| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| AGFS | 200 | 47,000 | 2 | 163 |
| Ahantaman RB | 23,800 | 9,896,000 | 4 | 145 |
| APED | 13,700 | 1,876,000 | 2 | 145 |
| ASA Initiative | 4,400 | 577,000 | 4 | 145 |
| ASA-Ghana | 71,600 | 18,385,000 | 2 | 145 |
| ASPI | 800 | 88,000 | 6 | 145 |
| Atwima Kwanwoma | 3,800 | 1,788,000 | 2 | 145 |
| Baobab | 5,100 | 967,000 | 2 | 145 |
| BestFUND | 13,000 | 4,172,000 | 3 | 145 |
| Bonzali Rural | 10,400 | 1,691,000 | 4 | 163 |
| CashPhase | 83 | 135,000 | 2 | 145 |
| CASUD | 1,100 | 524,000 | 1 | 145 |
| CEDEF | 500 | 54,000 | 4 | 145 |
| CFF | 100 | 13,000 | 1 | 145 |
| CRAN | 3,600 | 1,019,000 | 2 | 145 |
| DQF | 1,700 | 63,000 | 2 | 145 |
| EASL | 9,200 | 11,409,000 | 6 | 145 |
| East Mamprusi | 12,500 | 2,268,000 | 4 | 145 |
| ELDA | 0 | 0 | 0 | 145 |
| EMPRETEC Ghana | 200 | 56,000 | 2 | 145 |
| FASL | 13,500 | 14,047,000 | 8 | 145 |
| Grameen Ghana | 9,500 | 507,000 | 3 | 145 |
| ID-Ghana | 5,600 | 953,000 | 3 | 145 |
| Innovative Finance | 2,700 | 354,000 | 3 | 145 |
| Kraban Support | 7,700 | 781,000 | 5 | 163 |
| KRB | 4,000 | 6,350,000 | 3 | 145 |
| Lower Pra RB | 34,000 | 6,316,000 | 3 | 163 |
| Maata-N-Tudu | 12,000 | 941,000 | 4 | 145 |
| Mail Finance | 300 | 288,000 | 1 | 145 |
| Markaz | 0 | 0 | 0 | 145 |
| Markaz Al Bishara | 100 | 17,000 | 1 | 145 |
| MicrofinPlus Gh | 1,100 | 251,000 | 2 | 145 |
| Nwabiagya RB | 4,000 | 2,265,000 | 3 | 145 |
| OISL | 62,000 | 27,232,000 | 9 | 145 |
| Pro Credit | 0 | 0 | 0 | 145 |
| Rich Step | 100 | 101,000 | 1 | 145 |
| SAT | 147,600 | 29,359,000 | 4 | 145 |
| Sekam Trust | 600 | 137,000 | 2 | 145 |
| Simli Pong | 8,900 | 463,000 | 3 | 163 |
| SS Ghana | 200 | 35,000 | 1 | 145 |
| TCCU | 100 | 32,000 | 3 | 145 |
| The Bridge | 400 | 32,000 | 3 | 163 |
| Union RB | 3,800 | 2,361,000 | 4 | 145 |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.utkarshmfi.com/ |
| Year established | 1990 |
| Head of Institution | Govind Singh |
| Regions active | Bihar, Madhya Pradesh |
| # Branches | 92 |
| Total Portfolio (nat'l) | INR 1,374,101,555 |
| Total Portfolio (USD) | USD 25,926,444.43 |
| Active clients with loans | 168,691 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Utkarsh Pragati | INR 6,000 - 15,000 | 12 - 14 | 100% | 0% - 20% | Business | Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Client age must be between 21 to 55. | Credit Educ, Group Mtgs, Tech Asst Visits | |||||||
| Utkarsh Kiran | INR 18,000 - 25,000 | 24 | 100% | 0% - 20% | Business | Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Client age must be between 21 to 55. | Credit Educ, Group Mtgs, Tech Asst Visits | |||||||
| Utkarsh Samridhi | INR 25,000 - 300,000 | 6 - 36 | 0% - 20% | 100% | Business | Women, Men, Have business, Have home or land, Must have atleast 3 years of experience in existing business. | Business Training |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Utkarsh Pragati | 25.6% - 25.9% | 27.3% - 27.5% | 29.4% - 29.6% | Yes | Yes | Yes | 100 | |||||||
| Utkarsh Kiran | 25.8% - 26.1% | 26.8% - 27.1% | 28% - 28.3% | Yes | Yes | Yes | 100 | |||||||
| Utkarsh Samridhi | 28.8% | 30.4% | 32.6% | NA | NA | NA | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Utkarsh Pragati | 25.9% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 27.3% - 27.5% | 29.4% - 29.6% | 88 | ||||||||
| Utkarsh Kiran | 25.9% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26.8% - 27.1% | 28% - 28.3% | 92 | ||||||||
| Utkarsh Samridhi | 29.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 30.4% | 32.6% | 89 |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
