Number borrowers | 11,506 |
Loan Amount (range) | PKR 50,000 - 150,000 |
Loan Term (range) | 12 |
Other Services (text summary) | Credit Ins |
Annual Interest & Method | 27.0%-28.0% annual, Flat |
Fees | 1,500.00-2,500.00 upfront |
Insurance | 0.07% ongoing, of Bal, each Mnth |
Tax | 16.00% fees |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 23.8% - 50.1% |
Fee Component | 1.3% - 14.5% |
Insurance Component | 0.8% - 2.9% |
Tax Component Range | 0.3% - 2.8% |
Full APR (int fee ins tax dep) | 31.7% - 33.8% |
Transparency Index (min/max) | 42 - 99 |
Transparency Index (average) | 81 |
1,205 |
INR 12,000 - 20,000 |
12 - 24 |
Group Mtgs, Other Training, Training from veterinarian, Health / Social Issue Training |
12.0% annual, Flat |
2.00% upfront |
None |
None |
N/A |
N/A |
25.5% - 25.7% (Int+Fee) |
0 |
0 |
25.5% - 25.7% |
28 - 53 |
47 |
Outstanding portfolio (PKR) | PKR 943,230,382.30 |
Portfolio (USD) | USD 9,262,522.35 |
Active Clients with Loans | 11,506 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 80% - 100% |
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 | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | x |
Women | x |
Must run a business | x |
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 | Khyber Pakhtunkwa, Punjab, Sindh |
Outstanding portfolio (INR) | INR 2,000,000 |
Portfolio (USD) | USD 37,735.85 |
Active Clients with Loans | 1,205 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | x |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Only for purchase of farm animals |
Other (2) |
Credit education | |
Group meetings | x |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | x |
Other | Training from veterinarian |
Other (2) | Health / Social Issue Training |
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 | 150,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 0 |
PKR 25,000-50,000 | 0 |
PKR 50,000-75,000 | 40% |
PKR 75,000-150,000 | 60% |
Greater than PKR 150,000 | 60% |
Shortest loan term | 12.0 months |
Longest loan term | 12.0 months |
Approx average | 12.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 100% |
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 | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments | x |
Currency | INR |
Minimum loan size | INR 12,000 |
Maximum loan size | 20,000 |
Shortest loan term | 12.0 months |
Longest loan term | 24.0 months |
Approx average | 0 |
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 | 27.00% |
Highest quoted nominal interest | 28.00% |
Reason(s) why interest rate varies | %age of limit utlized. |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | No |
Fee 1 | |
---|---|
Description | Processing Fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 1,500 |
Fixed amount - max | 2,500 |
Reason for variation | for fresh clients as high as 2500, for repeatg clients as low as 1500 |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Insurance Fee |
% of loan amount - min | 0.07% |
% of loan amount - max | 0.07% |
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? | Yes |
Percentage of fees | 16% |
All or some fees taxed | Some |
Lowest quoted nominal interest | 1.00% |
Highest quoted nominal interest | 1.00% |
Interest rate period | Monthly |
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? | 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 | 12.0 months | N/A | PKR 16,627.10 | 33.2% | 29.6% | 2.3% | 0.9% | 0.4% | 0.0% | 81 | - | |
PKR 55,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 18,202.30 | 33.2% | 28.7% | 3.1% | 0.8% | 0.6% | 0.0% | 81 | - | |
PKR 60,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 19,698.87 | 32.8% | 28.7% | 2.8% | 0.9% | 0.4% | 0.0% | 82 | - | |
PKR 76,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 25,465.82 | 33.8% | 27.7% | 4.5% | 0.9% | 0.7% | 0.0% | 80 | - | |
PKR 80,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 26,622.97 | 33.6% | 27.7% | 4.3% | 0.9% | 0.7% | 0.0% | 80 | - | |
PKR 90,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 29,515.84 | 33.0% | 27.7% | 3.8% | 0.9% | 0.6% | 0.0% | 82 | - | |
PKR 100,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 32,408.71 | 32.5% | 27.7% | 3.4% | 0.9% | 0.5% | 0.0% | 83 | - | |
PKR 125,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 39,640.89 | 31.7% | 27.7% | 2.7% | 0.9% | 0.4% | 0.0% | 85 | - |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | INR 15,000 | INR 17,000 | INR 18,000 | ||
Loan Cycle (1, 2, 3, etc) | 1 | 1 | 1 | ||
Disbursement Date | 2010-05-20 | 2010-05-28 | 2010-04-19 | ||
Loan Term (Months) | 12.1 months | 12.1 months | 12.0 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 | 25.7% | 25.7% | 25.5% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 25.7% | 25.7% | 25.5% | ||
MFIN MFI Earning (Annualised) | 25.7% | 25.7% | 25.5% | ||
MFIN Cost to Borrower (Annualised) | 25.7% | 25.7% | 25.5% | ||
Transparency Index | 47 | 47 | 47 | ||
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 |
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