Number borrowers | 1,000 |
Loan Amount (range) | PKR 50,000 - 100,000 |
Loan Term (range) | 6 - 7 |
Other Services (text summary) | Group Mtgs, Credit Ins, Business Training |
Annual Interest & Method | 20.0% annual, Flat |
Fees | 1.50% upfront |
Insurance | None |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 19.1% - 34.6% |
Fee Component | 3.0% - 5.9% |
Insurance Component | 0 |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 22.1% |
Transparency Index (min/max) | 49 - 90 |
Transparency Index (average) | 90 |
501 |
INR 10,000 - 30,000 |
12 - 20 |
Credit Educ, Group Mtgs, Credit Ins, Other Training, Livelihood and Social Awareness programs |
12.5% annual, Flat |
2.00% upfront |
1.00% upfront |
None |
10.0% upfront 50.00 ongoing |
N/A |
25.6% - 25.7% (Int+Fee) |
1.4% - 1.7% |
0 |
32.7% - 33.8% |
25 - 47 |
37 |
Outstanding portfolio (PKR) | PKR 94,610,000 |
Portfolio (USD) | USD 929,070.20 |
Active Clients with Loans | 1,000 |
Approximate % Female Clients | 0 |
Approximate % Urban Clients | 0 |
Individual | |
Solidarity group | x |
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 | |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | x |
Other training | |
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 | 1 |
# Regions for this product | 1 |
Regions Active | Punjab |
Outstanding portfolio (INR) | INR 4,623,213 |
Portfolio (USD) | USD 87,230.43 |
Active Clients with Loans | 501 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 20% - 40% |
Individual | |
Solidarity group | |
Village banking | |
Self help group | x |
Other |
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | x |
Other | Livelihood and Social Awareness programs |
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 | |
Household income <60,000 INR | |
Household income <120,000 INR | |
Must live in rural area | |
Must lives in urban area | |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | PKR |
Minimum loan size | PKR 50,000 |
Maximum loan size | 100,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 0 |
PKR 25,000-50,000 | 0 |
PKR 50,000-75,000 | 10% |
PKR 75,000-150,000 | 90% |
Greater than PKR 150,000 | 90% |
Shortest loan term | 6.0 months |
Longest loan term | 7.0 months |
Approx average | 6.5 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 100% |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | x |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | INR |
Minimum loan size | INR 10,000 |
Maximum loan size | 30,000 |
Shortest loan term | 12.0 months |
Longest loan term | 20.0 months |
Approx average | 15.0 months |
Grace period usage | 0 |
Average grace period | 0 |
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 |
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? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | processing fee and clients death insurance fee |
% of loan amount - min | 1.50% |
% of loan amount - max | 1.50% |
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 |
Lowest quoted nominal interest | 12.50% |
Highest quoted nominal interest | 12.50% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Processing Fee |
% of loan amount - min | 2.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Ins 1 | |
---|---|
Description | Insurance Fee |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | Yes |
Do borrowers control deposit in their group? |
% loan amount deposited | 10.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | INR 50 |
Conditions on access to deposit | Final Pmt |
Minimum interest rate paid | 6.00% |
Maximum interest rate paid | 6.00% |
Interest payment frequency | Annually |
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 50,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 5,681.51 | 22.1% | 19.1% | 3.0% | 0.0% | 0.0% | 0.0% | 90 | - | |
PKR 70,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 7,954.11 | 22.1% | 19.1% | 3.0% | 0.0% | 0.0% | 0.0% | 90 | - | |
PKR 76,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 8,635.89 | 22.1% | 19.1% | 3.0% | 0.0% | 0.0% | 0.0% | 90 | - | |
PKR 80,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 9,090.41 | 22.1% | 19.1% | 3.0% | 0.0% | 0.0% | 0.0% | 90 | - | |
PKR 85,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 9,658.56 | 22.1% | 19.1% | 3.0% | 0.0% | 0.0% | 0.0% | 90 | - | |
PKR 90,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 10,226.71 | 22.1% | 19.1% | 3.0% | 0.0% | 0.0% | 0.0% | 90 | - | |
PKR 95,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 10,794.86 | 22.1% | 19.1% | 3.0% | 0.0% | 0.0% | 0.0% | 90 | - | |
PKR 100,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 11,363.01 | 22.1% | 19.1% | 3.0% | 0.0% | 0.0% | 0.0% | 90 | - |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | INR 10,000 | INR 20,000 | INR 30,000 | ||
Loan Cycle (1, 2, 3, etc) | 2 | 1 | 2 | ||
Disbursement Date | 2010-07-01 | 2010-04-12 | 2010-08-01 | ||
Loan Term (Months) | 15.0 months | 15.0 months | 15.0 months | ||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
Total Cost of Credit | Not Known | Not Known | Not Known | ||
True Price by Comp | |||||
Interest and Fee Component | 25.6% | 25.6% | 25.7% | ||
Insurance Component | 1.6% | 1.7% | 1.7% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 6.6% | 5.6% | 5.3% | ||
Full APR (int fee ins tax dep) | 33.8% | 32.9% | 32.7% | ||
MFIN MFI Earning (Annualised) | 25.6% | 25.6% | 25.7% | ||
MFIN Cost to Borrower (Annualised) | 33.8% | 32.9% | 32.7% | ||
Transparency Index | 37 | 38 | 38 | ||
MFIN Transparency Index | N/A | N/A | N/A | ||
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 | ||||||
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Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
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Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |