Please note that the information you are viewing is
140 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: 2013-06-20
Data version: 3
Age of data: 140 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 1,115 |
| Portfolio (USD) | USD 1,115 |
| Active Clients with Loans | 19 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 0% - 20% |
Description
2-10 members and joint liability. The loan term 12- 20 months with the loan size $50-$950 per member and monthly installment with 3 months grace period for the loan 12 months. Agrees to borrow both husband & wife or father-mother and son/daughter.
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | x |
| Consumer loan | x |
| Agriculture | |
| Education | x |
| Other household finance | x |
| Other | |
| Other (2) | |
Eligibility
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | x |
| Must be a salaried worker | x |
| Must be specific age group | |
| Other | |
| Other (2) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 2 |
| # Regions for this product | N/A |
| Regions Active | |
Please note that the information you are viewing is
173 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: 2010-10-25
Data version: 1
Age of data: 173 months
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1996 |
| Head of Institution | Pramod Kumar Paliwal |
| Regions active | |
| # Branches | 10 |
| Total Portfolio (nat'l) | INR 98,799,721 |
| Total Portfolio (USD) | USD 1,864,145.68 |
| Active clients with loans | 13,170 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | |
152 Borrowers
USD 101,146.23 Portfolio
Active Product
2,758 Borrowers
USD 509,913.58 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Sampda |
|
INR 35,000 - 35,000 |
|
16 |
|
80% - 100% |
|
20% - 40% |
|
Business, Can only be used for FIXED assets, Asset Creation of Borrower's Choice |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins, Business Training |
| Shahyog |
|
INR 10,000 - 16,000 |
|
12 |
|
80% - 100% |
|
20% - 40% |
|
Business, Housing |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins, Business Training |
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 |
| Sampda |
|
0% |
|
29.2% |
|
32.4% |
|
|
|
|
|
|
|
N/A |
| Shahyog |
|
0% |
|
31.7% |
|
35.9% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Sampda |
|
14.0% annual, Flat |
|
1 Fee |
|
1 Ins |
|
None |
|
N/A |
|
29.2% |
|
32.4% |
|
43 |
| Shahyog |
|
15.0% annual, Flat |
|
1 Fee |
|
1 Ins |
|
None |
|
N/A |
|
31.7% |
|
35.9% |
|
42 |
