2. Fomentamos
Please note that the information you are viewing is 171 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Trident
Please note that the information you are viewing is 143 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Corporación Fomentamos Calle 53 No 42-52Medellín
Data approved: 2011-03-15
Data version: 1
Age of data: 171 months

Institution

Trident Microfin Limited DNO:11-8-15,MIG-33,SHREE SAI ARCADE,1ST & 2ND FLOORS,SAROORNAGAR,HYDERABAD, ANDHRA PRADESH500035
Data approved: 2010-10-25
Data version: 1
Age of data: -   months 
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Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.fomentamos.com.co/
Year established2003
Head of InstitutionLuis Fernando Florez Rubianes
Regions active
# Branches1

Total Portfolio (nat'l)COP 805,000,000
Total Portfolio (USD)USD 442,307.69
Active clients with loans5,085
Approximate % female clients60% - 80%
Approximate % urban clients60% - 80%
Network affiliations
FundersCONFIAR COOPERATIVA FINANCIERA, COOPERATIVA BELEN AHORRO Y CREDITO, COTRAFA COOPERATIVA FINANCIERA, COOTRAMED COOPERATIVA AHORRO Y CREDITO

Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?N/A
Website addresshttp://www.tridentmicrofin.com/
Year established2007
Head of InstitutionKISHORE KUMAR PULI
Regions active0
# Branches60

Total Portfolio (nat'l)INR 1,386,607,288
Total Portfolio (USD)USD 30,813,495.29
Active clients with loans174,873
Approximate % female clients80% - 100%
Approximate % urban clients40% - 60%
Network affiliations

Loan Products » Summary

N/A
918 Borrowers
USD 102,673.87 Portfolio
Active Product

Loan Products » Summary

Agri Allied Loans
805 Borrowers
USD 204,634.07 Portfolio
Active Product
Crop Loans to Farmer Groups
1,394 Borrowers
USD 133,551.80 Portfolio
Active Product
Group Loan for Women Monthly
32,636 Borrowers
USD 7,112,021.20 Portfolio
Active Product
Women Weekly
142,967 Borrowers
USD 20,219,522.93 Portfolio
Active Product
Individual Micro Enterprise Loans
70 Borrowers
USD 38,675.18 Portfolio
Active Product
Personal Loan to Employees
21 Borrowers
USD 9,155.51 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
CS CON RECURSOS PROPIOS COP 50,000 - 1,000,000 3 - 4 60% - 80% 60% - 80% Business Women, Men, Have business

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agri Allied Loans INR 16,000 - 20,000 18 - 36 80% - 100% 0% - 20% Business Women, Men, Have business, Have home or land Credit Educ, Credit Ins
Crop Loans to Farmer Groups INR 6,000 - 25,000 10 - 12 0% - 20% 0% - 20% Business, Loan is given for inputs required for harvesting Women, Men, Have home or land, The loan is also given to clients in rented accomadation who have stayed in that locality for more t, Out of a group of 5 members ,4 members should have own house Credit Educ, Group Mtgs, Credit Ins
Group Loan for Women Monthly INR 6,000 - 18,000 18 80% - 100% 0% - 20% Business, Housing, Consumer, Education, Other, 90% of loans used for income generating activities Women, The loan is also given to clients in rented accomadation who have stayed in that locality for more t Credit Educ, Group Mtgs, Credit Ins, Other Training
Group Loan for Women Weekly INR 6,000 - 18,000 11.5 - 12 80% - 100% 40% - 60% Business, Housing, Consumer, Education, Other, 90% of loans used for income generating activities Women Credit Educ, Group Mtgs, Credit Ins
Individual Micro Enterprise Loans INR 16,000 - 100,000 18 - 36 60% - 80% 0% - 20% Business Women, Men, Have business, Have home or land Credit Educ, Credit Ins, Other Training
Personal Loan to Employees INR 16,000 - 100,000 18 - 36 80% - 100% 0% - 20% Any Purpose Women, Men, Salaried worker Credit Educ, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
CS CON RECURSOS PROPIOS 29.5% annual, Decl Bal 1 Fee 1 Ins None N/A 44% - 50.4% 56.8% - 63.2% 48

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
Agri Allied Loans 0% 0% 0% N/A
Crop Loans to Farmer Groups 0% 0% 0% N/A
Group Loan for Women Monthly 0% 0% 0% N/A
Group Loan for Women Weekly 0% 0% 0% N/A
Individual Micro Enterprise Loans 0% 0% 0% N/A
Personal Loan to Employees 0% 0% 0% N/A
*Please click here for more information

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agri Allied Loans 15.0% annual, Flat 1 Fee 0 Ins None N/A 0% 0% N/A
Crop Loans to Farmer Groups 21.0% annual, Decl Bal 1 Fee 0 Ins None 10.0% upfront 0% 0% N/A
Group Loan for Women Monthly 12.5%-15.0% annual, Flat 1 Fee 0 Ins None 10.0% upfront 0% 0% N/A
Group Loan for Women Weekly 12.5%-15.0% annual, Flat 2 Fees 0 Ins None N/A 0% 0% N/A
Individual Micro Enterprise Loans 15.0% annual, Flat 1 Fee 0 Ins None N/A 0% 0% N/A
Personal Loan to Employees 15.0% annual, Flat 1 Fee 0 Ins None N/A 0% 0% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
CS CON RECURSOS PROPIOS 29.5% annual, Decl Bal 1 Fee 1 Ins Ins None N/A 44% - 50.4% 56.8% - 63.2% 48

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
Agri Allied Loans 0% 0% 0% N/A
Crop Loans to Farmer Groups 0% 0% 0% N/A
Group Loan for Women Monthly 0% 0% 0% N/A
Group Loan for Women Weekly 0% 0% 0% N/A
Individual Micro Enterprise Loans 0% 0% 0% N/A
Personal Loan to Employees 0% 0% 0% N/A
*Please click here for more information

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agri Allied Loans 15.0% annual, Flat 1 Fee 0 Ins Ins None N/A 0% 0% N/A
Crop Loans to Farmer Groups 21.0% annual, Decl Bal 1 Fee 0 Ins Ins None 10.0% upfront 0% 0% N/A
Group Loan for Women Monthly 12.5%-15.0% annual, Flat 1 Fee 0 Ins Ins None 10.0% upfront 0% 0% N/A
Group Loan for Women Weekly 12.5%-15.0% annual, Flat 2 Fees 0 Ins Ins None N/A 0% 0% N/A
Individual Micro Enterprise Loans 15.0% annual, Flat 1 Fee 0 Ins Ins None N/A 0% 0% N/A
Personal Loan to Employees 15.0% annual, Flat 1 Fee 0 Ins Ins None N/A 0% 0% N/A
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeFomentamosInstitutionCO-013-V01-P01ProductCOCountry2011YearRange Number1Institution Data Version0200,000400,000600,000800,000Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 40020020Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
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