| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.badbaan.pk |
| Year established | 2006 |
| Head of Institution | Main Khan Abbasi |
| Regions active | Khyber Pakhtunkwa |
| # Branches | 1 |
| Total Portfolio (nat'l) | PKR 20,618,028 |
| Total Portfolio (USD) | USD 210,388.04 |
| Active clients with loans | 1,484 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | Pakistan Poverty Alleviation Fund (PPAF), Rural Support Program Network (RSPN), Pakistan Mocrofinance Network (PMN), Regional NGOs Coordination Forum (RNCF) |
| Funders | Pakistan Poverty Alleviation Fund, The Bank of Khyber, Rural Support Program Network |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Badbaan Enterprise Loan | PKR 10,000 - 50,000 | 12 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business, Have home or land, Specific age group | Group Mtgs, Tech Asst Visits, Business Training, Technical Trainings to Women (Handicraft) |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Badbaan Enterprise Loan | 18.0% annual, Flat | 1 Fee | 0 | None | N/A | 35.1% - 35.2% | 35.1% - 35.2% | N/A |
| Outstanding portfolio (USD) | USD 4,813,813 |
| Portfolio (USD) | USD 4,813,813 |
| Active Clients with Loans | 1,812 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | x |
| Income generation | |
| 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 | Seguro de Desgravamen |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | x |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | USD |
| Minimum loan size | USD 200 |
| Maximum loan size | 15,000 |
| Shortest loan term | 5.0 months |
| Longest loan term | 38.0 months |
| Approx average | 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 |
| Lowest quoted nominal interest | 14.00% |
| Highest quoted nominal interest | 14.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| 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 |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan Amount | USD 500 | USD 1,000 | USD 2,000 | USD 4,200 | USD 8,500 | USD 12,000 | |||||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
| Disbursement Date | 2010-06-23 | 2010-05-27 | 2010-05-17 | 2010-07-30 | 2010-06-21 | 2010-05-12 | |||||
| Loan Term (Months) | 10.0 months | 12.0 months | 12.0 months | 30.0 months | 36.0 months | 36.0 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 | 14.0% | 14.0% | 14.0% | 14.0% | 14.0% | 14.0% | |||||
| 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) | 14.0% | 14.0% | 14.0% | 14.0% | 14.0% | 14.0% | |||||
| Transparency Index | 100 | 100 | 100 | 100 | 100 | 100 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
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| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
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