Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.safcosupport.org |
Year established | 2009 |
Head of Institution | Syed Sajjad Ali Shah |
Regions active | Sindh |
# Branches | 31 |
Total Portfolio (nat'l) | PKR 486,359,898 |
Total Portfolio (USD) | USD 4,776,054.20 |
Active clients with loans | 46,044 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 40% - 60% |
Network affiliations | Pakistan Microfinance Network (PMN), South Asian Microfinanace Network (SAMN), Sindh Microfinance Network (SMN), Banking With The Poor (BWTP) |
Funders | Pakistan Poverty Alleviation Fund (PPAF), Habib Bank Limited (HBL), MCB Bank Limited, JS Bank Limited |
Institution Type | Credit Union / Cooperative |
Is this institution regulated? | No |
Website address | N/A |
Year established | 1994 |
Head of Institution | Fredy Yugcha Toala |
Regions active | |
# Branches | 3 |
Total Portfolio (nat'l) | USD 8,513,791 |
Total Portfolio (USD) | USD 8,513,791 |
Active clients with loans | 3,278 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 60% - 80% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | PKR 3,000 - 50,000 | 3 - 6 | 40% - 60% | 40% - 60% | Agriculture | Women, Men | Business Training, Refund of principle amount in case of death | |||||||
Enterprise Loan | PKR 3,000 - 50,000 | 12 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Tech Asst Visits, Business Training, Refund of principle amount in case of death | |||||||
Live Stock Loan | PKR 3,000 - 50,000 | 12 | 40% - 60% | 40% - 60% | Business | Women, Men | Tech Asst Visits, Business Training, Refund of principle amount in case of death |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumo | USD 100 - 30,000 | 6 - 36 | 40% - 60% | 60% - 80% | Any Purpose | Women, Men, Salaried worker | ||||||||
Credi Grupo | USD 200 - 800 | 6 - 10 | 60% - 80% | 20% - 40% | Any Purpose | Women, Men | ||||||||
Microcrédito Avanzar | USD 3,001 - 10,000 | 6 - 36 | 80% - 100% | 60% - 80% | Business | Women, Men, Have business | ||||||||
Microcrédito Fácil | USD 100 - 5,000 | 1 | 40% - 60% | 80% - 100% | Business, Other | Women, Men, Have business | ||||||||
Microcrédito Nacer | USD 100 - 3,000 | 6 - 18 | 80% - 100% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Tech Asst Visits |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | 22.0% annual, Flat | 2 Fees | 0 Ins | None | N/A | 29.2% | 29.2% | 75 | ||||||||
Enterprise Loan | 22.0% annual, Flat | 2 Fees | 0 Ins | None | N/A | 45% | 45% | 49 | ||||||||
Live Stock Loan | 22.0% annual, Flat | 2 Fees | 0 Ins | None | N/A | 44.9% - 53% | 44.9% - 53% | 47 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumo | 14.4% annual, Decl Bal | 1 Fee | 0 Ins | None | 5.00 ongoing | 14% - 14.6% | 15.3% - 16.1% | 91 | ||||||||
Credi Grupo | 23.2% annual, Decl Bal | 1 Fee | 0 Ins | None | 10.00% ongoing | 23.6% | 26.2% | 89 | ||||||||
Microcrédito Avanzar | 19.6% annual, Decl Bal | 1 Fee | 0 Ins | None | 5.00 ongoing | 19.6% - 20.4% | 20.9% - 21.8% | 92 | ||||||||
Microcrédito Fácil | 20.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 20.3% | 20.3% | 99 | ||||||||
Microcrédito Nacer | 20.9% annual, Decl Bal | 1 Fee | 0 Ins | None | 5.00 ongoing | 21.1% - 21.2% | 22.7% - 23.1% | 91 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | 22.0% annual, Flat | 2 Fees | 0 Ins Ins | None | N/A | 29.2% | 29.2% | 75 | ||||||||
Enterprise Loan | 22.0% annual, Flat | 2 Fees | 0 Ins Ins | None | N/A | 45% | 45% | 49 | ||||||||
Live Stock Loan | 22.0% annual, Flat | 2 Fees | 0 Ins Ins | None | N/A | 44.9% - 53% | 44.9% - 53% | 47 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumo | 14.4% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 5.00 ongoing | 14% - 14.6% | 15.3% - 16.1% | 91 | ||||||||
Credi Grupo | 23.2% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 10.00% ongoing | 23.6% | 26.2% | 89 | ||||||||
Microcrédito Avanzar | 19.6% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 5.00 ongoing | 19.6% - 20.4% | 20.9% - 21.8% | 92 | ||||||||
Microcrédito Fácil | 20.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | 20.3% | 20.3% | 99 | ||||||||
Microcrédito Nacer | 20.9% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 5.00 ongoing | 21.1% - 21.2% | 22.7% - 23.1% | 91 |
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