Survey to discover demand for lending in rural/ semi-urban UP
1. Did you take any loan in the past 12 months?
a. Who gave you the loans?
Please name the precise name of the lending entity if possible
b. What was the purpose of the loans?
c. How much did you take as a loan (ticket size)?
d. For how long did you take the loan?
e. How much was the interest rate, monthly?
f. How much were all fees in total?
g. How long was the duration from application to approval?
h. How satisfied are you with the loan experience in general?
i. Please write the major pain points of the overall borrowing experience in general, what would you like to be done differently to make you better satisfied with borrowing experience in the future?
Why? Please select from below or mention your reason
There is no need for a loan
Applied but was rejected
There is a need, but didn’t apply because don’t like terms and conditions
Please mention your reason
1. Are you aware about your customers taken loans in the past 12 months?
2. What type of customers has the biggest demand for loans?
Building materials shop
3. Who do they usually borrow money from?
Please, give the concrete names of the most common lenders if possible
4. Terms and conditions (if it various by different type of customers, please give this breakdown)
a. What is the average amount they borrow?
b. How much did they take as a loan (ticket size)?
c. For how long did they take the loan?
d. How much was the interest rate, monthly?
e. How much were all fees in total?
f. How long was the duration from application to approval?
g. How satisfied are they with the loan experience in general?
h. Please write their major pain points of the overall borrowing experience in general
5. If Vayamtech becomes a loan provider, would you be happy to sell our loans to your customers?
a. How many loans you’d expect to sell each month?
b. What would be the average ticket?
If no, why?