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: 2013-03-25
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 4,350 |
| Portfolio (USD) | USD 4,350 |
| Active Clients with Loans | 36 |
| Approximate % Female Clients | 100% |
| Approximate % Urban Clients | 0% - 20% |
Description
This product is provided to rural community with small daily income generating activity. The number of borrower per group varies from 2 to 5. The loan amount of each member in the group varies from USD15 to 125USD.
Loan Purpose
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) | |
Eligibility
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 24 |
| # Regions for this product | N/A |
| Regions Active | |
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: 2012-11-26
Data version: 3
Age of data: 140 months
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.chaitanyaindia.in/ |
| Year established | 2009 |
| Head of Institution | Anand Rao |
| Regions active | Karnataka |
| # Branches | 10 |
| Total Portfolio (nat'l) | INR 205,228,721 |
| Total Portfolio (USD) | USD 3,872,240.02 |
| Active clients with loans | 21,309 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | |
2,162 Borrowers
USD 528,259.92 Portfolio
Active Product
8,393 Borrowers
USD 1,785,925.49 Portfolio
Active Product
10,150 Borrowers
USD 1,434,276.25 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| 2D Business Loan |
|
INR 36,000 - 50,000 |
|
24 - 30 |
|
80% - 100% |
|
0% - 20% |
|
Business |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins |
| 3D Business Loan |
|
INR 36,000 - 50,000 |
|
24 - 30 |
|
80% - 100% |
|
0% - 20% |
|
Business |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins |
| One Year Business Loan |
|
INR 5,000 - 15,000 |
|
12 |
|
80% - 100% |
|
0% - 20% |
|
Business |
|
Women, Could be used in income generating activities. |
|
Credit Educ, Group Mtgs, 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 |
| 2D Business Loan |
|
25.9% |
|
27.3% - 27.5% |
|
29.6% - 30.1% |
|
Yes |
|
Yes |
|
Yes |
|
100 |
| 3D Business Loan |
|
25.9% - 27.3% |
|
28% - 29.5% |
|
31.3% - 33% |
|
Yes |
|
Yes |
|
Yes |
|
99 |
| One Year Business Loan |
|
25.8% - 25.9% |
|
27.5% - 27.7% |
|
30.1% - 30.5% |
|
Yes |
|
Yes |
|
Yes |
|
100 |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| 2D Business Loan |
|
26.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
12.36% fees |
|
N/A |
|
27.3% - 27.5% |
|
29.6% - 30.1% |
|
87 |
| 3D Business Loan |
|
26.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
12.36% fees |
|
N/A |
|
28% - 29.5% |
|
31.3% - 33% |
|
81 |
| One Year Business Loan |
|
26.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
12.36% fees |
|
N/A |
|
27.5% - 27.7% |
|
30.1% - 30.5% |
|
85 |
