Please note that the information you are viewing is 124 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Soon Valley Development Program Sakesar Road, Naushera, Tehsil & District, KhushabNaushera, PunjabN/A
Data approved: 2013-08-15
Data version: 1
Age of data: 124 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addressN/A
Year established1996
Head of InstitutionMr Gulbaz Afaqi
Regions activePunjab
# Branches3

Total Portfolio (nat'l)PKR 85,584,088
Total Portfolio (USD)USD 873,307.02
Active clients with loans4,193
Approximate % female clients20% - 40%
Approximate % urban clients0
Network affiliationsPakistan Microfinance Network, PMFN, MONPAK, HRDN
FundersPakistan Poverty Alleviation Fund, One UN GRIP, OPP/OCT

Loan Products » Summary

758 Borrowers
USD 157,870.14 Portfolio
Active Product
384 Borrowers
USD 56,569.42 Portfolio
Active Product
1,065 Borrowers
USD 306,122.45 Portfolio
Active Product
128 Borrowers
USD 14,183.67 Portfolio
Active Product
774 Borrowers
USD 141,408.31 Portfolio
Active Product
753 Borrowers
USD 124,883.97 Portfolio
Active Product
2 Borrowers
USD 714.29 Portfolio
Low Volume Product
4 Borrowers
USD 1,020.41 Portfolio
Low Volume Product
7 Borrowers
USD 4,081.63 Portfolio
Low Volume Product
11 Borrowers
USD 2,806.12 Portfolio
Low Volume Product
3 Borrowers
USD 816.33 Portfolio
Low Volume Product
2 Borrowers
USD 612.24 Portfolio
Low Volume Product
11 Borrowers
USD 903.21 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture PKR 20,000 - 75,000 6 - 18 20% - 40% 0% Agriculture Women, Men
Livestock PKR 15,000 - 30,000 12 40% - 60% 0% Business Women, Men
Livestock Fattening PKR 20,000 - 30,000 6 - 11 40% - 60% 0% Business Women, Men Credit Ins, Tech Asst Visits
Handicrafts PKR 15,000 - 30,000 12 80% - 100% 0% Business Women, Men, Have business
Trade Business PKR 10,000 - 70,000 12 20% - 40% 0% Business Women, Men, Have business
Solar Lighting PKR 15,000 - 30,000 6 - 12 20% - 40% 0% Any Purpose Women, Men

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture 21.0%-24.0% annual, Flat 1 Fee 0 Ins None N/A 40.7% 40.7% N/A
Livestock 21.0%-24.0% annual, Flat 1 Fee 0 Ins None N/A 40.7% - 40.9% 40.7% - 40.9% N/A
Livestock Fattening 21.0%-24.0% annual, Flat 1 Fee 1 Ins None None 25.8% 29% N/A
Handicrafts 21.0%-24.0% annual, Flat 1 Fee 0 Ins None N/A 40.3% - 40.9% 40.3% - 40.9% N/A
Trade Business 21.0%-24.0% annual, Flat 1 Fee 0 Ins None N/A 40.7% - 40.9% 40.7% - 40.9% N/A
Solar Lighting 36.0% annual, Decl Bal 1 Fee 0 Ins None N/A 40.3% - 40.9% 40.3% - 40.9% N/A
Institution Price Graph
Please note that the information you are viewing is 150 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Wasasa MFI AlemgenaOromiaP O Box 1192
Data approved: 2011-12-23
Data version: 1
Age of data: 150 months

Product

Enterprise Loan Product 2 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 1,331,265
Portfolio (USD)USD 72,351.36
Active Clients with Loans452
Approximate % Female Clients20% - 40%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This is a group of individuals running microenterprise activities. The group size is 5 people, with equal installments paid regularly.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visits
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust be urban or semi-urban, not for rural clients.
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
CurrencyETB
Minimum loan sizeETB 2,000
Maximum loan size10,000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term12.0 months
Approx average10.0 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 interest18.00%
Highest quoted nominal interest18.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Insurance
% 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 Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
10% compulsory savings for first cycle, 15% for subsequent cycle.

Full Pricing Data

Enterprise Loan samples
Sample 1Sample 2Sample 3
Loan AmountETB 2,000ETB 4,000ETB 5,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2010-11-152011-09-012011-09-01
Loan Term (Months)7.9 months12.0 months12.0 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 Component33.8%32.1%32.1%
Insurance Component3.1%2.0%2.0%
Tax Component0.0%0.0%0.0%
Deposit Component7.0%6.1%6.1%
Full APR (int fee ins tax dep)43.9%40.2%40.2%
Transparency Index414545
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Enterprise Loan Price Graphs


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