Finance Product 1 of 9 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (PKR)	PKR 1,588,972,116
Portfolio (USD)	USD 16,214,001.18
Active Clients with Loans	63,528
Approximate % Female Clients	0% - 20%
Approximate % Urban Clients	0

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

The product offers financing facility for purchasing agriculture inputs and other agriculture related expenses like tube well expenses, tractor rent, harvesting expenses, labor costs, etc.

Loan Purpose

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

Included Services

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

Eligibility

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	Has owned or contracted cultivation land and has experience of cultivation
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	6
# Regions for this product	6
Regions Active	Azad Kashmir, Balochistan, Gilgit-Baltistan, Khyber Pakhtunkwa, Punjab, Sindh

Loan Conditions

Loan Amount

Currency	PKR
Minimum loan size	PKR 10,000
Maximum loan size	150,000

Distribution at Disbursement (Est.)

Loans less than PKR 10,000	0
PKR 10,000-25,000	60%
PKR 25,000-50,000	30%
PKR 50,000-75,000	5%
PKR 75,000-150,000	5%
Greater than PKR 150,000	5%

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	14.0 months
Approx average	12.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	20%
Between 7 and 9 months	50%
Between 10 and 12 months	10%
Between 13 and 18 months	20%
Longer than 18 months	0

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	x
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	26.00%
Highest quoted nominal interest	38.40%
Reason(s) why interest rate varies	Branch, Loan repayment type (Bullet and Installment)
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Loan Processing Fee
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	230
Fixed amount - max	980
Reason for variation	The Fee structure in GBC is based on slabs, whereas in other parts of the country it is fixed as PKR 696/- Insurance fee is part of the processing fee
Appears on Repayment Sched?	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

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

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	Yes
Percentage of fees	16%
All or some fees taxed	Some

Full Pricing Data

Agriculture Finance samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	PKR 10,000	PKR 30,000	PKR 50,000	PKR 100,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2013-03-21	2013-03-21	2013-03-21	2013-06-29
Loan Term (Months)	8.0 months	8.0 months	8.0 months	10.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	PKR 2,075	PKR 5,766	PKR 9,257	PKR 27,348
True Price by Comp
Interest price component	27.1%	27.1%	27.1%	32.8%
Fee Component	6.5%	3.4%	2.0%	1.0%
Insurance Component	0.0%	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%	0.1%
Deposit Component	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	33.6%	30.5%	29.1%	33.9%
Transparency Index	N/A	N/A	N/A	N/A

Original Repayment Schedule	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF

Agriculture Finance Price Graphs

Click to view Price Analysis Tool

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
	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 ∞

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Agriculture Finance samples

Agriculture Finance Price Graphs

Total Borrowers of Samples

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