2. APMBL
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. Samasta
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

Advans Pakistan Microfinance Bank Ltd. Bahria I complex, Lalazar Area, M.T. Khan RoadKarachi, Sindh
Data approved: 2015-04-16
Data version: 2
Age of data: 113 months
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Institution

Samasta Microfinance Limited 4th Cross, 414/5Wilson Garden,Bangalore, KarnatakaPO Box 560027
Data approved: 2013-01-21
Data version: 2
Age of data: 139 months
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Product

Karobar Sanwaro Product 1 of 3 « Prev | Next »

Product

Income Generation Loan Product 1 of 2 « Prev | Next »

Product Summary

Number borrowers1,413
Loan Amount (range)PKR 10,000 - 150,000
Loan Term (range)3 - 18
Other Services (text summary)Credit Ins
Annual Interest & Method41.0% annual, Decl Bal
Fees1.50% upfront
Insurance1.00%-1.25% upfront
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component40.3%
Fee Component2.2% - 3.9%
Insurance Component1.8% - 2.6%
Tax Component Range0
Full APR (int fee ins tax dep)44.3% - 46.8%
Transparency Index (min/max)88 - 93
Transparency Index (average)89

Product Summary

44,713
INR 10,000 - 15,000
12
Credit Educ, Group Mtgs, Credit Ins, Other Training
26.0%-27.5% annual, Decl Bal
1.00% upfront
0.26%-0.35% upfront
12.36% fees
N/A
 
27.0% - 28.0%
1.0% - 2.0%
0.6% - 0.8%
0.1% - 0.3%
30.3% - 31.1%
84 - 90
85

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 60,500,690.02
Portfolio (USD)USD 594,116.78
Active Clients with Loans1,413
Approximate % Female Clients0% - 20%
Approximate % Urban Clients100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Advans "Karobar Sanwaro" is a loan from PKR 10 k to PKR 150 k for a duration of 3 to 18 months (generally not more than 12). It can fund working capital as well as small investment, with monthly repayments.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
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 groupx
OtherAge bracket is 18 to 60
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveSindh

Product Details

Key Statistics
Outstanding portfolio (INR)INR 241,916,409
Portfolio (USD)USD 4,564,460.55
Active Clients with Loans44,713
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
It is targeted at customers engaged in small and micro businesses that need funds to either expand existing business or start a new one.
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 trainingx
Other
Other (2)
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 INRx
Household income <120,000 INRx
Must live in rural area
Must lives in urban area
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution2
# Regions for this product2
Regions ActiveKarnataka, Tamil Nadu

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 10,000-25,0005%
PKR 25,000-50,00030%
PKR 50,000-75,00015%
PKR 75,000-150,00050%
Greater than PKR 150,00050%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term18.0 months
Approx average11.3 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months5%
Between 10 and 12 months90%
Between 13 and 18 months5%
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 payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 10,000
Maximum loan size15,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,000100%
INR 15,000-25,0000
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 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 usage100%
Average grace period1.0 month
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
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 interest41.00%
Highest quoted nominal interest41.00%
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 - min1.50%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Cover Charges
% of loan amount - min1.00%
% of loan amount - max1.25%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationCredit Cover is charged 1% on loan of 1st cycle (up to 12 months) while on the loan of 2nd cycle 1.25% is charged which is above 12 months upto 18 months.
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?No

Pricing Information

Interest
Lowest quoted nominal interest26.00%
Highest quoted nominal interest27.50%
Reason(s) why interest rate variesLoan Size, Loan Tenure
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
DescriptionInsurance Fees
% of loan amount - min0.26%
% of loan amount - max0.35%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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

Karobar Sanwaro 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 100,000 Real 2015-05-01 12.0 months N/A PKR 25,992.99 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 PDF PDF
PKR 20,000 Generated 2015-05-01 12.0 months N/A PKR 5,198.60 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 50,000 Real 2015-05-01 10.0 months N/A PKR 11,091.60 46.2% 40.3% 3.5% 2.4% 0.0% 0.0% 89 PDF PDF
PKR 30,000 Generated 2015-05-01 10.0 months N/A PKR 6,654.96 46.2% 40.3% 3.5% 2.4% 0.0% 0.0% 89 - PDF
PKR 40,000 Generated 2015-05-01 12.0 months N/A PKR 10,397.20 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 45,000 Generated 2015-05-01 12.0 months N/A PKR 11,696.85 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 60,000 Generated 2015-05-01 12.0 months N/A PKR 15,595.79 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 75,000 Generated 2015-05-01 12.0 months N/A PKR 19,494.74 45.4% 40.3% 3.0% 2.1% 0.0% 0.0% 90 - PDF
PKR 100,000 Generated 2015-05-01 9.0 months N/A PKR 20,293.26 46.8% 40.3% 3.9% 2.6% 0.0% 0.0% 88 - PDF
PKR 125,000 Generated 2015-05-01 18.0 months N/A PKR 47,708.71 44.3% 40.3% 2.2% 1.8% 0.0% 0.0% 93 - PDF

Full Pricing Data

Income Generation Loan samples
Sample 1Sample 2Sample 3
Loan AmountINR 12,000INR 12,000INR 15,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-03-302013-03-282013-02-12
Loan Term (Months)12.0 months12.0 months12.0 months
Grace Period (Months)0.2 months0.2 months0.0 months
Total Cost of CreditINR 2,007.68INR 2,007.68INR 2,507.19
True Price by Comp     
Interest price component27.2%27.2%28.0%
Fee Component2.0%2.0%2.0%
Insurance Component0.8%0.8%0.8%
Tax Component0.3%0.3%0.3%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)30.3%30.3%31.1%
MFIN MFI Earning (Annualised)29.2%29.2%30.0%
MFIN Cost to Borrower (Annualised)30.3%30.3%31.1%
Transparency Index868684
MFIN Transparency Index999998
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
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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
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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