Number borrowers | 3,982 |
Loan Amount (range) | PKR 10,000 - 75,000 |
Loan Term (range) | 8 - 15 |
Other Services (text summary) | |
Annual Interest & Method | 22.0% annual, Flat |
Fees | 1,000.00 upfront |
Insurance | None |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 37.7% - 45.1% |
Fee Component | 2.7% - 14.7% |
Insurance Component | 0 |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 40.5% - 53.2% |
Transparency Index (min/max) | 41 - 54 |
Transparency Index (average) | 48 |
1,750 |
RWF 100,000 - 2,500,000 |
6 - 8 |
Group Mtgs, Tech Asst Visits, Business Training, Other Training |
24.00% annual, Flat |
1.00% upfront |
None |
18.00% fees |
20.00% upfront |
26.1% - 45.7% |
1.1% - 4.1% |
0 - 0.4% |
0.3% - 0.8% |
78.9% - 85.4% |
28 - 54 |
29 |
Outstanding portfolio (PKR) | PKR 95,012,510 |
Portfolio (USD) | USD 933,022.85 |
Active Clients with Loans | 3,982 |
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 | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
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 | |
Other | |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | 1 |
Regions Active | Punjab |
Outstanding portfolio (RWF) | RWF 155,678,906 |
Portfolio (USD) | USD 243,248.29 |
Active Clients with Loans | 1,750 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | x |
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 | x |
Credit insurance | |
Workplace visits | x |
Business training | x |
Other training | x |
Other | |
Other (2) | |
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 | |
Other | |
Other (2) |
# Regions for this institution | 18 |
# Regions for this product | 21 |
Regions Active | Burera, Gakenke, Gasabo, Gatsibo, Gisagara, Huye, KamonyiKayonza, Kicukiro, Kirehe, Muhanga, Musanze, Ngororero, Nyabihu, Nyagatare, Nyanza, Nyarugenge, Rubavu, Ruhango, Rulindo, Rusizi |
Currency | PKR |
Minimum loan size | PKR 10,000 |
Maximum loan size | 75,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 10% |
PKR 25,000-50,000 | 20% |
PKR 50,000-75,000 | 70% |
PKR 75,000-150,000 | 0 |
Greater than PKR 150,000 | 0 |
Shortest loan term | 8.0 months |
Longest loan term | 15.0 months |
Approx average | 12.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 60% |
Between 13 and 18 months | 40% |
Longer than 18 months | 0 |
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 | RWF |
Minimum loan size | RWF 100,000 |
Maximum loan size | 2,500,000 |
Loans less than RWF 500,000 | 60% |
RWF 500,000-1,500,000 | 30% |
RWF 1,500,000-2,500,000 | 10% |
RWF 2,500,000-3,500,000 | 0 |
RWF 3,500,000-4,500,000 | 0 |
Greater than RWF 4,500,000 | 0 |
Shortest loan term | 6.0 months |
Longest loan term | 8.0 months |
Approx average | 8.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 20% |
Between 7 and 9 months | 80% |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 22.00% |
Highest quoted nominal interest | 22.00% |
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 | Loan processing fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 1,000 |
Fixed amount - max | 1,000 |
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 | 2.00% |
Highest quoted nominal interest | 2.00% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Commission Fee |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | No |
Do borrowers control deposit in their group? | No |
% loan amount deposited | 20.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 10.00% |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | Yes |
Percentage of fees | 18% |
All or some fees taxed | Some |
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 30,000 | Real | 2015-04-24 | 11.0 months | N/A | PKR 7,600 | 53.2% | 45.1% | 8.1% | 0.0% | 0.0% | 0.0% | 41 | ||
PKR 30,000 | Generated | 2015-06-01 | 11.0 months | N/A | PKR 7,057.53 | 44.8% | 37.7% | 7.1% | 0.0% | 0.0% | 0.0% | 49 | - | |
PKR 50,000 | Real | 2015-04-10 | 11.0 months | N/A | PKR 12,000.40 | 49.9% | 45.1% | 4.8% | 0.0% | 0.0% | 0.0% | 44 | ||
PKR 50,000 | Generated | 2015-06-01 | 11.0 months | N/A | PKR 11,095.89 | 41.9% | 37.7% | 4.2% | 0.0% | 0.0% | 0.0% | 52 | - | |
PKR 15,000 | Generated | 2015-06-01 | 11.0 months | N/A | PKR 4,028.77 | 52.4% | 37.7% | 14.7% | 0.0% | 0.0% | 0.0% | 42 | - | |
PKR 26,000 | Generated | 2015-06-01 | 11.0 months | N/A | PKR 6,249.86 | 46.0% | 37.7% | 8.3% | 0.0% | 0.0% | 0.0% | 48 | - | |
PKR 29,000 | Generated | 2015-06-01 | 11.0 months | N/A | PKR 6,855.62 | 45.1% | 37.7% | 7.4% | 0.0% | 0.0% | 0.0% | 49 | - | |
PKR 35,000 | Generated | 2015-06-01 | 11.0 months | N/A | PKR 8,067.12 | 43.8% | 37.7% | 6.1% | 0.0% | 0.0% | 0.0% | 50 | - | |
PKR 45,000 | Generated | 2015-06-01 | 14.0 months | N/A | PKR 12,581.64 | 41.7% | 37.8% | 3.9% | 0.0% | 0.0% | 0.0% | 53 | - | |
PKR 65,000 | Generated | 2015-06-01 | 14.0 months | N/A | PKR 17,729.04 | 40.5% | 37.8% | 2.7% | 0.0% | 0.0% | 0.0% | 54 | - |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | RWF 100,000 | RWF 200,000 | RWF 300,000 | ||
Loan Cycle (1, 2, 3, etc) | 1 | 2 | Not Known | ||
Disbursement Date | 2012-04-23 | 2012-03-08 | 2012-03-27 | ||
Loan Term (Months) | 5.6 months | 6.0 months | 7.0 months | ||
Grace Period (Months) | 0.5 months | 0.5 months | 0.5 months | ||
Total Cost of Credit | RWF 13,180 | RWF 26,360 | RWF 45,540 | ||
True Price by Comp | |||||
Interest price component | 45.7% | 42.3% | 42.7% | ||
Fee Component | 4.1% | 3.8% | 3.3% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.8% | 0.7% | 0.6% | ||
Deposit Component | 34.8% | 32.7% | 32.3% | ||
Full APR (int fee ins tax dep) | 85.4% | 79.5% | 78.9% | ||
Transparency Index | 28 | 30 | 30 | ||
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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