Zambia Child Resources Centre - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 163 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Zambia Child Resources Centre Head OfficeLusakaPO Box 31097

Data approved: 2011-12-12

Data version: 1

Age of data: 163 months

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Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	N/A
Year established	2005
Head of Institution	Francis Chivuta
Regions active
# Branches	2

Total Portfolio (nat'l)	ZMK 10,000,000
Total Portfolio (USD)	USD 1,932.37
Active clients with loans	30
Approximate % female clients	60% - 80%
Approximate % urban clients	40% - 60%
Network affiliations
Funders

Loan Products » Summary

Microcredit

30 Borrowers

USD 1,932.37 Portfolio

Low Volume Product

Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name		Loan Size Range		Loan Term (months)		% Female		% Urban		Loan Purpose		Eligibility		Other Services
Microcredit		ZMK 200,000 - 2,000,000		3 - 12		60% - 80%		40% - 60%		Business, Education, Other		Women, Men, Securities like goats, tractor, etc.		Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training

Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
Microcredit		120.0% annual, Flat		1 Fee		0		None		N/A		144.6% - 471%		144.6% - 471%		55

Institution Price Graph

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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

ESAF Microfinance & Investments (P) LTD No 5A 5th FloorPurasawalkamChennai, Tamil Nadu600084

Data approved: 2013-01-10

Data version: 3

Age of data: 139 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (INR)	INR 781,127,198.80
Portfolio (USD)	USD 14,738,249.03
Active Clients with Loans	44,043
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	0% - 20%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

Loan given for income generation purpose, which is higher than Rs. 15000

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
Business training	x
Other training
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
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	x
Household income <120,000 INR	x
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 institution	5
# Regions for this product	5
Regions Active	Chhattisgarh, Kerala, Madhya Pradesh, Maharashtra, Tamil Nadu

Loan Conditions

Loan Amount

Currency	INR
Minimum loan size	INR 16,000
Maximum loan size	30,000

Distribution at Disbursement (Est.)

Loans less than INR 5,000	0
INR 5,000-15,000	0
INR 15,000-25,000	90%
INR 25,000-35,000	10%
INR 35,000-45,000	0
Greater than INR 45,000	0

Loan Term and Grace Period

Shortest loan term	24.0 months
Longest loan term	24.0 months
Approx average	24.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	0
Between 7 and 9 months	0
Between 10 and 12 months	0
Between 13 and 18 months	0
Longer than 18 months	100%

Grace Period

Grace period usage	100%
Average grace period	0.3 months

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	26.00%
Highest quoted nominal interest	26.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Processing Fee
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	Yes
Percentage of fees	12.4%
All or some fees taxed	All

Full Pricing Data

Income Generation Loan 2+ samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	INR 26,000	INR 27,000	INR 26,000	INR 30,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2013-03-05	2013-03-16	2012-11-22	2013-05-19
Loan Term (Months)	24.0 months	24.0 months	24.0 months	24.0 months
Grace Period (Months)	-0.2 months	-0.2 months	0.0 months	0.0 months
Total Cost of Credit	INR 5,719.90	INR 5,963.90	INR 5,731.14	INR 6,700.08
True Price by Comp
Interest price component	27.2%	27.2%	26.7%	26.8%
Fee Component	1.5%	1.4%	1.5%	1.4%
Insurance Component	0.0%	0.0%	0.0%	0.0%
Tax Component	0.2%	0.2%	0.1%	0.2%
Deposit Component	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	28.9%	28.8%	28.3%	28.4%
MFIN MFI Earning (Annualised)	28.7%	28.6%	28.2%	28.2%
MFIN Cost to Borrower (Annualised)	28.9%	28.8%	28.3%	28.4%
Transparency Index	90	90	92	91
MFIN Transparency Index	96	96	97	97

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

* The APR stated here is an MFTransparency term, definition and formula

Income Generation Loan 2+ Price Graphs

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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
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
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Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » Pricing Information

Institution Price Graph

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

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

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

Income Generation Loan 2+ samples

Income Generation Loan 2+ Price Graphs

Total Borrowers of Samples

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