Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 1986 |
Head of Institution | Gloria Ines Navarro De Clausen |
Regions active | |
# Branches | 14 |
Total Portfolio (nat'l) | COP 9,582,555,960 |
Total Portfolio (USD) | USD 5,265,140.64 |
Active clients with loans | 7,917 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 40% - 60% |
Network affiliations | Emprender, Asomicrofinanzas |
Funders | CORUNIVERSITARIA, FELDESPATOS EL VERGEL, FENALCO TOLIMA, SURAMERICANA DE SEGUROS |
Institution Type | Credit Union / Cooperative |
Is this institution regulated? | No |
Website address | N/A |
Year established | 1997 |
Head of Institution | P.V. Ravikumar |
Regions active | |
# Branches | 8 |
Total Portfolio (nat'l) | INR 315,140,153 |
Total Portfolio (USD) | USD 5,946,040.62 |
Active clients with loans | 36,543 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 40% - 60% |
Network affiliations |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Activos Fijos | COP 300,000 - 13,390,000 | 3 - 36 | 40% - 60% | 40% - 60% | Activo Fijo | Women, Men, Have business, Specific age group, SER UN PROCESO DE PRODUCCION, COMERCIO O SERVICIO | Credit Ins | |||||||
Capital de Trabajo | COP 300,000 - 13,390,000 | 3 - 24 | 60% - 80% | 40% - 60% | Business, Capital de Trabajo | Women, Men, Have business, Specific age group, pueden realizar actividades de producción, comercio o servicios. | Credit Ins | |||||||
Libre Inversion | COP 535,600 - 535,600 | 3 - 12 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men, Have business, Have home or land, Salaried worker | Credit Ins, FRG, Estudios de Crédito |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | INR 5,000 - 50,000 | 12 - 60 | 80% - 100% | 20% - 40% | Any Purpose | Women | Group Mtgs, Credit Ins, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Activos Fijos | 25.2%-29.5% annual, Decl Bal | 1 Fee | 2 Ins | None | N/A | 40.8% - 48.9% | 43.3% - 54% | 53 | ||||||||
Capital de Trabajo | 25.2%-29.5% annual, Decl Bal | 1 Fee | 2 Ins | None | N/A | 38.4% - 48.2% | 43.6% - 55.2% | 49 | ||||||||
Libre Inversion | 25.2%-29.5% annual, Decl Bal | 1 Fee | 2 Ins | None | N/A | 0% | 0% | N/A |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | 0 | 20.2% - 20.6% | 31% - 37.2% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | 19.2% annual, Decl Bal | 1 Fee | 1 Ins | None | 20.0% upfront 50.00 ongoing | 20.2% - 20.6% | 31% - 37.2% | 58 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Activos Fijos | 25.2%-29.5% annual, Decl Bal | 1 Fee | 2 Ins Ins | None | N/A | 40.8% - 48.9% | 43.3% - 54% | 53 | ||||||||
Capital de Trabajo | 25.2%-29.5% annual, Decl Bal | 1 Fee | 2 Ins Ins | None | N/A | 38.4% - 48.2% | 43.6% - 55.2% | 49 | ||||||||
Libre Inversion | 25.2%-29.5% annual, Decl Bal | 1 Fee | 2 Ins Ins | None | N/A | 0% | 0% | N/A |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | 0 | 20.2% - 20.6% | 31% - 37.2% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | 19.2% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 20.0% upfront 50.00 ongoing | 20.2% - 20.6% | 31% - 37.2% | 58 |
Key Statistics | |
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# Products | |
# Institutions | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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