Institution # Borrowers Portfolio (US$) Products Age of Data
Actuar Caldas3,7005,247,0001161
Actuar Quindio2,3002,800,0002161
Actuar Tolima8,8005,099,0003161
Amanecer4,3008,253,0004161
Banco Agrario56,30039,938,0003161
Banco WWB219,400294,019,0005156
Bancolombia36,20051,563,0001161
BdO10,4007,945,0002161
Comerciacoop1,6003,255,0004161
Confiar43,80081,993,0007161
Congente5,40020,045,0002161
Contactar25,10020,184,0002161
Crezcamos27,50022,564,0004161
Finamerica39,80099,536,0007161
FMM Popayán310,000243,614,0003161
FMSD6,8009,236,0006161
Fomentamos900102,0001161
Fund DeLaMujer199,900165,568,0001161
Fund Oleoductos500435,0001156
FUNDAUNIBAN6001,307,0002161
FUNDESAN2,4002,521,0005161
FUNDESMAG1,0001,698,0002161
Interactuar30,20093,846,0004161
MEDA15,60027,322,0002161
ProCredit CO5,70018,569,0003161
  2. Share
Please note that the information you are viewing is 134 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

SHARE Microfin Limited 1-224/58Rajeev Nagar, NacharamHyderabad, Andhra pradesh500076
Data approved: 2011-05-11
Data version: 1
Age of data: -   months 
Choose version

Product

Joint Liability Group Loan Product 1 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 20,531,439,218
Portfolio (USD)USD 456,254,204.80
Active Clients with Loans2,526,432
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Joint Liability Group loans are provided to the poor women for the income genarating activities individually and repayments are ensured by the group of 5 members identified by themselves.\r
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Otheronly for Income Generating Activities
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visitsx
Business training
Other training
OtherHealth Insurance Services
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
Must own a home or landx
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
OtherQualify for a test on Financial education
Other (2)Training provided on Financial education
# 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
CurrencyINR
Minimum loan sizeINR 2,000
Maximum loan size25,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term12.0 months
Approx average12.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
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 interest19.78%
Highest quoted nominal interest24.55%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionUpfront Interest
% of loan amount - min0
% of loan amount - max2.48%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
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 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

Full Pricing Data

Joint Liability Group Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountINR 3,000INR 5,000INR 10,000INR 15,000INR 20,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2010-05-182010-03-232010-08-312010-08-142010-08-11
Loan Term (Months)11.7 months11.7 months11.7 months11.7 months11.7 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component34.8%34.8%34.8%34.8%34.8%
Insurance Component1.2%1.2%1.2%1.2%1.2%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)35.9%35.9%35.9%35.9%35.9%
MFIN MFI Earning (Annualised)34.8%34.8%34.8%34.8%34.8%
MFIN Cost to Borrower (Annualised)35.9%35.9%35.9%35.9%35.9%
Transparency Index5555555555
MFIN Transparency IndexN/AN/AN/AN/A100
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Joint Liability Group Loan Price Graphs


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
Loading...
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

Total Borrowers of Samples

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