Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.osdi.org |
Year established | 2009 |
Head of Institution | Aasim Siddiqui |
Regions active | Khyber Pakhtunkwa, Sindh |
# Branches | 1 |
Total Portfolio (nat'l) | PKR 94,039,491.75 |
Total Portfolio (USD) | USD 923,467.81 |
Active clients with loans | 346 |
Approximate % female clients | 0% - 20% |
Approximate % urban clients | 0 |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Development Loan | PKR 8,000 - 100,000 | 6 | 0% - 20% | 0 | Agriculture | Men, Any party in possession of land that can be used for agricultural purposes, sharecroppers and owners alike - usually male, Clients include both males and females | Group Mtgs, Tech Asst Visits, Other Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Development Loan | 0.0% annual, Flat | 1 Fee | 0 | None | N/A | 19.2% - 19.3% | 19.2% - 19.3% | N/A |
Outstanding portfolio (USD) | USD 4,964,256 |
Portfolio (USD) | USD 4,964,256 |
Active Clients with Loans | 865 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 60% - 80% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | x |
Must be a salaried worker | |
Must be specific age group | |
Other | Al menos 6 meses de relacion de crédito con la institución |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | USD |
Minimum loan size | USD 1,000 |
Maximum loan size | 20,000 |
Shortest loan term | 3.0 months |
Longest loan term | 60.0 months |
Approx average | 32.0 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 | 10.90% |
Highest quoted nominal interest | 26.90% |
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 |
Ins 1 | Ins 2 | ||
---|---|---|---|
Description | Seguro de Desgravamen | Seguro Incendio | |
% of loan amount - min | 6.00% | 2.00% | |
% of loan amount - max | 6.00% | 2.00% | |
OR, Fixed amount - min | 0 | 0 | |
Fixed amount - max | 0 | 0 | |
Reason for variation | Pago mensual por seguro de desgravamen con cobertura del principal adeudado | para algunos prestamos de este producto. | |
Appears on Repayment Sched? | Yes | 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 1,200 | USD 2,000 | USD 4,000 | USD 8,000 | USD 13,850 | USD 15,600 | |||||
Loan Cycle (1, 2, 3, etc) | 2 | Not Known | Not Known | Not Known | 5 | 7 | |||||
Disbursement Date | 2009-11-09 | 2010-06-23 | 2010-06-15 | 2010-06-24 | 2010-03-24 | 2010-04-30 | |||||
Loan Term (Months) | 15.0 months | 15.0 months | 24.0 months | 36.0 months | 60.0 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 | 27.3% | 26.8% | 24.5% | 10.8% | 10.8% | 11.4% | |||||
Insurance Component | 0.6% | 0.6% | 0.6% | 0.8% | 0.6% | 0.7% | |||||
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) | 27.9% | 27.4% | 25.1% | 11.6% | 11.4% | 12.1% | |||||
Transparency Index | 39 | 40 | 43 | 94 | 96 | 90 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
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% 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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