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Institution

ESAF Microfinance & Investments (P) LTD No 5A 5th FloorPurasawalkamChennai, Tamil Nadu600084
Data approved: 2013-01-10
Data version: 3
Age of data: 92 months
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Product

Income Generation Loan 2+ Product 5 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 781,127,198.80
Portfolio (USD)USD 14,738,249.03
Active Clients with Loans44,043
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Loan given for income generation purpose, which is higher than Rs. 15000
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 insurance
Workplace visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Household income <60,000 INRx
Household income <120,000 INRx
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 institution5
# Regions for this product5
Regions ActiveChhattisgarh, Kerala, Madhya Pradesh, Maharashtra, Tamil Nadu

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 16,000
Maximum loan size30,000
Distribution at Disbursement (Est.)
Loans less than INR 5,0000
INR 5,000-15,0000
INR 15,000-25,00090%
INR 25,000-35,00010%
INR 35,000-45,0000
Greater than INR 45,0000
Loan Term and Grace Period
Shortest loan term24.0 months
Longest loan term24.0 months
Approx average24.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months100%
Grace Period
Grace period usage100%
Average grace period0.3 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
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 interest26.00%
Highest quoted nominal interest26.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
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?Yes
Percentage of fees12.4%
All or some fees taxedAll

Full Pricing Data

Income Generation Loan 2+ samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountINR 26,000INR 27,000INR 26,000INR 30,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-03-052013-03-162012-11-222013-05-19
Loan Term (Months)24.0 months24.0 months24.0 months24.0 months
Grace Period (Months)-0.2 months-0.2 months0.0 months0.0 months
Total Cost of CreditINR 5,719.90INR 5,963.90INR 5,731.14INR 6,700.08
True Price by Comp       
Interest price component27.2%27.2%26.7%26.8%
Fee Component1.5%1.4%1.5%1.4%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.2%0.2%0.1%0.2%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)28.9%28.8%28.3%28.4%
MFIN MFI Earning (Annualised)28.7%28.6%28.2%28.2%
MFIN Cost to Borrower (Annualised)28.9%28.8%28.3%28.4%
Transparency Index90909291
MFIN Transparency Index96969797
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Income Generation Loan 2+ Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
Adhikar35,3002,674,000192
AMPL00092
Arman41,500529,107,000192
Arohan43,5008,091,000292
ASA INDIA164,00015,380,000192
Asirvad113,50019,328,000192
Asmitha1,114,800217,867,000192
Bandhan4,048,600674,564,000592
Belstar123,00023,945,000271
BSFL275,20031,590,000392
Chaitanya20,7003,748,000392
Disha Microfin69,00014,332,000292
Equitas1,220,000186,415,000492
ESAF354,20043,500,000592
FFSL150,60035,719,000292
Fusion66,8009,820,000292
Grama Vidiyal738,200102,101,000192
Grameen Koota586,60083,555,0001594
Janalakshmi506,000119,077,000292
L & T Finance399,80037,199,000192
MFL331,80049,083,000192
MMFL175,00023,752,000292
Mpower13,6002,263,000292
Sahayata00092
Saija24,7004,682,000292
Samasta45,5004,809,000292
Satin405,60090,174,000292
SCCI115,60015,910,000292
Share2,195,400376,727,000192
SKS3,409,000355,029,000292
SMILE360,20056,927,000192
SNFL9,4001,779,000192
Sonata Finance158,20022,724,000394
Spandana533,400147,240,000292
Suryoday78,60014,713,000392
SVCL118,20018,886,000192
Swadhaar92,80017,166,000392
Trident68,7008,852,000192
Ujjivan913,300160,848,000592
Utkarsh168,60025,915,000392
VFS175,40019,264,000292
Asomi50,3004,743,0002125
AES India3,600286,0001125
Arth2,900611,0002125
Asomi50,3004,743,0002125
Barasat GS1,10099,508.021125
BJS6,000468,0001125
Cashpor417,00050,452,0001124
Credible10,0001,669,540.362125
DIBAKAR1,800145,0001124
GOF65,2005,388,0004124
Hope62,6004,407,0001122
Jaago2,700237,0001123
LOK4,900573,0001124
Nano25,6003,660,0002125
NBSAAVS28,1002,821,0001122
Nirantara8,200917,0002124
Parama7,100482,0001124
Pragathi26,2004,579,0006124
PWMACS36,5005,946,0001124
Saadhana90,90012,046,0002124
Sambhav1,500183,0003124
Seba Rahara6,700468,0001124
SU61,1005,498,0001124
Swayanshree7,900918,0002124
Vikas Samiti1,600168,0001124
Vistaar4,3001,157,0002122
We The People1,100244,0002124
WEMCS1,10085,0001124
Yukti1,10099,0002124
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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