2. DQF
Please note that the information you are viewing is 141 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Sonata Finance
Please note that the information you are viewing is 142 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

DAASGIFT Quality Foundation - FNGO Head OfficeTakoradi, WesternPO Box TD 1369
Data approved: 2013-05-27
Data version: 2
Age of data: 141 months
Choose version

Institution

Sonata Finance Private Limited 125B/6B Pt. Madan Mohan Malviya RoadGorge TownAllahabad, Uttar PradeshPO Box 211002
Data approved: 2013-01-09
Data version: 3
Age of data: 142 months
Choose version

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.daasgift.org/
Year established2006
Head of InstitutionMrs Gifty Baaba Asmah
Regions activeWestern Region
# Branches2

Total Portfolio (nat'l)GHS 254,310
Total Portfolio (USD)USD 129,091.37
Active clients with loans3,862
Approximate % female clients80% - 100%
Approximate % urban clients40% - 60%
Network affiliationsGHAMFIN, ASSFIN, AGSI, Microcredit Summit Campaign
FundersE&CO, CHF International, Global Giving, Coastal Resource Centre

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.sonataindia.com/
Year established2006
Head of InstitutionAnup Kumar Singh
Regions activeHaryana, Madhya Pradesh
# Branches108

Total Portfolio (nat'l)INR 1,204,379,246
Total Portfolio (USD)USD 22,724,136.72
Active clients with loans158,243
Approximate % female clients100%
Approximate % urban clients0% - 20%
Network affiliationsSa-Dhan, SAMN, MFIN, ACTED

Loan Products » Summary

Cookstove
1,120 Borrowers
USD 41,868.02 Portfolio
Active Product
Solar
632 Borrowers
USD 21,416.24 Portfolio
Active Product
Group lending
Retired Product
Managed Funds Loan
Retired Product

Loan Products » Summary

Income
152,607 Borrowers
USD 21,114,947.77 Portfolio
Active Product
Individual
3,843 Borrowers
USD 1,555,442.60 Portfolio
Active Product
Utility
1,793 Borrowers
USD 53,746.34 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Energy (Clean Cookstoves) GHS 100 - 2,000 3 - 6 80% - 100% 60% - 80% Business, Consumer Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Energy (Solar Lanterns) GHS 80 - 950 3 - 6 40% - 60% 80% - 100% Business, Consumer Women, Men Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Income Generating Loan INR 7,200 - 19,650 12.2 - 23.33 100% 0% - 20% Business Women, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins
Individual Loan INR 20,000 - 50,000 12 - 24 100% 0% Business Women, Have business Credit Educ, Credit Ins
Utility Finance INR 1,000 - 6,770 3.55 - 8.88 100% 20% - 40% Any Purpose Women Credit Educ, Group Mtgs, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Energy (Clean Cookstoves) 24.00%-36.00% annual, Flat 0 Fees 0 Ins None N/A 66.5% - 68.1% 66.5% - 68.1% 35
Energy (Solar Lanterns) 24.00%-36.00% annual, Flat 0 Fees 0 Ins None 10.00% upfront 39.3% - 59.1% 46.7% - 70% 41

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 25% - 25.4% 26.2% - 26.6% 27.5% - 28.8% Yes Yes Yes 100
Individual Loan 25.6% - 26.1% 26.5% - 27% 27.5% - 28.1% Yes Yes Yes 100
Utility Finance 23% - 26.2% 25.6% - 30.2% 26% - 30.7% Yes Yes NA 92
*Please click here for more information

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Income Generating Loan 26.0% annual, Decl Bal 1 Fee 1 Ins None N/A 26.2% - 26.6% 27.5% - 28.8% 92
Individual Loan 26.0% annual, Decl Bal 1 Fee 1 Ins None N/A 26.5% - 27% 27.5% - 28.1% 93
Utility Finance 23.1%-26.0% annual, Decl Bal 1 Fee 0 Ins None N/A 25.6% - 30.2% 26% - 30.7% 80

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Energy (Clean Cookstoves) 24.00%-36.00% annual, Flat 0 Fees 0 Ins Ins None N/A 66.5% - 68.1% 66.5% - 68.1% 35
Energy (Solar Lanterns) 24.00%-36.00% annual, Flat 0 Fees 0 Ins Ins None 10.00% upfront 39.3% - 59.1% 46.7% - 70% 41

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 25% - 25.4% 26.2% - 26.6% 27.5% - 28.8% Yes Yes Yes 100
Individual Loan 25.6% - 26.1% 26.5% - 27% 27.5% - 28.1% Yes Yes Yes 100
Utility Finance 23% - 26.2% 25.6% - 30.2% 26% - 30.7% Yes Yes NA 92
*Please click here for more information

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Income Generating Loan 26.0% annual, Decl Bal 1 Fee 1 Ins Ins None N/A 26.2% - 26.6% 27.5% - 28.8% 92
Individual Loan 26.0% annual, Decl Bal 1 Fee 1 Ins Ins None N/A 26.5% - 27% 27.5% - 28.1% 93
Utility Finance 23.1%-26.0% annual, Decl Bal 1 Fee 0 Ins Ins None N/A 25.6% - 30.2% 26% - 30.7% 80
Institution Price Graph
Click to view Price Analysis Tool
Institution Price Graph
Click to view Price Analysis Tool
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 ∞