Please note that the information you are viewing is
130 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2013-08-15
Data version: 3
Age of data: 130 months
This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months.
MFTransparency presents basic data rather than full data for low volume products
Key Statistics
| Outstanding portfolio (USD) | USD 54,848 |
| Portfolio (USD) | USD 54,848 |
| Active Clients with Loans | 29 |
| Approximate % Female Clients | 0% - 20% |
| Approximate % Urban Clients | 20% - 40% |
Description
Para personas naturales destinado a financiar la adquisición de bienes de consumo o el pago de servicios, su fuente principal de pago es el salario de una personal o ingresos provenientes de una actividad económica
Loan Purpose
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | x |
| Agriculture | |
| Education | |
| Other household finance | x |
| Other | |
| Other (2) | |
Eligibility
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | x |
| Must be specific age group | |
| Other | |
| Other (2) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 9 |
| # Regions for this product | N/A |
| Regions Active | |
Please note that the information you are viewing is
139 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2013-01-22
Data version: 3
Age of data: 139 months
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.swadhaar.com/ |
| Year established | 2008 |
| Head of Institution | Veena Mankar |
| Regions active | Gujarat, Maharashtra |
| # Branches | 30 |
| Total Portfolio (nat'l) | INR 909,845,169 |
| Total Portfolio (USD) | USD 17,166,889.98 |
| Active clients with loans | 92,891 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 100% |
| Network affiliations | |
87,428 Borrowers
USD 15,265,990.89 Portfolio
Active Product
5,072 Borrowers
USD 1,392,004.70 Portfolio
Active Product
391 Borrowers
USD 508,894.40 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Swahit - Individual Loan with Joint Liability |
|
INR 8,000 - 34,000 |
|
24 |
|
100% |
|
100% |
|
Business |
|
Women, Have business, Specific age group, Med HH Inc, Urban HH |
|
Credit Educ, Credit Ins |
| Swayog - Individual Business Loan |
|
INR 8,000 - 75,000 |
|
3 - 12 |
|
0% - 20% |
|
100% |
|
Business |
|
Women, Men, Have business, Specific age group, Urban HH, The client must be the owner of the business. |
|
Credit Ins |
| Top Up Loan |
|
INR 2,000 - 5,000 |
|
12 |
|
100% |
|
100% |
|
Business |
|
Women, Have business, Specific age group, Med HH Inc, Urban HH |
|
Credit Ins |
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 |
| Swahit - Individual Loan with Joint Liability |
|
25.8% |
|
26.8% - 26.9% |
|
27.9% - 28% |
|
Yes |
|
Yes |
|
Yes |
|
100 |
| Swayog - Individual Business Loan |
|
28.1% - 29.9% |
|
31.5% - 35% |
|
32.8% - 37% |
|
Yes |
|
Yes |
|
Yes |
|
100 |
| Top Up Loan |
|
26% - 26.2% |
|
27.8% - 28.1% |
|
28.8% - 29.2% |
|
Yes |
|
Yes |
|
Yes |
|
99 |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Swahit - Individual Loan with Joint Liability |
|
26.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
12.36% fees |
|
N/A |
|
26.8% - 26.9% |
|
27.9% - 28% |
|
93 |
| Swayog - Individual Business Loan |
|
30.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
12.36% fees |
|
N/A |
|
31.5% - 35% |
|
32.8% - 37% |
|
85 |
| Top Up Loan |
|
26.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
12.36% fees |
|
N/A |
|
27.8% - 28.1% |
|
28.8% - 29.2% |
|
89 |
