| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1997 |
| Head of Institution | Elsy Isabel Machacado Sarmiento |
| Regions active | |
| # Branches | 5 |
| Total Portfolio (nat'l) | COP 2,655,012,668 |
| Total Portfolio (USD) | USD 1,458,798.17 |
| Active clients with loans | 1,240 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders | EMPRESA COLOMBIANA DE PETROLEOS - ECOPETROL |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://Not available |
| Year established | 2009 |
| Head of Institution | Dr.Kalpana sankar |
| Regions active | Karnataka, Tamil Nadu, Puducherry |
| # Branches | 57 |
| Total Portfolio (nat'l) | INR 965,501,999 |
| Total Portfolio (USD) | USD 18,217,018.85 |
| Active clients with loans | 94,474 |
| Approximate % female clients | 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Linea Individual | COP 515,000 - 40,000,000 | 1 - 36 | 40% - 60% | 80% - 100% | Business, Capital de Trabajo, Compra de Activos | Women, Men, Have business, Codeudor con Finca Raiz, Codeudor asalariado o independiente | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Ruedas de Negocio | |||||||
| Solidaria | COP 200,000 - 12,580,000 | 1 - 36 | 40% - 60% | 80% - 100% | Business, Capital de Trabajo, Compra de Activos | Women, Men, Have business, Have home or land, Codeudor con Finca Raiz, Codeudor asalariado o independiente | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Ruedas de Negocio |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | INR 12,000 - 24,000 | 13 - 25 | 100% | 20% - 40% | Business, Agriculture | Women, Specific age group, Low HH Inc, Med HH Inc, Must be a member of an SHG., Must be in the age group of 18 to 60 years. | Credit Educ, Group Mtgs, Credit Ins, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Linea Individual | 24.0% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 29% - 37.5% | 29.7% - 38.2% | 73 | ||||||||
| Solidaria | 24.0% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 30.5% - 40.3% | 31.2% - 41% | 69 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | 24.8% - 25% | 25.8% - 26.5% | 26.7% - 27.5% | Yes | Yes | Info awaited | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 25.8% - 26.5% | 26.7% - 27.5% | 92 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Linea Individual | 24.0% annual, Decl Bal | 2 Fees | 1 Ins Ins | None | N/A | 29% - 37.5% | 29.7% - 38.2% | 73 | ||||||||
| Solidaria | 24.0% annual, Decl Bal | 2 Fees | 1 Ins Ins | None | N/A | 30.5% - 40.3% | 31.2% - 41% | 69 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | 24.8% - 25% | 25.8% - 26.5% | 26.7% - 27.5% | Yes | Yes | Info awaited | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 25.8% - 26.5% | 26.7% - 27.5% | 92 |
| Key Statistics | |
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| % Products using declining balance | |
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| % Products with one or more insurances | |
| % Products with compulsory deposits |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
