Outstanding portfolio (GHS) | GHS 58,000 |
Portfolio (USD) | USD 29,441.62 |
Active Clients with Loans | 44 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 80% - 100% |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 1 |
# Regions for this product | N/A |
Regions Active |
Institution Type | Private 'For-Profit' |
Is this institution regulated? | Yes |
Website address | http://www.fusionmicrofinance.com/ |
Year established | 2010 |
Head of Institution | Devesh Sachdev |
Regions active | 0 |
# Branches | 15 |
Total Portfolio (nat'l) | INR 154,045,112 |
Total Portfolio (USD) | USD 3,423,224.71 |
Active clients with loans | 23,323 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | MFIN, India |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gati | INR 15,000 - 15,000 | 11 | 80% - 100% | 80% - 100% | Business | Women, Have home or land, Credit policy permits the loan only to the females who are married with proper KYC documents | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training | |||||||
IGL- New Clients | INR 12,000 - 12,000 | 17 | 80% - 100% | 0% - 20% | Business | Women, Have home or land | ||||||||
IGL- Old Clients | INR 16,000 - 30,000 | 24 | 80% - 100% | 0% - 20% | Business | Women, Have home or land | ||||||||
Jagrati | INR 8,000 - 8,000 | 11 | 80% - 100% | 80% - 100% | Business, Housing, Other | Women, Have home or land, Credit policy permits the loan only to the females who are married with proper KYC documents , she c | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits | |||||||
Pragati | INR 18,000 - 18,000 | 11 | 80% - 100% | 80% - 100% | Business, Housing, Other | Women, Only married women with proper KYC documents , she can be a salaried domestic worker | Credit Educ, Group Mtgs, Credit Ins | |||||||
Roshni | INR 10,000 - 10,000 | 11 | 80% - 100% | 0% - 20% | Business, Housing, Education, Other | Women | Credit Educ, Group Mtgs, Credit Ins | |||||||
Samridhi | INR 20,000 - 20,000 | 11 | 80% - 100% | 80% - 100% | Business, Housing, Education, Other | Women, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits | |||||||
Unnati | INR 12,000 - 12,000 | 11 | 80% - 100% | 80% - 100% | Business, Housing, Education, Other | Women | Credit Educ, Group Mtgs, Credit Ins |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gati | 0% | 36.6% | 39% | N/A | ||||||||||
IGL- New Clients | 0% | 27.6% | 29.4% | N/A | ||||||||||
IGL- Old Clients | 0% | 27.2% | 29.3% | N/A | ||||||||||
Jagrati | 0% | 36.8% | 39.3% | N/A | ||||||||||
Pragati | 0% | 36.8% | 39.3% | N/A | ||||||||||
Roshni | 0% | 36.8% | 39.3% | N/A | ||||||||||
Samridhi | 0% | 36.6% | 39% | N/A | ||||||||||
Unnati | 0% | 36.8% | 39.3% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gati | 31.7% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 36.6% | 39% | 81 | ||||||||
IGL- New Clients | 26.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 27.6% | 29.4% | 89 | ||||||||
IGL- Old Clients | 26.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 27.2% | 29.3% | 89 | ||||||||
Jagrati | 31.7% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 36.8% | 39.3% | 81 | ||||||||
Pragati | 31.7% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 36.8% | 39.3% | 81 | ||||||||
Roshni | 31.7% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 36.8% | 39.3% | 81 | ||||||||
Samridhi | 31.7% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 36.6% | 39% | 81 | ||||||||
Unnati | 31.7% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 36.8% | 39.3% | 81 |
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