Hagdan Sa Pag-uswag Foundation, Inc. - Individual Loan - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 158 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Hagdan Sa Pag-uswag Foundation, Inc. RER Phase 2, National Highway, KauswaganCagayan de Oro City, Misamis Oriental9000

Data approved: 2011-11-15

Data version: 1

Age of data: 158 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (PHP)	PHP 2,100,000
Portfolio (USD)	USD 50,239.23
Active Clients with Loans	818
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	0% - 20%

Methodology

Individual
Solidarity group	x
Village banking	x
Self help group	x
Other

Description

Additional capital for individual microentrepreneurs

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	x
Workplace visits	x
Business training	x
Other training	x
Other	Community Development Program
Other (2)
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
Other (2)

# Borrowers by Product

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 10,000
Maximum loan size	40,000

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	10.0 months
Approx average	6.0 months

Grace Period

Grace period usage	100%
Average grace period	DK

Repayment Frequency

Daily
Weekly	x
Every 2 weeks	x
Every 4 weeks
Monthly	x
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	3.00%
Highest quoted nominal interest	3.00%
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 Charge
% of loan amount - min	4.00%
% of loan amount - max	4.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Mortuary Aid Fund
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	170
Fixed amount - max	300
Reason for variation	Covers client, spouse and 4 children below 21 years
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	Yes
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	5.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	2.00%
Maximum interest rate paid	5.00%
Interest payment frequency	Annually

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Individual Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	PHP 15,000	PHP 16,000	PHP 30,000	PHP 30,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2011-05-10	2011-04-19	2011-06-02	2011-05-10
Loan Term (Months)	9.3 months	9.3 months	9.3 months	9.3 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	85.2%	84.5%	85.9%	84.5%
Insurance Component	6.4%	5.9%	3.2%	3.1%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	17.4%	16.4%	12.4%	12.0%
Full APR (int fee ins tax dep)	108.9%	106.8%	101.4%	99.6%
Transparency Index	33	34	35	36

Original Repayment Schedule	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF

Individual Loan Price Graphs

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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

Sarvodaya Nano Finance Limited 279, Avvai Shanmugam SalaiRoyapettahChennai, TamilnaduPO Box 600014

Data approved: 2013-01-10

Data version: 1

Age of data: 139 months

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Institution Details

Institution Type	Non Bank Financial Institution
Is this institution regulated?	Yes
Website address	http://www.sarvodayanano.org
Year established	1996
Head of Institution	R. Asokkumar
Regions active	Tamil Nadu
# Branches	92

Total Portfolio (nat'l)	INR 312,483,125
Total Portfolio (USD)	USD 5,895,908.02
Active clients with loans	51,039
Approximate % female clients	80% - 100%
Approximate % urban clients	0% - 20%
Network affiliations

Loan Products » Summary

Annapoorna

9,444 Borrowers

USD 1,779,950.94 Portfolio

Active Product

Loan Products » Conditions

Product Name		Loan Size Range		Loan Term (months)		% Female		% Urban		Loan Purpose		Eligibility		Other Services
Annapoorna		INR 10,000 - 15,000		4.6		80% - 100%		0% - 20%		Business		Women, Men, Low HH Inc, Med HH Inc		Credit Educ

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
Annapoorna		25.7% - 26.8%		31% - 32.4%		31.7% - 33.1%		Yes		Info awaited		NA		98

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Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
Annapoorna		25.7% annual, Decl Bal		1 Fee		0		12.36% fees		N/A		31% - 32.4%		31.7% - 33.1%		79

Institution Price Graph

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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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
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Std Dev

By Inst Type


By Country

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Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Loan Term and Grace Period

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Individual Loan samples

Individual Loan Price Graphs

Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Institution Price Graph

Total Borrowers of Samples

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