| Number borrowers | 6,106 |
| Loan Amount (range) | PKR 10,000 - 25,000 |
| Loan Term (range) | 6 - 9 |
| Other Services (text summary) | Group Mtgs, Tech Asst Visits, Business Training, Other Training |
| Annual Interest & Method | 28.0% annual, Decl Bal |
| Fees | 450.00 upfront |
| Insurance | 150.00 upfront |
| Tax | None |
| Comp Dep | N/A |
| Range of pricing | |
| Interest Price Component | 19.8% - 26.2% |
| Fee Component | 1.0% - 9.4% |
| Insurance Component | 0.4% - 3.2% |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 31.4% - 38.8% |
| Transparency Index (min/max) | 72 - 100 |
| Transparency Index (average) | 82 |
| 15 |
| INR 3,000 - 6,000 |
| 6 - 18 |
| Credit Educ, Group Mtgs, Credit Ins |
| 0.0% annual, Decl Bal |
| 4.00% upfront |
| 0.40% upfront |
| None |
| 20.0% upfront 1.00% ongoing |
| N/A |
| 8.9% (Int+Fee) |
| 0.5% - 0.9% |
| 0 |
| 13.4% |
| 0 - 58 |
| 0 |
| Outstanding portfolio (PKR) | PKR 92,734,609 |
| Portfolio (USD) | USD 910,653.86 |
| Active Clients with Loans | 6,106 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0 |
| Individual | |
| 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 | x |
| Credit insurance | |
| Workplace visits | x |
| Business training | x |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| Men | |
| Women | x |
| Must run a business | |
| 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 | Sindh |
| Outstanding portfolio (INR) | INR 17,586 |
| Portfolio (USD) | USD 331.81 |
| Active Clients with Loans | 15 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Household income <60,000 INR | |
| Household income <120,000 INR | |
| Must live in rural area | |
| Must lives in urban area | |
| Other | |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | PKR |
| Minimum loan size | PKR 10,000 |
| Maximum loan size | 25,000 |
| Loans less than PKR 10,000 | 20% |
| PKR 10,000-25,000 | 80% |
| PKR 25,000-50,000 | 0 |
| PKR 50,000-75,000 | 0 |
| PKR 75,000-150,000 | 0 |
| Greater than PKR 150,000 | 0 |
| Shortest loan term | 6.0 months |
| Longest loan term | 9.0 months |
| Approx average | 8.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 30% |
| Between 7 and 9 months | 70% |
| Between 10 and 12 months | 0 |
| Between 13 and 18 months | 0 |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | 0.3 months |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | x |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Currency | INR |
| Minimum loan size | INR 3,000 |
| Maximum loan size | 6,000 |
| Shortest loan term | 6.0 months |
| Longest loan term | 18.0 months |
| Approx average | 12.0 months |
| Grace period usage | 0 |
| Average grace period | 0 |
| 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 | 28.00% |
| Highest quoted nominal interest | 28.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Processing fee |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 450 |
| Fixed amount - max | 450 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | Yes |
| Ins 1 | |
|---|---|
| Description | Credit Insurance |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 150 |
| Fixed amount - max | 150 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | 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 |
| Lowest quoted nominal interest | 0 |
| Highest quoted nominal interest | 0 |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Processing Fee |
| % of loan amount - min | 4.00% |
| % of loan amount - max | 4.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Insurance Fee |
| % of loan amount - min | 0.40% |
| % of loan amount - max | 0.40% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | |
| Do borrowers control deposit in their group? |
| % loan amount deposited | 20.00% - N/A |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 1.00% - N/A |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | Access During |
| Minimum interest rate paid | 4.00% |
| Maximum interest rate paid | 4.00% |
| Interest payment frequency | End Term |
| 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 10,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 1,980.82 | 38.8% | 26.2% | 9.4% | 3.2% | 0.0% | 0.0% | 72 | - | |
| PKR 12,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 2,256.99 | 36.6% | 26.2% | 7.8% | 2.6% | 0.0% | 0.0% | 76 | - | |
| PKR 14,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 2,533.15 | 35.1% | 26.2% | 6.7% | 2.2% | 0.0% | 0.0% | 80 | - | |
| PKR 16,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 2,809.32 | 34.0% | 26.2% | 5.8% | 2.0% | 0.0% | 0.0% | 82 | - | |
| PKR 18,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 3,085.48 | 33.1% | 26.2% | 5.2% | 1.7% | 0.0% | 0.0% | 85 | - | |
| PKR 20,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 3,361.64 | 32.4% | 26.2% | 4.7% | 1.5% | 0.0% | 0.0% | 86 | - | |
| PKR 22,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 3,637.81 | 31.8% | 26.2% | 4.2% | 1.4% | 0.0% | 0.0% | 88 | - | |
| PKR 24,000 | Generated | 2015-05-01 | 5.9 months | N/A | PKR 3,913.97 | 31.4% | 26.2% | 3.9% | 1.3% | 0.0% | 0.0% | 89 | - | |
| Sample 1 | |
|---|---|
| Loan Amount | INR 5,000 |
| Loan Cycle (1, 2, 3, etc) | 1 |
| Disbursement Date | 2010-05-16 |
| Loan Term (Months) | 10.0 months |
| Grace Period (Months) | 0 |
| Total Cost of Credit | Not Known |
| True Price by Comp | |
| Interest and Fee Component | 8.9% |
| Insurance Component | 0.9% |
| Tax Component | 0 |
| Deposit Component | 3.6% |
| Full APR (int fee ins tax dep) | 13.4% |
| MFIN MFI Earning (Annualised) | 8.9% |
| MFIN Cost to Borrower (Annualised) | 13.4% |
| Transparency Index | 0 |
| MFIN Transparency Index | N/A |
| Original Repayment Schedule | |
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
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