2. Micro Options
Please note that the information you are viewing is 113 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Espoir
Please note that the information you are viewing is 170 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Micro Options Mohallah Hussainiya, Thaneel RoadChakwal, Punjab
Data approved: 2015-05-05
Data version: 2
Age of data: 113 months
Choose version

Institution

Fundación para el Desarrollo Integral Espoir Iñaquito No. 1261 y Naciones Unidas Edficio Comandato Torre Iñaquito PenthouseQuito, Pichincha
Data approved: 2010-11-08
Data version: 1
Age of data: 170 months

Product

Commerce Loan Product 3 of 5 « Prev | Next »

Product

Microcrédito Individual Minorista Product 5 of 5 « Prev | Next »

Product Summary

Number borrowers1,813
Loan Amount (range)PKR 5,000 - 30,000
Loan Term (range)12
Other Services (text summary)Group Mtgs, Tech Asst Visits, Other Training
Annual Interest & Method26.0%-31.0% annual, Decl Bal
Fees3.00% upfront
InsuranceNone
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component28.5% - 30.5%
Fee Component4.2% - 5.8%
Insurance Component0
Tax Component Range0
Full APR (int fee ins tax dep)33.8% - 36.3%
Transparency Index (min/max)72 - 79
Transparency Index (average)74

Product Summary

1,094
USD 1,000 - 8,000
12 - 36
Credit Ins
24.5%-26.9% annual, Decl Bal
None
None
None
N/A
 
N/A
26.9% - 28.9% (Int+Fee)
0
0
26.9% - 28.9%
71 - 101
88

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 25,236,755
Portfolio (USD)USD 247,824.93
Active Clients with Loans1,813
Approximate % Female Clients20% - 40%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
For Small Business
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visitsx
Business training
Other trainingx
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution2
# Regions for this product2
Regions ActiveIslambad Capital Territory, Punjab

Product Details

Key Statistics
Outstanding portfolio (USD)USD 2,621,383
Portfolio (USD)USD 2,621,383
Active Clients with Loans1,094
Approximate % Female Clients60% - 80%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Loan designed for simple accumulation microentrepreneurs and for members and non-members of the communal bank.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Educationx
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyPKR
Minimum loan sizePKR 5,000
Maximum loan size30,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,00020%
PKR 10,000-25,00050%
PKR 25,000-50,00030%
PKR 50,000-75,0000
PKR 75,000-150,0000
Greater than PKR 150,0000
Loan Term and Grace Period
Shortest loan term12.0 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 usage10%
Average grace period1.0 month
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 1,000
Maximum loan size8,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term36.0 months
Approx average14.0 months
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 payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest26.00%
Highest quoted nominal interest31.00%
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
DescriptionLOAN PROCESSING FEE
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationVaries on loan size
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?No

Pricing Information

Interest
Lowest quoted nominal interest24.54%
Highest quoted nominal interest26.92%
Reason(s) why interest rate variesLoan Size
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
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?No
Additional Comments
mortgage, business and other property accepted as collateral.

Full Pricing Data

Commerce Loan samples
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 5,000 Generated 2015-06-01 11.9 months N/A PKR 1,049.89 36.3% 30.5% 5.8% 0.0% 0.0% 0.0% 72 - PDF
PKR 10,000 Generated 2015-05-01 6.9 months N/A PKR 2,083.56 33.8% 28.5% 5.3% 0.0% 0.0% 0.0% 77 - PDF
PKR 12,000 Generated 2015-05-01 6.9 months N/A PKR 2,500.27 33.8% 28.5% 5.3% 0.0% 0.0% 0.0% 77 - PDF
PKR 10,000 Generated 2015-06-01 11.9 months N/A PKR 2,099.78 36.3% 30.5% 5.8% 0.0% 0.0% 0.0% 72 - PDF
PKR 15,000 Generated 2015-05-01 6.9 months N/A PKR 3,125.34 33.8% 28.5% 5.3% 0.0% 0.0% 0.0% 77 - PDF
PKR 15,000 Generated 2015-06-01 11.9 months N/A PKR 3,149.66 36.3% 30.5% 5.8% 0.0% 0.0% 0.0% 72 - PDF
PKR 20,000 Generated 2015-05-01 6.9 months N/A PKR 4,167.12 33.8% 28.5% 5.3% 0.0% 0.0% 0.0% 77 - PDF
PKR 18,000 Generated 2015-06-01 11.9 months N/A PKR 3,779.60 36.3% 30.5% 5.8% 0.0% 0.0% 0.0% 72 - PDF
PKR 22,000 Generated 2015-05-01 6.9 months N/A PKR 4,583.84 33.8% 28.5% 5.3% 0.0% 0.0% 0.0% 77 - PDF
PKR 20,000 Generated 2015-06-01 11.9 months N/A PKR 4,199.55 36.3% 30.5% 5.8% 0.0% 0.0% 0.0% 72 - PDF
PKR 25,000 Generated 2015-05-01 6.9 months N/A PKR 5,208.90 33.8% 28.5% 5.3% 0.0% 0.0% 0.0% 77 - PDF
PKR 22,000 Generated 2015-06-01 11.9 months N/A PKR 4,619.51 36.3% 30.5% 5.8% 0.0% 0.0% 0.0% 72 - PDF
PKR 28,000 Generated 2015-05-01 6.9 months N/A PKR 5,833.97 33.8% 28.5% 5.3% 0.0% 0.0% 0.0% 77 - PDF
PKR 25,000 Generated 2015-06-01 11.9 months N/A PKR 5,249.44 36.3% 30.5% 5.8% 0.0% 0.0% 0.0% 72 - PDF
PKR 30,000 Generated 2015-05-01 6.9 months N/A PKR 6,250.68 33.8% 28.5% 5.3% 0.0% 0.0% 0.0% 77 - PDF
PKR 30,000 Generated 2015-06-01 11.9 months N/A PKR 6,299.33 36.3% 30.5% 5.8% 0.0% 0.0% 0.0% 72 - PDF

Full Pricing Data

Microcrédito Individual Minorista samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountUSD 1,000USD 2,000USD 4,000USD 5,000
Loan Cycle (1, 2, 3, etc)1113
Disbursement Date2010-06-212010-06-222010-03-262010-04-26
Loan Term (Months)12.0 months12.0 months15.0 months18.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component26.9%26.9%28.9%28.9%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)26.9%26.9%28.9%28.9%
Transparency Index91918585
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Commerce Loan Price Graphs


Click to view Price Analysis Tool
Microcrédito Individual Minorista 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 ∞