2. TMFB
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Institution

Tameer Microfinance Bank A-15, Block 7/8 KCHS Union, Karachi 75350, PakistanKarachi75350
Data approved: 2013-06-05
Data version: 1
Age of data: -   months 
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Product

House Finance Product 6 of 7 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PKR)PKR 166,218,021
Portfolio (USD)USD 1,696,102.26
Active Clients with Loans2,050
Approximate % Female Clients0
Approximate % Urban Clients100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Tameer Housing loan is meant for house extension or improvement. This product is targeted towards low-salaried or self-employed microfinance customers.
Loan Purpose
Any purpose
Income generation
Mortgage/housingx
Consumer loanx
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 landx
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 institution4
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyPKR
Minimum loan sizePKR 20,000
Maximum loan size450,000
Distribution at Disbursement (Est.)
Loans less than PKR 10,0000
PKR 10,000-25,0000
PKR 25,000-50,0000
PKR 50,000-75,0000
PKR 75,000-150,00080%
Greater than PKR 150,00080%
Loan Term and Grace Period
Shortest loan term24.0 months
Longest loan term60.0 months
Approx average36.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months100%
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 interest19.00%
Highest quoted nominal interest20.00%
Reason(s) why interest rate variesTime as Client
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min0
% of loan amount - max2.00%
OR, Fixed amount - min600
Fixed amount - max0
Reason for variation% of Loan or Fixed amount, whichever is higher
Appears on Repayment Sched?Yes
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

House Finance samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountPKR 19,304PKR 48,840PKR 107,448PKR 175,824PKR 293,040PKR 390,720
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2013-02-142013-03-072013-05-052013-06-162013-05-152013-03-14
Loan Term (Months)12.0 months24.0 months37.0 months49.0 months61.0 months49.0 months
Grace Period (Months)-0.1 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditPKR 4,899.96PKR 20,160.08PKR 65,279.84PKR 144,576PKR 306,960PKR 329,280.16
True Price by Comp           
Interest price component37.8%33.3%32.3%32.0%31.8%32.8%
Fee Component5.0%1.6%1.0%0.7%0.5%0.7%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.8%0.3%0.1%0.2%0.1%0.1%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)43.6%35.2%33.4%32.9%32.4%33.6%
Transparency IndexN/AN/AN/AN/AN/AN/A
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
House Finance Price Graphs


Click to view Price Analysis Tool
Institution # Borrowers Portfolio (US$) Products Age of Data
KBL468,300120,082,00016108
KF233,60041,416,0004107
NRSP399,90070,157,0003108
ASA230,40029,637,0003108
TMFB221,20085,449,0007108
FMFB163,54438,481,3239126
TRDP100,00013,817,0003108
PRSP75,6569,907,1763126
BRAC^P57,30011,869,0003108
SRSO51,1007,775,0003108
SSF46,0004,776,0003108
FINCA82,00043,559,0009108
JWS36,0006,545,0002108
RCDS35,5524,856,1224126
DAMEN35,1857,150,8641126
FFO22,4003,335,0003108
OLP21,4003,510,0003108
CSC17,6003,147,0001108
AMRDO13,8001,206,0005108
WMBL13,8006,105,0003108
Mojaz13,4002,415,0002108
SDF11,5001,041,0004108
POMFB8,5002,795,0004108
OPD7,500918,0002108
AGAHE7,300797,0002108
NRDP6,1841,521,9723126
GBTI6,100669,0003126
WASIL4,3001,135,0002108
Micro Options4,000768,0005108
VDO3,900489,0003126
SVDP3,900811,00013126
SRDO3,500766,0004108
OSDI2,000923,0003108
APMBL1,8001,401,0003108
BEDF1,400209,0003126
KCDO80094,0001126
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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