2. Arman
Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Union RB
Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Arman Financial Services Limited 502-3-4, Sakar IIIOff. Ashram Road,Opp. Old High CourtAhmedabad, Gujarat380014
Data approved: 2010-10-25
Data version: 1
Age of data: -   months 
Choose version

Institution

Union Rural Bank Limited Head OfficeSenya Bereku, Central RegionP.O. Box 5
Data approved: 2013-02-26
Data version: 2
Age of data: 144 months
Choose version

Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?N/A
Website addresshttp://www.armanindia.com/
Year established1992
Head of InstitutionJayendra Patel
Regions active0
# Branches13

Total Portfolio (nat'l)INR 78,547,932
Total Portfolio (USD)USD 1,745,509.60
Active clients with loans10,702
Approximate % female clients80% - 100%
Approximate % urban clients40% - 60%
Network affiliations

Institution Details

Institution TypeRurBank
Is this institution regulated?Yes
Website addressN/A
Year established1999
Head of InstitutionPaul Kojo Kombian
Regions activeGreater Accra Region, Central Region
# Branches7

Total Portfolio (nat'l)GHS 4,652,554
Total Portfolio (USD)USD 2,361,702.54
Active clients with loans3,831
Approximate % female clients60% - 80%
Approximate % urban clients40% - 60%
Network affiliationsARB APEX, GHAMFIN, Freedom from Hunger
FundersOikoCredit, SPEED Ghana, ARB APEX Bank

Loan Products » Summary

Group
10,702 Borrowers
USD 1,745,510 Portfolio
Active Product

Loan Products » Summary

Group
1,367 Borrowers
USD 187,932.49 Portfolio
Active Product
Salary
1,889 Borrowers
USD 1,777,637.90 Portfolio
Active Product
Business
435 Borrowers
USD 300,171.28 Portfolio
Active Product
Mobile
140 Borrowers
USD 95,960.87 Portfolio
Active Product
Personal Loan
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan INR 5,000 - 20,000 8.1 - 11.5 80% - 100% 40% - 60% Business, Housing, Education, Other Women, Have business, Have home or land 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
Group Loan GHS 500 - 3,000 4 - 6 80% - 100% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs
Salary Loan GHS 200 - 25,000 1 - 12 40% - 60% 60% - 80% Business, Education Women, Men, Have business, Salaried worker Credit Educ, Business Training
Business Loan GHS 200 - 25,000 1 - 12 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, Business Training
Mobile Banking Loan GHS 200 - 25,000 1 - 12 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, 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
Group Loan 0 26.8% - 38.6% 29.4% - 39.8% N/A
*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
Group Loan 17.5% annual, Flat 1 Fee 0 None N/A 26.8% - 38.6% 29.4% - 39.8% 52

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 48.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 103.1% - 106% 123.7% - 127.3% 38
Salary Loan 32.00% annual, Flat 2 Fees 0 Ins None N/A 57.3% - 73.4% 57.3% - 73.4% 47
Business Loan 35.00% annual, Flat 2 Fees 0 Ins None N/A 68.2% - 68.7% 68.2% - 68.7% 51
Mobile Banking Loan 48.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 104.9% - 107.4% 127.1% - 130.5% 37

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
Group Loan 0 26.8% - 38.6% 29.4% - 39.8% N/A
*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
Group Loan 17.5% annual, Flat 1 Fee 0 None N/A 26.8% - 38.6% 29.4% - 39.8% 52

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 48.00% annual, Flat 2 Fees 0 Ins Ins None 10.00% upfront 103.1% - 106% 123.7% - 127.3% 38
Salary Loan 32.00% annual, Flat 2 Fees 0 Ins Ins None N/A 57.3% - 73.4% 57.3% - 73.4% 47
Business Loan 35.00% annual, Flat 2 Fees 0 Ins Ins None N/A 68.2% - 68.7% 68.2% - 68.7% 51
Mobile Banking Loan 48.00% annual, Flat 2 Fees 0 Ins Ins None 10.00% upfront 104.9% - 107.4% 127.1% - 130.5% 37
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.Private \'For-Profit\'Institution TypeMultipleLoan PurposeArmanInstitutionIN-004-V01-P01ProductINCountry2010YearRange Number1Institution Data Version02,0004,0006,0008,00010,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 3,2002,4001,60080080Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.RurBankInstitution TypeBusinessMultipleLoan PurposeUnion RBInstitutionGH-044-V02-P01GH-044-V02-P03GH-044-V02-P04GH-044-V02-P05ProductGHCountry2013YearRange Number2Institution Data Version05,00010,00015,00020,000Loan Size (all)0%50%100%Full APR (int fee ins tax dep)> 1,00080050020030Number of Borrowers
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 ∞