Number borrowers | 2,084 |
Loan Amount (range) | PKR 20,000 - 450,000 |
Loan Term (range) | 24 - 60 |
Other Services (text summary) | Credit Ins |
Annual Interest & Method | 19.0%-20.0% annual, Flat |
Fees | 2.00% upfront |
Insurance | None |
Tax | 16.00% fees |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 23.8% - 45.8% |
Fee Component | 2.1% - 7.8% |
Insurance Component | 0 |
Tax Component Range | 0.3% - 1.3% |
Full APR (int fee ins tax dep) | 34.2% |
Transparency Index (min/max) | 45 - 100 |
Transparency Index (average) | 56 |
233 |
USD 400 - 20,000 |
6 - 36 |
Credit Ins, Servicio de protección familiar en caso de fallecimiento del titular o conyuge, incapacidad total y permanente |
22.9%-26.9% annual, Decl Bal |
None |
None |
None |
N/A |
N/A |
27.3% (Int+Fee) |
0 - 14.3% |
0 |
27.3% |
0 - N/A |
84 |
Outstanding portfolio (PKR) | PKR 214,999,847 |
Portfolio (USD) | USD 2,111,298.50 |
Active Clients with Loans | 2,084 |
Approximate % Female Clients | 0 |
Approximate % Urban Clients | 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | x |
Consumer loan | x |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | x |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 5 |
# Regions for this product | 2 |
Regions Active | Punjab, Sindh |
Outstanding portfolio (USD) | USD 82,092.15 |
Portfolio (USD) | USD 82,092.15 |
Active Clients with Loans | 233 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
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 | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | Servicio de protección familiar en caso de fallecimiento del titular o conyuge |
Other (2) | incapacidad total y permanente |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | x |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | PKR |
Minimum loan size | PKR 20,000 |
Maximum loan size | 450,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 0 |
PKR 25,000-50,000 | 0 |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 80% |
Greater than PKR 150,000 | 80% |
Shortest loan term | 24.0 months |
Longest loan term | 60.0 months |
Approx average | 36.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 100% |
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 |
Currency | USD |
Minimum loan size | USD 400 |
Maximum loan size | 20,000 |
Shortest loan term | 6.0 months |
Longest loan term | 36.0 months |
Approx average | 11.0 months |
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 | 19.00% |
Highest quoted nominal interest | 20.00% |
Reason(s) why interest rate varies | Time as Client |
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 | 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 |
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? | Yes |
Percentage of fees | 16% |
All or some fees taxed | Some |
Lowest quoted nominal interest | 22.93% |
Highest quoted nominal interest | 26.92% |
Reason(s) why interest rate varies | Loan Size |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
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 76,000 | Generated | 2015-06-01 | 24.0 months | N/A | PKR 31,443.80 | 34.2% | 31.8% | 2.1% | 0.0% | 0.3% | 0.0% | 56 | - | |
PKR 80,000 | Generated | 2015-06-01 | 24.0 months | N/A | PKR 33,098.74 | 34.2% | 31.8% | 2.1% | 0.0% | 0.3% | 0.0% | 56 | - | |
PKR 100,000 | Generated | 2015-06-01 | 24.0 months | N/A | PKR 41,373.42 | 34.2% | 31.8% | 2.1% | 0.0% | 0.3% | 0.0% | 56 | - | |
PKR 110,000 | Generated | 2015-06-01 | 24.0 months | N/A | PKR 45,510.77 | 34.2% | 31.8% | 2.1% | 0.0% | 0.3% | 0.0% | 56 | - | |
PKR 120,000 | Generated | 2015-06-01 | 24.0 months | N/A | PKR 49,648.11 | 34.2% | 31.8% | 2.1% | 0.0% | 0.3% | 0.0% | 56 | - | |
PKR 140,000 | Generated | 2015-06-01 | 24.0 months | N/A | PKR 57,922.79 | 34.2% | 31.8% | 2.1% | 0.0% | 0.3% | 0.0% | 56 | - | |
PKR 160,000 | Generated | 2015-06-01 | 24.0 months | N/A | PKR 66,197.48 | 34.2% | 31.8% | 2.1% | 0.0% | 0.3% | 0.0% | 56 | - | |
PKR 300,000 | Generated | 2015-06-01 | 24.0 months | N/A | PKR 124,120.27 | 34.2% | 31.8% | 2.1% | 0.0% | 0.3% | 0.0% | 56 | - |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | USD 350 | USD 500 | USD 800 | USD 600 | USD 600 | USD 700 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2010-10-26 | 2010-10-08 | 2010-10-08 | 2010-10-15 | 2010-10-25 | 2010-10-07 | |||||
Loan Term (Months) | 6.0 months | 9.0 months | 12.0 months | 12.0 months | 12.0 months | 15.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||||
Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
True Price by Comp | |||||||||||
Interest and Fee Component | 27.3% | 27.3% | 27.3% | 27.3% | 27.3% | 27.3% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 27.3% | 27.3% | 27.3% | 27.3% | 27.3% | 27.3% | |||||
Transparency Index | 84 | 84 | 84 | 84 | 84 | 84 | |||||
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 |
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Greater than: | ||||||
Less or equal to: | ||||||
N (# of Samples) | ||||||
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Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
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Less or equal to: | ||||||
From 0 to | ||||||
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