Number borrowers | 2,322 |
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 | 20.0% annual, Flat |
Fees | 50.00 upfront |
Insurance | None |
Tax | None |
Comp Dep | N/A |
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) | 34.2% - 38.1% |
Transparency Index (min/max) | 48 - 58 |
Transparency Index (average) | 53 |
172 |
USD 300 - 1,000 |
3 - 8 |
Credit Ins |
24.5%-26.9% annual, Decl Bal |
1.90% ongoing |
None |
None |
N/A |
N/A |
27.2% - 27.3% (Int+Fee) |
2.7% - 3.2% |
0 |
30.3% - 30.4% |
73 - 87 |
80 |
Outstanding portfolio (PKR) | PKR 44,416,614 |
Portfolio (USD) | USD 436,171.15 |
Active Clients with Loans | 2,322 |
Approximate % Female Clients | 0 |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
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 | x |
Women | |
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 | 1 |
Regions Active | Punjab |
Outstanding portfolio (USD) | USD 73,328.71 |
Portfolio (USD) | USD 73,328.71 |
Active Clients with Loans | 172 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 20% - 40% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Usar solo para capital de trabajo |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | x |
Must be a salaried worker | |
Must be specific age group | |
Other | Propietario de Terreno |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
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 | 30% |
PKR 25,000-50,000 | 60% |
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 | 10% |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 90% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 100% |
Average grace period | 1.0 month |
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 |
Currency | USD |
Minimum loan size | USD 300 |
Maximum loan size | 1,000 |
Shortest loan term | 3.0 months |
Longest loan term | 8.0 months |
Approx average | 7.2 months |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | x |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 20.00% |
Highest quoted nominal interest | 20.00% |
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 | membership 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 | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 24.45% |
Highest quoted nominal interest | 26.92% |
Reason(s) why interest rate varies | Depende del sector donde estan ubicados los clientes que se determinan por nivel de pobreza de acuerdo a como lo establece el Sistema Nacional de Microfinanzas.\rTipo A los más pobres\rTipo B intermedios\rTipo C menos pobres |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Seguro de Vida, Seguro de Desgravamen |
% of loan amount - min | 1.90% |
% of loan amount - max | 1.90% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
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 20,000 | Generated | 2015-06-01 | 11.9 months | N/A | PKR 4,028.08 | 38.1% | 31.9% | 0.4% | 0.0% | 0.0% | 5.8% | 53 | - | |
PKR 25,000 | Generated | 2015-06-01 | 11.9 months | N/A | PKR 5,022.60 | 38.0% | 31.9% | 0.3% | 0.0% | 0.0% | 5.8% | 53 | - | |
PKR 30,000 | Generated | 2015-06-01 | 6.0 months | N/A | PKR 3,041.78 | 34.2% | 28.9% | 0.5% | 0.0% | 0.0% | 4.8% | 58 | - | |
PKR 35,000 | Generated | 2015-06-01 | 11.9 months | N/A | PKR 7,011.64 | 37.9% | 31.9% | 0.2% | 0.0% | 0.0% | 5.8% | 53 | - | |
PKR 45,000 | Generated | 2015-06-01 | 11.9 months | N/A | PKR 9,000.68 | 37.8% | 31.9% | 0.2% | 0.0% | 0.0% | 5.7% | 53 | - | |
PKR 50,000 | Generated | 2015-06-01 | 11.9 months | N/A | PKR 9,995.21 | 37.8% | 31.9% | 0.1% | 0.0% | 0.0% | 5.8% | 53 | - | |
PKR 60,000 | Generated | 2015-06-01 | 11.9 months | N/A | PKR 11,984.25 | 37.7% | 31.9% | 0.1% | 0.0% | 0.0% | 5.7% | 53 | - | |
PKR 75,000 | Generated | 2015-06-01 | 11.9 months | N/A | PKR 14,967.81 | 37.7% | 31.9% | 0.1% | 0.0% | 0.0% | 5.7% | 53 | - |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | USD 450 | USD 450 | USD 900 | USD 1,000 | |||
Loan Cycle (1, 2, 3, etc) | 2 | 2 | 2 | 3 | |||
Disbursement Date | 2010-07-02 | 2010-06-21 | 2010-06-17 | 2010-06-02 | |||
Loan Term (Months) | 6.0 months | 6.0 months | 6.0 months | 8.0 months | |||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||
Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | |||
True Price by Comp | |||||||
Interest and Fee Component | 27.3% | 27.3% | 27.2% | 27.3% | |||
Insurance Component | 3.1% | 3.1% | 3.1% | 3.2% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Full APR (int fee ins tax dep) | 30.4% | 30.4% | 30.3% | 30.4% | |||
Transparency Index | 81 | 81 | 81 | 80 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
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 | ||||||
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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 | ||||||
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Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |