2. TSKI
Please note that the information you are viewing is 157 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Ujjivan
Please note that the information you are viewing is 137 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Taytay Sa Kauswagan, Inc. A & L Building, E. Lopez SreetJaroIloilo City, Iloilo/Region VI5000
Data approved: 2011-11-15
Data version: 1
Age of data: 157 months

Institution

Ujjivan Financial Services Private Limited #93, Jakkasandra ExtensionSarjapur Main Cross Road, Koramangala 1st BlockBangalore, Karnataka56003
Data approved: 2010-10-25
Data version: 1
Age of data: -   months 
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Product

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Product Summary

Number borrowers6,341
Loan Amount (range)PHP 10,000 - 50,000
Loan Term (range)3 - 6
Other Services (text summary)Credit Ins, Business Training, Other Training
Annual Interest & Method30.0% annual, Flat
Fees100.00 upfront 4.00% upfront
Insurance75.00-469.00 upfront
Tax0.25% loan amt
Comp Dep10.00% ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component49.2% - 61.2% (Int+Fee)
Insurance Component7.9% - 9.5%
Tax Component Range1.0% - 2.0%
Full APR (int fee ins tax dep)63.0% - 79.0%
Transparency Index (min/max)26 - 48
Transparency Index (average)42

Product Summary

15,770
INR 3,000 - 10,000
12
Credit Educ, Group Mtgs
23.0% annual, Decl Bal
1.00% upfront
20.00-40.00 upfront
None
N/A
 
N/A
24.1% (Int+Fee)
0 - 2.4%
0
24.8%
88 - 105
93

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 169,434,204
Portfolio (USD)USD 4,053,449.86
Active Clients with Loans6,341
Approximate % Female Clients60% - 80%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Individual Loan
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household financex
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business trainingx
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 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

Product Details

Key Statistics
Outstanding portfolio (INR)INR 24,568,926
Portfolio (USD)USD 545,976
Active Clients with Loans15,770
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
To finance education expenses of children of existing Ujjivan customers studyingfrom LKG to 2nd PUC. The interest paid on this product is refunded to customers at the end of their loan cycle by our sister NGO Parinaam, for select customers.\r
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Educationx
Other household finance
OtherCan only be used for education
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
OtherFinancial Literacy
Other (2)Scholarships given by Parinaam Foundation to deserving students
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Household income <60,000 INR
Household income <120,000 INR
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 10,000
Maximum loan size50,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term6.0 months
Approx average0
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 3,000
Maximum loan size10,000
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 lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
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 interest2.50%
Highest quoted nominal interest2.50%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionNotarial FeeService Charge
% of loan amount - min04.00%
% of loan amount - max04.00%
OR, Fixed amount - min1000
Fixed amount - max1000
Reason for variationN/A
Appears on Repayment Sched?YesYes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionMicroEnsure
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min75
Fixed amount - max469
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited10.00%
or, Fixed-amount deposited0
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid2.00%
Maximum interest rate paid2.00%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?Yes
Percentage of fees0
All or some fees taxedN/A

Pricing Information

Interest
Lowest quoted nominal interest23.00%
Highest quoted nominal interest23.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
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 variation
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionA premium of Rs. 20 / 40 provides a life term cover of Rs. 6,000 / 12,000 to the customer for a period of 1-year
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min20
Fixed amount - max40
Reason for variation
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
Additional Comments
The interest paid on the education loan is refunded to the customer at the end of the loan tenor by our sister NGO, Parinaam for select customers.\r

Full Pricing Data

OKEY samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountPHP 15,000PHP 15,000PHP 30,000PHP 30,000
Loan Cycle (1, 2, 3, etc)3131
Disbursement Date2011-05-312011-06-272011-06-302011-07-29
Loan Term (Months)3.0 months3.0 months3.0 months3.0 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 Component61.2%59.9%49.2%52.9%
Insurance Component9.5%9.3%7.9%8.5%
Tax Component2.0%2.0%1.7%1.8%
Deposit Component6.4%6.1%4.3%5.0%
Full APR (int fee ins tax dep)79.0%77.2%63.0%68.2%
Transparency Index38394844
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Education Loan samples
Sample 1
Loan AmountINR 6,000
Loan Cycle (1, 2, 3, etc)Not Known
Disbursement Date2011-06-07
Loan Term (Months)12.0 months
Grace Period (Months)0
Total Cost of CreditNot Known
True Price by Comp 
Interest and Fee Component24.1%
Insurance Component0.6%
Tax Component0
Deposit Component0
Full APR (int fee ins tax dep)24.8%
MFIN MFI Earning (Annualised)24.1%
MFIN Cost to Borrower (Annualised)24.8%
Transparency Index93
MFIN Transparency IndexN/A
  
Original Repayment SchedulePDF
MFT Pricing CalculationPDF
* 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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