Please note that the information you are viewing is
139 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2013-04-02
Data version: 2
Age of data: 139 months
This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months.
MFTransparency presents basic data rather than full data for low volume products
Key Statistics
| Outstanding portfolio (GHS) | GHS 37,000 |
| Portfolio (USD) | USD 18,781.73 |
| Active Clients with Loans | 4 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
Description
This is a group loan for between 4 to 7 clients. The individual clients in this group should be known to each other. Group members may be in similar business and should feel comfortable being members of the group.
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) | |
Eligibility
| 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 | Either run business OR be salaried |
| Other (2) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 1 |
| # Regions for this product | N/A |
| Regions Active | |
Please note that the information you are viewing is
170 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2010-10-25
Data version: 1
Age of data: 170 months
| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1997 |
| Head of Institution | P.V. Ravikumar |
| Regions active | |
| # Branches | 8 |
| Total Portfolio (nat'l) | INR 315,140,153 |
| Total Portfolio (USD) | USD 5,946,040.62 |
| Active clients with loans | 36,543 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
36,543 Borrowers
USD 5,946,044.68 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Income Generating Loan |
|
INR 5,000 - 50,000 |
|
12 - 60 |
|
80% - 100% |
|
20% - 40% |
|
Any Purpose |
|
Women |
|
Group Mtgs, Credit Ins, Business Training |
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 |
| Income Generating Loan |
|
0 |
|
20.2% - 20.6% |
|
31% - 37.2% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Income Generating Loan |
|
19.2% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
None |
|
20.0% upfront 50.00 ongoing |
|
20.2% - 20.6% |
|
31% - 37.2% |
|
58 |
