2. SISDO
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
  2. FMFB
Please note that the information you are viewing is 126 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Smallholder Irrigation Schemes Development Organization (SISDO) P.O. Box 76622Nairobi
Data approved: 2013-06-25
Data version: 2
Age of data: 135 months
Choose version

Institution

The First MicroFinanceBank Ltd. 16th, 17th Floor, Habib Bank Ltd. Tower, Near China ChowkBlue AreaIslamabad, Federal44000
Data approved: 2013-07-25
Data version: 1
Age of data: 126 months

Product

Zero Grazing Loan Product 7 of 11 « Prev | Next »

Product

Individual Loan Against Gold Product 8 of 9 « Prev | Next »

Product Summary

Number borrowers242
Loan Amount (range)KES 10,000 - 300,000
Loan Term (range)3 - 18
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Health insurance - optional
Annual Interest & Method22.0% annual, Flat
Fees1.00% upfront
Insurance2.00% upfront
TaxNone
Comp Dep20.0% upfront 100.00 ongoing
Range of pricing 
Interest Price Component28.1% - 38.9%
Fee Component1.9% - 3.8%
Insurance Component4.0% - 7.6%
Tax Component Range0
Full APR (int fee ins tax dep)69.2% - 87.7%
Transparency Index (min/max)15 - 38
Transparency Index (average)29

Product Summary

458
PKR 35,000 - 150,000
3 - 12
Credit Ins
24.0% annual, Decl Bal
550.00-1,450.00 upfront 500.00 upfront
None
16.00% fees
N/A
 
4.0% - 41.0%
0.4% - 8.6%
0
0 - 0.9%
25.3% - 26.5%
0 - N/A
N/A

Product Details

Key Statistics
Outstanding portfolio (KES)KES 8,926,006.49
Portfolio (USD)USD 107,802.01
Active Clients with Loans242
Approximate % Female Clients40% - 60%
Approximate % Urban Clients20% - 40%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Designed for full-time dairy farmers with farming experience in raising exotic breeds.
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
OtherImprovement to shed, purchase of cow, chaff-cutter
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other trainingx
OtherHealth insurance - optional
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherFarmers only
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution5
# Regions for this product5
Regions ActiveCentral, Eastern, Nairobi, Rift Valley, Western

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 31,831,703
Portfolio (USD)USD 324,813.30
Active Clients with Loans458
Approximate % Female Clients40% - 60%
Approximate % Urban Clients100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Financing facility for economic activity and general purposes.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
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
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution6
# Regions for this product2
Regions ActivePunjab, Sindh

Loan Conditions

Loan Amount
CurrencyKES
Minimum loan sizeKES 10,000
Maximum loan size300,000
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 term3.0 months
Longest loan term18.0 months
Approx average11.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months10%
Between 10 and 12 months70%
Between 13 and 18 months10%
Longer than 18 months0
Grace Period
Grace period usage30%
Average grace period1.0 month
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyPKR
Minimum loan sizePKR 35,000
Maximum loan size150,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,0000
PKR 10,000-25,0000
PKR 25,000-50,00020%
PKR 50,000-75,00050%
PKR 75,000-150,00030%
Greater than PKR 150,00030%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months5%
Between 10 and 12 months90%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest22.00%
Highest quoted nominal interest22.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionLoan Processing Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% 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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedKES 100
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid0.50%
Maximum interest rate paid0.50%
Interest payment frequencyEnd Term
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest24.00%
Highest quoted nominal interest24.00%
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
Descriptionloan processing feeeJewelery Appraisal Fee
% of loan amount - min00
% of loan amount - max00
OR, Fixed amount - min550500
Fixed amount - max1,450500
Reason for variationFee applies on different loan slabs. Insurance fee is part of processing feeN/A
Appears on Repayment Sched?YesYes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
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?Yes
Percentage of fees16%
All or some fees taxedSome

Full Pricing Data

Zero Grazing Loan samples
Sample 2Sample 3Sample 4Sample 5
Loan AmountKES 20,000KES 50,000KES 99,000KES 220,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-02-202013-02-042013-06-052013-02-26
Loan Term (Months)6.0 months13.0 months12.0 months12.0 months
Grace Period (Months)0.2 months0.5 months0.2 months0.2 months
Total Cost of CreditKES 2,800KES 12,500KES 24,750KES 55,000
True Price by Comp       
Interest price component38.1%37.3%38.9%38.9%
Fee Component3.7%1.9%2.0%2.0%
Insurance Component7.6%4.0%4.2%4.2%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component38.3%27.8%26.2%24.1%
Full APR (int fee ins tax dep)87.7%71.0%71.3%69.2%
Transparency Index25313132
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Individual Loan Against Gold samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountPKR 48,000PKR 53,000PKR 100,000PKR 102,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-01-082013-07-092013-04-082012-11-08
Loan Term (Months)12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.2 months0.2 months0.2 months0.0 months
Total Cost of CreditPKR 12,158PKR 13,359PKR 25,014PKR 15,139
True Price by Comp       
Interest price component24.0%24.0%24.0%23.8%
Fee Component1.4%1.3%1.1%2.3%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.3%0.2%0.2%0.4%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)25.7%25.5%25.3%26.5%
Transparency IndexN/AN/AN/AN/A
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Zero Grazing Loan Price Graphs


Click to view Price Analysis Tool
Individual Loan Against Gold Price Graphs


Click to view Price Analysis Tool
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
Loading...
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

Total Borrowers of Samples

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