| Number borrowers | 30,205 |
| Loan Amount (range) | PKR 15,000 - 40,000 |
| Loan Term (range) | 6 - 18 |
| Other Services (text summary) | Credit Educ, Group Mtgs, Tech Asst Visits, Other Training |
| Annual Interest & Method | 20.0% annual, Decl Bal |
| Fees | 350.00 upfront 150.00-300.00 upfront |
| Insurance | None |
| Tax | None |
| Comp Dep | N/A |
| Range of pricing | |
| Interest Price Component | 18.9% - 19.9% |
| Fee Component | 2.7% - 5.0% |
| Insurance Component | 0 |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 23.7% - 24.7% |
| Transparency Index (min/max) | 0 - N/A |
| Transparency Index (average) | N/A |
| 200 |
| PHP 30,000 - 150,000 |
| 12 - 36 |
| 30.0% annual, Decl Bal |
| 3.00% ongoing 5.00% ongoing |
| None |
| None |
| 10.0% upfront |
| N/A |
| 52.1% - 63.4% (Int+Fee) |
| 0 - 21.6% |
| 0 |
| 59.6% - 74.7% |
| 25 - 50 |
| 47 |
| Outstanding portfolio (PKR) | PKR 313,218,016 |
| Portfolio (USD) | USD 3,196,102.20 |
| Active Clients with Loans | 30,205 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 0 |
| Individual | |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | x |
| Business training | |
| Other training | x |
| Other | |
| Other (2) | |
| No other services | x |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 1 |
| # Regions for this product | 1 |
| Regions Active | Punjab |
| Outstanding portfolio (PHP) | PHP 4,800,000 |
| Portfolio (USD) | USD 114,832.54 |
| Active Clients with Loans | 200 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | x |
| Village banking | x |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | Productive assets |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services | x |
| 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) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | PKR |
| Minimum loan size | PKR 15,000 |
| Maximum loan size | 40,000 |
| Loans less than PKR 10,000 | 0 |
| PKR 10,000-25,000 | 100% |
| PKR 25,000-50,000 | 0 |
| PKR 50,000-75,000 | 0 |
| PKR 75,000-150,000 | 0 |
| Greater than PKR 150,000 | 0 |
| Shortest loan term | 6.0 months |
| Longest loan term | 18.0 months |
| Approx average | DK |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 70% |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 0 |
| Between 13 and 18 months | 30% |
| Longer than 18 months | 0 |
| Grace period usage | 100% |
| Average grace period | DK |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | x |
| Every 6 months | x |
| Every 12 months | x |
| Single end payment | x |
| Irregular payments |
| Currency | PHP |
| Minimum loan size | PHP 30,000 |
| Maximum loan size | 150,000 |
| Shortest loan term | 12.0 months |
| Longest loan term | 36.0 months |
| Approx average | 24.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 20.00% |
| Highest quoted nominal interest | 20.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | CIB and Document Charges | Behbood Fund | |
| % of loan amount - min | 0 | 0 | |
| % of loan amount - max | 0 | 0 | |
| OR, Fixed amount - min | 350 | 150 | |
| Fixed amount - max | 350 | 300 | |
| Reason for variation | N/A | First time loanee pays 150. Subsequent loan is charged 300. | |
| Appears on Repayment Sched? | Yes | No |
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Lowest quoted nominal interest | 2.50% |
| Highest quoted nominal interest | 2.50% |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | Service Charge | Development Cost | |
| % of loan amount - min | 3.00% | 5.00% | |
| % of loan amount - max | 3.00% | 5.00% | |
| OR, Fixed amount - min | 0 | 0 | |
| Fixed amount - max | 0 | 0 | |
| Reason for variation | amortized over the loan term | amortized over the loan term | |
| Appears on Repayment Sched? | No | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | |
| Do borrowers control deposit in their group? |
| % loan amount deposited | 10.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 4.00% |
| Maximum interest rate paid | 4.00% |
| Interest payment frequency | Quarterly |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | PKR 20,000 | PKR 25,000 | PKR 25,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-12-23 | 2013-12-23 | 2013-11-23 | ||
| Loan Term (Months) | 12.0 months | 12.0 months | 12.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | PKR 2,732 | PKR 3,291 | PKR 3,291 | ||
| True Price by Comp | |||||
| Interest price component | 19.9% | 19.9% | 19.9% | ||
| Fee Component | 4.8% | 3.8% | 3.9% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 24.7% | 23.7% | 23.8% | ||
| Transparency Index | N/A | N/A | N/A | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
|---|---|---|---|---|---|---|---|
| Loan Amount | PHP 21,500 | PHP 46,000 | PHP 100,000 | PHP 150,000 | |||
| Loan Cycle (1, 2, 3, etc) | 1 | Not Known | 1 | Not Known | |||
| Disbursement Date | 2010-11-15 | 2011-02-15 | 2011-04-11 | 2011-05-11 | |||
| Loan Term (Months) | 12.0 months | 36.0 months | 36.0 months | 36.0 months | |||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||
| Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | |||
| True Price by Comp | |||||||
| Interest and Fee Component | 63.4% | 52.1% | 52.6% | 53.4% | |||
| Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
| Deposit Component | 11.3% | 7.5% | 7.7% | 7.9% | |||
| Full APR (int fee ins tax dep) | 74.7% | 59.6% | 60.3% | 61.3% | |||
| Transparency Index | 40 | 50 | 50 | 49 | |||
| Original Repayment Schedule | |||||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
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