Number borrowers | 1,197 |
Loan Amount (range) | PKR 25,000 - 150,000 |
Loan Term (range) | 3 - 6 |
Other Services (text summary) | Credit Ins |
Annual Interest & Method | 25.0% annual, Decl Bal |
Fees | 800.00-1,000.00 upfront |
Insurance | None |
Tax | 16.00% fees |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 22.4% - 30.6% |
Fee Component | 1.0% - 13.7% |
Insurance Component | 0 |
Tax Component Range | 0.1% - 2.3% |
Full APR (int fee ins tax dep) | 25.1% - 30.0% |
Transparency Index (min/max) | 67 - 100 |
Transparency Index (average) | 95 |
1,002 |
INR 3,000 - 20,000 |
12 - 20 |
Group Mtgs, Credit Ins, Other Training |
12.5% annual, Flat |
2.00% upfront |
1.00% upfront |
None |
10.0% upfront 100.00 ongoing |
N/A |
25.6% - 25.7% (Int+Fee) |
1.4% - 1.7% |
0 |
33.8% - 36.2% |
25 - 47 |
36 |
Outstanding portfolio (PKR) | PKR 126,658,375 |
Portfolio (USD) | USD 1,243,785.24 |
Active Clients with Loans | 1,197 |
Approximate % Female Clients | 0% - 20% |
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 | x |
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 |
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 | 6 |
# Regions for this product | 6 |
Regions Active | Azad Kashmir, Balochistan, Islambad Capital Territory, Khyber Pakhtunkwa, Punjab, Sindh |
Outstanding portfolio (INR) | INR 9,246,427 |
Portfolio (USD) | USD 174,460.89 |
Active Clients with Loans | 1,002 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | |
Village banking | |
Self help group | x |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | x |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | x |
Other | |
Other (2) | |
No other services |
Men | |
Women | x |
Must run a business | |
Must own a home or land | x |
Must be a salaried worker | x |
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 25,000 |
Maximum loan size | 150,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 0 |
PKR 25,000-50,000 | 10% |
PKR 50,000-75,000 | 10% |
PKR 75,000-150,000 | 80% |
Greater than PKR 150,000 | 80% |
Shortest loan term | 3.0 months |
Longest loan term | 6.0 months |
Approx average | 0 |
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 | |
Every 12 months | |
Single end payment | x |
Irregular payments |
Currency | INR |
Minimum loan size | INR 3,000 |
Maximum loan size | 20,000 |
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 | 25.00% |
Highest quoted nominal interest | 25.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Processeng Fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 800 |
Fixed amount - max | 1,000 |
Reason for variation | Loan <= PKR 30,000 = PKR 800 , Loan > PKR 30,000 = PKR 1000 |
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 | 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 100 |
Conditions on access to deposit | When Leaving |
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 30,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 4,626.63 | 30.0% | 23.6% | 5.5% | 0.0% | 0.9% | 0.0% | 83 | - | |
PKR 60,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 8,325.26 | 26.7% | 23.6% | 2.7% | 0.0% | 0.4% | 0.0% | 93 | - | |
PKR 75,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 10,174.58 | 26.1% | 23.6% | 2.2% | 0.0% | 0.3% | 0.0% | 96 | - | |
PKR 80,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 10,791.01 | 26.0% | 23.6% | 2.0% | 0.0% | 0.4% | 0.0% | 96 | - | |
PKR 85,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 11,407.45 | 25.8% | 23.6% | 1.9% | 0.0% | 0.3% | 0.0% | 97 | - | |
PKR 95,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 12,640.33 | 25.6% | 23.6% | 1.7% | 0.0% | 0.3% | 0.0% | 98 | - | |
PKR 100,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 13,256.77 | 25.5% | 23.6% | 1.6% | 0.0% | 0.3% | 0.0% | 98 | - | |
PKR 125,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 16,338.96 | 25.1% | 23.6% | 1.3% | 0.0% | 0.2% | 0.0% | 100 | - |
Sample 1 | Sample 2 | ||
---|---|---|---|
Loan Amount | INR 10,000 | INR 20,000 | |
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | |
Disbursement Date | 2010-06-20 | 2010-07-22 | |
Loan Term (Months) | 15.0 months | 15.0 months | |
Grace Period (Months) | 0.0 months | 0.0 months | |
Total Cost of Credit | Not Known | Not Known | |
True Price by Comp | |||
Interest and Fee Component | 25.7% | 25.6% | |
Insurance Component | 1.7% | 1.7% | |
Tax Component | 0.0% | 0.0% | |
Deposit Component | 8.9% | 6.6% | |
Full APR (int fee ins tax dep) | 36.2% | 33.8% | |
MFIN MFI Earning (Annualised) | 25.7% | 25.6% | |
MFIN Cost to Borrower (Annualised) | 36.2% | 33.8% | |
Transparency Index | 35 | 37 | |
MFIN Transparency Index | 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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