2. AZADER
Please note that the information you are viewing is 162 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Janalakshmi
Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Associacao Zambeziana Para o Desenvolvimento Rural Rua dos Trabalhadores,Edificio da OTM,QuelimaneRua Joaquim ChissanoGurue, Zambezia
Data approved: 2012-01-21
Data version: 1
Age of data: 162 months

Institution

Janalakshmi Financial Services (P) Ltd. No. 302, 7th Cross, 4th Main, Domlur LayoutBangalore, Karnataka560071
Data approved: 2010-10-25
Data version: 1
Age of data: -   months 
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Product

Credito ao Comercio Product 2 of 2 « Prev | Next »

Product

Small Group Loan Product 2 of 2 « Prev | Next »

Product Summary

Number borrowers80
Loan Amount (range)MZN 2,000 - 10,000
Loan Term (range)3 - 12
Other Services (text summary)
Annual Interest & Method54.0% annual, Decl Bal
Fees250.00 upfront
Insurance1.00% upfront
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component54.2% - 188.6% (Int+Fee)
Insurance Component3.3% - 8.4%
Tax Component Range0
Full APR (int fee ins tax dep)57.6% - 197.0%
Transparency Index (min/max)27 - 94
Transparency Index (average)45

Product Summary

171,534
INR 5,000 - 30,000
9 - 24
Credit Educ, Group Mtgs, Credit Ins
28.0%-30.0% annual, Decl Bal
2.25% upfront
None
None
10.0% upfront
 
N/A
#N/A (Int+Fee)
0 - 2.2%
0
#N/A
59 - 69
63

Product Details

Key Statistics
Outstanding portfolio (MZN)MZN 100,000
Portfolio (USD)USD 3,289.47
Active Clients with Loans80
Approximate % Female Clients60% - 80%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Credito para comercializacao
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
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
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

Product Details

Key Statistics
Outstanding portfolio (INR)INR 1,605,536,570
Portfolio (USD)USD 35,678,590.44
Active Clients with Loans171,534
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Loans provided to a group of members who co-gurarantee each other where in loans are used for a range of our purposes including repayment of existing loans, education, micro enterprises, emergency etc.\r
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loanx
Agriculture
Educationx
Other household financex
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
OtherCharges paid by customers includes the services we provide under training and educating them on loan
Other (2)
No other services
Eligibility
Men
Womenx
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
Othergroup members must live within each other's vicinity
Other (2)must demonstrate capacity to repay
# 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
CurrencyMZN
Minimum loan sizeMZN 2,000
Maximum loan size10,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average6.0 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 payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 5,000
Maximum loan size30,000
Loan Term and Grace Period
Shortest loan term9.0 months
Longest loan term24.0 months
Approx average15.0 months
Grace Period
Grace period usage70%
Average grace period1.0 month
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest4.50%
Highest quoted nominal interest4.50%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionPara cobertura de despesas administrativas
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min250
Fixed amount - max250
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionPara cobertura do credito vigente em caso de falecimento
% of loan amount - min1.00%
% of loan amount - max1.00%
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

Pricing Information

Interest
Lowest quoted nominal interest2.33%
Highest quoted nominal interest2.50%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService charges (2.25% or Rs 610, whichever is less)
% of loan amount - min2.25%
% of loan amount - max2.25%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance premiun + Loan Documentation Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min115
Fixed amount - max215
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - N/A
or, Fixed-amount deposited0 - N/A
Deposits DURING period payments
% loan amount deposited0 - N/A
or, Fixed-amount deposited0 - N/A
Conditions on access to depositFinal Pmt
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
A) The Service charges are 2.25% of the loan amount or Rs 61, whichever is mimimum. B) Insurance premium is Rs. 1 for the loan term upto 12 months, and Rs. 2 for Loan term longer than 12 months. the Insurance provides a Risk cover of Rs 75/-. C) The security deposit is interest free and will get adjusted with the last instalment amount in the 12th month and the borrower need to pay only the difference between the actual EMI & the Cash Security held with us.\r

Full Pricing Data

Credito ao Comercio samples
Sample 1Sample 2Sample 3
Loan AmountMZN 2,000MZN 4,000MZN 10,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-11-152011-11-152011-11-15
Loan Term (Months)3.0 months3.0 months6.0 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 Component188.6%95.1%54.2%
Insurance Component8.4%7.1%3.3%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)197.0%102.2%57.6%
Transparency Index275394
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Small Group Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountINR 10,000INR 15,000INR 20,000INR 30,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2010-05-312010-04-302010-04-302010-03-12
Loan Term (Months)12.0 months15.0 months15.0 months18.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component37.9%36.1%33.7%33.0%
Insurance Component2.0%2.2%1.6%1.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component7.8%7.4%6.9%6.7%
Full APR (int fee ins tax dep)47.7%45.7%42.2%40.7%
MFIN MFI Earning (Annualised)37.9%36.1%33.7%33.0%
MFIN Cost to Borrower (Annualised)47.7%45.7%42.2%40.7%
Transparency Index59616669
MFIN Transparency IndexN/AN/AN/AN/A
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Credito ao Comercio Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeAnyLoan PurposeAZADERInstitutionMZ-003-V01-P02ProductMZCountry2012YearRange Number1Institution Data Version02,0004,0006,0008,00010,000Loan Size (all)0%50%100%150%200%Full APR (int fee ins tax dep)> 40202Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Small Group Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.Private \'For-Profit\'Institution TypeBusinessLoan PurposeJanalakshmiInstitutionIN-035-V01-P02ProductINCountry2010YearRange Number1Institution Data Version05,00010,00015,00020,00025,00030,000Loan Size (all)0%10%20%30%40%50%Full APR (int fee ins tax dep)> 42,00032,00021,00010,0001,100Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Caps / Zoom options
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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