Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.worldvision.org/ |
Year established | 2001 |
Head of Institution | SPENCER BADU |
Regions active | 0 |
# Branches | 7 |
Total Portfolio (nat'l) | GHS 1,527,689 |
Total Portfolio (USD) | USD 1,018,459.33 |
Active clients with loans | 8,772 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 0% - 20% |
Network affiliations | ASFIN, GHAMFIN, VISION FUND INTERNATIONAL |
Funders | WORLD VISION INTERNATIONAL, VISION FUND INTERNATIONAL |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Farmer Loan | GHS 200 - 7,000 | 6 - 12 | 60% - 80% | 0% - 20% | ||||||||||
Working Capital Loan | GHS 800 - 8,500 | 4 - 12 | 60% - 80% | 0% - 20% |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Farmer Loan | 39.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 45.2% - 50.6% | 54.3% - 60.1% | 68 | ||||||||||
Working Capital Loan | 39.00%-0.00% annual, Flat | 2 Fees | 1 Ins | 77.2% - 104.7% | 125.4% - 160.7% | 26 |
Outstanding portfolio (PKR) | PKR 92,852,499 |
Portfolio (USD) | USD 911,811.54 |
Active Clients with Loans | 7,465 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | 1 |
Regions Active | Punjab |
Currency | PKR |
Minimum loan size | PKR 10,000 |
Maximum loan size | 45,000 |
Loans less than PKR 10,000 | 5% |
PKR 10,000-25,000 | 80% |
PKR 25,000-50,000 | 15% |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 0 |
Greater than PKR 150,000 | 0 |
Shortest loan term | 12.0 months |
Longest loan term | 12.0 months |
Approx average | 12.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 100% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | DK |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 20.00% |
Highest quoted nominal interest | 20.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Processing Fee | Contigency Fee | |
% of loan amount - min | 3.00% | 1.00% | |
% of loan amount - max | 3.00% | 1.00% | |
OR, Fixed amount - min | 0 | 0 | |
Fixed amount - max | 0 | 0 | |
Reason for variation | N/A | N/A | |
Appears on Repayment Sched? | Yes | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Loan Amount |
Type of Sample |
Disbursement Date |
Loan Term (Months) |
Grace Period (Months) |
Total Cost of Credit |
Full APR (int fee ins tax dep) |
True Price by Component |
Transparency Index |
Original Repayment Schedule |
MFT Pricing Calculation |
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest price component |
Fee Component |
Insurance Component |
Tax Component |
Deposit Component |
||||||||||
PKR 25,000 | Real | 2014-04-05 | 12.0 months | N/A | PKR 6,000 | 42.5% | 34.5% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | ||
PKR 25,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 6,013.70 | 42.6% | 34.6% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | - | |
PKR 15,000 | Real | 2014-04-10 | 12.0 months | N/A | PKR 3,600 | 42.5% | 34.5% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | ||
PKR 15,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 3,608.22 | 42.6% | 34.6% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | - | |
PKR 10,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 2,405.48 | 42.6% | 34.6% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | - | |
PKR 14,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 3,367.67 | 42.6% | 34.6% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | - | |
PKR 18,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 4,329.86 | 42.6% | 34.6% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | - | |
PKR 22,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 5,292.05 | 42.6% | 34.6% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | - | |
PKR 30,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 7,216.44 | 42.6% | 34.6% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | - | |
PKR 40,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 9,621.92 | 42.6% | 34.6% | 8.0% | 0.0% | 0.0% | 0.0% | 47 | - |
Key Statistics | |
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# Borrowers | |
Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
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