- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Adhikar	35,300	2,674,000	1	140
AMPL	0	0	0	140
Arman	41,500	529,107,000	1	140
Arohan	43,500	8,091,000	2	140
ASA INDIA	164,000	15,380,000	1	140
Asirvad	113,500	19,328,000	1	140
Asmitha	1,114,800	217,867,000	1	140
Bandhan	4,048,600	674,564,000	5	140
Belstar	123,000	23,945,000	2	119
BSFL	275,200	31,590,000	3	140
Chaitanya	20,700	3,748,000	3	140
Disha Microfin	69,000	14,332,000	2	140
Equitas	1,220,000	186,415,000	4	140
ESAF	354,200	43,500,000	5	140
FFSL	150,600	35,719,000	2	140
Fusion	66,800	9,820,000	2	140
Grama Vidiyal	738,200	102,101,000	1	140
Grameen Koota	586,600	83,555,000	15	142
Janalakshmi	506,000	119,077,000	2	140
L & T Finance	399,800	37,199,000	1	140
MFL	331,800	49,083,000	1	140
MMFL	175,000	23,752,000	2	140
Mpower	13,600	2,263,000	2	140
Sahayata	0	0	0	140
Saija	24,700	4,682,000	2	140
Samasta	45,500	4,809,000	2	140
Satin	405,600	90,174,000	2	140
SCCI	115,600	15,910,000	2	140
Share	2,195,400	376,727,000	1	140
SKS	3,409,000	355,029,000	2	140
SMILE	360,200	56,927,000	1	140
SNFL	9,400	1,779,000	1	140
Sonata Finance	158,200	22,724,000	3	142
Spandana	533,400	147,240,000	2	140
Suryoday	78,600	14,713,000	3	140
SVCL	118,200	18,886,000	1	140
Swadhaar	92,800	17,166,000	3	140
Trident	68,700	8,852,000	1	140
Ujjivan	913,300	160,848,000	5	140
Utkarsh	168,600	25,915,000	3	140
VFS	175,400	19,264,000	2	140
Asomi	50,300	4,743,000	2	173
AES India	3,600	286,000	1	173
Arth	2,900	611,000	2	173
Asomi	50,300	4,743,000	2	173
Barasat GS	1,100	99,508.02	1	173
BJS	6,000	468,000	1	173
Cashpor	417,000	50,452,000	1	172
Credible	10,000	1,669,540.36	2	173
DIBAKAR	1,800	145,000	1	172
GOF	65,200	5,388,000	4	172
Hope	62,600	4,407,000	1	170
Jaago	2,700	237,000	1	171
LOK	4,900	573,000	1	172
Nano	25,600	3,660,000	2	173
NBSAAVS	28,100	2,821,000	1	170
Nirantara	8,200	917,000	2	172
Parama	7,100	482,000	1	172
Pragathi	26,200	4,579,000	6	172
PWMACS	36,500	5,946,000	1	172
Saadhana	90,900	12,046,000	2	172
Sambhav	1,500	183,000	3	172
Seba Rahara	6,700	468,000	1	172
SU	61,100	5,498,000	1	172
Swayanshree	7,900	918,000	2	172
Vikas Samiti	1,600	168,000	1	172
Vistaar	4,300	1,157,000	2	170
We The People	1,100	244,000	2	172
WEMCS	1,100	85,000	1	172
Yukti	1,100	99,000	2	172

Please note that the information you are viewing is 160 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Paglaum Multi Purpose Cooperative 2F PMPC Bldg., Eastern LoocPlaridel, Misamis Occidental7209

Data approved: 2011-11-15

Data version: 1

Age of data: 160 months

Download Data

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Product

Motorcycle Loan Product 5 of 8 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (PHP)	PHP 8,101,654.63
Portfolio (USD)	USD 193,819.49
Active Clients with Loans	219
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	0% - 20%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

To set guidelines for availment of motorcycle loan, as to eligibility of borrowers, loanable amount, interest, term and mode of payment, collateral requirements, fees and charges, penalties and other conditions.

Loan Purpose

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

Included Services

Credit education	x
Group meetings
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	Must have MIGS status
Other (2)	Must be Coop member

# 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	PHP
Minimum loan size	PHP 60,000
Maximum loan size	120,000

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	36.0 months
Approx average	0

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily	x
Weekly
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	1.75%
Highest quoted nominal interest	1.75%
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1	Fee 2
Description	Service Fee	Notarial Fee
% of loan amount - min	4.00%	0
% of loan amount - max	4.00%	0
OR, Fixed amount - min	0	100
Fixed amount - max	0	100
Reason for variation		N/A
Appears on Repayment Sched?	No	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Credit Insurance
% of loan amount - min	1.50%
% of loan amount - max	1.50%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

	Ins 1
Description	MBA, Life and Retirement Insurance
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	26
Fixed amount - max	26
Reason for variation	N/A
Appears on Repayment Sched?	No

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	6.50%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	PHP 26
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	3.00%
Maximum interest rate paid	3.00%
Interest payment frequency	Annually

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Motorcycle Loan samples

	Sample 1	Sample 2	Sample 3
Loan Amount	PHP 70,000	PHP 90,000	PHP 120,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2011-01-26	2011-03-09	2009-12-23
Loan Term (Months)	35.0 months	35.0 months	35.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	24.5%	24.5%	24.5%
Insurance Component	4.0%	3.4%	2.9%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	4.9%	4.5%	4.2%
Full APR (int fee ins tax dep)	33.4%	32.4%	31.6%
Transparency Index	63	65	67

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

Motorcycle Loan 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:
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