Tameer Microfinance Bank - Group Loan - 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

Tameer Microfinance Bank A-15, Block 7/8 KCHS Union, Karachi 75350, PakistanKarachi75350

Data approved: 2015-04-15

Data version: 2

Age of data: 113 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (PKR)	PKR 1,015,610,286
Portfolio (USD)	USD 9,973,293.01
Active Clients with Loans	67,453
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	60% - 80%

Methodology

Individual
Solidarity group	x
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 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	5
# Regions for this product	4
Regions Active	Balochistan, Khyber Pakhtunkwa, Punjab, Sindh

Loan Conditions

Loan Amount

Currency	PKR
Minimum loan size	PKR 15,000
Maximum loan size	25,000

Distribution at Disbursement (Est.)

Loans less than PKR 10,000	0
PKR 10,000-25,000	100%
PKR 25,000-50,000	0
PKR 50,000-75,000	0
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	36.0 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	x
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	22.00%
Highest quoted nominal interest	22.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	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

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 for	All
Criteria	Mandatory 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 deposited	5.00% - 10.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	Yes
Percentage of fees	16%
All or some fees taxed	Some

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
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 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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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

Equitas 4th Floor, Temple Tower, 672 Anna Salai, NandanamChennai, Tamil Nadu600035

Data approved: 2011-01-05

Data version: 1

Age of data: - months

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Institution Details

Institution Type	Private 'For-Profit'
Is this institution regulated?	N/A
Website address	N/A
Year established	2007
Head of Institution	PN Vasudevan
Regions active	0
# Branches	200

Total Portfolio (nat'l)	INR 7,037,928,578
Total Portfolio (USD)	USD 156,398,412.80
Active clients with loans	880,000
Approximate % female clients	80% - 100%
Approximate % urban clients	80% - 100%
Network affiliations

Loan Products » Summary

Additional Micro Credit - Upcountry

50,591 Borrowers

USD 2,282,825 Portfolio

Active Product

Additional Micro credit -Metro

37,675 Borrowers

USD 1,380,675 Portfolio

Active Product

Additional Micro-Credit

94,472 Borrowers

USD 2,842,053 Portfolio

Active Product

Gurukul Loan

81 Borrowers

USD 6,139 Portfolio

Active Product

Primary Loans - Metro

33,216 Borrowers

USD 40,847,585 Portfolio

Active Product

Primary loans - Rural

22,518 Borrowers

USD 4,897,557 Portfolio

Active Product

Primary Loans - Upcountry

645,050 Borrowers

USD 98,593,250 Portfolio

Active Product

Primary Loans

1,321,784 Borrowers

USD 186,370,484 Portfolio

Active Product

Second cycle loan - Metro

13,532 Borrowers

USD 4,041,455 Portfolio

Active Product

Second Cycle Loan - Upcountry

1,959 Borrowers

USD 643,923 Portfolio

Active Product

2nd Cycle

74,194 Borrowers

USD 20,144,662 Portfolio

Active Product

Shiksha Loan

1,423 Borrowers

USD 20,212 Portfolio

Active Product

3rd Cycle

0 Borrowers

Portfolio

Active Product

Vidya loan - Metro

12,093 Borrowers

USD 624,206 Portfolio

Active Product

Vidya loan - Upcountry

50,784 Borrowers

USD 3,086,936 Portfolio

Active Product

Vidya Loan

98,753 Borrowers

USD 3,225,319 Portfolio

Active Product

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Additional Micro Credit - Upcountry	INR 3,000 - 3,000	12	80% - 100%	80% - 100%	Business	Women, Have business	Credit Educ, Group Mtgs, Credit Ins
Additional Micro credit -Metro	INR 3,000 - 3,000	12	80% - 100%	80% - 100%	Business	Women, Have business	Credit Educ, Group Mtgs, Credit Ins
Additional Micro-Credit	INR 3,000 - 3,000	6 - 9	80% - 100%	80% - 100%	Business	Women, Have business	Credit Educ, Group Mtgs, Credit Ins
Gurukul Loan	INR 3,035 - 6,000	12	80% - 100%	80% - 100%	Education	Women, Have business, if the business is run by the client's husband; and the client has an active role in the day-to-day	Group Mtgs
Primary Loans - Metro	INR 10,100 - 15,000	23 - 24	80% - 100%	80% - 100%	Business	Women, Have business, either client runs business or husband runs busines	Credit Educ, Group Mtgs, Credit Ins
Primary loans - Rural	INR 10,100 - 15,000	23 - 24	80% - 100%	0% - 20%	Business	Women, Have business, Either client runs business or husband runs business	Credit Educ, Group Mtgs, Credit Ins
Primary Loans - Upcountry	INR 10,100 - 15,000	23 - 24	80% - 100%	80% - 100%	Business	Women, Have business, Either client runs business or husband runs business	Credit Educ, Group Mtgs, Credit Ins
Primary Loans	INR 10,100 - 12,000	24	80% - 100%	80% - 100%	Business	Women, Have business, either client runs business or husband runs business and the client has an active role	Credit Educ, Group Mtgs, Credit Ins
Second cycle loan - Metro	INR 10,100 - 17,500	18 - 24	80% - 100%	80% - 100%	Business	Women, Have business	Credit Educ, Group Mtgs, Credit Ins
Second Cycle Loan - Upcountry	INR 10,100 - 17,500	18 - 24	80% - 100%	80% - 100%	Business	Women, Have business	Credit Educ, Group Mtgs, Credit Ins
Second Cycle Loan	INR 10,100 - 17,500	18 - 24	80% - 100%	80% - 100%	Business	Women, Have business	Credit Educ, Group Mtgs, Credit Ins
Shiksha Loan	INR 750 - 5,000	12	80% - 100%	80% - 100%	Education	Women, Have business, if the business is run by the client's husband; and the client has an active role in the day-to-day
Third Cycle Loan	INR 10,100 - 15,000	24	80% - 100%	0%	Business	Women, Have business	Credit Educ, Group Mtgs
Vidya loan - Metro	INR 3,000 - 3,000	12	80% - 100%	80% - 100%	Education	Women, Have business	Credit Educ, Group Mtgs, Credit Ins
Vidya loan - Upcountry	INR 3,000 - 3,000	12	80% - 100%	80% - 100%	Education	Women, Have business	Group Mtgs, Credit Ins
Vidya Loan	INR 3,000 - 3,000	12	80% - 100%	80% - 100%	Education	Women, Have business	Credit Educ, Group Mtgs, Credit Ins

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	MFIN Transparency Index
Additional Micro Credit - Upcountry	0%	25.7%	26.5%	N/A
Additional Micro credit -Metro	0%	0%	0%	N/A
Additional Micro-Credit	0%	0%	0%	N/A
Gurukul Loan	0%	20.1% - 21.2%	20.1% - 21.2%	N/A
Primary Loans - Metro	0%	0%	0%	N/A
Primary loans - Rural	0%	28.5%	29.4%	N/A
Primary Loans - Upcountry	0%	27.5%	28.4%	N/A
Primary Loans	0%	0%	0%	N/A
Second cycle loan - Metro	0%	0%	0%	N/A
Second Cycle Loan - Upcountry	0%	27.5%	28.4%	N/A
Second Cycle Loan	0%	0%	0%	N/A
Shiksha Loan	0%	20.9% - 22%	20.9% - 22%	N/A
Third Cycle Loan	0%	0%	0%	N/A
Vidya loan - Metro	0%	24.5%	25.3%	N/A
Vidya loan - Upcountry	0%	25.7%	26.5%	N/A
Vidya Loan	0%	0%	0%	N/A

*Please click here for more information

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Additional Micro Credit - Upcountry	25.5% annual, Decl Bal	1 Fee	0 Ins	None	N/A	25.7%	26.5%	96
Additional Micro credit -Metro	24.5% annual, Decl Bal	1 Fee	0 Ins	None	N/A	0%	0%	N/A
Additional Micro-Credit	25.3%-26.3% annual, Decl Bal	0 Fees	0 Ins	None	N/A	0%	0%	N/A
Gurukul Loan	21.0% annual, Decl Bal	0 Fees	0 Ins	None	N/A	20.1% - 21.2%	20.1% - 21.2%	N/A
Primary Loans - Metro	26.5%-28.3% annual, Decl Bal	1 Fee	0 Ins	None	N/A	0%	0%	N/A
Primary loans - Rural	28.5%-30.2% annual, Decl Bal	1 Fee	0 Ins	None	N/A	28.5%	29.4%	97
Primary Loans - Upcountry	27.5%-29.2% annual, Decl Bal	2 Fees	0 Ins	None	N/A	27.5%	28.4%	97
Primary Loans	26.0% annual, Decl Bal	1 Fee	0 Ins	None	N/A	0%	0%	N/A
Second cycle loan - Metro	26.5% annual, Decl Bal	1 Fee	0 Ins	None	N/A	0%	0%	N/A
Second Cycle Loan - Upcountry	27.5% annual, Decl Bal	1 Fee	0 Ins	None	N/A	27.5%	28.4%	97
Second Cycle Loan	26.0% annual, Decl Bal	2 Fees	0 Ins	None	N/A	0%	0%	N/A
Shiksha Loan	21.0% annual, Decl Bal	0 Fees	0 Ins	None	N/A	20.9% - 22%	20.9% - 22%	N/A
Third Cycle Loan	25.4% annual, Decl Bal	1 Fee	1 Ins	None	N/A	0%	0%	N/A
Vidya loan - Metro	24.5% annual, Decl Bal	2 Fees	0 Ins	None	N/A	24.5%	25.3%	N/A
Vidya loan - Upcountry	25.5% annual, Decl Bal	1 Fee	0 Ins	None	N/A	25.7%	26.5%	96
Vidya Loan	24.5%-26.5% annual, Decl Bal	2 Fees	0 Ins	None	N/A	0%	0%	N/A

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
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
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	to ∞

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

Full Pricing Data

Group Loan samples

Group Loan 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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