2. D^Miro
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
  2. Parama
Please note that the information you are viewing is 175 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

BANCO D-MIRO S.A. Cooperativa Americo Vespucio II Manzana A Solar 8Guayaquil, GuayasN/A
Data approved: 2011-06-27
Data version: 1
Age of data: 168 months

Institution

Parama Mahila Samittti Kamalpur Vill : Kamalpur, P.o. Purba NawparaDist : NadiaP.o. Dhaltala, West Bengal741501
Data approved: 2010-11-15
Data version: 1
Age of data: 175 months

Product

Grupo Solidario Product 2 of 9 « Prev | Next »

Product

Micro Loan Product 1 of 1 « Prev | Next »

Product Summary

Number borrowers536
Loan Amount (range)USD 400 - 800
Loan Term (range)6 - 12
Other Services (text summary)Credit Ins
Annual Interest & Method26.9% annual, Decl Bal
Fees0.60% ongoing
InsuranceNone
TaxNone
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component27.3% (Int+Fee)
Insurance Component0 - 14.3%
Tax Component Range0
Full APR (int fee ins tax dep)40.2% - 41.6%
Transparency Index (min/max)0 - N/A
Transparency Index (average)65

Product Summary

7,128
INR 5,000 - 50,000
6 - 12
Credit Educ, Credit Ins, Business Training
16.0% annual, Flat
30.00% upfront
2.00% upfront
None
10.0% upfront
 
N/A
36.6% (Int+Fee)
0.7%
0
45.4%
35
35

Product Details

Key Statistics
Outstanding portfolio (USD)USD 98,301.18
Portfolio (USD)USD 98,301.18
Active Clients with Loans536
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Es un grupo de 4 a 8 personas que tienen un microempresa en curso o han demostrado capacidad de manejo de una, para las que reciben crédito en grupo y entre todos los miembros proporcionan una garantía mutua para el pago del mismo
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
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 25,565,573
Portfolio (USD)USD 482,369.30
Active Clients with Loans7,128
Approximate % Female Clients80% - 100%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help groupx
Other
Description
The loan is given for one year and the repayment has to completed 46 weeks by weekly installment. Weekly installment is Rs. 125/- for Rs. 5000/- loan.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
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
CurrencyUSD
Minimum loan sizeUSD 400
Maximum loan sizeUSD 800
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average10.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeksx
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 5,000
Maximum loan size50,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average9.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
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 interest26.92%
Highest quoted nominal interest26.92%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionServicio de proteccio familiar en caso de fallecimiento del titular o conyuge, incapacidad total y permanente
% of loan amount - min0.60%
% of loan amount - max0.60%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
This product has no upfront insurance fees
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
La tasa que cobramos por el servicio de protección familiar es de .595% mensual sobre el monto original del préstamo

Pricing Information

Interest
Lowest quoted nominal interest16.00%
Highest quoted nominal interest16.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min30.00%
% of loan amount - max30.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
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 deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositFinal Pmt
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Grupo Solidario samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountUSD 200USD 350USD 400USD 400
Loan Cycle (1, 2, 3, etc)6Not KnownNot KnownNot Known
Disbursement Date2010-10-132010-10-222010-10-222010-10-20
Loan Term (Months)6.0 months5.6 months5.6 months6.0 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 Component27.3%27.3%27.3%27.3%
Insurance Component12.9%13.8%13.9%14.3%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)40.2%41.1%41.2%41.6%
Transparency Index67666565
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Micro Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountINR 5,000INR 10,000INR 15,000INR 20,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2010-04-032010-05-102010-05-232010-06-04
Loan Term (Months)10.7 months10.7 months10.7 months10.7 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 Component36.6%36.6%36.6%36.6%
Insurance Component0.7%0.7%0.7%0.7%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component8.1%8.1%8.1%8.1%
Full APR (int fee ins tax dep)45.4%45.4%45.4%45.4%
MFIN MFI Earning (Annualised)36.6%36.6%36.6%36.6%
MFIN Cost to Borrower (Annualised)45.4%45.4%45.4%45.4%
Transparency Index35353535
MFIN Transparency IndexN/AN/AN/AN/A
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Grupo Solidario Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeBusinessLoan PurposeD^MiroInstitutionEC-001-V01-P02ProductECCountry2011YearRange Number1Institution Data Version0100200300400Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 20010010Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Micro Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeParamaInstitutionIN-048-V01-P01ProductINCountry2010YearRange Number1Institution Data Version05,00010,00015,00020,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 1,4001,00070030040Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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