2. Kungoma
Please note that the information you are viewing is 157 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Kungoma Financial Services Ltd Permanent House, 1st floor room 145L, along Cairo RoadLusaka
Data approved: 2011-12-12
Data version: 1
Age of data: 157 months

Product

Personal loan Product 1 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ZMK)ZMK 29,059,535
Portfolio (USD)USD 5,615.37
Active Clients with Loans13
Approximate % Female Clients20% - 40%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
The personal loan is available to everybody, also non-salaried workers.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherMostly used for business
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherReliable income or some kind of collateral
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
CurrencyZMK
Minimum loan sizeZMK 500,000
Maximum loan size5,000,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term12.0 months
Approx average3.0 months
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

Pricing Information

Interest
Lowest quoted nominal interest15.00%
Highest quoted nominal interest15.00%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionManagement fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min25,000
Fixed amount - max25,000
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
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

Full Pricing Data

Personal loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountZMK 600,000ZMK 1,000,000ZMK 1,300,000ZMK 1,900,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-05-082011-05-052011-05-252011-05-18
Loan Term (Months)1.0 month1.0 month1.0 month1.0 month
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component235.1%211.0%202.9%194.4%
Insurance Component30.0%29.0%28.6%28.3%
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)265.1%240.0%231.5%222.7%
Transparency Index68757881
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Personal loan Price Graphs


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  2. Chaitanya
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

Chaitanya India Fin Credit Pvt Ltd #169, 1st Floor, 5th MainChamarajpetBangalore, Karnataka560018
Data approved: 2012-01-09
Data version: 2
Age of data: -   months 
Choose version

Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?N/A
Website addresshttp://www.chaitanyaindia.in/
Year established2009
Head of InstitutionAnand Rao
Regions active0
# Branches10

Total Portfolio (nat'l)INR 125,831,377
Total Portfolio (USD)USD 2,796,252.82
Active clients with loans14,873
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliations

Loan Products » Summary

2 Year Asset Loan
79 Borrowers
USD 41,994 Portfolio
Active Product
2D Business
461 Borrowers
USD 173,779 Portfolio
Active Product
3D Business
1,840 Borrowers
USD 716,088 Portfolio
Active Product
One Year
749 Borrowers
USD 211,262 Portfolio
Active Product
Business Loan
Retired Product
Business Loan BH 01
Retired Product
Business Loan JK 01
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
2 Year Asset Loan INR 16,000 - 30,000 24 - 30 80% - 100% 0% - 20% Income Generating Aseet Purchase Women Credit Educ, Group Mtgs, Tech Asst Visits, Business Training
2D Business Loan INR 6,000 - 25,000 24 - 30 80% - 100% 0% - 20% Business, Income Generating Activities Women
3D Business Loan INR 6,000 - 25,000 24 - 30 80% - 100% 0% - 20% Business, Income Generating Activities Women
One Year Business Loan INR 5,000 - 15,000 12 80% - 100% 0% - 20% Any Purpose, Mainly for Income Generating Activities Women, Should be used in Income Generating Activities Credit Educ, Group Mtgs, Credit Ins

Loan Products » MFIN India Additional Information

Product Name APR (int) MFIN MFI Earning (Annualised) MFIN Cost to Borrower (Annualised) COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM MFIN Transparency Index
2 Year Asset Loan 0% 26.4% - 26.5% 28.6% N/A
2D Business Loan 0% 24.3% 25.1% N/A
3D Business Loan 0% 25.8% 26.7% N/A
One Year Business Loan 0% 27.4% - 27.5% 29.4% - 29.7% N/A
*Please click here for more information

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
2 Year Asset Loan 25.4% annual, Decl Bal 1 Fee 0 Ins None N/A 26.4% - 26.5% 28.6% 89
2D Business Loan 25.4% annual, Decl Bal 1 Fee 1 Ins None N/A 24.3% 25.1% 100
3D Business Loan 25.4% annual, Decl Bal 1 Fee 0 Ins None N/A 25.8% 26.7% 95
One Year Business Loan 25.4% annual, Decl Bal 2 Fees 0 Ins None N/A 27.4% - 27.5% 29.4% - 29.7% 86
Institution Price Graph
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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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