| Number borrowers | 37,817 |
| Loan Amount (range) | PKR 5,000 - 70,000 |
| Loan Term (range) | 6 - 12 |
| Other Services (text summary) | Credit Educ, Business Training |
| Annual Interest & Method | 18.0% annual, Flat |
| Fees | 2.00% upfront |
| Insurance | 125.00 upfront |
| Tax | None |
| Comp Dep | N/A |
| Range of pricing | |
| Interest Price Component | 16.6% - 31.2% |
| Fee Component | 2.0% - 7.5% |
| Insurance Component | 0.3% - 2.7% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 18.9% - 21.8% |
| Transparency Index (min/max) | 48 - 95 |
| Transparency Index (average) | 91 |
| Outstanding portfolio (PKR) | PKR 613,733,322 |
| Portfolio (USD) | USD 6,026,861.22 |
| Active Clients with Loans | 37,817 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | Livestock |
| Other (2) |
| Credit education | x |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | x |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| 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 | must have livestock or want to purchase livestock |
| Other (2) |
| # Regions for this institution | 1 |
| # Regions for this product | 1 |
| Regions Active | Sindh |
| Currency | PKR |
| Minimum loan size | PKR 5,000 |
| Maximum loan size | 70,000 |
| Loans less than PKR 10,000 | 0 |
| PKR 10,000-25,000 | 70% |
| PKR 25,000-50,000 | 20% |
| PKR 50,000-75,000 | 10% |
| PKR 75,000-150,000 | 0 |
| Greater than PKR 150,000 | 0 |
| Shortest loan term | 6.0 months |
| Longest loan term | 12.0 months |
| Approx average | DK |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 10% |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 80% |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 100% |
| Average grace period | 0.3 months |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | x |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 18.00% |
| Highest quoted nominal interest | 18.00% |
| 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 | Documentation 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 |
| Ins 1 | |
|---|---|
| Description | Health and Accidental Insurance |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 125 |
| Fixed amount - max | 125 |
| 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 |
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 | 11.8 months | N/A | PKR 2,100.34 | 19.9% | 16.6% | 2.0% | 1.3% | 0.0% | 0.0% | 90 | - | |
| PKR 13,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 2,692.95 | 19.6% | 16.6% | 2.0% | 1.0% | 0.0% | 0.0% | 92 | - | |
| PKR 15,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 3,088.01 | 19.5% | 16.6% | 2.0% | 0.9% | 0.0% | 0.0% | 92 | - | |
| PKR 18,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 3,680.62 | 19.3% | 16.6% | 2.0% | 0.7% | 0.0% | 0.0% | 93 | - | |
| PKR 23,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 4,668.29 | 19.2% | 16.6% | 2.0% | 0.6% | 0.0% | 0.0% | 94 | - | |
| PKR 30,000 | Generated | 2015-06-01 | 8.9 months | N/A | PKR 4,719.52 | 20.2% | 16.9% | 2.7% | 0.6% | 0.0% | 0.0% | 89 | - | |
| PKR 45,000 | Generated | 2015-06-01 | 11.8 months | N/A | PKR 9,014.04 | 18.9% | 16.6% | 2.0% | 0.3% | 0.0% | 0.0% | 95 | - | |
| PKR 60,000 | Generated | 2015-06-01 | 5.9 months | N/A | PKR 6,651.03 | 21.8% | 17.2% | 4.1% | 0.5% | 0.0% | 0.0% | 83 | - | |
| Key Statistics | |
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| Loan Portfolio (USD) | |
| % Products using declining balance | |
| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
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