Please note that the information you are viewing is
156 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2011-11-15
Data version: 1
Age of data: 156 months
Key Statistics
Outstanding portfolio (PHP) | PHP 221,374,459 |
Portfolio (USD) | USD 5,296,039.69 |
Active Clients with Loans | 40,100 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 60% - 80% |
Methodology
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other | |
Description
Additional capital for existing business
Loan Purpose
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) | |
Included Services
Credit education | x |
Group meetings | x |
Credit insurance | |
Workplace visits | x |
Business training | |
Other training | |
Other | Values Development, Personal Counselling and Life Skills Training |
Other (2) | Business mentoring |
No other services | |
Eligibility
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | x |
Must be a salaried worker | |
Must be specific age group | |
Other | Must be community resident for at least 5 years |
Other (2) | |
Portfolio Size by Product
Geographic Coverage
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active | |
Loan Conditions
Loan Amount
Currency | PHP |
Minimum loan size | PHP 11,000 |
Maximum loan size | 50,000 |
Loan Term and Grace Period
Shortest loan term | 6.0 months |
Longest loan term | 6.0 months |
Approx average | 6.0 months |
Grace Period
Grace period usage | 0 |
Average grace period | 0 |
Repayment Frequency
Daily | |
Weekly | x |
Every 2 weeks | |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments | |
Pricing Information
Interest
Lowest quoted nominal interest | 3.33% |
Highest quoted nominal interest | 3.33% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Upfront Fees
| Fee 1 |
---|
Description | Service Fee |
% of loan amount - min | 2.00% |
% of loan amount - max | 2.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | |
Appears on Repayment Sched? | No |
Ongoing Fees
This product has no ongoing feesUpfront Insurance Fees
This product has no upfront insurance feesOngoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | |
Do borrowers control deposit in their group? | |
Deposit BEFORE or AT Disbursement
% loan amount deposited | 20.00% |
or, Fixed-amount deposited | 0 |
Deposits DURING period payments
% loan amount deposited | 0 |
or, Fixed-amount deposited | PHP 100 |
Conditions on access to deposit | Access During |
Interest Paid on Deposit
Minimum interest rate paid | 3.00% |
Maximum interest rate paid | 3.00% |
Interest payment frequency | Annually |
Taxes
Are taxes charged on this product? | No |
Additional Comments
Withdrawals are allowed beyond 2% retention rate. For periodic savings, P5 for loans below P1, and P1 for loans above P1. Members are entitle to a Patronage Refund which is determined annually based on the financial performance of the Cooperative and declared every April of the succeeding year.
Full Pricing Data
Regular Business Loan 6 months samples
| Sample 1 | | Sample 2 | | Sample 3 | | Sample 4 |
---|
Loan Amount | PHP 16,000 | | PHP 27,000 | | PHP 30,000 | | PHP 30,000 |
Loan Cycle (1, 2, 3, etc) | 6 | | 13 | | 10 | | 10 |
Disbursement Date | 2011-08-01 | | 2011-08-02 | | 2011-07-13 | | 2011-06-20 |
Loan Term (Months) | 6.0 months | | 6.0 months | | 6.0 months | | 6.0 months |
Grace Period (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 |
True Price by Comp | | | | | | | |
Interest and Fee Component | 87.6% | | 87.6% | | 87.6% | | 87.6% |
Insurance Component | 0.0% | | 0.0% | | 0.0% | | 0.0% |
Tax Component | 0.0% | | 0.0% | | 0.0% | | 0.0% |
Deposit Component | 43.7% | | 43.7% | | 43.7% | | 43.8% |
Full APR (int fee ins tax dep) | 131.4% | | 131.4% | | 131.3% | | 131.4% |
Transparency Index | 30 | | 30 | | 30 | | 30 |
| | | | | | | |
Original Repayment Schedule | PDF | | PDF | | PDF | | PDF |
MFT Pricing Calculation | PDF | | PDF | | PDF | | PDF |
Regular Business Loan 6 months Price Graphs
Please note that the information you are viewing is
168 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2010-10-25
Data version: 1
Age of data: 168 months
Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | http://www.sambhavindia.org/ |
Year established | 1988 |
Head of Institution | Dr. S.K.Singh |
Regions active | Madhya Pradesh, Uttar Pradesh |
# Branches | 9 |
Total Portfolio (nat'l) | INR 9,737,000 |
Total Portfolio (USD) | USD 183,716.98 |
Active clients with loans | 1,571 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 40% - 60% |
Network affiliations | |
53 Borrowers
USD 11,320.75 Portfolio
Active Product
298 Borrowers
USD 55,415.09 Portfolio
Active Product
1,220 Borrowers
USD 116,981.13 Portfolio
Active Product
Loan Products » Conditions
Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
House Repair |
|
INR 5,000 - 20,000 |
|
12 - 24 |
|
80% - 100% |
|
60% - 80% |
|
Housing |
|
Women, Have home or land |
|
Credit Educ, Group Mtgs, Credit Ins |
Live Stock |
|
INR 5,000 - 20,000 |
|
12 |
|
80% - 100% |
|
0% - 20% |
|
Livestock Purchase |
|
Women, She should have experince of keeping Buffalow , cow and goat. |
|
Credit Educ, Group Mtgs, Credit Ins |
Sanitation Loan |
|
INR 3,000 - 10,000 |
|
12 - 24 |
|
80% - 100% |
|
80% - 100% |
|
For constructing a toilet and bathing space. |
|
Women, Have home or land |
|
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits |
Loan Products » MFIN India Additional Information
Product Name |
|
APR (int) |
|
MFIN MFI Earning (Annualised) |
|
MFIN Cost to Borrower (Annualised) |
|
COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD |
|
COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES |
|
COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM |
|
MFIN Transparency Index |
House Repair |
|
0% |
|
33.9% |
|
41.9% |
|
|
|
|
|
|
|
N/A |
Live Stock |
|
0% |
|
18.7% - 34.8% |
|
22.5% - 43.6% |
|
|
|
|
|
|
|
N/A |
Sanitation Loan |
|
0% |
|
35.5% - 42.5% |
|
39.6% - 54.5% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
House Repair |
|
18.0% annual, Flat |
|
1 Fee |
|
2 Ins |
|
None |
|
10.0% upfront |
|
33.9% |
|
41.9% |
|
43 |
Live Stock |
|
18.0% annual, Flat |
|
1 Fee |
|
1 Ins |
|
None |
|
10.0% upfront |
|
18.7% - 34.8% |
|
22.5% - 43.6% |
|
54 |
Sanitation Loan |
|
18.0% annual, Flat |
|
1 Fee |
|
1 Ins |
|
None |
|
10.0% upfront |
|
35.5% - 42.5% |
|
39.6% - 54.5% |
|
39 |