Outstanding portfolio (PKR) | PKR 309,952,132 |
Portfolio (USD) | USD 3,043,729.94 |
Active Clients with Loans | 18,936 |
Approximate % Female Clients | 100% |
Approximate % Urban Clients | 20% - 40% |
Individual | |
Solidarity group | x |
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 | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | |
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) |
# Regions for this institution | 2 |
# Regions for this product | 1 |
Regions Active | Punjab |
Currency | PKR |
Minimum loan size | PKR 20,000 |
Maximum loan size | 50,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 60% |
PKR 25,000-50,000 | 40% |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 0 |
Greater than PKR 150,000 | 0 |
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 |
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 | Loan 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 |
Ins 1 | |
---|---|
Description | Credit Life Insurance |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 150 |
Fixed amount - max | 300 |
Reason for variation | 20k: 150, 21k-25k: 180, 26k-30k:200, 31k-35k:230, 36k-40k:250, 41k-50k:300 |
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 20,000 | Real | 2015-04-30 | 11.8 months | N/A | PKR 4,550 | 41.7% | 36.0% | 4.1% | 1.6% | 0.0% | 0.0% | 48 | ||
PKR 20,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 4,539.04 | 40.1% | 34.6% | 4.0% | 1.5% | 0.0% | 0.0% | 50 | - | |
PKR 25,000 | Real | 2015-04-29 | 11.8 months | N/A | PKR 5,680 | 41.4% | 35.8% | 4.1% | 1.5% | 0.0% | 0.0% | 48 | ||
PKR 22,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 5,007.95 | 40.2% | 34.6% | 4.0% | 1.6% | 0.0% | 0.0% | 50 | - | |
PKR 23,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 5,227.40 | 40.1% | 34.6% | 4.0% | 1.5% | 0.0% | 0.0% | 50 | - | |
PKR 24,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 5,446.85 | 40.1% | 34.6% | 4.0% | 1.5% | 0.0% | 0.0% | 50 | - | |
PKR 25,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 5,666.30 | 40.0% | 34.6% | 4.0% | 1.4% | 0.0% | 0.0% | 50 | - | |
PKR 29,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 6,564.11 | 40.0% | 34.6% | 4.0% | 1.4% | 0.0% | 0.0% | 50 | - | |
PKR 35,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 7,910.82 | 39.9% | 34.6% | 4.0% | 1.3% | 0.0% | 0.0% | 50 | - | |
PKR 49,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 11,053.15 | 39.8% | 34.6% | 4.0% | 1.2% | 0.0% | 0.0% | 50 | - |
Institution Type | Credit Union / Cooperative |
Is this institution regulated? | Yes |
Website address | http://[email protected] |
Year established | 2002 |
Head of Institution | Pascal Simbizi Manzi |
Regions active | Kicukiro |
# Branches | 0 |
Total Portfolio (nat'l) | RWF 78,400,272 |
Total Portfolio (USD) | USD 124,444.88 |
Active clients with loans | 253 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 80% - 100% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | RWF 100,000 - 600,000 | 6 - 12 | 40% - 60% | 60% - 80% | Business, Housing, Consumer, Education | Women, Men | Credit Educ, Group Mtgs, Tech Asst Visits | |||||||
Individual Loan | RWF 100,000 - 1,600,000 | 1 - 24 | 40% - 60% | 80% - 100% | Business, Housing, Consumer, Education | Women, Men, Have business, Must own a guarantee | Credit Educ, Credit Ins, Tech Asst Visits, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | 24.00% annual, Flat | 2 Fees | 0 Ins | None | 10.00% upfront | 46.9% - 49% | 55.9% - 58.5% | 42 | ||||||||
Individual Loan | 24.00% annual, Flat | 2 Fees | 0 Ins | None | 10.00% upfront | 46.8% - 49.9% | 55.8% - 59.5% | 42 |
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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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