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Institution

ESAF Microfinance & Investments (P) LTD NO. 5A, 5th FLOORPURASAWALKAMChennai, Tamil Nadu600084
Data approved: 2010-10-25
Data version: 2
Age of data: -   months 

Product

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Product Details

Key Statistics
Outstanding portfolio (INR)INR 3,391,515
Portfolio (USD)USD 75,367
Active Clients with Loans363
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
To meet the cost of construction of hygienic toilets\r
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Otherfor sanitation Purposes
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business training
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 INR
Household income <120,000 INR
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 6,000
Maximum loan size12,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term24.0 months
Approx average12.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest15.00%
Highest quoted nominal interest15.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
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 variation
Appears on Repayment Sched?No
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

Nirmal samples
Sample 1Sample 2Sample 3
Loan AmountINR 10,000INR 10,000INR 10,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2010-04-062010-04-122010-04-14
Loan Term (Months)11.7 months11.7 months11.7 months
Grace Period (Months)1.0 month1.0 month1.0 month
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component28.2%28.2%28.2%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)28.2%28.2%28.2%
MFIN MFI Earning (Annualised)28.2%28.2%28.2%
MFIN Cost to Borrower (Annualised)28.2%28.2%28.2%
Transparency Index535353
MFIN Transparency IndexN/AN/AN/A
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Nirmal Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011164
ANED5,4006,579,0003122
Banco FIE231,100569,322,0006122
BancoSol215,300861,418,00030122
CIDRE8,500126,578,0008122
Coop Fatima6,30044,280,0007164
CRECER166,900134,626,00013122
Diaconia67,00085,734,0002122
Ecofuturo59,200226,839,0005122
EMPRENDER8,7002,380,0003164
Fassil FFP57,600325,081,0005122
FONCRESOL3,9009,573,0003122
FONDECO14,20024,274,0003122
Fortaleza20,100164,530,00013122
FUBODE29,40024,444,0007122
FUNBODEM8,60015,798,0009122
IDEPRO10,40040,479,0002122
IMPRO2,4002,885,0004122
ProCredit84,300257,487,0008164
PRODEM44,90062,529,0004122
ProMujer BOL115,20050,753,0003122
Sartawi14,60026,842,0008122
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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