Please note that the information you are viewing is 106 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Advans Pakistan Microfinance Bank Ltd. Bahria I complex, Lalazar Area, M.T. Khan RoadKarachi, Sindh
Data approved: 2015-04-16
Data version: 2
Age of data: 106 months

Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.advanspakistan.com
Year established2012
Head of InstitutionTariq Khan Baluch
Regions activeSindh
# Branches3

Total Portfolio (nat'l)PKR 142,708,138
Total Portfolio (USD)USD 1,401,393.92
Active clients with loans1,872
Approximate % female clients0% - 20%
Approximate % urban clients100%
Network affiliationsAPMBL is a subsidiary of the Advans group
FundersAdvans SA, FMO

Loan Products » Summary

1,413 Borrowers
USD 594,116.78 Portfolio
Active Product
370 Borrowers
USD 764,186.69 Portfolio
Low Volume Product
89 Borrowers
USD 43,090.45 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
Karobar Sanwaro PKR 10,000 - 150,000 3 - 18 0% - 20% 100% Business Women, Men, Have business, Specific age group, Age bracket is 18 to 60 Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Karobar Sanwaro 41.0% annual, Decl Bal 1 Fee 1 Ins None N/A 42.5% - 44.2% 44.3% - 46.8% 89
Institution Price Graph
Please note that the information you are viewing is 132 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

EB ACCION Savings and Loans Ltd No. 4 Nortei Ababio Street Roman RidgePMB CT 127, CantonmentsAccra, Greater Accra
Data approved: 2013-07-31
Data version: 1
Age of data: 132 months

Product

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Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 148,203.62
Portfolio (USD)USD 75,230.26
Active Clients with Loans407
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Designed for solidarity groups mainly in rural and peri-urban areas. Groups are 5-8 people in size.
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
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution3
# Regions for this product2
Regions ActiveGreater Accra Region, Eastern Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 600
Maximum loan size3,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,000100%
GHS 1,000-5,0000
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx averageDK
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months100%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage70%
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 interest4.00%
Highest quoted nominal interest4.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min1.50%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationFee increased from 1.5% to 2.0% in March 2013.
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min0.55%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationFee increased from 0.55% to 1.0% in July 2013.
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forSome
CriteriaRequired if physical collateral provided is not sufficient. Ongoing is 2.5 GHS pw for weekly loans, 10 GHS for monthly loans
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited0 - 20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedGHS 2.50 - GHS 10
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid6.00%
Maximum interest rate paid6.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

Group samples
Sample 1Sample 2Sample 3
Loan AmountGHS 500GHS 800GHS 1,800
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-06-122013-02-282013-02-28
Loan Term (Months)6.0 months6.0 months6.0 months
Grace Period (Months)0.5 months0.1 months0.1 months
Total Cost of CreditGHS 133.11GHS 198.90GHS 447.60
True Price by Comp     
Interest price component67.6%69.9%69.9%
Fee Component6.5%7.2%7.2%
Insurance Component1.8%2.0%2.0%
Tax Component0.0%0.0%0.0%
Deposit Component35.7%39.7%36.0%
Full APR (int fee ins tax dep)111.6%118.8%115.1%
Transparency Index434042
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
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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:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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