2. FMFB
Please note that the information you are viewing is 132 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Ujjivan
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

The First MicroFinanceBank Ltd. 16th, 17th Floor, Habib Bank Ltd. Tower, Near China ChowkBlue AreaIslamabad, Federal44000
Data approved: 2013-07-25
Data version: 1
Age of data: 132 months

Institution

Ujjivan Financial Services Private Limited #93, Jakkasandra ExtensionSarjapur Main Cross Road, Koramangala 1st BlockBangalore, KarnatakaPO Box 56003
Data approved: 2012-12-18
Data version: 2
Age of data: 139 months
Choose version

Product

Livestock Finance (Short Term) Product 3 of 9 « Prev | Next »

Product

Business Loan Product 1 of 5 « Prev | Next »

Product Summary

Number borrowers33,590
Loan Amount (range)PKR 10,000 - 150,000
Loan Term (range)3 - 12
Other Services (text summary)Group Mtgs, Credit Ins
Annual Interest & Method26.0%-38.4% annual, Decl Bal
Fees230.00-980.00 upfront
InsuranceNone
Tax16.00% fees
Comp DepN/A
Range of pricing 
Interest Price Component4.0% - 41.0%
Fee Component0.4% - 8.6%
Insurance Component0
Tax Component Range0 - 0.9%
Full APR (int fee ins tax dep)27.8% - 40.6%
Transparency Index (min/max)0 - N/A
Transparency Index (average)N/A

Product Summary

688,874
INR 6,000 - 50,000
12 - 24
Credit Educ, Group Mtgs, Credit Ins, Financial Literacy Training, Life Insurance
24.0%-25.0% annual, Decl Bal
1.00% upfront
120.00-200.00 upfront
12.36% fees
N/A
 
23.3% - 26.9%
0 - 1.9%
0 - 6.8%
0 - 0.3%
26.7% - 28.2%
69 - 103
87

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 823,809,529
Portfolio (USD)USD 8,406,219.68
Active Clients with Loans33,590
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Financing Facility for Livestock raring, fattening (small animals) and productivity enhancement of large animals.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherSmall animal purchase, raring, fattening and productivity enhancement of large animals
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
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 institution6
# Regions for this product6
Regions ActiveAzad Kashmir, Balochistan, Gilgit-Baltistan, Khyber Pakhtunkwa, Punjab, Sindh

Product Details

Key Statistics
Outstanding portfolio (INR)INR 6,336,899,594
Portfolio (USD)USD 119,564,143.30
Active Clients with Loans688,874
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Business loan is targeted at the working capital or capital needs of small businesses, like flower and fruit vendors, Sari sellers etc. The loan could be used in either the member, her Spouse or Son's business.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
OtherFinancial Literacy Training
Other (2)Life Insurance
No other services
Eligibility
Men
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Household income <60,000 INR
Household income <120,000 INRx
Must live in rural area
Must lives in urban area
OtherCan be used for spouses/son's business
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution20
# Regions for this product20
Regions ActiveAssam, Bihar, Goa, Gujarat, HaryanaJharkhand, Karnataka, Kerala, Maharashtra, Meghalaya, OrissaPunjab, Rajasthan, Tamil Nadu, Uttar Pradesh, Uttarakhand, West Bengal, Chandigarh, National Capital Territory of Delhi, Puducherry

Loan Conditions

Loan Amount
CurrencyPKR
Minimum loan sizePKR 10,000
Maximum loan size150,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,0000
PKR 10,000-25,00080%
PKR 25,000-50,00010%
PKR 50,000-75,0005%
PKR 75,000-150,0005%
Greater than PKR 150,0005%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 6,000
Maximum loan size50,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,00080%
INR 15,000-25,00020%
INR 25,000-35,0000
INR 35,000-45,0000
Greater than INR 45,0000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term24.0 months
Approx average15.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months80%
Between 13 and 18 months20%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest26.00%
Highest quoted nominal interest38.40%
Reason(s) why interest rate variesBranch, Loan Repayment Type (bullet & Installment)
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionLoan Processing Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min230
Fixed amount - max980
Reason for variationFee applies on different loan slabs. Insurance fee is part of processing fee
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 forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees16%
All or some fees taxedSome

Pricing Information

Interest
Lowest quoted nominal interest24.00%
Highest quoted nominal interest25.00%
Reason(s) why interest rate variesTime as Client
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Life Insurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min120
Fixed amount - max200
Reason for variationInsurance cover customer & spouse for a year.
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees12.4%
All or some fees taxedSome

Full Pricing Data

Livestock Finance (Short Term) samples
Sample 1Sample 2Sample 3
Loan AmountPKR 30,000PKR 50,000PKR 70,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-08-232013-06-202013-09-30
Loan Term (Months)12.0 months12.0 months12.0 months
Grace Period (Months)0.2 months0.0 months0.2 months
Total Cost of CreditPKR 10,296PKR 11,719PKR 19,179
True Price by Comp     
Interest price component32.0%37.8%26.0%
Fee Component2.7%2.4%1.8%
Insurance Component0.0%0.0%0.0%
Tax Component0.4%0.4%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)35.1%40.6%27.8%
Transparency IndexN/AN/AN/A
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Business Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountINR 9,000INR 18,000INR 30,000INR 40,000INR 50,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2012-12-192012-12-192012-12-192013-04-182013-04-18
Loan Term (Months)13.0 months25.0 months25.0 months25.0 months25.0 months
Grace Period (Months)0.6 months1.1 months0.8 months0.8 months0.8 months
Total Cost of CreditINR 1,533.79INR 4,165INR 6,618.92INR 9,070.44INR 11,186.80
True Price by Comp         
Interest price component23.7%23.7%23.7%23.7%23.7%
Fee Component1.8%1.4%1.4%1.4%1.4%
Insurance Component2.4%2.4%1.5%2.1%1.7%
Tax Component0.3%0.2%0.1%0.2%0.2%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)28.2%27.7%26.7%27.4%27.0%
MFIN MFI Earning (Annualised)25.5%25.1%25.1%25.1%25.1%
MFIN Cost to Borrower (Annualised)28.2%27.7%26.7%27.4%27.0%
Transparency Index8587908889
MFIN Transparency Index100100100100100
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Livestock Finance (Short Term) Price Graphs


Click to view Price Analysis Tool
Business Loan Price Graphs


Click to view Price Analysis Tool
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
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

Total Borrowers of Samples

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