Number borrowers | 12,388 |
Loan Amount (range) | PKR 3,000 - 75,000 |
Loan Term (range) | 12 |
Other Services (text summary) | Group Mtgs |
Annual Interest & Method | 22.0% annual, Flat |
Fees | 3.00% upfront 2.00% upfront |
Insurance | None |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 37.7% - 38.2% |
Fee Component | 10.1% - 10.3% |
Insurance Component | 0 |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 47.8% - 48.5% |
Transparency Index (min/max) | 45 - 46 |
Transparency Index (average) | 45 |
233 |
USD 400 - 20,000 |
6 - 36 |
Credit Ins, Servicio de protección familiar en caso de fallecimiento del titular o conyuge, incapacidad total y permanente |
22.9%-26.9% annual, Decl Bal |
None |
None |
None |
N/A |
N/A |
27.3% (Int+Fee) |
0 - 14.3% |
0 |
27.3% |
0 - N/A |
84 |
Outstanding portfolio (PKR) | PKR 80,158,167 |
Portfolio (USD) | USD 787,153.20 |
Active Clients with Loans | 12,388 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 40% - 60% |
Individual | |
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 | x |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
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 | 1 |
# Regions for this product | 1 |
Regions Active | Sindh |
Outstanding portfolio (USD) | USD 82,092.15 |
Portfolio (USD) | USD 82,092.15 |
Active Clients with Loans | 233 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 80% - 100% |
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 | x |
Workplace visits | |
Business training | |
Other training | |
Other | Servicio de protección familiar en caso de fallecimiento del titular o conyuge |
Other (2) | incapacidad total y permanente |
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 | x |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | PKR |
Minimum loan size | PKR 3,000 |
Maximum loan size | 75,000 |
Loans less than PKR 10,000 | 5% |
PKR 10,000-25,000 | 90% |
PKR 25,000-50,000 | 5% |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 0 |
Greater than PKR 150,000 | 0 |
Shortest loan term | 12.0 months |
Longest loan term | 12.0 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 | 100% |
Between 13 and 18 months | 0 |
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 | USD |
Minimum loan size | USD 400 |
Maximum loan size | 20,000 |
Shortest loan term | 6.0 months |
Longest loan term | 36.0 months |
Approx average | 11.0 months |
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 |
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 | Fee 2 | ||
---|---|---|---|
Description | Registration Fee | Emergency Fund Fee | |
% of loan amount - min | 3.00% | 2.00% | |
% of loan amount - max | 3.00% | 2.00% | |
OR, Fixed amount - min | 0 | 0 | |
Fixed amount - max | 0 | 0 | |
Reason for variation | Registration fee is charged @ 3% of disbursment amount. | Emergency Fund Fee is charged @ 2% of disbursement amount. | |
Appears on Repayment Sched? | No | 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? | No |
Lowest quoted nominal interest | 22.93% |
Highest quoted nominal interest | 26.92% |
Reason(s) why interest rate varies | Loan Size |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | 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 25,000 | Real | 2015-02-01 | 12.0 months | N/A | PKR 6,750 | 48.5% | 38.2% | 10.3% | 0.0% | 0.0% | 0.0% | 45 | ||
PKR 25,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 6,765.07 | 47.9% | 37.8% | 10.1% | 0.0% | 0.0% | 0.0% | 46 | - | |
PKR 10,000 | Real | 2015-03-01 | 12.0 months | N/A | PKR 2,700 | 47.8% | 37.7% | 10.1% | 0.0% | 0.0% | 0.0% | 46 | ||
PKR 10,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 2,706.03 | 47.9% | 37.8% | 10.1% | 0.0% | 0.0% | 0.0% | 46 | - | |
PKR 10,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 2,706.03 | 47.9% | 37.8% | 10.1% | 0.0% | 0.0% | 0.0% | 46 | - | |
PKR 15,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 4,059.04 | 47.9% | 37.8% | 10.1% | 0.0% | 0.0% | 0.0% | 46 | - | |
PKR 20,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 5,412.05 | 47.9% | 37.8% | 10.1% | 0.0% | 0.0% | 0.0% | 46 | - | |
PKR 22,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 5,953.26 | 47.9% | 37.8% | 10.1% | 0.0% | 0.0% | 0.0% | 46 | - | |
PKR 25,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 6,765.07 | 47.9% | 37.8% | 10.1% | 0.0% | 0.0% | 0.0% | 46 | - | |
PKR 60,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 16,236.16 | 47.9% | 37.8% | 10.1% | 0.0% | 0.0% | 0.0% | 46 | - |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | USD 350 | USD 500 | USD 800 | USD 600 | USD 600 | USD 700 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2010-10-26 | 2010-10-08 | 2010-10-08 | 2010-10-15 | 2010-10-25 | 2010-10-07 | |||||
Loan Term (Months) | 6.0 months | 9.0 months | 12.0 months | 12.0 months | 12.0 months | 15.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||||
Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
True Price by Comp | |||||||||||
Interest and Fee Component | 27.3% | 27.3% | 27.3% | 27.3% | 27.3% | 27.3% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 27.3% | 27.3% | 27.3% | 27.3% | 27.3% | 27.3% | |||||
Transparency Index | 84 | 84 | 84 | 84 | 84 | 84 | |||||
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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