2. KWFT DTM
Please note that the information you are viewing is 135 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Kenya Women Finance Trust Deposit Taking Microfinance Ltd P.O. Box 4179 - 00506Kiambere Road, Upper HillNairobi
Data approved: 2013-06-24
Data version: 2
Age of data: 135 months
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Product

Asset Financing Loan Product 6 of 6 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (KES)KES 92,369,084
Portfolio (USD)USD 1,115,568.65
Active Clients with Loans12,383
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
OtherMembership of 15-30 individuals.
Description
Loans for new viable business ventures. Women youth in groups of 15-30 members. Security is social collateral, loan guarantee fund. Age 18-35 years. Co-funded by the state.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other trainingx
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust be willing to set up a viable business
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution8
# Regions for this product8
Regions ActiveCentral, Coast, Eastern, Nairobi, North Eastern, Nyanza, Rift Valley, Western

Loan Conditions

Loan Amount
CurrencyKES
Minimum loan sizeKES 50,000
Maximum loan size10,000,000
Distribution at Disbursement (Est.)
Loans less than KES 50,000100%
KES 50,000-150,0000
KES 150,000-250,0000
KES 250,000-350,0000
KES 350,000-450,0000
Greater than KES 450,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term60.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months20%
Between 7 and 9 months30%
Between 10 and 12 months30%
Between 13 and 18 months10%
Longer than 18 months10%
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 interest0.93%
Highest quoted nominal interest1.67%
Reason(s) why interest rate variesLoan Size
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan Processing FeeChattels Fee
% of loan amount - min1.00%0
% of loan amount - max1.50%0
OR, Fixed amount - min00
Fixed amount - max01,500
Reason for variationLoans below 100,000 KES = 1.5% with 250 KES minimum. Loans 100,000 KES and above = 1%Charged only on loans KES 100,000 and above.
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionRisk Management Fee
% of loan amount - min1.25%
% of loan amount - max1.25%
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 forAll
CriteriaIdv loans =10% upfront & 1% ongoing. Grp Loans <KES 100,000 =10% upfront & >KES 100,000 =20% upfront. Loans >KES 45,000 =KES 400 ongoing, <KES 45,000 loans =KES 50 ongoing.
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - 20.00%
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount deposited0 - 1.00%
or, Fixed-amount depositedKES 50 - 0
Conditions on access to depositWhen Leaving
Interest Paid on Deposit
Minimum interest rate paid2.00%
Maximum interest rate paid6.00%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?No

Full Pricing Data

Asset Financing Loan samples
Sample 1Sample 3Sample 4Sample 5Sample 6
Loan AmountKES 50,000KES 200,000KES 308,000KES 400,000KES 528,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-03-152013-03-272013-05-282013-05-172013-04-11
Loan Term (Months)7.0 months12.0 months24.0 months25.0 months18.0 months
Grace Period (Months)0.0 months-0.2 months-0.2 months1.0 month0.0 months
Total Cost of CreditKES 7,824.31KES 44,880.60KES 130,813.28KES 189,093.73KES 172,138.95
True Price by Comp         
Interest price component36.8%34.6%34.6%34.5%34.6%
Fee Component4.6%3.5%1.6%1.4%1.8%
Insurance Component4.0%2.6%1.5%1.2%1.7%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component11.3%8.6%18.4%6.8%7.6%
Full APR (int fee ins tax dep)56.7%49.3%56.1%43.9%45.7%
Transparency Index2023202624
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Asset Financing Loan Price Graphs


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  2. Bandhan
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

Bandhan Financial Services Private Limited DN-32, Sector-V,Salt Lake CityKolkata, West Bengal700091
Data approved: 2013-01-16
Data version: 2
Age of data: 133 months
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.bandhanmf.com/
Year established2002
Head of InstitutionChandra Shekhar Ghosh
Regions activeAssam, Bihar, Chhattisgarh, Gujarat, HaryanaJharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Orissa, Rajasthan, Sikkim, Tripura, Uttar Pradesh, Uttarakhand, West BengalDadra and Nagar Haveli, National Capital Territory of Delhi
# Branches1700

Total Portfolio (nat'l)INR 35,934,903,405
Total Portfolio (USD)USD 678,017,045.40
Active clients with loans4,039,061
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliationsSa-dhan, MFIN, Alpha Microfinance Consultants(P) Ltd. (Alpha), AMFI (Association of Microfinance Institutions), W.B

Loan Products » Summary

Suraksha
10,282 Borrowers
USD 1,703,540.74 Portfolio
Active Product
Suchana
3,183,754 Borrowers
USD 394,083,435.40 Portfolio
Active Product
Srishti
851,819 Borrowers
USD 278,595,779.20 Portfolio
Active Product
Susiksha
2,575 Borrowers
USD 100,107.23 Portfolio
Active Product
Fisheries
231 Borrowers
USD 81,195.98 Portfolio
Active Product
Samriddhi Loan (Micro Small and Medium Enterprise Loan)
Retired Product
Srishti Loan (Micro enterprise loan) Type1
Retired Product
Srishti Loan(Micro enterprise loan) Type 2
Retired Product
Suchana Loan (Micro Loan) Type 1
Retired Product
Suchana Loan (Micro Loan) Type 2
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Suraksha Loan (Health Loan) INR 1,000 - 10,000 12 100% 20% - 40% Other, It can be used only for emergency health needs. , Can NOT be used for business Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have completed 1 loan cycle Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness
Suchana Loan INR 1,000 - 15,000 12 100% 20% - 40% Business Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must be 18 years to 60 years Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness
Srishti Loan INR 16,000 - 50,000 24 100% 20% - 40% Business Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must be 18 years to 60 years Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness
Susikhsha Loan INR 1,000 - 10,000 12 100% 20% - 40% Education Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have completed 1 loan cycle Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness
Fisheries Loan INR 10,000 - 50,000 12 - 24 80% - 100% 20% - 40% Business Women, Men, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have an access to waterland Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Leadership Training

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
Suraksha Loan (Health Loan) 19.8% - 19.9% 21.9% - 22.1% 22.2% - 22.3% Yes Yes Yes 100
Suchana Loan 21.8% - 22.9% 23.8% - 25% 25.1% - 26.2% Yes Yes Yes 100
Srishti Loan 22.5% - 22.9% 23.5% - 24% 24.7% - 25.2% Yes Yes Yes 100
Susikhsha Loan 19.8% - 20.1% 21.9% - 22.3% 22.2% - 22.5% Yes Yes Yes 100
Fisheries Loan 22.7% - 23.8% 23.7% - 25.4% 24.7% - 26.4% Yes Yes Yes 99
*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
Suraksha Loan (Health Loan) 20.0% annual, Decl Bal 1 Fee 0 Ins 12.36% fees N/A 21.9% - 22.1% 22.2% - 22.3% 90
Suchana Loan 22.9% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 23.8% - 25% 25.1% - 26.2% 88
Srishti Loan 22.9% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 23.5% - 24% 24.7% - 25.2% 92
Susikhsha Loan 20.0% annual, Decl Bal 1 Fee 0 Ins 12.36% fees N/A 21.9% - 22.3% 22.2% - 22.5% 89
Fisheries Loan 22.9% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 23.7% - 25.4% 24.7% - 26.4% 90
Institution Price Graph
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Key Statistics
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# Countries
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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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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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