| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | n/a |
| Year established | 2008 |
| Head of Institution | Amadu Montia |
| Regions active | Northern Region |
| # Branches | 2 |
| Total Portfolio (nat'l) | GHS 1,905,561.29 |
| Total Portfolio (USD) | USD 967,289.99 |
| Active clients with loans | 5,143 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | GHAMFIN, GCSCA |
| Funders | MiDA |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.arohan.in/ |
| Year established | 1991 |
| Head of Institution | Shubhankar Sengupta |
| Regions active | Assam, Bihar, West Bengal |
| # Branches | 86 |
| Total Portfolio (nat'l) | INR 399,408,132 |
| Total Portfolio (USD) | USD 7,536,002.49 |
| Active clients with loans | 76,358 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | MFIN, Sa-Dhan |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | GHS 1,000 - 30,000 | 1 - 3 | 0% - 20% | 80% - 100% | Business | Women, Men, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
| Group Loan | GHS 100 - 1,000 | 4 | 80% - 100% | 80% - 100% | Business | Women, Have business, Must be a group member and must have lived in the community for at least one year, Must have group guarantee | Credit Educ, Group Mtgs, Health and nutrition training, Clean up exercises (sanitation) |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bazar Loan | INR 6,000 - 18,000 | 10 - 11 | 0% - 20% | 80% - 100% | Any Purpose | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Saral Monthly | INR 5,000 - 15,000 | 15 | 80% - 100% | 80% - 100% | Any Purpose | Women | Credit Educ, Group Mtgs, Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | 60.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 86.3% - 107.6% | 101.7% - 126.1% | 52 | ||||||||
| Group Loan | 36.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00% upfront | 63.1% | 75.6% | 47 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bazar Loan | 25% - 27.1% | 27.1% - 29.4% | 28.5% - 30.9% | Yes | Yes | Yes | 100 | |||||||
| Saral Monthly | 26% - 31.1% | 27.6% - 32.9% | 29.1% - 34.4% | Yes | Yes | Yes | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bazar Loan | 27.3% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 27.1% - 29.4% | 28.5% - 30.9% | 91 | ||||||||
| Saral Monthly | 28.4% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 27.6% - 32.9% | 29.1% - 34.4% | 91 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | 60.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.00% upfront | 86.3% - 107.6% | 101.7% - 126.1% | 52 | ||||||||
| Group Loan | 36.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.00% upfront | 63.1% | 75.6% | 47 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bazar Loan | 25% - 27.1% | 27.1% - 29.4% | 28.5% - 30.9% | Yes | Yes | Yes | 100 | |||||||
| Saral Monthly | 26% - 31.1% | 27.6% - 32.9% | 29.1% - 34.4% | Yes | Yes | Yes | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bazar Loan | 27.3% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 27.1% - 29.4% | 28.5% - 30.9% | 91 | ||||||||
| Saral Monthly | 28.4% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 27.6% - 32.9% | 29.1% - 34.4% | 91 |
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