Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 2002 |
Head of Institution | Ms Wegayehu Asrat |
Regions active | |
# Branches | 5 |
Total Portfolio (nat'l) | ETB 11,960,952 |
Total Portfolio (USD) | USD 650,051.74 |
Active clients with loans | 10,541 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 40% - 60% |
Network affiliations | AEMFI, MAIN |
Funders | CRS, ICCO Terafina |
Institution Type | Private 'For-Profit' |
Is this institution regulated? | N/A |
Website address | N/A |
Year established | 1996 |
Head of Institution | K.PAUL THOMAS |
Regions active | 0 |
# Branches | 105 |
Total Portfolio (nat'l) | INR 1,561,228,229 |
Total Portfolio (USD) | USD 34,693,960.64 |
Active clients with loans | 220,011 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Endeg Loan (let us grow together) | ETB 1,300 - 6,500 | 3 - 12 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs | |||||||
Eshet Loan (A seed in the process of being ripe) | ETB 1,500 - 6,600 | 3 - 12 | 60% - 80% | 0% - 20% | Business, Agriculture | Women, Men | Credit Educ, Group Mtgs | |||||||
Hibret Loan (Union) | ETB 1,200 - 7,200 | 3 - 12 | 60% - 80% | 40% - 60% | Business | Women, Men | Credit Educ, Group Mtgs | |||||||
Qirs Loan (Property) | ETB 1,500 - 7,000 | 12 | 20% - 40% | 40% - 60% | Any Purpose | Women, Men, Salaried worker | Credit Educ, Group Mtgs | |||||||
Siket Loan (Success) | ETB 2,500 - 11,000 | 3 - 12 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | INR 6,000 - 8,000 | 12 | 80% - 100% | 0% - 20% | Any Purpose | Women, Men | Credit Educ, Group Mtgs, Business Training | |||||||
Income Generation Loan | INR 10,000 - 20,000 | 12 | 80% - 100% | 0% - 20% | Business | Women, Men | Credit Educ, Group Mtgs, Business Training | |||||||
Jeevandhara | INR 3,000 - 12,000 | 12 - 24 | 80% - 100% | 0% - 20% | For installing water connection | Women, Men | Credit Educ, Group Mtgs | |||||||
Nirmal | INR 6,000 - 12,000 | 12 - 24 | 80% - 100% | 0% - 20% | for sanitation Purposes | Women, Men | Credit Educ, Group Mtgs |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Endeg Loan (let us grow together) | 18.0% annual, Flat | 1 Fee | 0 Ins | None | 8.0% upfront 10.00% ongoing | 37.9% - 38.8% | 45.4% - 47.8% | 38 | ||||||||
Eshet Loan (A seed in the process of being ripe) | 19.2% annual, Flat | 0 Fees | 0 Ins | None | 8.0% upfront 10.00% ongoing | 18.1% - 21.2% | 19.1% - 22.6% | 96 | ||||||||
Hibret Loan (Union) | 18.0% annual, Flat | 0 Fees | 0 Ins | None | 8.0% upfront 10.00% ongoing | 31.6% - 32% | 36.8% - 37.4% | 48 | ||||||||
Qirs Loan (Property) | 14.4% annual, Flat | 1 Fee | 0 Ins | None | 8.0% upfront 10.00% ongoing | 30.8% - 31.8% | 36.5% - 37.8% | 38 | ||||||||
Siket Loan (Success) | 18.0% annual, Flat | 1 Fee | 0 Ins | None | 8.0% upfront 10.00% ongoing | 40% - 45.3% | 48.2% - 55.6% | 35 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | 0% | 0% - 57.5% | 0% - 31.7% | N/A | ||||||||||
Income Generation Loan | 0% | 31.2% - 31.7% | 31.2% - 31.7% | N/A | ||||||||||
Jeevandhara | 0% | 28.2% | 28.2% | N/A | ||||||||||
Nirmal | 0% | 28.2% | 28.2% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | 17.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 0% - 57.5% | 0% - 31.7% | N/A | ||||||||
Income Generation Loan | 17.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 31.2% - 31.7% | 31.2% - 31.7% | 53 | ||||||||
Jeevandhara | 15.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 28.2% | 28.2% | 53 | ||||||||
Nirmal | 15.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 28.2% | 28.2% | 53 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Endeg Loan (let us grow together) | 18.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 37.9% - 38.8% | 45.4% - 47.8% | 38 | ||||||||
Eshet Loan (A seed in the process of being ripe) | 19.2% annual, Flat | 0 Fees | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 18.1% - 21.2% | 19.1% - 22.6% | 96 | ||||||||
Hibret Loan (Union) | 18.0% annual, Flat | 0 Fees | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 31.6% - 32% | 36.8% - 37.4% | 48 | ||||||||
Qirs Loan (Property) | 14.4% annual, Flat | 1 Fee | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 30.8% - 31.8% | 36.5% - 37.8% | 38 | ||||||||
Siket Loan (Success) | 18.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 40% - 45.3% | 48.2% - 55.6% | 35 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | 0% | 0% - 57.5% | 0% - 31.7% | N/A | ||||||||||
Income Generation Loan | 0% | 31.2% - 31.7% | 31.2% - 31.7% | N/A | ||||||||||
Jeevandhara | 0% | 28.2% | 28.2% | N/A | ||||||||||
Nirmal | 0% | 28.2% | 28.2% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | 17.0% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 0% - 57.5% | 0% - 31.7% | N/A | ||||||||
Income Generation Loan | 17.0% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 31.2% - 31.7% | 31.2% - 31.7% | 53 | ||||||||
Jeevandhara | 15.0% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 28.2% | 28.2% | 53 | ||||||||
Nirmal | 15.0% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 28.2% | 28.2% | 53 |
Key Statistics | |
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# Samples: | |
# Products | |
# Institutions | |
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# Borrowers | |
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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