Bandhan Financial Services Private Limited - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Bandhan Financial Services Private Limited DN-32, Sector-V,Salt Lake CityKolkata, West Bengal700091

Data approved: 2011-04-11

Data version: 1

Age of data: - months

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Institution Details

Institution Type	Private 'For-Profit'
Is this institution regulated?	N/A
Website address	http://www.bandhanmf.com/
Year established	2006
Head of Institution	Chandra Shekhar Ghosh
Regions active	0
# Branches	1550

Total Portfolio (nat'l)	INR 15,894,315,977
Total Portfolio (USD)	USD 353,207,021.70
Active clients with loans	2,513,747
Approximate % female clients	80% - 100%
Approximate % urban clients	60% - 80%
Network affiliations	Sa-dhan, MFIN (Microfinance Institutions Network), Alpha Microfinance Consultants(P) Ltd. (Alpha), AMFI (Association of Microfinance Institutions), W.B

Loan Products » Summary

Samriddhi Loan (Micro Small and Medium Enterprise Loan)

77 Borrowers

USD 165,144 Portfolio

Srishti Loan (Micro enterprise loan) Type1

47,007 Borrowers

USD 24,282,575 Portfolio

Srishti Loan(Micro enterprise loan) Type 2

1,364 Borrowers

USD 751,325 Portfolio

Suchana Loan (Micro Loan) Type 1

2,149,006 Borrowers

USD 283,289,362 Portfolio

Suchana Loan (Micro Loan) Type 2

316,293 Borrowers

USD 44,648,404 Portfolio

Suraksha

877 Borrowers

USD 70,211 Portfolio

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Samriddhi Loan (Micro Small and Medium Enterprise Loan)	INR 100,000 - 300,000	12	80% - 100%	20% - 40%	Business	Women, Men, Have business	Credit Ins
Srishti Loan (Micro enterprise loan) Type1	INR 25,000 - 50,000	10.15 - 12	80% - 100%	20% - 40%	Business	Women, Have business	Credit Ins
Srishti Loan(Micro enterprise loan) Type 2	INR 25,000 - 50,000	10.38 - 12	80% - 100%	20% - 40%	Business	Women, Have business	Credit Ins
Suchana Loan (Micro Loan) Type 1	INR 1,000 - 25,000	10.15 - 12	80% - 100%	20% - 40%	Business, ONLY used for Income generating activities	Women, Have business	Credit Ins
Suchana Loan (Micro Loan) Type 2	INR 1,000 - 25,000	10.38 - 12	80% - 100%	20% - 40%	Business, It can be used for income generating activities on	Women, Have business	Credit Ins
Suraksha Loan (Health Loan)	INR 1,000 - 5,000	11.5 - 12	80% - 100%	20% - 40%	Other, It can be used only for emergency health needs. , Can NOT be used for business	Women, This loan is extended to borrowers who have successfully completed at least one loan cycle.

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	MFIN Transparency Index
Samriddhi Loan (Micro Small and Medium Enterprise Loan)	0%	0%	0%	N/A
Srishti Loan (Micro enterprise loan) Type1	0%	0%	0%	N/A
Srishti Loan(Micro enterprise loan) Type 2	0%	0%	0%	N/A
Suchana Loan (Micro Loan) Type 1	0%	0%	0%	N/A
Suchana Loan (Micro Loan) Type 2	0%	0%	0%	N/A
Suraksha Loan (Health Loan)	0%	0%	0%	N/A

*Please click here for more information

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Samriddhi Loan (Micro Small and Medium Enterprise Loan)	10.0% annual, Flat	1 Fee	None	5.0% upfront	0%	0%	N/A
Srishti Loan (Micro enterprise loan) Type1	10.0% annual, Flat	1 Fee	None	5.0% upfront	0%	0%	N/A
Srishti Loan(Micro enterprise loan) Type 2	12.5% annual, Flat	1 Fee	None	5.0% upfront	0%	0%	N/A
Suchana Loan (Micro Loan) Type 1	10.0% annual, Flat	1 Fee	None	10.0% upfront	0%	0%	N/A
Suchana Loan (Micro Loan) Type 2	12.5% annual, Flat	1 Fee	None	10.0% upfront	0%	0%	N/A
Suraksha Loan (Health Loan)	10.0% annual, Flat	0 Fees	None	N/A	0%	0%	N/A

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

Association Marocaine Soladirite Sans Frontieres / Micro-Credit 1, Rue Abi, Dar El GhoufariQuartier Prince Heritier 1er EtageFès, Maroc30000

Data approved: 2013-04-25

Data version: 1

Age of data: 139 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (MAD)	MAD 53,774,645
Portfolio (USD)	USD 6,326,428.82
Active Clients with Loans	10,593
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	60% - 80%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

Produit octroyé à des groupes homogènes allant de 3 à 12 entrepreneurs, avec des montants entre 500 dhs et 15 000 dhs

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings	x
Credit insurance
Workplace visits
Business training
Other training	x
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business	x
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 institution	5
# Regions for this product	5
Regions Active	Tangier-Tétouan, East and the Rif, Fes-Meknes, Rabat-Sale-Kenitra, Beni Mellal-Khenifra

Loan Conditions

Loan Amount

Currency	MAD
Minimum loan size	MAD 500
Maximum loan size	15,000

Distribution at Disbursement (Est.)

Loans less than MAD 5,000	40%
MAD 5,000-15,000	60%
MAD 15,000-25,000	0
MAD 25,000-35,000	0
MAD 35,000-45,000	0
Greater than MAD 45,000	0

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	18.0 months
Approx average	11.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	5%
Between 7 and 9 months	5%
Between 10 and 12 months	60%
Between 13 and 18 months	30%
Longer than 18 months	0

Grace Period

Grace period usage	0
Average grace period	non

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	1.60%
Highest quoted nominal interest	2.00%
Reason(s) why interest rate varies	Loan Size, Client Risk, N/A
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

Ongoing Fees

	Fee 1
Description	Frais Dossier
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	20
Fixed amount - max	150
Reason for variation	MAD 20 for loans < MAD 2000 and 1% of loan amount for loans > MAD 2000
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 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?	No

Are taxes charged on this product?

Full Pricing Data

Produit Solidaire samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	MAD 1,000	MAD 2,500	MAD 5,000	MAD 9,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2013-03-04	2013-04-26	2013-03-26	2013-04-17
Loan Term (Months)	7.0 months	9.0 months	9.0 months	11.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	MAD 180	MAD 530	MAD 1,070	MAD 1,835
True Price by Comp
Interest price component	43.8%	47.2%	47.4%	38.2%
Fee Component	5.1%	2.2%	2.2%	1.8%
Insurance Component	0.0%	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	48.9%	49.4%	49.6%	40.0%
Transparency Index	39	39	39	48

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

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Key Statistics
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# 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
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Total Borrrowers of Samples


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Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Institution Price Graph

Institution

Product

Product Details

Key Statistics

Description

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Term and Grace Period

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

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