Please note that the information you are viewing is
111 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2015-04-13
Data version: 2
Age of data: 111 months
Key Statistics
Outstanding portfolio (PKR) | PKR 20,659,337 |
Portfolio (USD) | USD 202,874.69 |
Active Clients with Loans | 335 |
Approximate % Female Clients | 0 |
Approximate % Urban Clients | 40% - 60% |
Methodology
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other | |
Description
Small & Medium Enterprise for shops. Loan from 100 to 130 K. Succeeding loan Increment Rs. 25 K
Loan Purpose
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) | |
Included Services
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Eligibility
Men | x |
Women | |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) | |
Portfolio Size by Product
Geographic Coverage
# Regions for this institution | 2 |
# Regions for this product | 2 |
Regions Active | Punjab, Sindh |
Loan Conditions
Loan Amount
Currency | PKR |
Minimum loan size | PKR 100,000 |
Maximum loan size | 200,000 |
Distribution at Disbursement (Est.)
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 0 |
PKR 25,000-50,000 | 0 |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 100% |
Greater than PKR 150,000 | 100% |
Loan Term and Grace Period
Shortest loan term | 11.0 months |
Longest loan term | 17.0 months |
Approx average | 13.0 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 | 90% |
Between 13 and 18 months | 10% |
Longer than 18 months | 0 |
Grace Period
Grace period usage | 0 |
Average grace period | N/A |
Repayment Frequency
Daily | |
Weekly | |
Every 2 weeks | |
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 | 42.37% |
Highest quoted nominal interest | 43.74% |
Reason(s) why interest rate varies | Time as Client |
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
This product has no upfront feesOngoing Fees
This product has no ongoing feesUpfront Insurance Fees
This product has no upfront insurance feesOngoing 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? | No |
Full Pricing Data
Small & Medium Enterprise samples
No sample data for this product
Small & Medium Enterprise Price Graphs
No sample data for this product
Please note that the information you are viewing is
168 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2010-10-25
Data version: 1
Age of data: 168 months
Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | http://www.wethepeople.co.in/ |
Year established | 2005 |
Head of Institution | Ajaya Mohapatra |
Regions active | |
# Branches | 2 |
Total Portfolio (nat'l) | INR 12,963,159 |
Total Portfolio (USD) | USD 244,587.91 |
Active clients with loans | 1,645 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 60% - 80% |
Network affiliations | |
1,130 Borrowers
USD 37,040.74 Portfolio
Active Product
36 Borrowers
USD 207,547.17 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products
Loan Products » Conditions
Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
Subh Arambh |
|
INR 7,000 - 10,000 |
|
6 - 12 |
|
80% - 100% |
|
60% - 80% |
|
Any Purpose |
|
Women |
|
Credit Educ, Credit Ins, Business Training, Other Training |
Sukh Samridhi |
|
INR 15,000 - 16,000 |
|
6 - 12 |
|
80% - 100% |
|
60% - 80% |
|
Business |
|
Women |
|
Credit Educ, Credit Ins, Business Training |
Loan Products » MFIN India Additional Information
Product Name |
|
APR (int) |
|
MFIN MFI Earning (Annualised) |
|
MFIN Cost to Borrower (Annualised) |
|
COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD |
|
COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES |
|
COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM |
|
MFIN Transparency Index |
Subh Arambh |
|
0% |
|
31.5% |
|
39.5% |
|
|
|
|
|
|
|
N/A |
Sukh Samridhi |
|
0% |
|
30.8% |
|
41.7% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
Subh Arambh |
|
15.0% annual, Flat |
|
1 Fee |
|
1 Ins |
|
None |
|
500.00 upfront |
|
31.5% |
|
39.5% |
|
38 |
Sukh Samridhi |
|
15.0% annual, Flat |
|
0 Fees |
|
0 Ins |
|
None |
|
1,000.00 upfront |
|
30.8% |
|
41.7% |
|
36 |