Loan Conditions

Loan Amount

Currency	PKR
Minimum loan size	PKR 20,000
Maximum loan size	150,000

Distribution at Disbursement (Est.)

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%

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	12.0 months
Approx average	9.0 months

Distribution at Disbursement (Est.)

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

Grace period usage	100%
Average grace period	0.5 months

Repayment Frequency

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

Loan Conditions

Loan Amount

Currency	INR
Minimum loan size	INR 6,000
Maximum loan size	34,000

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	24.0 months
Approx average	0

Distribution at Disbursement (Est.)

Loans 3 months or less	N/A
Between 4 and 6 months	N/A
Between 7 and 9 months	N/A
Between 10 and 12 months	N/A
Between 13 and 18 months	N/A
Longer than 18 months	N/A

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Upfront Fees

	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

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	No
Do borrowers control deposit in their group?	No

Deposit BEFORE or AT Disbursement

% loan amount deposited	10.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?

No

Pricing Information

Interest

Upfront Fees

	Fee 1
Description	Processing Fees (2.76%) - including service tax
% of loan amount - min	2.76%
% of loan amount - max	2.76%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

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	90
Fixed amount - max	310
Reason for variation
Appears on Repayment Sched?	No

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?

No

Additional Comments

FEES: At the time of disbursement we collect:\rProcessing Fee: 2.76% of loan amount (including service tax)\r\rInsurance Fee: Minimum of 9 and Max of 31\r\rACCESS TO DEPOSIT: It can be accessed at the end of loan term OR at the time of loan foreclosure\r\rINSTALLMENT SCHEDULE: Processing Fees, Insurance Fees and Security Deposit (margin money) are not included in the repayment schedule as it is a system generated schedule. Details for these fees are included in the receipts given to the client at the time of disbursement.\r\rBROKEN PERIOD INTEREST: As in samples of the Swahit product, broken period interest may be charged upfront to some clients due to deferment in instalments dates.

Micro Finance Price Graphs

Swahit - Individual Loan with Joint Liability Price Graphs