Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011171
ANED5,4006,579,0003129
Banco FIE231,100569,322,0006129
BancoSol215,300861,418,00030129
CIDRE8,500126,578,0008129
Coop Fatima6,30044,280,0007171
CRECER166,900134,626,00013129
Diaconia67,00085,734,0002129
Ecofuturo59,200226,839,0005129
EMPRENDER8,7002,380,0003171
Fassil FFP57,600325,081,0005129
FONCRESOL3,9009,573,0003129
FONDECO14,20024,274,0003129
Fortaleza20,100164,530,00013129
FUBODE29,40024,444,0007129
FUNBODEM8,60015,798,0009129
IDEPRO10,40040,479,0002129
IMPRO2,4002,885,0004129
ProCredit84,300257,487,0008171
PRODEM44,90062,529,0004129
ProMujer BOL115,20050,753,0003129
Sartawi14,60026,842,0008129
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

Arman Financial Services Limited 502-3-4, Sakar IIIOff. Ashram Road,Opp. Old High CourtAhmedabad, GujaratPO Box 380014
Data approved: 2012-11-21
Data version: 2
Age of data: 139 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.armanindia.com/
Year established1992
Head of InstitutionJayendra Patel
Regions activeGujarat
# Branches24

Total Portfolio (nat'l)INR 28,042,700,000
Total Portfolio (USD)USD 529,107,547.20
Active clients with loans41,503
Approximate % female clients100%
Approximate % urban clients40% - 60%
Network affiliationsMFIN, Sa-Dhan

Loan Products » Summary

41,503 Borrowers
USD 529,107,547.20 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan INR 8,000 - 15,000 12 100% 40% - 60% Business, Housing, Education, Other Women, Have home or land, Low HH Inc, Med HH Inc, Rural HH, Urban HH Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits

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
Group Loan 24.4% - 25.4% 26.3% - 27.3% 29.1% - 30.2% Yes Info awaited Info awaited 99

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 24.5%-26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26.3% - 27.3% 29.1% - 30.2% 83
Institution Price Graph
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