Microfinance Institution "Amret" - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 133 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Microfinance Institution "Amret" # 35BA, St.169, Sangkat Veal VongKhan 7 MakaraPhnom Penh, Cambodia855

Data approved: 2011-02-21

Data version: 2

Age of data: - months

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Institution Details

Institution Type	Non Bank Financial Institution
Is this institution regulated?	Yes
Website address	N/A
Year established	1991
Head of Institution	Chea Phalarin
Regions active	0
# Branches	48

Total Portfolio (nat'l)	0
Total Portfolio (USD)	0
Active clients with loans	226,434
Approximate % female clients	60% - 80%
Approximate % urban clients	0% - 20%
Network affiliations
Funders

Loan Products » Summary

Bio-Dgst($)

602 Borrowers

USD 335,258 Portfolio

Active Product

Bus Ln (KHR)

16,830 Borrowers

USD 6,175,157.47 Portfolio

Active Product

Bus Ln (USD)

11,601 Borrowers

USD 8,750,271 Portfolio

Active Product

Consum (KHR)

715 Borrowers

USD 257,254.23 Portfolio

Active Product

Consum (USD)

2,774 Borrowers

USD 2,109,772 Portfolio

Active Product

HomeImp(KHR)

1,142 Borrowers

USD 363,827.14 Portfolio

Active Product

HomeImp(USD)

2,053 Borrowers

USD 2,216,120 Portfolio

Active Product

SolCred(KHR)

196,385 Borrowers

USD 38,898,987.34 Portfolio

Active Product

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility
Biodigester Loan (USD)	USD 150 - 1,000	3 - 24	20% - 40%	20% - 40%	Any Purpose	Women, Men, Have business, Have home or land, Salaried worker
Business Loan (KHR)	KHR 1,000,000 - 40,000,000	3 - 24	60% - 80%	0% - 20%	Business	Women, Men, Have business, Have home or land
Business Loan (USD)	USD 100 - 10,000	0	60% - 80%	20% - 40%	Business	Women, Men
Consumption Loan (KHR)	KHR 1,000,000 - 20,000,000	3 - 24	60% - 80%	20% - 40%	Consumer, Education	Women, Men, Have business, Have home or land, Salaried worker
Consumption Loan (USD)	USD 100 - 5,000	3 - 24	60% - 80%	20% - 40%	Consumer, Education	Women, Men, Have business, Have home or land, Salaried worker
Home Improvement Loan (KHR)	KHR 1,000,000 - 40,000,000	3 - 36	60% - 80%	20% - 40%	Housing	Women, Men, Have business, Have home or land, Salaried worker
Home Improvement Loan (USD)	USD 100 - 10,000	3 - 36	60% - 80%	20% - 40%	Housing	Women, Men, Have business, Have home or land, Salaried worker
Solidarity Credit Loan (KHR)	KHR 5,000 - 1,000,000	6 - 12	80% - 100%	0% - 20%	Any Purpose	Women, Men

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Biodigester Loan (USD)	14.4% annual, Decl Bal	None	N/A	0%	0%	N/A
Business Loan (KHR)	30.0%-42.0% annual, Decl Bal	None	N/A	0%	0%	N/A
Business Loan (USD)	2.5%-3.0% annual, Decl Bal	None	N/A	0%	0%	N/A
Consumption Loan (KHR)	30.0%-42.0% annual, Decl Bal	None	N/A	0%	0%	N/A
Consumption Loan (USD)	22.8%-37.2% annual, Decl Bal	None	N/A	0%	0%	N/A
Home Improvement Loan (KHR)	30.0%-42.0% annual, Decl Bal	None	N/A	0%	0%	N/A
Home Improvement Loan (USD)	21.6%-37.2% annual, Decl Bal	None	N/A	0%	0%	N/A
Solidarity Credit Loan (KHR)	36.0%-42.0% annual, Decl Bal	None	N/A	0%	0%	N/A

Institution Price Graph

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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

FINCA Malawi Ltd Private Mail Bag 382ChichiriBlantyre, SouthernPO Box 382

Data approved: 2012-12-01

Data version: 2

Age of data: 137 months

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Product

Village Banking Loan Product 2 of 3 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (MWK)	MWK 731,660,000
Portfolio (USD)	USD 1,876,051.28
Active Clients with Loans	20,635
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	0% - 20%

Methodology

Individual
Solidarity group	x
Village banking	x
Self help group
Other

Description

Village banking loan is given to a group of business people. Minimum number of members is 10, but for a new group the members range between 15 to 30. The repayment is bi-weekly and monthly, and there are group guarantees.

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	x
Workplace visits	x
Business training	x
Other training	x
Other	Team work, etc.
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	22
# Regions for this product	26
Regions Active	Dedza, Dowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Ntcheu, Ntchisi, SalimaKaronga, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, Chiradzulu, MachingaMangochi, Mulanje, Mwanza, Nsanje, Thyolo, Phalombe, Zomba, Neno

Loan Conditions

Loan Amount

Currency	MWK
Minimum loan size	MWK 5,000
Maximum loan size	400,000

Distribution at Disbursement (Est.)

Loans less than MWK 50,000	50%
MWK 50,000-150,000	30%
MWK 150,000-250,000	10%
MWK 250,000-350,000	5%
MWK 350,000-450,000	5%
Greater than MWK 450,000	5%

Loan Term and Grace Period

Shortest loan term	4.0 months
Longest loan term	6.0 months
Approx average	4.0 months

Distribution at Disbursement (Est.)

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

Grace Period

Grace period usage	30%
Average grace period	2.0 months

Repayment Frequency

Daily
Weekly
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	7.00%
Highest quoted nominal interest	7.50%
Reason(s) why interest rate varies	Based on # of group members. <20 =7.5%pm, >20= 7%pm
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Insurance Premium
% of loan amount - min	0.50%
% of loan amount - max	0.50%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	No
Do borrowers control deposit in their group?	No

Deposit BEFORE or AT Disbursement

% loan amount deposited	10.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Village Banking Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5	Sample 6
Loan Amount	MWK 10,000	MWK 30,000	MWK 45,000	MWK 100,000	MWK 200,000	MWK 300,000
Loan Cycle (1, 2, 3, etc)	1	1	6	7	9	9
Disbursement Date	2012-10-23	2012-10-24	2012-11-28	2012-10-19	2012-11-29	2012-11-30
Loan Term (Months)	3.7 months	4.0 months	4.1 months	3.9 months	3.9 months	4.1 months
Grace Period (Months)	0.0 months	0.2 months	0.1 months	0.2 months	0.1 months	0.1 months
Total Cost of Credit	MWK 1,809.84	MWK 5,429.60	MWK 8,967.16	MWK 18,098.72	MWK 36,197.44	MWK 59,781
True Price by Comp
Interest price component	96.1%	86.1%	83.5%	87.4%	90.1%	83.5%
Fee Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Insurance Component	3.0%	2.7%	2.4%	2.8%	2.9%	2.4%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	19.0%	16.1%	14.0%	16.4%	17.1%	14.0%
Full APR (int fee ins tax dep)	118.1%	104.9%	99.9%	106.6%	110.1%	99.9%
Transparency Index	71	80	84	79	76	84

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

Village Banking Loan 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:
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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

Village Banking Loan samples

Village Banking Loan Price Graphs

Total Borrowers of Samples

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