Number borrowers | 8,264 |
Loan Amount (range) | PKR 5,000 - 40,000 |
Loan Term (range) | 4 - 8 |
Other Services (text summary) | Credit Educ |
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) | 20.6% - 24.0% |
Transparency Index (min/max) | 48 - 95 |
Transparency Index (average) | 80 |
1,331 |
RWF 250,000 - 60,000,000 |
8 - 60 |
Business Training |
10.0%-20.0% annual, Decl Bal |
1.00%-2.00% upfront |
1.00% upfront |
18.00% fees |
N/A |
18.3% - 49.1% |
1.5% - 8.1% |
0 - 1.1% |
0 - 1.6% |
22.1% - 24.5% |
30 - 81 |
43 |
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 |
Outstanding portfolio (RWF) | RWF 3,170,097,119 |
Portfolio (USD) | USD 4,953,276.75 |
Active Clients with Loans | 1,331 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 20% - 40% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | x |
Consumer loan | x |
Agriculture | x |
Education | x |
Other household finance | |
Other | |
Other (2) |
Credit education | |
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 | |
Other (2) |
# Regions for this institution | 30 |
# Regions for this product | 15 |
Regions Active | Bugesera, Gasabo, Gicumbi, Huye, Kicukiro, Kirehe, Muhanga, Musanze, Ngoma, Nyabihu, Nyanza, Nyarugenge, Rubavu, Ruhango, Rwamagana |
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 |
Currency | RWF |
Minimum loan size | RWF 250,000 |
Maximum loan size | 60,000,000 |
Loans less than RWF 500,000 | 5% |
RWF 500,000-1,500,000 | 15% |
RWF 1,500,000-2,500,000 | 10% |
RWF 2,500,000-3,500,000 | 10% |
RWF 3,500,000-4,500,000 | 5% |
Greater than RWF 4,500,000 | 5% |
Shortest loan term | 8.0 months |
Longest loan term | 60.0 months |
Approx average | 13.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 30% |
Between 10 and 12 months | 10% |
Between 13 and 18 months | 10% |
Longer than 18 months | 50% |
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 | 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 |
Lowest quoted nominal interest | 10.00% |
Highest quoted nominal interest | 20.00% |
Reason(s) why interest rate varies | Loan Purpose |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Loan Processing Fee |
% of loan amount - min | 1.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Excluding VAT |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Life and Fire Insurance Fees |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Loans <10M pay 1%, loans >10M pay matrix fee |
Appears on Repayment Sched? | No |
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 | 18% |
All or some fees taxed | All |
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 | - |
Sample 1 | Sample 2 | ||
---|---|---|---|
Loan Amount | RWF 5,000,000 | RWF 15,000,000 | |
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | |
Disbursement Date | 2014-08-04 | 2014-08-28 | |
Loan Term (Months) | 24.0 months | 37.0 months | |
Grace Period (Months) | 0.0 months | 0.0 months | |
Total Cost of Credit | RWF 1,343,277 | RWF 5,535,081 | |
True Price by Comp | |||
Interest price component | 20.8% | 19.8% | |
Fee Component | 2.1% | 1.5% | |
Insurance Component | 1.1% | 0.4% | |
Tax Component | 0.5% | 0.4% | |
Deposit Component | 0.0% | 0.0% | |
Full APR (int fee ins tax dep) | 24.5% | 22.1% | |
Transparency Index | 41 | 45 | |
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 |
---|---|---|---|---|---|---|---|
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 | ||||||
to | ||||||
to ∞ |