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 |
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 |
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 |
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 | - |
Institution Type | Bank |
Is this institution regulated? | Yes |
Website address | http://www.nbsmw.com/ |
Year established | 2004 |
Head of Institution | John S Biziwick |
Regions active | Lilongwe, Rumphi, Blantyre, Mulanje |
# Branches | 3 |
Total Portfolio (nat'l) | MWK 380,000,000 |
Total Portfolio (USD) | USD 974,358.97 |
Active clients with loans | 1,000 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 40% - 60% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ordinary SME Loan | MWK 200,000 - 1,500,000 | 1 - 24 | 0% - 20% | 20% - 40% | Business, Can be used for ANY business use | Women, Men, Have business, Specific age group, Fixed business or residential place, Produce business records or bank statements | Credit Educ, Tech Asst Visits, Business Training, Other Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ordinary SME Loan | 24.00%-36.00% annual, Decl Bal | 1 Fee | 0 | None | N/A | 37.9% - 38.3% | 37.9% - 38.3% | 63 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
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