| Outstanding portfolio (PKR) | PKR 158,272,917 |
| Portfolio (USD) | USD 1,554,240.05 |
| Active Clients with Loans | 8,264 |
| Approximate % Female Clients | 0% - 20% |
| Approximate % Urban Clients | 0 |
| Individual | |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | x |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | |
| 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 | 1 |
| # Regions for this product | 1 |
| Regions Active | Sindh |
| Currency | PKR |
| Minimum loan size | PKR 5,000 |
| Maximum loan size | 40,000 |
| Loans less than PKR 10,000 | 0 |
| PKR 10,000-25,000 | 20% |
| PKR 25,000-50,000 | 80% |
| PKR 50,000-75,000 | 0 |
| PKR 75,000-150,000 | 0 |
| Greater than PKR 150,000 | 0 |
| Shortest loan term | 4.0 months |
| Longest loan term | 8.0 months |
| Approx average | DK |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 90% |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 0 |
| 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 | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | x |
| 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 | 2015-05-01 | 5.9 months | N/A | PKR 1,212.67 | 24.0% | 17.2% | 4.1% | 2.7% | 0.0% | 0.0% | 75 | - | |
| PKR 20,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 2,300.34 | 22.6% | 17.2% | 4.1% | 1.3% | 0.0% | 0.0% | 79 | - | |
| PKR 25,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 2,844.18 | 22.4% | 17.2% | 4.1% | 1.1% | 0.0% | 0.0% | 80 | - | |
| PKR 28,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 3,170.48 | 22.3% | 17.2% | 4.1% | 1.0% | 0.0% | 0.0% | 81 | - | |
| PKR 32,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 3,605.55 | 22.2% | 17.2% | 4.1% | 0.9% | 0.0% | 0.0% | 81 | - | |
| PKR 35,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 3,931.85 | 22.1% | 17.2% | 4.1% | 0.8% | 0.0% | 0.0% | 81 | - | |
| PKR 38,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 4,258.15 | 22.0% | 17.2% | 4.1% | 0.7% | 0.0% | 0.0% | 82 | - | |
| PKR 40,000 | Generated | 2015-05-01 | 7.9 months | N/A | PKR 5,659.25 | 20.6% | 17.0% | 3.1% | 0.5% | 0.0% | 0.0% | 87 | - | |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1993 |
| Head of Institution | Patson Kuntambila |
| Regions active | Dedza, Dowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Ntcheu, Ntchisi, Salima, ChitipaKaronga, Likoma, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, Chiradzulu, MachingaMangochi, Mulanje |
| # Branches | 147 |
| Total Portfolio (nat'l) | MWK 185 |
| Total Portfolio (USD) | USD 0.47 |
| Active clients with loans | 1,772 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | MMFN, Micro Credit Summit |
| Funders |
| 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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