2. PFSL
Please note that the information you are viewing is 167 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Espoir
Please note that the information you are viewing is 174 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Pulse Financial Services Limited Cnr Freedom Way/Katunjila RoadLusakaP.O. Box RW 51269
Data approved: 2012-01-25
Data version: 1
Age of data: 167 months

Institution

Fundación para el Desarrollo Integral Espoir Iñaquito No. 1261 y Naciones Unidas Edficio Comandato Torre Iñaquito PenthouseQuito, Pichincha
Data approved: 2010-11-08
Data version: 1
Age of data: 174 months

Product

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Product

Microcrédito Individual Minorista Product 5 of 5 « Prev | Next »

Product Summary

Number borrowers925
Loan Amount (range)ZMK 1,000,000 - 120,000,000
Loan Term (range)6 - 36
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Annual Interest & Method54.0%-66.0% annual, Flat
Fees4.00%-7.00% upfront
Insurance1.00%-3.50% upfront
TaxNone
Comp Dep15.0% upfront
Range of pricing 
Interest Price ComponentN/A
Fee Component104.8% - 135.3% (Int+Fee)
Insurance Component2.0% - 4.9%
Tax Component Range0
Full APR (int fee ins tax dep)139.5% - 181.0%
Transparency Index (min/max)27 - 44
Transparency Index (average)34

Product Summary

1,094
USD 1,000 - 8,000
12 - 36
Credit Ins
24.5%-26.9% annual, Decl Bal
None
None
None
N/A
 
N/A
26.9% - 28.9% (Int+Fee)
0
0
26.9% - 28.9%
71 - 101
88

Product Details

Key Statistics
Outstanding portfolio (ZMK)ZMK 10,955,500,000
Portfolio (USD)USD 2,117,004.83
Active Clients with Loans925
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
MSME loan product
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
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 (USD)USD 2,621,383
Portfolio (USD)USD 2,621,383
Active Clients with Loans1,094
Approximate % Female Clients60% - 80%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Loan designed for simple accumulation microentrepreneurs and for members and non-members of the communal bank.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Educationx
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

Loan Conditions

Loan Amount
CurrencyZMK
Minimum loan sizeZMK 1,000,000
Maximum loan size120,000,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term36.0 months
Approx average13.0 months
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
CurrencyUSD
Minimum loan sizeUSD 1,000
Maximum loan size8,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term36.0 months
Approx average14.0 months
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

Pricing Information

Interest
Lowest quoted nominal interest4.50%
Highest quoted nominal interest5.50%
Reason(s) why interest rate variesTime as Client, Repeat loan discount - Initial loan is 66% annual. Repeat loan is 54% interest.
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min4.00%
% of loan amount - max7.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation7% for loans <12.5million, 5% for loans of 12.5-20million, 5% for loans 20million.
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Life Assurance
% of loan amount - min1.00%
% of loan amount - max3.50%
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?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited15.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid9.00%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?No
Additional Comments
Client is entitled to client share ownership program and has a minimum of 1% interest rebate paid if the loan was paid on time. The client has four options of investment. The repeat borrowers have a lower interest rate.

Pricing Information

Interest
Lowest quoted nominal interest24.54%
Highest quoted nominal interest26.92%
Reason(s) why interest rate variesLoan Size
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
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 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
mortgage, business and other property accepted as collateral.

Full Pricing Data

MSME Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountZMK 1,500,000ZMK 2,500,000ZMK 3,000,000ZMK 3,000,000ZMK 4,000,000ZMK 4,500,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2010-12-292011-04-152011-04-292011-10-182011-09-012011-03-22
Loan Term (Months)9.0 months6.0 months9.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component126.5%135.3%126.6%104.8%105.1%122.5%
Insurance Component4.9%4.5%4.9%3.8%3.9%4.0%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component38.3%41.2%37.2%30.8%31.0%34.6%
Full APR (int fee ins tax dep)169.7%181.0%168.8%139.5%140.0%161.1%
Transparency Index323032393934
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF

Full Pricing Data

Microcrédito Individual Minorista samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountUSD 1,000USD 2,000USD 4,000USD 5,000
Loan Cycle (1, 2, 3, etc)1113
Disbursement Date2010-06-212010-06-222010-03-262010-04-26
Loan Term (Months)12.0 months12.0 months15.0 months18.0 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 Component26.9%26.9%28.9%28.9%
Insurance Component0.0%0.0%0.0%0.0%
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)26.9%26.9%28.9%28.9%
Transparency Index91918585
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
MSME Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NBFIInstitution TypeBusinessLoan PurposePFSLInstitutionZM-014-V01-P02ProductZMCountry2012YearRange Number1Institution Data Version01,000,0002,000,0003,000,0004,000,000Loan Size (all)0%50%100%150%Full APR (int fee ins tax dep)> 1009010Number 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
Microcrédito Individual Minorista Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeMultipleLoan PurposeEspoirInstitutionEC-027-V01-P05ProductECCountry2010YearRange Number1Institution Data Version01,0002,0003,0004,0005,000Loan Size (all)0%10%20%30%Full APR (int fee ins tax dep)> 30010010Number 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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