2. TMFB
Please note that the information you are viewing is 115 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Tameer Microfinance Bank A-15, Block 7/8 KCHS Union, Karachi 75350, PakistanKarachi75350
Data approved: 2015-04-15
Data version: 2
Age of data: 115 months
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Product

Group Loan Product 4 of 7 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 1,015,610,286
Portfolio (USD)USD 9,973,293.01
Active Clients with Loans67,453
Approximate % Female Clients60% - 80%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
It is a lending practice where small groups borrow collectively and group members encourage one another to repay. Also known as solidarity lending.
Loan Purpose
Any purpose
Income generationx
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 servicesx
Eligibility
Menx
Womenx
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 institution5
# Regions for this product4
Regions ActiveBalochistan, Khyber Pakhtunkwa, Punjab, Sindh

Loan Conditions

Loan Amount
CurrencyPKR
Minimum loan sizePKR 15,000
Maximum loan size25,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,0000
PKR 10,000-25,000100%
PKR 25,000-50,0000
PKR 50,000-75,0000
PKR 75,000-150,0000
Greater than PKR 150,0000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term36.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest22.00%
Highest quoted nominal interest22.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
Descriptionprocessing fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min450
Fixed amount - max450
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaMandatory Savings deduct for all Group Loan customers
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited5.00% - 10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees16%
All or some fees taxedSome

Full Pricing Data

Group Loan 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
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
PKR 15,000 Generated 2015-06-01 12.0 months N/A PKR 3,831.04 47.3% 36.7% 5.9% 0.0% 0.9% 3.8% 47 - PDF
PKR 18,000 Generated 2015-06-01 12.0 months N/A PKR 4,492.85 46.1% 36.7% 4.9% 0.0% 0.8% 3.7% 48 - PDF
PKR 20,000 Generated 2015-06-01 12.0 months N/A PKR 4,934.05 45.4% 36.7% 4.4% 0.0% 0.7% 3.6% 48 - PDF
PKR 21,000 Generated 2015-06-01 12.0 months N/A PKR 5,154.66 45.2% 36.7% 4.2% 0.0% 0.6% 3.7% 49 - PDF
PKR 22,000 Generated 2015-06-01 12.0 months N/A PKR 5,375.26 49.1% 36.7% 4.0% 0.0% 0.6% 7.8% 45 - PDF
PKR 23,000 Generated 2015-06-01 12.0 months N/A PKR 5,595.86 44.7% 36.7% 3.8% 0.0% 0.6% 3.6% 49 - PDF
PKR 24,000 Generated 2015-06-01 12.0 months N/A PKR 5,816.47 48.7% 36.7% 3.7% 0.0% 0.5% 7.8% 45 - PDF
PKR 25,000 Generated 2015-06-01 12.0 months N/A PKR 6,037.07 48.5% 36.7% 3.5% 0.0% 0.6% 7.7% 45 - PDF
Group Loan Price Graphs


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  2. COAC LaBenefica
Please note that the information you are viewing is 172 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Cooperativa de Ahorro y Credito la Benefica La Concordia Santo DomingoEl Carmen, Manabi
Data approved: 2010-11-08
Data version: 1
Age of data: 172 months

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?No
Website addressN/A
Year established1994
Head of InstitutionFredy Yugcha Toala
Regions active
# Branches3

Total Portfolio (nat'l)USD 8,513,791
Total Portfolio (USD)USD 8,513,791
Active clients with loans3,278
Approximate % female clients40% - 60%
Approximate % urban clients60% - 80%
Network affiliations
Funders

Loan Products » Summary

Consumo
1,478 Borrowers
USD 3,555,876 Portfolio
Active Product
Grupo
140 Borrowers
USD 446,596 Portfolio
Active Product
Avanzar
241 Borrowers
USD 1,252,680 Portfolio
Active Product
Facil
85 Borrowers
USD 1,951,574 Portfolio
Active Product
Nacer
566 Borrowers
USD 752,882 Portfolio
Active Product
Plus
22 Borrowers
USD 522,903 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

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

Loan Products » Pricing Information

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
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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