2. CSC
Please note that the information you are viewing is 108 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. CCT
Please note that the information you are viewing is 153 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Community Support Concern 319-4/D-1, Green TownLahore, Punjab54770
Data approved: 2013-05-21
Data version: 1
Age of data: -   months 
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Institution

CCT Credit Cooperative 5/F Joshua Center1428 Taft Avenue, ErmitaManila, NCR1000
Data approved: 2011-11-15
Data version: 1
Age of data: 153 months

Product

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Product

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Product Summary

Number borrowers18,585
Loan Amount (range)PKR 15,000 - 50,000
Loan Term (range)12
Other Services (text summary)Credit Ins
Annual Interest & Method20.0% annual, Flat
Fees1.00% upfront
Insurance4.00% upfront
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component37.7% - 38.9%
Fee Component2.2%
Insurance Component8.9% - 9.2%
Tax Component Range0
Full APR (int fee ins tax dep)48.8% - 50.3%
Transparency Index (min/max)0 - N/A
Transparency Index (average)N/A

Product Summary

30,060
PHP 4,000 - 50,000
3.5
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Values Development, Personal Counselling and Life Skills Training, Health Care
37.6% annual, Flat
2.00% upfront
None
None
20.0% upfront 50.00 ongoing
 
N/A
92.2% (Int+Fee)
0
0
139.9%
8 - 32
27

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 282,773,124
Portfolio (USD)USD 2,885,440.04
Active Clients with Loans18,585
Approximate % Female Clients80% - 100%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity group
Village banking
Self help group
Other
Description
Microloan ranges from PRK 15,000-75,000.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
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
Men
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 institution1
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 164,394,434
Portfolio (USD)USD 3,932,881.20
Active Clients with Loans30,060
Approximate % Female Clients80% - 100%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Additional Capital for existing business
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
OtherValues Development, Personal Counselling and Life Skills Training
Other (2)Health Care
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried worker
Must be specific age group
OtherMust be community resident for at least 5 years
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
CurrencyPKR
Minimum loan sizePKR 15,000
Maximum loan size50,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,0000
PKR 10,000-25,00040%
PKR 25,000-50,00060%
PKR 50,000-75,0000
PKR 75,000-150,0000
Greater than PKR 150,0000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term12.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
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
CurrencyPHP
Minimum loan sizePHP 4,000
Maximum loan size50,000
Loan Term and Grace Period
Shortest loan term3.5 months
Longest loan term3.5 months
Approx average3.5 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 interest20.00%
Highest quoted nominal interest20.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionStationary Charges
% 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
Ins 1
DescriptionRisk coverage charges
% of loan amount - min4.00%
% of loan amount - max4.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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

Pricing Information

Interest
Lowest quoted nominal interest3.13%
Highest quoted nominal interest3.13%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min2.00%
% of loan amount - max2.00%
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 50
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No
Additional Comments
Withdrawals are allowed beyond 2% retention rate. For periodic savings, P5 for loans below P1, and P1 for loans above P1. Borrowers are entitled to a Patronage Refund on interest paid based on the Cooperative 's financial standing for the fiscal year. This is declared every April of the following year.

Full Pricing Data

Microloan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountPKR 20,000PKR 30,000PKR 45,000PKR 45,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-03-262013-04-222013-04-292013-05-27
Loan Term (Months)12.0 months12.0 months11.0 months11.0 months
Grace Period (Months)-0.5 months-0.5 months-0.7 months-0.7 months
Total Cost of CreditPKR 5,000PKR 7,500PKR 11,250PKR 11,250
True Price by Comp       
Interest price component37.8%37.7%38.9%38.8%
Fee Component2.2%2.2%2.2%2.2%
Insurance Component8.9%8.9%9.2%9.2%
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)48.9%48.8%50.3%50.2%
Transparency IndexN/AN/AN/AN/A
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Regular Business Loan 4 months samples
Sample 1Sample 2Sample 3
Loan AmountPHP 8,000PHP 14,000PHP 50,000
Loan Cycle (1, 2, 3, etc)5610
Disbursement Date2011-07-262011-07-262011-07-25
Loan Term (Months)4.0 months4.0 months4.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component92.2%92.2%92.2%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component47.7%47.7%47.7%
Full APR (int fee ins tax dep)139.9%139.9%139.9%
Transparency Index272727
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Microloan Price Graphs


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Regular Business Loan 4 months 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
Filter table:
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