- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Action	0	0	0	142
Adok Timo	4,200	570,000	4	174
BIMAS	11,100	4,679,000	7	142
ECLOF Kenya	20,500	5,455,000	8	142
Equity Bank	135,500	94,746,000	9	142
Family Bank	43,200	90,700,000	5	174
Jamii Bora	2,400	3,374,000	4	142
Juhudi Kilimo	10,400	4,436,000	2	142
KADET	12,900	5,402,000	4	142
K-Rep	0	0	0	142
K-Rep Bank	65,000	28,743,000	4	174
KWFT DTM	294,600	165,982,000	6	142
LKL	13,100	9,311,000	10	135
MKL	18,200	5,989,000	6	119
Opportunity Kenya	9,100	4,866,000	5	142
PAWDEP	40,900	7,133,000	2	142
RAFODE	2,900	356,000	1	142
SISDO	7,300	3,657,000	11	142
Yehu	14,000	3,149,000	11	142

Please note that the information you are viewing is 142 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Grameen Financial Services Pvt. Ltd. (Grameen Koota) AvalahaliJP Nagar-9th PhaseBanglore, Karnataka560062

Data approved: 2013-05-14

Data version: 3

Age of data: 142 months

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Product

Water Loan-PureIT Product 14 of 23 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (INR)	INR 10,912,006.94
Portfolio (USD)	USD 205,886.92
Active Clients with Loans	4,971
Approximate % Female Clients	100%
Approximate % Urban Clients	20% - 40%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

It is a product in Livelihood improvement category. To Purchase Water Purifier

Loan Purpose

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

Included Services

Credit education	x
Group meetings	x
Credit insurance	x
Workplace visits
Business training
Other training
Other	Jagruthi- Client Education Series
Other (2)	Socio-Economic Development Workshop
No other services

Eligibility

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	x
Household income <120,000 INR	x
Must live in rural area
Must lives in urban area
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	3
# Regions for this product	1
Regions Active	Karnataka

Loan Conditions

Loan Amount

Currency	INR
Minimum loan size	INR 2,950
Maximum loan size	2,950

Distribution at Disbursement (Est.)

Loans less than INR 5,000	100%
INR 5,000-15,000	0
INR 15,000-25,000	0
INR 25,000-35,000	0
INR 35,000-45,000	0
Greater than INR 45,000	0

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	12.1 months
Approx average	12.1 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	0
Between 7 and 9 months	0
Between 10 and 12 months	100%
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	100%
Average grace period	0.2 months

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	24.00%
Highest quoted nominal interest	24.00%
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	Processing Fee
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Insurance Fees
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	49
Fixed amount - max	49
Reason for variation	Insurance is compulsory only for member.
Appears on Repayment Sched?	Yes

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	12.4%
All or some fees taxed	Some

Additional Comments

Moratorium Period (Repayment Holiday) - one installment for principal only

Full Pricing Data

Water Loan-PureIT samples

	Sample 1	Sample 2	Sample 3
Loan Amount	INR 2,950	INR 2,950	INR 2,950
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2013-04-19	2013-04-19	2013-04-26
Loan Term (Months)	12.0 months	12.0 months	12.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	INR 423.15	INR 423.15	INR 423.15
True Price by Comp
Interest price component	24.0%	24.0%	24.0%
Fee Component	2.1%	2.1%	2.1%
Insurance Component	1.1%	1.1%	1.1%
Tax Component	0.2%	0.2%	0.2%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	27.4%	27.4%	27.4%
MFIN MFI Earning (Annualised)	26.1%	26.1%	26.1%
MFIN Cost to Borrower (Annualised)	27.4%	27.4%	27.4%
Transparency Index	87	87	87
MFIN Transparency Index	100	100	100

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

* The APR stated here is an MFTransparency term, definition and formula

Water Loan-PureIT 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

	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

Additional Comments

Full Pricing Data

Water Loan-PureIT samples

Water Loan-PureIT Price Graphs

Total Borrowers of Samples

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