- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
1st Valley Bank	38,900	48,291,000	3	153
AJDFI	13,100	884,000	6	153
ARDCI	44,600	9,403,000	1	153
ASA Philippines	333,400	29,282,000	1	153
ASHI	35,400	5,231,000	6	153
ASKI	60,000	15,247,000	4	153
Bangko Kabayan	8,900	2,373,000	2	153
BSEI	600	73,000	2	153
CBI	8,100	2,010,000	5	153
CCT	70,300	9,504,000	4	153
CEV	35,400	5,111,000	4	153
DSPI	59,300	3,676,000	3	153
ECLOF	5,400	1,836,000	4	153
FCB	12,000	2,392,000	2	153
FMB	2,700	710,000	2	153
GM Bank	23,500	1,553,000	3	153
HSPFI	19,100	1,899,000	2	153
JVOFI	1,300	281,000	1	153
Katipunan Bank	42,100	5,325,000	2	153
KDCI	20,500	2,095,000	3	153
KGI	32,300	3,421,000	4	153
KMBI	245,000	15,098,000	1	153
LTMPC	37,400	8,935,000	3	153
Mallig Plains	6,500	641,000	2	153
MILAMDEC	29,800	3,278,000	2	153
MWIMPC	11,800	1,740,000	4	152
NWTF	105,500	12,698,000	5	153
OFMPC	4,400	964,000	1	153
PBC	50,700	10,434,000	4	153
PCSD	700	167,000	1	153
PMPC	23,500	5,565,000	8	153
RB Angeles	900	1,502,000	2	153
RB Labason	500	289,000	1	153
RBLI	5,200	1,026,000	2	153
RBMI	11,900	1,750,000	2	153
RMB	100	173,000	1	153
RSPI	39,600	2,834,000	4	153
SAFRAGEMC	1,100	229,000	1	153
Salve	10,900	1,191,000	3	153
SEDP	27,000	3,914,000	3	153
TSKI	212,900	25,187,000	2	153
TSPI	264,500	31,290,000	7	153
Valient	1,700	672,000	2	153

Please note that the information you are viewing is 133 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Equitas 4th Floor, Temple Tower, 672 Anna Salai, NandanamChennai, Tamil Nadu600035

Data approved: 2011-01-05

Data version: 1

Age of data: - months

Download Data

Analyze Data

Product

Vidya loan - Upcountry Product 15 of 4 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (INR)	INR 138,912,130
Portfolio (USD)	USD 3,086,936
Active Clients with Loans	50,784
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	80% - 100%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

Vidya loan are offered to our member with school or college going children. This is bascially provided to pay the admission fee of member's children at the time of joining into School or college.\r

Loan Purpose

Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education	x
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings	x
Credit insurance	x
Workplace visits
Business training
Other training
Other
Other (2)
No other services

Eligibility

Men
Women	x
Must run a business	x
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 institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	INR
Minimum loan size	INR 3,000
Maximum loan size	3,000

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	12.0 months
Approx average	12.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	N/A
Between 4 and 6 months	N/A
Between 7 and 9 months	N/A
Between 10 and 12 months	N/A
Between 13 and 18 months	N/A
Longer than 18 months	N/A

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks	x
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 interest	25.50%
Highest quoted nominal interest	25.50%
Interest rate period	Yearly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	N/A
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Insurance
% of loan amount - min	0.40%
% of loan amount - max	0.40%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/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 deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Vidya loan - Upcountry samples

	Sample 1
Loan Amount	INR 3,000
Loan Cycle (1, 2, 3, etc)	Not Known
Disbursement Date	2010-07-06
Loan Term (Months)	11.2 months
Grace Period (Months)	0
Total Cost of Credit	Not Known
True Price by Comp
Interest and Fee Component	25.7%
Insurance Component	0.9%
Tax Component	0
Deposit Component	0
Full APR (int fee ins tax dep)	26.5%
MFIN MFI Earning (Annualised)	25.7%
MFIN Cost to Borrower (Annualised)	26.5%
Transparency Index	96
MFIN Transparency Index	N/A

Original Repayment Schedule	PDF
MFT Pricing Calculation	PDF

* The APR stated here is an MFTransparency term, definition and formula

Vidya loan - Upcountry Price Graphs

Click to view Price Analysis Tool

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

	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

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞