Number borrowers | 19,720 |
Loan Amount (range) | PKR 10,000 - 50,000 |
Loan Term (range) | 12 |
Other Services (text summary) | Group Mtgs, Tech Asst Visits, Business Training, Other Training |
Annual Interest & Method | 20.0% annual, Flat |
Fees | 450.00 upfront |
Insurance | 150.00 upfront |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 19.8% - 26.2% |
Fee Component | 1.0% - 9.4% |
Insurance Component | 0.4% - 3.2% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 21.2% - 26.6% |
Transparency Index (min/max) | 72 - 100 |
Transparency Index (average) | 87 |
148 |
USD 500 - 1,000 |
2 - 14 |
14.0%-17.0% annual, Decl Bal |
None |
None |
None |
N/A |
N/A |
17.0% (Int+Fee) |
0 |
0 |
17.0% |
0 - N/A |
82 |
Outstanding portfolio (PKR) | PKR 240,923,687 |
Portfolio (USD) | USD 2,365,870.61 |
Active Clients with Loans | 19,720 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 100% |
Individual | |
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 | x |
Credit insurance | |
Workplace visits | x |
Business training | x |
Other training | x |
Other | |
Other (2) | |
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 | |
Other | |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | 1 |
Regions Active | Sindh |
Outstanding portfolio (USD) | USD 97,371 |
Portfolio (USD) | USD 97,371 |
Active Clients with Loans | 148 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 60% - 80% |
Individual | x |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | x |
Income generation | |
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 | 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) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | PKR |
Minimum loan size | PKR 10,000 |
Maximum loan size | 50,000 |
Loans less than PKR 10,000 | 20% |
PKR 10,000-25,000 | 70% |
PKR 25,000-50,000 | 10% |
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 | 0.3 months |
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 |
Currency | USD |
Minimum loan size | USD 500 |
Maximum loan size | 1,000 |
Shortest loan term | 2.0 months |
Longest loan term | 14.0 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 | x |
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 | Processing fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 450 |
Fixed amount - max | 450 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Credit Insurance |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 150 |
Fixed amount - max | 150 |
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 |
Lowest quoted nominal interest | 14.00% |
Highest quoted nominal interest | 17.00% |
Reason(s) why interest rate varies | Por la fuente de pago |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | 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 10,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 2,605.48 | 26.6% | 19.8% | 5.1% | 1.7% | 0.0% | 0.0% | 75 | - | |
PKR 12,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 3,006.58 | 25.4% | 19.8% | 4.2% | 1.4% | 0.0% | 0.0% | 79 | - | |
PKR 15,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 3,608.22 | 24.3% | 19.8% | 3.4% | 1.1% | 0.0% | 0.0% | 82 | - | |
PKR 20,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 4,610.96 | 23.2% | 19.8% | 2.5% | 0.9% | 0.0% | 0.0% | 86 | - | |
PKR 30,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 6,616.44 | 22.0% | 19.8% | 1.7% | 0.5% | 0.0% | 0.0% | 91 | - | |
PKR 42,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 9,023.01 | 21.4% | 19.8% | 1.2% | 0.4% | 0.0% | 0.0% | 93 | - | |
PKR 50,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 10,627.40 | 21.2% | 19.8% | 1.0% | 0.4% | 0.0% | 0.0% | 95 | - | |
PKR 35,000 | Generated | 2015-05-01 | 12.0 months | N/A | PKR 7,580.82 | 21.7% | 19.8% | 1.5% | 0.4% | 0.0% | 0.0% | 100 | - |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | USD 1,000 | USD 1,000 | USD 1,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2010-06-14 | 2010-05-06 | 2010-05-21 | ||
Loan Term (Months) | 10.0 months | 10.0 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 | 17.0% | 17.0% | 17.0% | ||
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) | 17.0% | 17.0% | 17.0% | ||
Transparency Index | 82 | 83 | 82 | ||
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 |
---|---|---|---|---|---|---|---|
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
N (# of Samples) | ||||||
Total Borrrowers of Samples | ||||||
Avg | ||||||
Min | ||||||
Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |