| Number borrowers | 53,850 |
| Loan Amount (range) | PKR 20,000 - 150,000 |
| Loan Term (range) | 6 - 12 |
| Other Services (text summary) | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training |
| Annual Interest & Method | 22.0% annual, Flat |
| Fees | 50.00 upfront |
| Insurance | None |
| Tax | None |
| Comp Dep | 10.0% upfront |
| Range of pricing | |
| Interest Price Component | 28.9% - 38.0% |
| Fee Component | 0.1% - 1.8% |
| Insurance Component | 0 |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 40.1% - 45.9% |
| Transparency Index (min/max) | 48 - 58 |
| Transparency Index (average) | 51 |
| Outstanding portfolio (PKR) | PKR 1,049,017,866 |
| Portfolio (USD) | USD 10,301,355.44 |
| Active Clients with Loans | 53,850 |
| Approximate % Female Clients | 100% |
| Approximate % Urban Clients | 40% - 60% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | x |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | x |
| Business training | x |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| Men | |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 3 |
| # Regions for this product | 3 |
| Regions Active | Balochistan, Punjab, Sindh |
| Currency | PKR |
| Minimum loan size | PKR 20,000 |
| Maximum loan size | 150,000 |
| Loans less than PKR 10,000 | 0 |
| PKR 10,000-25,000 | 40% |
| PKR 25,000-50,000 | 50% |
| PKR 50,000-75,000 | 5% |
| PKR 75,000-150,000 | 5% |
| Greater than PKR 150,000 | 5% |
| Shortest loan term | 6.0 months |
| Longest loan term | 12.0 months |
| Approx average | 9.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 5% |
| Between 7 and 9 months | 5% |
| Between 10 and 12 months | 90% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 100% |
| Average grace period | 0.5 months |
| Daily | |
| Weekly | x |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 22.00% |
| Highest quoted nominal interest | 22.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | Yes |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Loan renewal fee |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 50 |
| Fixed amount - max | 50 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | No |
| Do borrowers control deposit in their group? | No |
| % loan amount deposited | 10.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | End Term |
| Minimum interest rate paid | 0 |
| Maximum interest rate paid | 0 |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
Loan Amount |
Type of Sample |
Disbursement Date |
Loan Term (Months) |
Grace Period (Months) |
Total Cost of Credit |
Full APR (int fee ins tax dep) |
True Price by Component |
Transparency Index |
Original Repayment Schedule |
MFT Pricing Calculation |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest price component |
Fee Component |
Insurance Component |
Tax Component |
Deposit Component |
||||||||||
| PKR 30,000 | Real | 2015-03-09 | 12.2 months | N/A | PKR 6,650 | 44.7% | 37.1% | 0.3% | 0.0% | 0.0% | 7.3% | 49 | ||
| PKR 30,000 | Generated | 2015-06-01 | 11.5 months | N/A | PKR 6,378.77 | 43.2% | 36.1% | 0.3% | 0.0% | 0.0% | 6.8% | 51 | - | |
| PKR 20,000 | Real | 2015-03-27 | 12.1 months | N/A | PKR 4,450 | 45.9% | 38.0% | 0.4% | 0.0% | 0.0% | 7.5% | 48 | ||
| PKR 20,000 | Generated | 2015-06-01 | 11.5 months | N/A | PKR 4,269.18 | 43.4% | 36.1% | 0.5% | 0.0% | 0.0% | 6.8% | 51 | - | |
| PKR 21,000 | Generated | 2015-06-01 | 5.5 months | N/A | PKR 2,176.47 | 40.1% | 33.3% | 0.8% | 0.0% | 0.0% | 6.0% | 55 | - | |
| PKR 22,000 | Generated | 2015-06-01 | 11.5 months | N/A | PKR 4,691.10 | 43.3% | 36.1% | 0.5% | 0.0% | 0.0% | 6.7% | 51 | - | |
| PKR 25,000 | Generated | 2015-06-01 | 8.5 months | N/A | PKR 3,967.81 | 42.5% | 35.4% | 0.5% | 0.0% | 0.0% | 6.6% | 52 | - | |
| PKR 30,000 | Generated | 2015-06-01 | 11.5 months | N/A | PKR 6,378.77 | 43.2% | 36.1% | 0.3% | 0.0% | 0.0% | 6.8% | 51 | - | |
| PKR 40,000 | Generated | 2015-06-01 | 11.5 months | N/A | PKR 8,488.36 | 43.1% | 36.1% | 0.3% | 0.0% | 0.0% | 6.7% | 51 | - | |
| PKR 80,000 | Generated | 2015-06-01 | 11.5 months | N/A | PKR 16,926.71 | 42.9% | 36.1% | 0.1% | 0.0% | 0.0% | 6.7% | 51 | - | |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| 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 ∞ | ||||||
