Institution

Atwima Kwanwoma Rural Bank Head OfficeKumasi, AshantiP.O. Box 6921
Data approved: 2013-03-18
Data version: 2
Age of data: 141 months

Institution

Village Financial Services Private Limited Village TowerF-15, Geetanjali Park; 18/3A, Kumud Ghoshal RoadKolkata, West BengalPO Box 700057
Data approved: 2013-01-02
Data version: 2
Age of data: 140 months

Institution Details

Institution TypeRurBank
Is this institution regulated?Yes
Website addresshttp://www.akrbank.com/
Year established1983
Head of InstitutionStephen Sarfo Kantanka
Regions activeAshanti Region
# Branches6

Total Portfolio (nat'l)GHS 3,523,066
Total Portfolio (USD)USD 1,788,358.38
Active clients with loans3,892
Approximate % female clients40% - 60%
Approximate % urban clients80% - 100%
Network affiliationsGHAMFIN, ARB Apex
Funders

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.village.net.in
Year established2006
Head of InstitutionKuldip Maity
Regions activeBihar, West Bengal
# Branches96

Total Portfolio (nat'l)INR 1,020,993,623
Total Portfolio (USD)USD 19,264,030.62
Active clients with loans175,408
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliationsSa-Dhan, MFIN

Loan Products » Summary

2,653 Borrowers
USD 543,270.43 Portfolio
Active Product
1,239 Borrowers
USD 1,245,088.15 Portfolio
Active Product

Loan Products » Summary

168,352 Borrowers
USD 17,516,447.16 Portfolio
Active Product
7,056 Borrowers
USD 1,747,583.47 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan GHS 500 - 5,000 6 - 12 60% - 80% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training
Susu Loan GHS 300 - 30,000 6 - 12 40% - 60% 80% - 100% Business Women, Men, Have business Credit Educ, Business Training

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Pragati INR 4,000 - 15,000 11.5 - 12.1 80% - 100% 0% - 20% Business Women Group Mtgs, Credit Ins
Samridhhi INR 16,000 - 50,000 23.9 - 24.3 80% - 100% 0% - 20% Business Women Group Mtgs, Credit Ins, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 32.00% annual, Flat 1 Fee 1 Ins None 25.00% upfront 62.7% - 65.3% 108.4% - 114.8% 28
Susu Loan 32.00% annual, Flat 1 Fee 0 Ins None 33.33% upfront 66.5% - 69.9% 139.1% - 152.3% 22

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
Pragati 25.1% - 26.1% 27.3% - 28.3% 29.8% - 30.9% Yes Yes Yes 91
Samridhhi 22.6% - 26% 23.7% - 27.1% 26% - 29.5% Yes Yes Yes 95

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Pragati 23.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 27.3% - 28.3% 29.8% - 30.9% 76
Samridhhi 23.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 23.7% - 27.1% 26% - 29.5% 83

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 32.00% annual, Flat 1 Fee 1 Ins Ins None 25.00% upfront 62.7% - 65.3% 108.4% - 114.8% 28
Susu Loan 32.00% annual, Flat 1 Fee 0 Ins Ins None 33.33% upfront 66.5% - 69.9% 139.1% - 152.3% 22

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
Pragati 25.1% - 26.1% 27.3% - 28.3% 29.8% - 30.9% Yes Yes Yes 91
Samridhhi 22.6% - 26% 23.7% - 27.1% 26% - 29.5% Yes Yes Yes 95

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Pragati 23.5% annual, Decl Bal 1 Fee 1 Ins Ins 12.36% fees N/A 27.3% - 28.3% 29.8% - 30.9% 76
Samridhhi 23.5% annual, Decl Bal 1 Fee 1 Ins Ins 12.36% fees N/A 23.7% - 27.1% 26% - 29.5% 83
Institution Price Graph
Institution Price Graph
Caps / Zoom options
Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to