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Institution

Micro Bankers Trust Head OfficeLusaka
Data approved: 2011-12-12
Data version: 1
Age of data: 102 months

Product

Individual SME Loan Product 3 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ZMK)ZMK 291,710,362
Portfolio (USD)USD 56,369.15
Active Clients with Loans63
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This product facilitates financing for various activities, such as business or consumption. Both men and women qualify for this product. The maximum loan term is 1 year.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loanx
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
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 workerx
Must be specific age group
OtherEither run a business or be salaried
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 1,000,000
Maximum loan size10,000,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average6.0 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 interest60.00%
Highest quoted nominal interest72.00%
Reason(s) why interest rate variesPhasing out the 60% and changing it to 72%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionProcessing feeApplication form
% of loan amount - min3.00%0
% of loan amount - max3.00%0
OR, Fixed amount - min020,000
Fixed amount - max020,000
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Life Assurance
% 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

Individual SME Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountZMK 1,300,000ZMK 3,000,000ZMK 3,900,000ZMK 4,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-02-282011-02-282011-02-282011-02-28
Loan Term (Months)12.0 months12.0 months12.0 months12.0 months
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 Component70.0%68.0%67.6%67.6%
Insurance Component4.7%4.6%4.6%4.6%
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)74.7%72.6%72.3%72.2%
Transparency Index80838383
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Individual SME Loan Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
Adhikar35,3002,674,000177
AMPL00077
Arman41,500529,107,000177
Arohan43,5008,091,000277
ASA INDIA164,00015,380,000177
Asirvad113,50019,328,000177
Asmitha1,114,800217,867,000177
Bandhan4,048,600674,564,000577
Belstar123,00023,945,000256
BSFL275,20031,590,000377
Chaitanya20,7003,748,000377
Disha Microfin69,00014,332,000277
Equitas1,220,000186,415,000477
ESAF354,20043,500,000577
FFSL150,60035,719,000277
Fusion66,8009,820,000277
Grama Vidiyal738,200102,101,000177
Grameen Koota586,60083,555,0001579
Janalakshmi506,000119,077,000277
L & T Finance399,80037,199,000177
MFL331,80049,083,000177
MMFL175,00023,752,000277
Mpower13,6002,263,000277
Sahayata00077
Saija24,7004,682,000277
Samasta45,5004,809,000277
Satin405,60090,174,000277
SCCI115,60015,910,000277
Share2,195,400376,727,000177
SKS3,409,000355,029,000277
SMILE360,20056,927,000177
SNFL9,4001,779,000177
Sonata Finance158,20022,724,000379
Spandana533,400147,240,000277
Suryoday78,60014,713,000377
SVCL118,20018,886,000177
Swadhaar92,80017,166,000377
Trident68,7008,852,000177
Ujjivan913,300160,848,000577
Utkarsh168,60025,915,000377
VFS175,40019,264,000277
Asomi50,3004,743,0002110
AES India3,600286,0001110
Arth2,900611,0002110
Asomi50,3004,743,0002110
Barasat GS1,10099,508.021110
BJS6,000468,0001110
Cashpor417,00050,452,0001109
Credible10,0001,669,540.362110
DIBAKAR1,800145,0001109
GOF65,2005,388,0004109
Hope62,6004,407,0001107
Jaago2,700237,0001108
LOK4,900573,0001109
Nano25,6003,660,0002110
NBSAAVS28,1002,821,0001107
Nirantara8,200917,0002109
Parama7,100482,0001109
Pragathi26,2004,579,0006109
PWMACS36,5005,946,0001109
Saadhana90,90012,046,0002109
Sambhav1,500183,0003109
Seba Rahara6,700468,0001109
SU61,1005,498,0001109
Swayanshree7,900918,0002109
Vikas Samiti1,600168,0001109
Vistaar4,3001,157,0002107
We The People1,100244,0002109
WEMCS1,10085,0001109
Yukti1,10099,0002109
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
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