NATIONAL RURAL SUPPORT PROGRAM - Enterprise Development - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 113 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

NATIONAL RURAL SUPPORT PROGRAM 46, Aga Khan Road, F-6/4Islamabad44000

Data approved: 2015-04-17

Data version: 1

Age of data: 113 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (PKR)	PKR 2,857,472,008
Portfolio (USD)	USD 28,060,375.12
Active Clients with Loans	191,998
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	0

Methodology

Individual
Solidarity group
Village banking
Self help group
Other

Description

The loan is provided for working capital for running small businesses, such as grocery, repair shops, micro labour intensive production units such as handicrafts/decoration, services such as computer/internet kiosk etc

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services	x

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	6
# Regions for this product	4
Regions Active	Azad Kashmir, Islambad Capital Territory, Punjab, Sindh

Loan Conditions

Loan Amount

Currency	PKR
Minimum loan size	PKR 15,000
Maximum loan size	70,000

Distribution at Disbursement (Est.)

Loans less than PKR 10,000	0
PKR 10,000-25,000	20%
PKR 25,000-50,000	60%
PKR 50,000-75,000	20%
PKR 75,000-150,000	0
Greater than PKR 150,000	0

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	12.0 months
Approx average	12.0 months

Distribution at Disbursement (Est.)

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

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly	1
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	28.00%
Highest quoted nominal interest	28.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Processing/Documentation Charges
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	400
Fixed amount - max	400
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Insurance Charges
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	100
Fixed amount - max	100
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/A
Is deposit indicated on the repayment schedule?	N/A
Do borrowers control deposit in their group?	N/A

Deposit BEFORE or AT Disbursement

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Additional Comments

Minimum loan period and loan amount is not Fixed in the policy. The same reported above is actual for the current year.

Full Pricing Data

Enterprise Development samples

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
Loan Amount	Type of Sample	Disbursement Date	Loan Term (Months)	Grace Period (Months)	Total Cost of Credit	Full APR (int fee ins tax dep)	Interest price component	Fee Component	Insurance Component	Tax Component	Deposit Component	Transparency Index	Original Repayment Schedule	MFT Pricing Calculation
PKR 25,000	Real	2014-09-04	12.0 months	N/A	PKR 4,452	31.7%	27.8%	3.1%	0.8%	0.0%	0.0%	88	PDF	PDF
PKR 25,000	Generated	2015-06-01	12.0 months	N/A	PKR 4,461.99	31.6%	27.7%	3.1%	0.8%	0.0%	0.0%	89	-	PDF
PKR 50,000	Real	2014-12-12	12.0 months	N/A	PKR 8,404	29.7%	27.7%	1.6%	0.4%	0.0%	0.0%	94	PDF	PDF
PKR 50,000	Generated	2015-06-01	12.0 months	N/A	PKR 8,423.97	29.6%	27.7%	1.5%	0.4%	0.0%	0.0%	95	-	PDF
PKR 20,000	Generated	2015-06-01	12.0 months	N/A	PKR 3,669.59	32.6%	27.7%	3.9%	1.0%	0.0%	0.0%	86	-	PDF
PKR 30,000	Generated	2015-06-01	12.0 months	N/A	PKR 5,254.38	30.9%	27.7%	2.6%	0.6%	0.0%	0.0%	91	-	PDF
PKR 35,000	Generated	2015-06-01	12.0 months	N/A	PKR 6,046.78	30.5%	27.7%	2.2%	0.6%	0.0%	0.0%	92	-	PDF
PKR 40,000	Generated	2015-06-01	12.0 months	N/A	PKR 6,839.18	30.1%	27.7%	1.9%	0.5%	0.0%	0.0%	93	-	PDF
PKR 45,000	Generated	2015-06-01	12.0 months	N/A	PKR 7,631.57	29.8%	27.7%	1.7%	0.4%	0.0%	0.0%	94	-	PDF
PKR 70,000	Generated	2015-06-01	12.0 months	N/A	PKR 11,593.56	29.1%	27.7%	1.1%	0.3%	0.0%	0.0%	96	-	PDF

Enterprise Development Price Graphs

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Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

SWAWS Credit Corporation India Private Limited C2 Pooja Plaza, Vikrampuri ColonyKharkhanaSecunderabad, Andhra Pradesh500003

Data approved: 2013-05-14

Data version: 2

Age of data: 139 months

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Institution Details

Institution Type	Non Bank Financial Institution
Is this institution regulated?	Yes
Website address	http://www.sccimicrofinance.com/
Year established	1995
Head of Institution	Mrs. R.Girija
Regions active	Andhra Pradesh, Karnataka, Maharashtra, Orissa, Tamil Nadu
# Branches	83

Total Portfolio (nat'l)	INR 892,862,262
Total Portfolio (USD)	USD 16,846,457.77
Active clients with loans	121,066
Approximate % female clients	100%
Approximate % urban clients	60% - 80%
Network affiliations	MFIN, SA-DHAN

Loan Products » Summary

Fortnightly

21,038 Borrowers

USD 3,072,558.17 Portfolio

Active Product

Weekly

94,660 Borrowers

USD 12,837,959.98 Portfolio

Active Product

Monthly JLG

Retired Product

Loan Products » Conditions

Product Name		Loan Size Range		Loan Term (months)		% Female		% Urban		Loan Purpose		Eligibility		Other Services
Fortnightly Loan		INR 5,000 - 30,000		12 - 24		100%		60% - 80%		Business, Education		Women, Have business, Low HH Inc, Med HH Inc, 3 Out of 5 members should have own house in a group, Age should be above 18 and upto 58		Credit Educ, Group Mtgs, Credit Ins, Business Training
Weekly JLG		INR 5,000 - 30,000		12 - 24		100%		80% - 100%		Business, Education		Women, Have business, Low HH Inc, Med HH Inc, 3 out of 5 members should have own house, Age should be above 18 and upto 58		Credit Educ, Group Mtgs, Credit Ins, Business Training, Product Linkages

Loan Products » MFIN India Additional Information

Product Name		APR (int)		MFIN MFI Earning (Annualised)		MFIN Cost to Borrower (Annualised)		COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD		COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES		COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM		MFIN Transparency Index
Fortnightly Loan		26.8% - 27.3%		29.1% - 29.6%		30.9% - 31.5%		Yes		Yes		Yes		93
Weekly JLG		25.8% - 26.6%		28% - 28.8%		29.8% - 30.6%		Yes		Yes		Yes		96

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Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
Fortnightly Loan		25.0%-26.7% annual, Decl Bal		1 Fee		1 Ins		12.36% fees		N/A		29.1% - 29.6%		30.9% - 31.5%		80
Weekly JLG		25.0%-26.7% annual, Decl Bal		1 Fee		1 Ins		12.36% fees		N/A		28% - 28.8%		29.8% - 30.6%		83

Institution Price Graph

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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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
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Std Dev

By Inst Type


By Country

	X Axis
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Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Additional Comments

Full Pricing Data

Enterprise Development samples

Enterprise Development Price Graphs

Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Institution Price Graph

Total Borrowers of Samples

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